Caedc Foundation
- Assets
- $35.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Custer, SD
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-1205358
Organization Overview
Caedc Foundation is located in Custer, SD. The organization was established in 2019. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caedc Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Caedc Foundation generated $36.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 51.3% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THROUGH SUPPORT OF THE FOUNDATION, CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION HAS FORMED ASSOCIATIONS WITH OTHER REGIONAL AND STATE ECONOMIC DEVELOPMENT ORGANIZATIONS, ASSISTING WITH ACCESS TO FUNDS, LEADERSHIP AND ENTREPRENEURIAL TRAINING. REPRESENTATIVES WORK TO OPEN OPPORTUNITIES TO GROW EXISTING BUSINESSES, TO ATTRACT AND ASSIST NEW BUSINESS VENTURES AND START-UPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Prior President | 4 | $0 | |
Tanya Olson Secretary | 4 | $0 | |
Phillip Abernathy Treasurer | 2 | $0 | |
Kelly Miller Board Member | 1 | $0 | |
Monni Karim Board Member | 1 | $0 | |
Colleen Hennessy Board Member | 13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,709 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,709 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,829 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,099 |
| Total expenses | $36,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,156 |
| Other assets | $0 |
| Total assets | $35,156 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,156 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Caedc Foundation has recieved totaling $8,004.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: Grant to support AARP's livable communities initiative | $8,004 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Economic Development Association Minneapolis, MN | $45,113,584 | $12,064,856 |
Great Plains Institute For Sustainable Development Minneapolis, MN | $9,896,004 | $8,891,636 |
Minneapolis - St Paul Regional Economic Development Partnership Saint Paul, MN | $5,371,081 | $6,502,146 |
Omaha Economic Development Corp Omaha, NE | $18,549,776 | $6,962,293 |
Center For Economic Inclusion Saint Paul, MN | $9,315,769 | $9,776,985 |
Nextstage Bloomington, MN | $2,654,997 | $4,431,008 |
Grow South Dakota Sisseton, SD | $70,205,734 | $6,159,440 |
Wolf Run Village Inc Watford City, ND | $13,751,715 | $5,775,669 |
Minnesota Business Finance Corporation St Cloud, MN | $6,710,385 | $3,673,437 |
Glacier Country Regional Tourism Commission Inc Missoula, MT | $1,843,193 | $3,815,172 |
South Segment Community Development Corporation Halliday, ND | $18,333,660 | $2,595,332 |
Fargo Moorhead Convention & Visitors Bureau Inc Fargo, ND | $3,704,311 | $2,547,498 |