Southeast Enterprise Faciliation Project
- Assets
- $214.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, SD
- Founding
- 04/2000
- Data as of
- 12/2022
- EIN
- 91-1837497
Organization Overview
Southeast Enterprise Faciliation Project is located in Marion, SD. The organization was established in 2000. 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. Southeast Enterprise Faciliation Project 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 12/2022, Southeast Enterprise Faciliation Project generated $59.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $73.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR ORGANIZATION WORKS WITH LOCAL ENTREPRENEURS TO FACILITATE THE CREATION OF NEW BUSINESSES AND THE RETENTION OR EXPANSION OF EXISTING BUSINESSES. IN 2022 SEFP HAD 73 INQUIRIES AND WORKED WITH 14 NEW CLIENTS RESULTING IN THE CREATION 4 NEW BUSINESSES AND 10 JOBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curt Lukes President | 4 | $0 | |
Jeremy Grady Vice President | 4 | $0 | |
Rhonda Smith Secretary Treasurer | 4 | $0 | |
Alan Astleford Director | 2 | $0 | |
Jared Hybertson Director | 2 | $0 | |
Paul Mantz Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,086 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $866 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $277 |
| Total Revenue | $59,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,207 |
| Professional fees and other payments to independent contractors | $1,427 |
| Occupancy, rent, utilities, and maintenance | $3,205 |
| Printing, publications, postage, and shipping | $580 |
| Other expenses | $8,841 |
| Total expenses | $73,260 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,409 |
| Other assets | $0 |
| Total assets | $214,409 |
| Total liabilities | $1,956 |
| Net assets or fund balances | $212,453 |