Deadwood Economic Development Corp in Deadwood, South Dakota (SD)

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Deadwood Economic Development Corp
Employer Identification Number (EIN)363534219
Name of OrganizationDeadwood Economic Development Corp
Address767 Main St, Deadwood, SD 57732-1015
ActivitiesArea development, redevelopment of renewal
SubsectionTitle Holding Corporation
Ruling Date08/1989
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,666,101
Amount of Income$186,797
Form 990 Revenue Amount$186,797


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$186,797
Contributions, Gifts, Grants and Other Similar Amounts$21,000
Program Service Revenue$24,930
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$140,867
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$348,841
Compensation of current officers, directors, trustees, and key employees$70,919
Other salaries and wages$0
Payroll taxes$5,652
Professional fundraising services$0
Other$272,270
Balance Sheet (for 2011)
Total assets$3,666,101
Total liabilities$3,149,938
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$3,135,644
Unsecured notes and loans payable to unrelated third parties$0
Other$14,294
Total net assets or fund balances$516,163
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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