2024-02-29T13:27:18-06:00 2023-09-30 480997992 Kennedy McKee & Company LLP PO Box 1477 Dodge City KS 678011477 990 2022-10-01 480971150 Great Plains Development Inc GREA 6202276406 PO Box 1116 Dodge City KS 67801 Robert Wetmore Executive Co-Director 6202276406 2024-02-20 1 Robert Wetmore 999009999 0 John Hendrickson P00526931 6202273135 2024-02-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Robert Wetmore PO Box 1116 Dodge City KS 67801 479420 0 X gpdionline.com X 1982 KS Under the oversight of its 28 county membership and 10 member Board of Directors, GPDI provides professional leadership and technical assistance in financing, loan packaging and business planning to individuals, businesses and government agencies for the purpose of stimulating economic development and job creation in our 28 county area. Our resources also include programs that assist our cities and counties with grant writing and certified administration for community improvement, housing and urgent need projects. Many of its services and grants require a charitable not-for-profit status. 10 10 8 0 0 0 58512 41075 371292 430674 2057 7671 0 0 431861 479420 0 0 0 0 280721 279692 0 0 0 189483 119708 470204 399400 -38343 80020 1849685 1961314 77570 109179 1772115 1852135 X Under the oversight of its 28 county membership and 10 member Board of Directors, GPDI provides professional leadership and technical assistance in financing, loan packaging and business planning to individuals, businesses and government agencies for the purpose of stimulating economic development and job creation in our 28 county area. Our resources also include programs that assist our cities and counties with grant writing and certified administration for community improvement, housing and urgent need projects. Many of its services and grants require a charitable not-for-profit status. 0 0 146143 69529 Economic Development Administration programs, including servicing of six revolving loans under the Economic Development Administration revolving loan program. These loans provide for working capital, inventory, equipment, machinery and other fixed assets in 22 eligible counties. 73266 43627 Community Development Block Grant program - assistance with grant applications and certified administration for Community Development Block Grants. During the current year, there was no administration for new projects. 126 39821 Network Kansas GrowKS programs - The Network Kansas GrowKS funds represent pass through funding for making loans. Counties received grant funding to make the loans and are outsourcing the loan administration to Great Plains. GPDI receives the packaging, closing and any direct expenses incurred. As payments are received on the loans, GPDI keeps $40 of the interest paid plus any late fees and/or service fees. 100322 277697 Assistance with grant applications, administration, and servicing of loans under the SBA, RECD, RBEG, Kansas tax credit, Start Up Kansas/E-Community, Hospitality Industry Relief Emergency, Network Kansas loan programs. 100322 277697 319857 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Faye Trent 6202276406 PO Box 1116 Dodge City KS 67801 Jeanette Siemens Director 0.75 X 0 0 0 Duane Drees Director 0.75 X 0 0 0 Marsha Ewy Director 0.75 X 0 0 0 Dan Fankhauser President 0.75 X X 0 0 0 Renee Kerr Director 0.75 X 0 0 0 Gary Johnson Secretary/Treasuer 1.00 X X 0 0 0 Craig Neeland Vice President 0.75 X X 0 0 0 Joe Reynolds Director 0.75 X 0 0 0 Josh Sullivan Director 0.75 X 0 0 0 Vienna Lee Director 0.75 X 0 0 0 Faye Trent Co-Executive Director 40.00 X 68550 0 3888 Bob Wetmore Co-Executive Director 40.00 X 76150 0 4973 144700 0 8861 0 0 0 0 0 41075 41075 Origination and servic 561000 128331 128331 Bad debt recovery 525990 107977 107977 Grants 900099 103432 103432 Interest on revolving 525990 79560 79560 Filing fees 561000 11374 11374 430674 7671 7671 479420 430674 0 7671 153561 138205 15356 92946 73490 19456 3125 2602 523 12312 11297 1015 17748 12558 5190 12149 7289 4860 23794 14216 9578 21551 13124 8427 14588 9086 5502 5070 3042 2028 12310 7498 4812 Bad loans 23824 23824 Membership dues 4547 2728 1819 Filing expenses 1474 585 889 Miscellaneous expenses 401 313 88 399400 319857 79543 0 121 121 747829 752384 42500 43009 46422 39846 982469 1088365 5878 5491 82176 72024 14528 10152 9938 21946 1849685 1961314 17719 12195 40430 45690 19421 51294 77570 109179 X 1763176 1843196 8939 8939 1772115 1852135 1849685 1961314 80020 0 X 0 1 X 0 0 X 36934 8709 29280 58512 41075 174510 292906 305237 398820 358342 430674 1785979 329840 313946 428100 416854 471749 1960489 0 0 0 1960489 4454 2202 1430 2057 7671 17814 4454 2202 1430 2057 7671 17814 334294 316148 429530 418911 479420 1978303 0.99100 0.99250 0.00900 0.00750 X 82176 72024 10152 10152 Custodial accounts 51294 51294 X 479420 0 479420 0 479420 399400 0 399400 0 399400 Part X, Line 2: The Organization is exempt from federal income tax under Section 501 (c) (3) of the Internal Revenue code. The Organization qualifies for the charitable contribution deduction under Section 170(b) (1) (A) and has been classified as an organization other than a private foundation under Section 509 (a) (2). The Organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Organization's federal Exempt Organization Income Tax Returns (Form 990) are subject to examination by the IRS, generally for three years after they were filed. Form 990, Part VI, Section A, line 6 Great Plains has as its members a group consisting of at least 29 persons known as "members" that are chosen and selected in accordance with Economic Development Administration and Small Business Administration guidelines. The membership of Great Plains is representative of the community in which it operaties and includes participation by all categories of persons required by the applicable directives, rules, and regulations of the EDA, SBA, and FmHA as amended from time to time. The County Commissioners of each county in the Service Area appoint 2 members each, and the City Commission of Dodge City, Garden City, Great Bend, Liberal, and Pratt each appoint 1 member. The Board of Directors make such additional appointments as necessary to fill the membership requirements and to meet the needs of Great Plains. Form 990, Part VI, Section A, line 7a There are required to be 11 directors who serve a term of 3 years. The board of Directors are elected from the corporate membership at the annual meeting of Great Plains. Form 990, Part VI, Section B, line 11b The review of the Form 990 is now an annual board of director's agenda item. The board approves the Form 990 for each fiscal year at a regular board meeting following its completion. Form 990, Part VI, Section B, line 12c Annual conflict disclosures are required by two separate government oversight agencies and signed by the President of the Great Plains Development Board of Directors. When any matter comes before Great Plains in which any member has a personal interest, then said member shall, prior to the vote being taken, announce a conflict of interest and abstain from voting. This includes legal counsel. In addition to the conflict of interest policy, GPDI has a Code of Conduct that states: No employee, officer, or agent shall participate in the selection, award, or administration of a contract in which Federal funds are used, where to his knowledge, he or his immediate family or partner has a financial interest or with whom he is negotiating or has any arrangement concerning prospective employment. The recipient's officers, employees or agents shall neither solicit nor accept gratuities, favors, or anything of monetary value from contractors or potential contractors. GPDI will provide disciplinary action for violations of such standards by GPDI's officers, employees, or agents. Form 990, Part VI, Section B, line 15a The Kansas Department of Commerce and the National Association of Development Companies offers annual data on comparable compensation. Documentation and recordkeeping are reflected in the minutes when the Board of Directors review compensation. Form 990, Part VI, Section C, line 19 As required by all the government agencies served, as a charitable private not-for-profit organization, this information is readily available at our offices for public use. Specific information is also available by email, telephone or fax as requested.