2024-02-02T17:59:55-05:00 2023-06-30 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2022-07-01 466011771 SDSM&T CENTER FOR ALUMNI RELATIONS & ADVANCEMENT SDSM 6053942436 330 EAST KANSAS CITY ST RAPID CITY SD 57701 RICH WELLS CHAIR 6053942436 2024-02-02 true RICH WELLS 999009999 true TRACI HANSON CPA P02055725 6053425630 2024-02-02 2022 2023-04-26 12:10:37Z SDSM&T CARA PAUL KRUEGER 330 EAST KANSAS CITY ST RAPID CITY SD 57701 29742613 false X CARA.SDSMT.EDU X 1954 SD THE SDSM&T CARA'S MISSION IS TO PROMOTE THE TRADITIONS, INTERESTS, INFLUENCE AND REPUTATION OF SOUTH DAKOTA MINES AMONG ALUMNI AND FRIENDS THROUGH MEANINGFUL ENGAGEMENT AND BY INSPIRING AND STEWARDING PHILANTHROPY. 33 33 22 50 0 122455112 21142193 743319 1174849 3939025 2941273 87264 172082 127224720 25430397 110754873 7872785 0 1382233 1422753 81849 86922 1063829 843459 818868 113062414 10201328 14162306 15229069 122751670 140144675 3941380 3775836 118810290 136368839 THE SDSM&T CARA'S MISSION IS TO PROMOTE THE TRADITIONS, INTERESTS, INFLUENCE AND REPUTATION OF SOUTH DAKOTA MINES AMONG ALUMNI AND FRIENDS THROUGH MEANINGFUL ENGAGEMENT AND BY INSPIRING AND STEWARDING PHILANTHROPY. false false 3783052 3783052 PROVIDE SCHOLARSHIPS AND FELLOWSHIPS TO STUDENTS ATTENDING SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY (SDSM&T). SCHOLARSHIP RECIPIENTS ARE SELECTED BY THE SDSM&T SCHOLARSHIP COMMITTEE. PRIZES AND AWARDS ARE GIVEN TO STUDENTS, FACULTY, AND STAFF ACCORDING TO SPECIFIC AWARD CRITERIA. 4351339 4089733 1174849 GENERAL SUPPORT TO SDSM&T, ITS DEPARTMENTS, AND ITS STUDENTS. 8134391 true true false false false true false false true true true true false false true true true true false false false false false true false false false true false true false false false false false false false false true false false false true true true false false false true 41 0 22 true false false false false false true true false false false false false false X 33 33 true false false false false false false true true false false false true true true true true true true false X AUDREY BOEHM 6053945304 330 EAST KANSAS CITY ST RAPID CITY SD 57701 PAUL KRUEGER CEO 45.00 X 202693 0 18166 BRADLEY JOHNSON VP-PRES DEVE 45.00 X 139698 0 22973 AUDREY BOEHM CFO 45.00 X 87265 0 14486 JULIE CARVER CHAIR 1.00 X X 0 0 0 RICH WELLS 1ST VICE CHA 1.00 X X 0 0 0 AMY KOENIG 2ND VICE CHA 1.00 X X 0 0 0 TONI RICHARDSON SECRETARY 1.00 X X 0 0 0 TIM OGDIE TREASURER 1.00 X X 0 0 0 JEREMY ADAMS TRUSTEE 1.00 X 0 0 0 JEFF ALLEN TRUSTEE 1.00 X 0 0 0 SHERWIN ARTUS TRUSTEE 1.00 X 0 0 0 TYLER ARTZ TRUSTEE 1.00 X 0 0 0 GAURDIE BANISTER TRUSTEE 1.00 X 0 0 0 CARLOS BEATTY JR TRUSTEE 1.00 X 0 0 0 MARK BENSON TRUSTEE 1.00 X 0 0 0 ED CORWIN TRUSTEE 1.00 X 0 0 0 DANIEL DOLAN TRUSTEE 1.00 X 0 0 0 JERRY FARKE TRUSTEE 1.00 X 0 0 0 LANCE HANSON TRUSTEE 1.00 X 0 0 0 SEAN HAYES TRUSTEE 1.00 X 0 0 0 JOHN HENDERSON TRUSTEE 1.00 X 0 0 0 GREG HINTGEN TRUSTEE 1.00 X 0 0 0 MARTY JACKLEY TRUSTEE 1.00 X 0 0 0 GENE LEBRUN TRUSTEE 1.00 X 0 0 0 ROSE LUVAAS TRUSTEE 1.00 X 0 0 0 RENITA MOLLMAN TRUSTEE 1.00 X 0 0 0 ROBERT MORCUM TRUSTEE 1.00 X 0 0 0 MITCH NACHTIGALL TRUSTEE 1.00 X 0 0 0 MARLENE NELSON TRUSTEE 1.00 X 0 0 0 STEPHEN O'ROURKE TRUSTEE 1.00 X 0 0 0 JERILYN ROBERTS TRUSTEE 1.00 X 0 0 0 LAWRENCE SCHMALTZ TRUSTEE 1.00 X 0 0 0 FANAR SEFA TRUSTEE 1.00 X 0 0 0 NICOLE STENGLE TRUSTEE 1.00 X 0 0 0 TODD WILLIAMS TRUSTEE 1.00 X 0 0 0 LISA ZACHER TRUSTEE 1.00 X 0 0 0 429656 55625 2 false true false CHRIS WELLS CONSTRUCTION 23528 BRADSKY ROAD RAPID CITY SD 57703 CONSTRUCTION 292257 1 21142193 2687783 21142193 ACTIVITY AND ADMIN FEES 900099 1174849 1174849 1174849 3232589 3232589 591727 419645 172082 172082 172082 3601255 3890341 2230 -289086 -2230 -291316 -291316 25430397 1346931 2941273 7872785 7872785 331298 6830 239177 85291 802609 105378 291201 406030 40315 5203 14868 20244 166207 17950 72812 75445 82324 8315 37951 36058 12597 1272 5807 5518 33308 3364 15355 14589 86922 86922 87950 87950 462 47 213 202 132789 9431 43049 80309 103263 10430 47604 45229 68531 6922 31593 30016 55402 55402 6367 643 2935 2789 19565 19565 130979 35352 63234 32393 35148 3550 16203 15395 EVENTS AND COMMUNICATIONS 118355 45490 7067 65798 EQUIPMENT AND CAPITAL IMP 14152 1429 6524 6199 10201328 8134391 1003108 1063829 467736 424941 22341531 22818150 3372120 8302889 265271 253545 301048 257550 104996 111855 10882114 1948917 8739577 8933197 68563694 80908066 18074270 17685442 521427 449040 122751670 140144675 761116 641345 76609 61102 328235 308816 2775420 2764573 3941380 3775836 X 7439422 7910224 111370868 128458615 118810290 136368839 122751670 140144675 15229069 2329480 X false true X true false X 72357129 10820559 9922717 19397937 21142193 133640535 72357129 10820559 9922717 19397937 21142193 133640535 9945940 123694595 2337746 1872155 1929616 3048071 3232589 12420177 7646 11000 18646 146079358 5866651 0.84680 0.86740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8 1113014 -842594 1496442 true true false true X 92491117 6712302 3496173 -1878902 -661495 100159195 92609450 8844027 -7648898 -1243398 -70064 92491117 77193803 5065038 12125699 -1359791 -415299 92609450 69924860 6731026 2192471 -1388667 -265887 77193803 65544260 2789162 3063921 -1280340 -192143 69924860 0.09550 0.90450 true false 1475816 1089643 2565459 3358402 4162466 1603069 5917799 542201 233558 308643 253586 112290 141296 8933197 GOV SEC/CORP BONDS/CD'S 10892963 F PRIVATE EQUITY 6135217 F ILLIQUID CREDIT 480004 F REAL ESTATE FUNDS 177258 F 17685442 LIAB UNDER CHARIT. TR AND ANNUITIES 2764573 2764573 X 27671927 2329480 2329480 25342447 87950 87950 25430397 10113378 10113378 87950 87950 10201328 SCHEDULE D, PAGE 2, PART IV, LINE 2B CARA HOLDS MONIES FOR VARIOUS SDSM&T DEPARTMENTS, PROGRAMS AND ACTIVITIES. GENERALLY THIS IS ON A SHORT TERM BASIS, AT WHICH TIME, UPON PROPER AUTHORIZATION FROM THE SCHOOL, MONIES ARE RETURNED OR DISBURSED TO THE APPROPRIATE THIRD PARTY. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS WILL PROVIDE FOR SCHOLARSHIPS AND FELLOWSHIPS, FACULTY SUPPORT, RESEARCH, STUDENT ASSISTANCE, DEPARTMENT SUPPORT TO THE SDSM&T, AND OPERATIONS OF CARA. SCHEDULE D, PAGE 3, PART X CARA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, CARA HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE A "PUBLIC FOUNDATION" (RATHER THAN A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE). NO FEDERAL INCOME TAX IS PAID UNLESS NET INCOME IS DERIVED FROM ACTIVITIES THAT ARE UNRELATED TO EXEMPT ACTIVITIES. THERE ARE NO SUCH ACTIVITIES CONDUCTED. AT JUNE 30, 2023, CARA BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST. X X X X true RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 PHONATHON false 46137 -46137 BENEFACTORS COUNSEL LLC 450 S FRONT ST COLUMBUS OH 43215 CAMPAIGN false 28021 -28021 RONALD W JEITZ 1010 JACKSON LANE GREENSBORO GA 30642 DEVELOPMEN false 8480 -8480 82638 -82638 SCHEDULE G, PART IV GROSS RECEIPTS FOR PROFESSIONAL FUNDRAISING ACTIVITIES COULD NOT BE ACCURATELY TRACKED. ZERO GROSS RECEIPTS IS BEING REPORTED ON SCHEDULE G, PART I. true SDSM&T 501 E ST JOSEPH STREET RAPID CITY SD 57701 466000364 GOV 3783052 SCHOLARSHIPS/FELLOWS SDSM&T 501 E ST JOSEPH STREET RAPID CITY SD 57701 466000364 GOV 3177724 889526 FMV VARIOUS GENERAL SUPPORT SDSM&T HARDROCK CLUB 501 E ST JOSEPH STREET RAPID CITY SD 57701 453134357 3 22483 GENERAL SUPPORT 2 SCHEDULE I, PAGE 1, PART I, LINE 2 CARA REIMBURSES SDSM&T FOR SCHOLARSHIPS AND NON-SCHOLARSHIPS. FOR SCHOLARSHIP, SDSM&T PROVIDES A LIST SHOWING RECIPIENT, AWARD, AMOUNT, AND DEGREE PROGRAM. CARA REVIEWS TO DETERMINE AWARD CRITERIA IS MET. NON-SCHOLARSHIP EXPENDITURES ARE EITHER REIMBURSED TO SDSM&T UPON SUBMISSION OF A DETAILED INVOICE OR PAID DIRECTLY TO THIRD PARTY VENDORS UPON SUBMISSION OF AN INVOICE AND AUTHORIZATION BY SDSM&T. PAYMENTS TO THE HARDROCK CLUB ARE PROVIDED TO ASSIST THEM IN MEETING THEIR OPERATING BUDGET. THEY WILL PROVIDE A REPORT OF ACTIVITIES FOR THE FISCAL YEAR INCLUDING FINANCIAL DATA. X X X X X false false false true false false false false false PAUL KRUEGER CEO 178504 24189 8969 9197 220859 BRADLEY JOHNSON VP-PRES DEVELOPMENT 128873 10825 7352 15621 162671 SCHEDULE J, PAGE 1, PART I, LINE 5A CARA HAS ESTABLISHED A BONUS PLAN. IF PRIOR YEAR GOALS ARE MET, WHICH INCLUDE CONTRIBUTION REVENUE GOALS, THE CEO AND VP OF DEVELOPMENT MAY BE ELIGIBLE FOR A BONUS SUPPLEMENT. X 19 1771257 FAIR MARKET VALUE X STEEL 1 876601 FAIR MARKET VALUE X LAND 1 30000 FAIR MARKET VALUE X EQUIPMENT/SUPPL 3 9925 FAIR MARKET VALUE 1 false true false SCHEDULE M, PAGE 2, PART II SCH M, PART I, COL. B; METHOD USED IS NUMBER OF CONTRIBUTIONS. FORM 990, PAGE 6, PART VI, LINE 2 TYLER ARTZ STEPHEN O'ROURKE TRUSTEE TRUSTEE BUSINESS FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO OF CARA, THE TREASURER OF THE BOARD, AND THE CHAIRMAN OF THE BOARD PRIOR TO FILING. THE FORM 990 IS AVAILABLE TO THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C CARA SURVEYS ALL TRUSTEES EACH YEAR. ANY CONFLICTS WOULD BE COMMUNICATED TO THE BOARD OF DIRECTORS. IF A CONFLICT ARISES, THE TRUSTEE MAY BE ASKED TO ABSTAIN FROM VOTING OR EVEN RELINQUISH SERVING AS A CARA TRUSTEE. FORM 990, PAGE 6, PART VI, LINE 15A A COMPENSATION COMMITTEE MADE UP OF SOME OF OUR TRUSTEES MEETS ANNUALLY TO DISCUSS THE SALARY/BENEFIT PACKAGE FOR THE CEO. THE COMMITTEE LOOKS AT COMPARABLE DATA, PERFORMANCE, FINANCIAL CONDITION, AND PRESENTS A RECOMMENDATION FOR ANY CHANGE TO THE BOARD OF TRUSTEES FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15B SAME PROCESS AS CEO. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. GENERAL POLICY AND PROCEDURES ARE AVAILABLE ON OUR WEBSITE. CORRIDOR LLC 330 E KANSAS CITY STREET RAPID CITY SD 57702 851586741 INVESTING SD 135000 CARA TECH VENTURES INC 330 E KANSAS CITY STREET RAPID CITY SD 57701 383704015 MGMT. SD CARA C CORP 3 5000 false CHARIT REMAINDER TRUSTS (23) 330 E KANSAS CITY STREET RAPID CITY SD 57701 CRT SD N/A TRUST false false false false false false false false false false false false false false true false false false false false