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Nonprofit · EIN 43-1966375

FIRST BAPTIST CHURCH FOUNDATION

Tax-exempt · SIOUX FALLS, SD 57105

Financials

$79K$44K2023$349K$25K2024
Revenue Expenses · by fiscal year end
Financials of FIRST BAPTIST CHURCH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$349,182$24,933$324,249$2,333,538$0$2,333,538
December 31, 2023990$78,757$44,360$34,397$1,963,215$1$1,963,214
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$202,892
Program service revenue
$0
Investment income
$146,290
Net gain from sales of assets
$83,208
Other revenue
$0

Expenses

Grants and similar amounts paid
$14,142
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$24,933

Balance sheet and other

Total assets, start of year
$1,963,215
Total assets, end of year
$2,333,538
Total liabilities, end of year
$0
Net assets, end of year
$2,333,538
Publicly traded securities
$2,331,843
Net assets without donor restrictions
$2,333,538
Gross receipts
$349,182
Employees
0
Volunteers
4
Year formed
2002
State of legal domicile
SD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Lee ElhersDirector
Trustee or director
1$0
Larry SnuttjerDirector
Trustee or director
1$0
Richard ViehwegDirector
Trustee or director
1$0
MJ KlokkengaDirector
Trustee or director
1$0
Kim TylerDirector
Trustee or director
1$0
Lyle TerveenTreasurer
Officer
1$0
Mark SwensenPresident
Officer
1$0
Carol JohnsonVice President
Officer
1$0
Richard KlockSecretary
Officer
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Lyle TerveenTreasurer
Trustee or director
1$0
Mark SwensenPresident
Trustee or director
1$0
Lee ElhersDirector
Trustee or director
1$0
Carol JohnsonVice President
Trustee or director
1$0
Larry SnuttjerDirector
Trustee or director
1$0
Richard KlockSecretary
Trustee or director
1$0
Richard ViehwegPresident
Trustee or director
1$0
MJ KlokkengaDirector
Trustee or director
1$0
Kim TylerDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
309 W 43RD ST STE 103, SIOUX FALLS, SD 57105-6805
In care of
% FIRST BAPTIST CHURCH OF SIOUX FAL
Signed the 990
Lyle Terveen, Treasurer
Phone
(605) 941-5029
Return prepared by
Nelson & Nelson CPAs LLP

Mission

To handle designated and undesignated donations to First Baptist Church that are to build cash reserves for short term and long term project

990 for the year ended December 31, 2024

Program accomplishments

  • To handle designated and undesignated donations to First Baptist Church that are to build cash reserves for short term and long term projects of the church.
    Expenses $24,933

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-1966375
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,333,538
Income (IRS master file)
$349,182

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$349,182$24,933$2,333,538XML
990December 2023$78,757$44,360$1,963,215XML
990December 2022$176,410$157,719$1,744,340IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-1966375).

Questions about FIRST BAPTIST CHURCH FOUNDATION

What is the EIN of FIRST BAPTIST CHURCH FOUNDATION?
The employer identification number (EIN) of FIRST BAPTIST CHURCH FOUNDATION is 43-1966375.
Is FIRST BAPTIST CHURCH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to FIRST BAPTIST CHURCH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FIRST BAPTIST CHURCH FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FIRST BAPTIST CHURCH FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FIRST BAPTIST CHURCH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of FIRST BAPTIST CHURCH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does FIRST BAPTIST CHURCH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $349,182, expenses of $24,933 and total assets of $2,333,538 at year end.

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