Nonprofit · EIN 46-0368509
STURGIS INDUSTRIAL EXPANSION CORPORATION
Tax-exempt · STURGIS, SD 57785
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $265,775 | $268,601 | -$2,826 | $5,413,764 | $2,293,173 | $3,120,591 |
| December 31, 2023 | 990 | $405,495 | $388,902 | $16,593 | $4,935,008 | $1,837,146 | $3,097,862 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $225,890
- of which government grants
- $187,500
- Membership dues
- $35,000
- Program service revenue
- $7,500
- Investment income
- $40,933
- Net rental income
- -$9,581
- Other revenue
- -$8,548
Expenses
- Grants and similar amounts paid
- $5,000
- Compensation of officers, directors and key employees
- $175,678
- Salaries, compensation and benefits (total)
- $184,394
- Professional fundraising fees
- $0
- Legal fees
- $2,443
- Accounting fees
- $6,813
- Occupancy
- $17,674
Balance sheet and other
- Total assets, start of year
- $4,935,008
- Total assets, end of year
- $5,413,764
- Total liabilities, end of year
- $2,293,173
- Net assets, end of year
- $3,120,591
- Land, buildings and equipment
- $3,448,853
- Net assets without donor restrictions
- $2,743,642
- Net assets with donor restrictions
- $376,949
- Gross receipts
- $478,608
- Employees
- 0
- Year formed
- 1973
- 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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| AMANDA ANGLIN | EXECUTIVE DIRECTOR | 0 | $0 | $118,733 |
| BRENNA BLOCK | COORDINATOR | 0 | $0 | $65,661 |
| PAUL BISSON | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| JD WILLIAMS | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| MARK SCHMIDT | Director Trustee or director | 1 | $0 | $0 |
| RYAN ALDREN | Director Trustee or director | 1 | $0 | $0 |
| CHRIS BERGMAN | Director Trustee or director | 1 | $0 | $0 |
| BRITTON BLAIR | Director Trustee or director | 1 | $0 | $0 |
| TESSA GUNDERSON | Director Trustee or director | 1 | $0 | $0 |
| ROD BRADLEY | Director Trustee or director | 1 | $0 | $0 |
| JESSE BLAKEMAN | Director Trustee or director | 1 | $0 | $0 |
| RICK BUSH | Director Trustee or director | 1 | $0 | $0 |
| GARY DEERING | Director Trustee or director | 1 | $0 | $0 |
| KEN MEIROSE | Treasurer Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| AMANDA ANGLIN | EXECUTIVE DIRECTOR | 0 | $0 | $108,543 |
| PAUL BISSON | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| JD WILLIAMS | VICE CHAIRMAN Trustee or director | 1 | $0 | $0 |
| MARK SCHMIDT | Director Trustee or director | 1 | $0 | $0 |
| RYAN ALDREN | Director Trustee or director | 1 | $0 | $0 |
| CHRIS BERGMAN | Director Trustee or director | 1 | $0 | $0 |
| BRITTON BLAIR | Director Trustee or director | 1 | $0 | $0 |
| TESSA GUNDERSON | Director Trustee or director | 1 | $0 | $0 |
| ROD BRADLEY | Director Trustee or director | 1 | $0 | $0 |
| JESSE BLAKEMAN | Director Trustee or director | 1 | $0 | $0 |
| RICK BUSH | Director Trustee or director | 1 | $0 | $0 |
| GARY DEERING | Director Trustee or director | 1 | $0 | $0 |
| KEN MEIROSE | Treasurer Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 218, STURGIS, SD 57785-0218
- Principal officer (990 for 2024)
- KEN MEIROSE, PO BOX 218, STURGIS, SD 57785
- Signed the 990
- KEN MEIROSE, Treasurer
- Phone
- (605) 347-4906
- Website
- WWW.STURGISDEVELOPMENT.COM
- Return prepared by
- Accurant LLC
Mission
Pursue economic development by assisting new or expanding business andindustry in Sturgis and the Greater Meade County Area, and to coordinatethose efforts with community entities.
Program accomplishments
- SEDC WORKS WITH NEW AND EXISTING BUSINESSES IN AND AROUND STURGIS SD AND MEADE COUNTY, PROMOTING ECONOMIC DEVELOPMENT AND EXPANSION. SEDC ALSO WORKS WITH LOCAL GOVERNMENT TO PROMOTE ECONOMIC DEVELOPMENT.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0368509
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,413,764
- Income (IRS master file)
- $478,608
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $265,775 | $268,601 | $5,413,764 | XML |
| 990 | December 2023 | $405,495 | $388,902 | $4,935,008 | XML |
| 990 | December 2022 | $340,998 | $334,302 | $4,834,650 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 46-0368509).
Questions about STURGIS INDUSTRIAL EXPANSION CORPORATION
- What is the EIN of STURGIS INDUSTRIAL EXPANSION CORPORATION?
- The employer identification number (EIN) of STURGIS INDUSTRIAL EXPANSION CORPORATION is 46-0368509.
- Is STURGIS INDUSTRIAL EXPANSION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1994.
- Are donations to STURGIS INDUSTRIAL EXPANSION CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does STURGIS INDUSTRIAL EXPANSION CORPORATION 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 STURGIS INDUSTRIAL EXPANSION CORPORATION 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 STURGIS INDUSTRIAL EXPANSION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of STURGIS INDUSTRIAL EXPANSION CORPORATION?
- The 990 for the year ended December 31, 2024 names KEN MEIROSE.
- Who are the officers and directors of STURGIS INDUSTRIAL EXPANSION CORPORATION?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does STURGIS INDUSTRIAL EXPANSION CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $265,775, expenses of $268,601 and total assets of $5,413,764 at year end.
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