Nonprofit · EIN 46-0434804
SALT OF THE EARTH
Tax-exempt · SIOUX FALLS, SD 57108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $291,779 | $472,110 | -$180,331 | $4,578,427 | $50,000 | $4,528,427 |
| September 30, 2024 | 990-PF | $1,486,051 | $404,697 | $1,081,354 | $4,758,758 | $50,000 | $4,708,758 |
| September 30, 2023 | 990-PF | $529,205 | $389,984 | $139,221 | $3,627,404 | $0 | $3,627,404 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $126,560
- Net gain from sales of assets
- $165,219
Expenses
- Grants and similar amounts paid
- $420,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $420,000
- Excise tax on investment income
- $3,809
Balance sheet and other
- Total assets, start of year
- $4,758,758
- Total assets, end of year
- $4,578,427
- Total liabilities, end of year
- $50,000
- Net assets, end of year
- $4,528,427
- Fair market value of assets
- $8,366,139
- Qualifying distributions
- $420,000
- Net investment income
- $291,779
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-PF for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORRIE SCHWAN-OKERLUND 48035 RIVERSIDE PLACE, SIOUX FALLS, SD 57108 | PRES/DIRECTOR | 2 | $0 |
| MOLLY OKERLUND 6806 S LYNCREST AVENUE, SIOUX FALLS, SD 57108 | VP/DIRECTOR | 1 | $0 |
| ELIZABETH REZEK 509 E SANDPIPER TRAIL, SIOUX FALLS, SD 57108 | SEC/DIRECTOR | 1 | $0 |
| MEGAN OKERLUND 48035 RIVERSIDE PLACE, SIOUX FALLS, SD 57108 | TREAS/DIRECTOR | 1 | $0 |
990-PF for the year ended September 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORRIE SCHWAN-OKERLUND 48035 RIVERSIDE PLACE, SIOUX FALLS, SD 57108 | PRES/DIRECTOR | 2 | $0 |
| MOLLY OKERLUND 6806 S LYNCREST AVENUE, SIOUX FALLS, SD 57108 | VP/DIRECTOR | 1 | $0 |
| ELIZABETH REZEK 509 E SANDPIPER TRAIL, SIOUX FALLS, SD 57108 | SEC/DIRECTOR | 1 | $0 |
| MEGAN OKERLUND 48035 RIVERSIDE PLACE, SIOUX FALLS, SD 57108 | TREAS/DIRECTOR | 1 | $0 |
990-PF for the year ended September 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORRIE SCHWAN-OKERLUND 48035 RIVERSIDE PLACE, SIOUX FALLS, SD 57108 | PRESIDENT/DI | 2 | $0 |
| MOLLY OKERLUND 6806 S LYNCREST AVENUE, SIOUX FALLS, SD 57108 | VICE PRES/DI | 1 | $0 |
| ELIZABETH REZEK 509 E SANDPIPER TRL, SIOUX FALLS, SD 57108 | SECRETARY/DI | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 48035 RIVERSIDE PL, SIOUX FALLS, SD 57108-8209
- Signed the 990-PF
- LORRIE SCHWAN-OKERLUND, PRESIDENT/DIRECTOR
- Phone
- (605) 366-1998
- Return prepared by
- EIDE BAILLY LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 46-0434804
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1995
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A33Z)
- Assets (IRS master file)
- $4,578,427
- Income (IRS master file)
- $1,206,053
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $291,779 | $472,110 | $4,578,427 | XML |
| 990-PF | September 2024 | $1,486,051 | $404,697 | $4,758,758 | XML |
| 990-PF | September 2023 | $529,205 | $389,984 | $3,627,404 | XML |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
| 990-PF | September 2020 | – | – | – | 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 46-0434804).
Questions about SALT OF THE EARTH
- What is the EIN of SALT OF THE EARTH?
- The employer identification number (EIN) of SALT OF THE EARTH is 46-0434804.
- Is SALT OF THE EARTH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to SALT OF THE EARTH tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does SALT OF THE EARTH file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SALT OF THE EARTH due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SALT OF THE EARTH last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of SALT OF THE EARTH?
- The 990-PF for the year ended September 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does SALT OF THE EARTH have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $291,779, expenses of $472,110 and total assets of $4,578,427 at year end.
Other nonprofits in SIOUX FALLS
- WASHINGTON PAVILION MANAGEMENT INC EIN 46-0435791 · last filed 990 for 2025
- FRIENDS OF SOUTH DAKOTA PUBLIC BROADCASTING EIN 23-7310698 · last filed 990 for 2025
- SOUTH DAKOTA SYMPHONY ORCHESTRA EIN 46-6017026 · last filed 990 for 2025
- SIOUX FALLS STATE THEATRE COMPANY EIN 20-3473359 · last filed 990 for 2025
- ARTS SOUTH DAKOTA EIN 47-4923322 · last filed 990 for 2025
- SIOUX EMPIRE COMMUNITY THEATRE INC EIN 80-0074622 · last filed 990 for 2025
- SCULPTUREWALK INC EIN 20-8535871 · last filed 990 for 2024
- THE MUSEUM OF VISUAL MATERIALS EIN 20-3626930 · last filed 990-PF for 2025
All nonprofits in SIOUX FALLS · South Dakota · Arts, culture and humanities