Nonprofit · EIN 46-0457322
WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT
Tax-exempt · STURGIS, SD 57785
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,721,424 | $1,691,342 | $3,030,082 | $17,713,506 | $9,563,003 | $8,150,503 |
| June 30, 2024 | 990 | $1,791,804 | $930,370 | $861,434 | $14,994,827 | $9,826,671 | $5,168,156 |
| June 30, 2023 | 990 | $1,108,456 | $922,205 | $186,251 | $14,321,627 | $9,844,606 | $4,477,021 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,395,165
- of which government grants
- $3,395,165
- Program service revenue
- $1,232,378
- Investment income
- $93,825
- Other revenue
- $56
Expenses
- Grants and similar amounts paid
- $20,500
- Compensation of officers, directors and key employees
- $71,600
- Other salaries and wages
- $99,390
- Salaries, compensation and benefits (total)
- $182,952
- Professional fundraising fees
- $0
- Legal fees
- $727
- Accounting fees
- $59,070
- Travel
- $5,765
Balance sheet and other
- Total assets, start of year
- $14,994,827
- Total assets, end of year
- $17,713,506
- Total liabilities, end of year
- $9,563,003
- Net assets, end of year
- $8,150,503
- Publicly traded securities
- $696,899
- Net assets without donor restrictions
- $3,398,473
- Net assets with donor restrictions
- $4,752,030
- Gross receipts
- $4,721,424
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2000
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| RONALD ROSENBOOM | EXECUTIVE DIRECTOR Officer | 20 | $50,600 | $50,009 |
| DONALD ANDERSEN | PRESIDENT Trustee or director, Officer | 2 | $4,000 | $4,000 |
| TIM CRAWFORD | VICE PRESIDENT Trustee or director, Officer | 2 | $4,000 | $4,000 |
| SHIRLEY HALVERSON | TREASURER Trustee or director, Officer | 2 | $4,000 | $4,000 |
| WILLIAM TERMES | SECRETARY Trustee or director, Officer | 2 | $4,000 | $4,000 |
| JAMES DOOLITTLE | DIRECTOR Trustee or director | 2 | $4,000 | $4,000 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| RONALD ROSENBOOM | EXECUTIVE DIRECTOR Officer | 20 | $44,600 | $44,178 |
| DONALD ANDERSEN | PRESIDENT Trustee or director, Officer | 2 | $4,000 | $4,000 |
| TIM CRAWFORD | VICE PRESIDENT Trustee or director, Officer | 2 | $4,000 | $4,000 |
| SHIRLEY HALVERSON | TREASURER Trustee or director, Officer | 2 | $4,000 | $4,000 |
| WILLIAM TERMES | SECRETARY Trustee or director, Officer | 2 | $4,000 | $4,000 |
| JAMES DOOLITTLE | DIRECTOR Trustee or director | 2 | $4,000 | $4,000 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| RONALD ROSENBOOM | EXECUTIVE DIRECTOR Officer | 20 | $49,600 | $50,990 |
| DONALD ANDERSEN | PRESIDENT Trustee or director, Officer | 2 | $4,000 | $4,000 |
| TIM CRAWFORD | VICE PRESIDENT Trustee or director, Officer | 2 | $4,000 | $4,000 |
| JAMES DOOLITTLE | DIRECTOR Trustee or director | 2 | $4,000 | $4,000 |
| SHIRLEY HALVERSON | TREASURER Trustee or director, Officer | 2 | $4,000 | $4,000 |
| WILLIAM TERMES | SECRETARY Trustee or director, Officer | 2 | $4,000 | $4,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 605, STURGIS, SD 57785-0605
- In care of
- % RANDALL K MORRIS
- Principal officer (990 for 2024)
- RONALD ROSENBOOM, PO BOX 605, STURGIS, SD 57785
- Signed the 990
- RONALD ROSENBOOM, EXECUTIVE DIRECTOR
- Phone
- (605) 347-4467
- Website
- HTTPS://WRBSC.COM/
- Return prepared by
- CASEY PETERSON LTD
Mission
TO RECRUIT BUSINESSES FROM OTHER STATES AND TO EXPAND IN-STATE BUSINESS INCLUDING ADMINISTERING AN ECONOMIC DEVELOPMENT AND RELENDING PROGRAM.
Program accomplishments
- TO ADMINISTER AN ECONOMIC DEVELOPMENT AND RELENDING PROGRAM.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-0457322
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $17,713,506
- Income (IRS master file)
- $4,721,424
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,721,424 | $1,691,342 | $17,713,506 | XML |
| 990 | June 2024 | $1,791,804 | $930,370 | $14,994,827 | XML |
| 990 | June 2023 | $1,108,456 | $922,205 | $14,321,627 | XML |
| 990 | June 2022 | $1,281,942 | $887,576 | $14,301,798 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 46-0457322).
Questions about WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT
- What is the EIN of WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT?
- The employer identification number (EIN) of WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT is 46-0457322.
- Is WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2000.
- Are donations to WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT 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 WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT?
- The 990 for the year ended June 30, 2025 names RONALD ROSENBOOM.
- Who are the officers and directors of WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT?
- The 990 for the year ended June 30, 2025 lists 6 people; 6 received compensation from the organization, the highest $50,600 (RONALD ROSENBOOM, EXECUTIVE DIRECTOR).
- How much revenue does WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,721,424, expenses of $1,691,342 and total assets of $17,713,506 at year end.
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All nonprofits in STURGIS · South Dakota · Community improvement and capacity building