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Nonprofit · EIN 51-0196412

CLARK INDUSTRIAL DEVELOPMENT CORPORATION

Tax-exempt · CLARK, SD 57225

Financials

$126K$137K2023$147K$79K2024
Revenue Expenses · by fiscal year end
Financials of CLARK INDUSTRIAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$147,491$79,229$68,262$1,956,991$411,279$1,545,712
December 31, 2023990$125,802$137,217-$11,415$1,963,938$521,004$1,442,934
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$128,275
Investment income
$16,124
Other revenue
$3,092

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,980
Depreciation
$47,085
Program services (functional)
$74,899
Management and general (functional)
$4,330

Balance sheet and other

Total assets, start of year
$1,998,454
Total assets, end of year
$1,956,991
Total liabilities, end of year
$411,279
Net assets, end of year
$1,545,712
Land, buildings and equipment
$1,255,668
Net assets without donor restrictions
$1,545,712
Gross receipts
$147,491
Employees
0
Volunteers
7
Year formed
1976
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
KYLE GAIKOWSKISECRETARY/TR
Trustee or director, Officer
–$0
DAVID WARKENTHIENDIRECTOR
Trustee or director
–$0
RYAN CLAUSSENPRESIDENT
Trustee or director, Officer
–$0
ANDY WOOKEYDIRECTOR
Trustee or director
–$0
BRENT FORESTVICE PRESIDE
Trustee or director, Officer
–$0
BOB BJERKEDIRECTOR
Trustee or director
–$0
CHASE DEJONGDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KYLE GAIKOWSKIPRESIDENT
Trustee or director, Officer
0$0
DAVID WARKENTHIENVICE PRESIDE
Trustee or director, Officer
0$0
RYAN CLAUSSENSECRETARY/TR
Trustee or director, Officer
0$0
TODD WARKENTHIENDIRECTOR
Trustee or director
0$0
ANDY WOOKEYDIRECTOR
Trustee or director
0$0
BRENT FORESTDIRECTOR
Trustee or director
0$0
BOB BJERKEDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
120 N COMMERCIAL ST, CLARK, SD 57225-1524
Principal officer (990 for 2024)
KYLE GAIKOWSKI, 2317 424TH AVE NW, CLARK, SD 57225
Signed the 990
KYLE GAIKOWSKI, SECRETARY/TREASURER
Phone
(605) 532-3965
Return prepared by
WILLIAM NEALE & CO PC

Mission

COMMUNITY DEVELOPMENT

990 for the year ended December 31, 2024

Program accomplishments

  • BUILD, DEVELOP AND MAINTAIN PROPERTY AND BUILDINGS FOR BUSINESSES TO COME INTO THE COMMUNITY CREATING JOBS AND REVENUE FOR THE COMMUNITY.
    Expenses $74,899 · revenue $128,275

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
51-0196412
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,956,991
Income (IRS master file)
$147,491

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$147,491$79,229$1,956,991IRS
990December 2023$125,802$137,217$1,963,938XML
990December 2022$159,207$144,304$2,211,570IRS
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 51-0196412).

Questions about CLARK INDUSTRIAL DEVELOPMENT CORPORATION

What is the EIN of CLARK INDUSTRIAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of CLARK INDUSTRIAL DEVELOPMENT CORPORATION is 51-0196412.
Is CLARK INDUSTRIAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1976.
Are donations to CLARK INDUSTRIAL DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CLARK INDUSTRIAL DEVELOPMENT 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 CLARK INDUSTRIAL DEVELOPMENT 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 CLARK INDUSTRIAL DEVELOPMENT 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 CLARK INDUSTRIAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names KYLE GAIKOWSKI.
Who are the officers and directors of CLARK INDUSTRIAL DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does CLARK INDUSTRIAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $147,491, expenses of $79,229 and total assets of $1,956,991 at year end.

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