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Nonprofit · EIN 82-1020421

VISIT RAPID CITY

Tax-exempt · RAPID CITY, SD 57701

Financials

$3.5M$3.1M2023$3.5M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of VISIT RAPID CITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,507,428$3,478,813$28,615$3,588,231$151,948$3,436,283
December 31, 2023990$3,460,580$3,140,820$319,760$3,490,186$108,984$3,381,202
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$250,646
of which government grants
$250,000
Program service revenue
$3,189,954
Investment income
$63,050
Net gain from sales of assets
-$8,517
Net income from sales of inventory
$3,778
Other revenue
$3,778

Expenses

Grants and similar amounts paid
$533,925
Compensation of officers, directors and key employees
$232,178
Other salaries and wages
$543,992
Salaries, compensation and benefits (total)
$998,374
Professional fundraising fees
$0
Legal fees
$26,928
Accounting fees
$69,933
Occupancy
$87,093
Travel
$61,115
Depreciation
$44,781

Balance sheet and other

Total assets, start of year
$3,490,186
Total assets, end of year
$3,588,231
Total liabilities, end of year
$151,948
Net assets, end of year
$3,436,283
Land, buildings and equipment
$482,348
Publicly traded securities
$1,576,549
Net assets without donor restrictions
$3,436,283
Gross receipts
$3,521,606
Employees
60
Volunteers
0
Year formed
2017
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 / weekCompensationOther / benefits
BROOK KAUFMANPRESIDENT
Officer
40$226,565$5,613
KELLY BUNTROCKCHAIR
Trustee or director, Officer
1$0$0
TIM JOHNSONVICE CHAIR
Trustee or director, Officer
1$0$0
SCOTT LANDGUTHSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
CHRIS JOHNSONDIRECTOR
Trustee or director
1$0$0
JESSE SCHEITLERDIRECTOR
Trustee or director
1$0$0
KATELYN COOKDIRECTOR
Trustee or director
1$0$0
MIKE DERBYDIRECTOR
Trustee or director
1$0$0
STACIE HULLVOTING LIAISON
Trustee or director
1$0$0
LOGAN STEFFENSVOTING LIAISON
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
BROOK KAUFMANPRESIDENT
Officer
40$169,497$5,296
STACIE GRANUMCHIEF STRATEGY OFFICER
Highest-paid employee
40$107,618$17,886
CHRIS JOHNSONDIRECTOR
Trustee or director
1$0$0
KATELYN COOKDIRECTOR
Trustee or director
1$0$0
PATRICK DAMESECRETARY
Trustee or director, Officer
1$0$0
STEPHANIE DOWLINGDIRECTOR
Trustee or director
1$0$0
JESSE SCHEITLERDIRECTOR
Trustee or director
1$0$0
MICHELLE PAWELSKIDIRECTOR
Trustee or director
1$0$0
KELLY BUNTROCKCHAIR
Trustee or director, Officer
1$0$0
ROBIN ZEBROSKIVICE CHAIR
Trustee or director, Officer
1$0$0
SCOTT LANDGUTHDIRECTOR
Trustee or director
1$0$0
TIM JOHNSONDIRECTOR
Trustee or director
1$0$0
MIKE DERBYDIRECTOR
Trustee or director
1$0$0
LYNZIE MONTAGUEVOTING LIAISON
Trustee or director
1$0$0
WADE LAMPERTVOTING LIAISON
Trustee or director
1$0$0
STACIE HULLDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
512 MAIN ST STE 240, RAPID CITY, SD 57701-2739
In care of
% JULIE SCHMITZ JENSON
Principal officer (990 for 2024)
ALLY FORMANEK, 512 MAIN ST STE 240, RAPID CITY, SD 577015020
Signed the 990
ALLY FORMANEK, PRESIDENT
Phone
(605) 718-8492
Return prepared by
CASEY PETERSON LTD

Mission

THE ORGANIZATION WILL MARKET RAPID CITY AND THE BLACK HILLS AREA AND WILL ACT AS THE CATALYST BETWEEN MEETING PLANNERS, GROUP TOUR PLANNERS, TRAVEL AGENTS, TRAVEL WRITERS AND LEISURE VISITORS TO PROMOTE AREA ACCOMODATIONS, ATTRACTIONS, RESTAURANTS AND SERVICES. THE PURPOSE OF THESE ACTIVITIES IS TO PROMOTE RAPID CITY AS A PLACE WHERE PEOPLE WANT TO VISIT AND AFTER THE VISIT, A PLACE WHERE PEOPLE WANT TO LIVE AND WORK.

990 for the year ended December 31, 2024

Program accomplishments

  • FACILITATES MARKETING EFFORTS FOR RAPID CITY & THE BLACK HILLS ACROSS STATE, REGION, NATIONAL, & WORLD MARKETS BY PROVIDING FREE INFORMATION TO VISITORS AND POTENTIAL VISITORS ON THE AREA'S LODGING, DINING, EVENTS, NATIONAL AND STATE PARKS, AND MONUMENTS AND MEMORIALS, AND BY PROVIDING FREE SERVICING SUPPORT AND SPONSORSHIP FUNDING FOR MEETINGS, CONVENTIONS, SPORTS, GROUP TOURS & OTHER EVENTS BRINGING VISITORS TO THE AREA.

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
82-1020421
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,588,231
Income (IRS master file)
$3,521,606

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,507,428$3,478,813$3,588,231XML
990December 2023$3,460,580$3,140,820$3,490,186XML
990December 2022$3,030,912$3,569,252$3,252,507IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 82-1020421).

Questions about VISIT RAPID CITY

What is the EIN of VISIT RAPID CITY?
The employer identification number (EIN) of VISIT RAPID CITY is 82-1020421.
Is VISIT RAPID CITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2017.
Are donations to VISIT RAPID CITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VISIT RAPID CITY 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 VISIT RAPID CITY 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 VISIT RAPID CITY 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 VISIT RAPID CITY?
The 990 for the year ended December 31, 2024 names ALLY FORMANEK.
Who are the officers and directors of VISIT RAPID CITY?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $226,565 (BROOK KAUFMAN, PRESIDENT).
How much revenue does VISIT RAPID CITY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,507,428, expenses of $3,478,813 and total assets of $3,588,231 at year end.

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