Nonprofit · EIN 83-1205358
CAEDC FOUNDATION
Tax-exempt · CUSTER, SD 57730
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $63,290 | $80,127 | -$16,837 | $12,656 | – | $12,656 |
| December 31, 2023 | 990-EZ | $28,304 | $28,756 | -$452 | $29,493 | – | $29,493 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $62,900
- Program service revenue
- $390
Expenses
- Grants and similar amounts paid
- $67,109
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,513
- Other expenses
- $11,505
- Program services (functional)
- $78,614
Balance sheet and other
- Total assets, start of year
- $29,493
- Total assets, end of year
- $12,656
- Total liabilities, end of year
- –
- Net assets, end of year
- $12,656
- Cash, savings and investments
- $12,656
- Gross receipts
- $63,290
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TANYA OLSON | PRESIDENT | 6 | $0 |
| MONNI KARIM | SECRETARY | 3 | $0 |
| PHIL ABERNATHY | TREASURER | 3 | $0 |
| JARED SLAGLE | BOARD MEMBER | 1 | $0 |
| ALEAH WITT | BOARD MEMBER | 2 | $0 |
| KARI BOLEN | BOARD MEMBER | 2 | $0 |
| COLLEEN HENNESSY | BOARD MEMBER | 10 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TANYA OLSON | PRESIDENT | 6 | $0 |
| MONNI KARIM | SECRETARY | 3 | $0 |
| PHIL ABERNATHY | TREASURER | 3 | $0 |
| JEFF PRIOR | BOARD MEMBER | 2 | $0 |
| BRAD KRUSH | BOARD MEMBER | 1 | $0 |
| KELLY MILLER | BOARD MEMBER | 1 | $0 |
| COLLEEN HENNESSY | BOARD MEMBER | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15, CUSTER, SD 57730-0015
- Signed the 990-EZ
- PHIL ABERNATHY, TREASURER
- Phone
- (605) 673-5800
- Website
- WWW.CUSTERDEVELOPMENT.COM
- Return prepared by
- KETEL THORSTENSON LLP
Mission
CUSTER AREA ECONOMIC DEVELOPMENT FOUNDATION ACCEPTS DONATIONS TO DRIVE AND SUPPORT COMMUNITY AND ECONOMIC GROWTH AND DEVELOPMENT. THE CUSTER AREA ECONOMIC DEVELOPMENT FOUNDATION SHARES A COMMON BOARD OF DIRECTORS WITH 501C6 ORGANIZATION CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION, AND THE FOUNDATION FINANCIALLY SUPPORTS THE INITIATIVES OF THE CORPORATION.
Program accomplishments
- THROUGH SUPPORT OF THE FOUNDATION, CUSTER AREA ECONOMIC DEVELOPMENT CORPORATION HAS FORMED ASSOCIATIONS WITH OTHER REGIONAL AND STATE ECONOMIC DEVELOPMENT ORGANIZATIONS, ASSISTING WITH ACCESS TO FUNDS, LEADERSHIP AND ENTREPRENEURIAL TRAINING. REPRESENTATIVES WORK TO OPEN OPPORTUNITIES TO GROW EXISTING BUSINESSES, TO ATTRACT AND ASSIST NEW BUSINESS VENTURES AND START-UPS.Expenses $78,614 · grants $67,109
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-1205358
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $12,656
- Income (IRS master file)
- $63,290
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $63,290 | $80,127 | $12,656 | IRS |
| 990-EZ | December 2023 | $28,304 | $28,756 | $29,493 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CAEDC FOUNDATION
- What is the EIN of CAEDC FOUNDATION?
- The employer identification number (EIN) of CAEDC FOUNDATION is 83-1205358.
- Is CAEDC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to CAEDC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CAEDC FOUNDATION 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 CAEDC FOUNDATION 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 CAEDC FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of CAEDC FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does CAEDC FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $63,290, expenses of $80,127 and total assets of $12,656 at year end.
Other nonprofits in CUSTER
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- BLACK HILLS ELECTRIC COOPERATIVE INC EIN 46-0111503 · last filed 990 for 2025
- CUSTER AMBULANCE SERVICE INC EIN 46-0348594 · last filed 990 for 2024
- CUSTER CITY FIRE DEPARTMENT EIN 46-0273350 · last filed 990 for 2025
- CUSTER AREA CHAMBER OF COMMERCE AND VISITORS BUREAU EIN 46-0213825 · last filed 990 for 2024
- WOMEN ESCAPING A VIOLENT ENVIRONMENT WEAVE EIN 46-0409941 · last filed 990 for 2025
- ESTHERS RISING EIN 86-1229113 · last filed 990 for 2025
- GROWING ROOTS INC EIN 88-4143262 · last filed 990 for 2025
All nonprofits in CUSTER · South Dakota · Community improvement and capacity building