Plankinton Community Development Company Inc
- Assets
- $129.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plankinton, SD
- Founding
- 01/1976
- Data as of
- 12/2022
- EIN
- 46-0322556
Organization Overview
Plankinton Community Development Company Inc is located in Plankinton, SD. The organization was established in 1976. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plankinton Community Development Company Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Plankinton Community Development Company Inc generated $5.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $19.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3
URBAN RENEWAL GRANT: THE PLANKINTON DEVELOPMENT CORPORATION, IN AN EFFORT TO CLEAN UP OVERGROWN AND VACANT LOTS AND UNINHABITABLE DWELLINGS WITHIN CITY LIMITS, HAS OFFERED A GRANT OF UP TO $2,500.00 TO INDIVIDUALS TO CLEAN UP SAID PROPERTIES.
BUSINESS PROMOTION: THE PLANKINTON DEVELOPMENT CORPORATION, IN AN EFFORT TO MAINTAIN BUSINESSES IN MAIN STREET BUILDINGS, BUYS MAIN STREET BUILDINGS FOR THE PURPOSE OF SEEKING NEW BUSINESS FOR SAID BUILDINGS
HOUSING DEVELOPMENT: THE PLANKINTON DEVELOPMENT CORPORATION CONTINUES TO PROMOTE LAND FOR HOUSING DEVELOPMENT. THESE GRANTS ENCOURAGE RESIDENTS TO BUILD NEW HOMES AND IMPROVE THE COMMUNITY.
NEW BUSINESS GRANT: THE PLANKINTON DEVELOPMENT CORPORATION CONTINUES TO PROVIDE INCENTIVE GRANTS TO ENCOURAGE NEW BUSINESS/ECONOMIC DEVELOPMENT IN THE CITY OF PLANKINTON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Erpenbach Vice President | 0 | $0 | |
Ronald Kristensen President | 0 | $0 | |
Clint Bultsma Treasurer | 0 | $0 | |
Steven Bucher Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $230 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,230 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,062 |
| Occupancy, rent, utilities, and maintenance | $700 |
| Printing, publications, postage, and shipping | $78 |
| Other expenses | $1,864 |
| Total expenses | $19,454 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,899 |
| Other assets | $0 |
| Total assets | $129,370 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,370 |