Hot Springs Ministerial Association
- Assets
- $284.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hot Springs, SD
- Founding
- 07/2004
- Data as of
- 12/2023
- EIN
- 46-0428867
Organization Overview
Hot Springs Ministerial Association is located in Hot Springs, SD. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hot Springs Ministerial Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hot Springs Ministerial Association generated $120.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $137.6k during the year ending 12/2023. While expenses have increased by 24.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Cook President | 5 | $0 | |
Jaime Helen Joe Bohlman Secretary | 2 | $0 | |
Dirk Jasperse Vice President | 2 | $0 | |
Kay Birkholt Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,937 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $22,458 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $243 |
| Other Revenue | $8,092 |
| Total Revenue | $120,730 |
| 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 | $213 |
| Occupancy, rent, utilities, and maintenance | $27,996 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,777 |
| Total expenses | $137,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,622 |
| Other assets | $0 |
| Total assets | $284,805 |
| Total liabilities | $221,963 |
| Net assets or fund balances | $62,842 |