Akaska Development Corporation
- Assets
- $333.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Akaska, SD
- Founding
- Data as of
- 12/2022
- EIN
- 51-0570277
Organization Overview
Akaska Development Corporation is located in Akaska, SD.
For the year ending 12/2022, Akaska Development Corporation generated $22.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $25.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 6 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 Program Activity:
Part 3
PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS OPPORTUNITIES IN THE AKASKA, SD AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cody Ritter President | 0 | $0 | |
Pat Starks Vice Preside | 0 | $0 | |
Michael Vander Vorst Treasurer | 0 | $0 | |
Darci Ritter Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,861 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,018 |
| Other Revenue | $6,620 |
| Total Revenue | $22,519 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $15,055 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,217 |
| Total expenses | $25,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,267 |
| Other assets | $0 |
| Total assets | $333,798 |
| Total liabilities | $0 |
| Net assets or fund balances | $333,798 |