Southern Valley Economic Development Aut
- Assets
- $108.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wahpeton, ND
- Founding
- Data as of
- 12/2021
- EIN
- 83-1186139
Organization Overview
Southern Valley Economic Development Aut is located in Wahpeton, ND.
For the year ending 12/2021, Southern Valley Economic Development Aut generated $191.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $146.5k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 3 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
-ESTABLISHED THE JOINT POWER AUTHORITY -CREATED A NETWORK ACROSS RICHLAND AND WILKIN COUNTY -HELD TRAINING EVENTS AND REGIONAL DISCUSSIONS AROUND ENTREPRENEURSHIP AND BUSINESS DEVELOPMENT -WORKED WITH OUTSIDE BUSINESSES TO COME TO THE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Neppl Executive Dir. | 40 | $71,000 | |
Robert Wurl Director | 1 | $0 | |
Nathan Berseth Chairman | 1 | $0 | |
Rory Mccann Director | 1 | $0 | |
Brad Pauly Director | 1 | $0 | |
Corey Kratcha Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $191,907 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $97,662 |
| Professional fees and other payments to independent contractors | $4,800 |
| Occupancy, rent, utilities, and maintenance | $12,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,001 |
| Total expenses | $146,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,183 |
| Other assets | $0 |
| Total assets | $108,183 |
| Total liabilities | $2,359 |
| Net assets or fund balances | $105,824 |
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