2024-10-31T09:59:40-07:00 2023-12-31 464474289 Accurant LLC 10700 Normandale Blvd Suite 202 Bloomington MN 55437 990 2023-01-01 460368509 STURGIS ECONOMIC DEVELOPMENT CORP STUR 6053474906 PO BOX 218 STURGIS SD 57785 KEN MEIROSE Treasurer 2024-10-31 true true Karen Parks P00003302 6122329380 2023 2024-10-15 13:58:12Z KEN MEIROSE PO BOX 218 STURGIS SD 57785 670515 false X WWW.STURGISDEVELOPMENT.COM X 1973 SD PURSUE ECONOMIC DEVELOPMENT BY ASSISTING NEW OR EXPANDING BUSINESSES ANDINDUSTRY IN STURGIS AND THE GREATER MEADE COUNTY AREA AND TO COORDINATETHOSE EFFORTS WITH COMMUNITY ENTITIES. 12 12 0 0 183302 200061 163196 1853 7460 217333 -12960 -13752 340998 405495 200000 0 100365 108543 0 0 233937 80359 334302 388902 6696 16593 4834650 4935008 1753381 1837146 3081269 3097862 Pursue economic development by assisting new or expanding business andindustry in Sturgis and the Greater Meade County Area, and to coordinatethose efforts with community entities. false false SEDC WORKS WITH NEW AND EXISTING BUSINESSES IN AND AROUND STURGIS SD AND MEADE COUNTY, PROMOTING ECONOMIC DEVELOPMENT AND EXPANSION. SEDC ALSO WORKS WITH LOCAL GOVERNMENT TO PROMOTE ECONOMIC DEVELOPMENT. false false false true false false false false false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 3 0 true 0 false false false false false false false false X 12 12 false false false false true true true true true false false true true true true false false false false false X SEDC 6053474906 2885 DICKSON DRIVE STURGIS SD 57785 X X AMANDA ANGLIN EXECUTIVE DIRECTOR 0.00 40.00 0 108543 0 PAUL BISSON Chairman 1.00 0.00 X X 0 0 0 JD WILLIAMS VICE CHAIRMAN 1.00 0.00 X 0 0 0 MARK SCHMIDT Director 1.00 0.00 X 0 0 0 RYAN ALDREN Director 1.00 0.00 X 0 0 0 CHRIS BERGMAN Director 1.00 0.00 X 0 0 0 BRITTON BLAIR Director 1.00 0.00 X 0 0 0 TESSA GUNDERSON Director 1.00 0.00 X 0 0 0 ROD BRADLEY Director 1.00 0.00 X 0 0 0 JESSE BLAKEMAN Director 1.00 0.00 X 0 0 0 RICK BUSH Director 1.00 0.00 X 0 0 0 GARY DEERING Director 1.00 0.00 X 0 0 0 KEN MEIROSE Treasurer 1.00 0.00 X 0 0 0 108543 0 false false true 0 37500 153500 9061 200061 COMMUNITY DEVELOPMENT INC 1853 1853 SPONSORSHIP REVENUE 1853 44124 44124 0 0 166521 182109 -15588 -15588 -15588 256120 82911 173209 173209 173209 0 0 0 ALLOWANCE FOR LOAN LOSS REMOVA 1836 1836 1836 405495 47813 157621 200000 0 0 0 108543 0 0 0 0 0 0 612 7238 0 0 0 8678 5414 5152 0 0 13212 4600 0 602 0 0 0 4274 BOARD MEETINGS 9031 LOAN FEES 6317 COMMUNITY DEVELOPMENT 6187 MAINTENANCE - INDUST PARK 4453 4589 388902 0 0 0 72874 66996 1561110 1481179 0 0 0 0 61272 262819 0 0 2729739 709872 2133391 2019867 0 0 0 0 1006003 1104147 4834650 4935008 28062 26100 588 1711081 1796202 13650 14844 1753381 1837146 X 2735576 2718511 345693 379351 3081269 3097862 4834650 4935008 16593 X false false false false false true false 345414 345414 2062518 538837 1523681 31310 27834 3476 12149 8719 3430 278348 134482 143866 2019867 DEPOSIT FEE ON UTILITIES 50236 LAND HOLDINGS FOR ECONOMIC DEVELOPMENT 1050575 PREPAID EXPENSE 3336 1104147 INSURANCE DAMANGE TO BE FIXED 1194 SECURITY DEPOSIT 13650 14844 X X X false false false AMANDA ANGLIN EXECUTIVE DIRECTOR 108543 108543 Part II, Compensation from Unrelated Organizations BLACK HILLS SPECIAL SERVICES HOUSES OUR EMPLOYEES AS PART OF THEIR NON-PROFIT SERVICES TO PROMOTE ECONOMIC DEVELOPMENT Form 990, Part VI, Section A, Line 6 BUSINESSES CAN PAY DUES TO BE VOTING MEMBERS Form 990, Part VI, Section A, Line 7a ANNUAL ELECTION HELD FOR BOARD OF DIRECTOR VACANCIES. THE ELECTED BY MEMBERS BOARD MAKES THE DECISIONS AT THE MONTHLY MEETINGS. Form 990, Part VI, Section A, Line 7b AT THE ANNUAL MEETING ANY CHANGES TO THE GOVERNING BYLAWS MUST BE APPROVED BY A VOTE AT THE ANNUAL MEEING.ONCE ELECTED THE BOARD HAS THE AUTHORITY TO ACT ON BEHALF OF THE ORGANIZATION. Form 990, Part VI, Section B, Line 11b COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING OF TAX RETURN. Form 990, Part VI, Section B, Line 12c AN ANNUAL QUESTIONNAIRE IS GIVEN TO THE BOARD MEMBERS TO DISCLOSE ANY CONFLICTS. ALSO WHEN VOTING ON ANY BOARD ACTION, THE BOARD MEMBER WILL DISCLOSE ANY CONFLICTS AND NOT VOTE ON SAID ACTION AND WITHHOLDS SIGNATURE ON CONFLICTING DOCUMENTS. Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS ARE PRESENTED AT THE ANNUAL MEETING. ALL GOVERNING DOCUMENTS, CONFLICTS OF INTEREST, AND POLICIES ARE AVAILABLE UPON REQUEST. FOR 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FOR 990 A COPY OF THE TAX RETURN IS MADE AVAILABLE TO THE BOARD MEMBERS. FORM 990, PART III, LINE 4D - ALL OTHER ACCOMPLISHMENTS TO ENCOURAGE ECONOMIC DEVELOPMENT THE ENTITY HAS OWNERSHIP OF RENTAL PROPERTY FOR RENT BY BUSINESSES. THESE ARE USED TO INCUBATE BUSINESSES AND TO PROMOTE ECONMIC GROWTH. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY BOARD IS ADVISED OF CONFLICT AND MEMBER ABSTAINS FROM VOTING ON CONFLICT ISSUES AND WITHHOLDS SIGNATURE ON CONFLICTING DOCUMENTS. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATIO NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS MEMBERS FORM 990, PART VI, LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS MEMBERS CAN ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, LINE 7B - DECISIONS SUBJECT TO APPROVAL OF MEMBERS MEMBERS VOTE ON GOVERNANCE