Nonprofit · EIN 23-7232223
PONDEROSA APARTMENTS INC
Tax-exempt · SPEARFISH, SD 57783
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $3,403,861 | $3,848,781 | -$444,920 | $15,968,538 | $18,889,899 | -$2,921,361 |
| September 30, 2024 | 990 | $3,037,164 | $3,467,754 | -$430,590 | $16,244,123 | $18,720,564 | -$2,476,441 |
| September 30, 2023 | 990 | $2,922,476 | $3,869,411 | -$946,935 | $17,062,769 | $19,108,620 | -$2,045,851 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $270,904
- of which government grants
- $115,747
- Program service revenue
- $3,100,550
- Investment income
- $4,003
- Net rental income
- $28,404
- Other revenue
- $28,404
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $515
- Accounting fees
- $28,243
- Occupancy
- $555,193
- Depreciation
- $524,612
- Program services (functional)
- $3,793,169
- Management and general (functional)
- $55,612
Balance sheet and other
- Total assets, start of year
- $16,244,123
- Total assets, end of year
- $15,968,538
- Total liabilities, end of year
- $18,889,899
- Net assets, end of year
- -$2,921,361
- Land, buildings and equipment
- $14,167,180
- Net assets without donor restrictions
- -$2,921,361
- Gross receipts
- $3,403,861
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1972
- State of legal domicile
- SD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARRIN DONAT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MELISSA BARTH | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| CHRIS MITCHEL | MEMBER Trustee or director | 1 | $0 |
| DYLAN REINERS | MEMBER Trustee or director | 1 | $0 |
| LINDA JONES | MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARRIN DONAT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRIS MITCHEL | MEMBER Trustee or director | 1 | $0 |
| TERRY CAUDILL | MEMBER Trustee or director | 1 | $0 |
| KAY SCHALLENKAMP | MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARRIN DONAT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRYAN WALKER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRIS MITCHEL | MEMBER Trustee or director | 1 | $0 |
| TERRY CAUDILL | MEMBER Trustee or director | 1 | $0 |
| KAY SCHALLENKAMP | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 430 ORIOLE DR, SPEARFISH, SD 57783-1538
- Principal officer (990 for 2024)
- MARGARET RICHARDS, 430 ORIOLE DRIVE, SPEARFISH, SD 57783
- Signed the 990
- MARGARET RICHARDS, MANAGEMENT AGENT
- Phone
- (605) 642-4744
- Return prepared by
- CASEY PETERSON LTD
Mission
TO PROVIDE HOUSING AND RELATED FACILITIES FOR THE ELDERLY AND DISABLED PERSONS OF THE AREA. BASED UPON THEIR RESPECTIVE INCOMES, RURAL DEVELOPMENT PROVIDES RENTAL ASSISTANCE FOR THE LOW AND VERY LOW INCOME PERSONS FOR MOST BUILDINGS
Program accomplishments
- PONDEROSA APARTMENTS, INC PROVIDES AND OPERATES 6 APARTMENT COMPLEXES WITH A TOTAL OF 420 UNITS FOR ELIGIBLE ELDERLY OCCUPANTS AS DETERMINED BY RURAL DEVELOPMENT GUIDELINES. THIS ALSO INCLUDES SUBSIDIZED MEAL SERVICE FOR THE ELDERLY.Expenses $3,793,169 · revenue $3,128,954
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 23-7232223
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $15,968,538
- Income (IRS master file)
- $3,403,861
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $3,403,861 | $3,848,781 | $15,968,538 | XML |
| 990 | September 2024 | $3,037,164 | $3,467,754 | $16,244,123 | XML |
| 990 | September 2023 | $2,922,476 | $3,869,411 | $17,062,769 | XML |
| 990 | September 2022 | $3,089,734 | $3,454,784 | $17,012,312 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7232223).
Questions about PONDEROSA APARTMENTS INC
- What is the EIN of PONDEROSA APARTMENTS INC?
- The employer identification number (EIN) of PONDEROSA APARTMENTS INC is 23-7232223.
- Is PONDEROSA APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to PONDEROSA APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PONDEROSA APARTMENTS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PONDEROSA APARTMENTS INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PONDEROSA APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of PONDEROSA APARTMENTS INC?
- The 990 for the year ended September 30, 2025 names MARGARET RICHARDS.
- Who are the officers and directors of PONDEROSA APARTMENTS INC?
- The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PONDEROSA APARTMENTS INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $3,403,861, expenses of $3,848,781 and total assets of $15,968,538 at year end.
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- NORTHERN HILLS TRAINING EIN 46-0347103 · last filed 990 for 2025
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- THE FOUNDATION FOR CHRISTIAN DISCIPLESHIP EIN 74-2502054 · last filed 990 for 2024
- SPEARFISH EMERGENCY AMBULANCE SERVICE EIN 46-0337939 · last filed 990 for 2024
All nonprofits in SPEARFISH · South Dakota · Housing and shelter