Nonprofit · EIN 26-2504959
BLACK HILLS COMMUNITY LOAN FUND INC
Tax-exempt · RAPID CITY, SD 57703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,661,295 | $882,795 | $778,500 | $1,448,038 | $324,932 | $1,123,106 |
| December 31, 2023 | 990 | $1,157,873 | $1,098,465 | $59,408 | $1,516,339 | $1,321,336 | $195,003 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,645,900
- of which government grants
- $122,767
- Program service revenue
- $0
- Investment income
- $586
- Other revenue
- $14,809
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $521,141
- Salaries, compensation and benefits (total)
- $552,256
- Professional fundraising fees
- $0
- Legal fees
- $10,156
- Occupancy
- $45,689
- Travel
- $20,397
- Depreciation
- $968
- Program services (functional)
- $560,211
- Management and general (functional)
- $216,169
- Fundraising (functional)
- $106,415
Balance sheet and other
- Total assets, start of year
- $1,516,339
- Total assets, end of year
- $1,448,038
- Total liabilities, end of year
- $324,932
- Net assets, end of year
- $1,123,106
- Land, buildings and equipment
- $8,851
- Net assets without donor restrictions
- $923,106
- Net assets with donor restrictions
- $200,000
- Gross receipts
- $1,661,295
- Employees
- 10
- Year formed
- 2007
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Barbara Schmitt | Executive Director Former | 0 | $79,181 |
| Eileen Lafferty | EXECUTIVE DIRECTOR Key employee | 40 | $57,056 |
| Ramona Harrington | Director Trustee or director | 1 | $3,000 |
| Cassandra Palmier | Treasurer Trustee or director, Officer | 1 | $3,000 |
| Tanya Fiddler | President Trustee or director, Officer | 1 | $2,500 |
| Bonnie LeBeau | Secretary Trustee or director, Officer | 1 | $2,500 |
| Yolanda Garcia | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Barbara Schmitt | EXECUTIVE DIRECTOR Key employee | 40 | $120,959 |
| Yolanda Garcia | Director Trustee or director | 1 | $0 |
| Karissa Loewen | Director Trustee or director | 1 | $0 |
| Ramona Harrington | Director Trustee or director | 1 | $0 |
| Bonnie LeBeau | Secretary Trustee or director, Officer | 1 | $0 |
| Cassandra Palmier | Treasurer Trustee or director, Officer | 1 | $0 |
| Tanya Fiddler | President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1764 CENTRE ST STE 1, RAPID CITY, SD 57703-4044
- In care of
- % TANYA FIDDLER
- Mailing address (990-N for 2015)
- 1010 9th Street, Rapid City SD 57701
- Principal officer (990 for 2024)
- Bonnie LeBeau, 1764 CENTRE ST STE 1, RAPID CITY, SD 57703
- Principal officer (990-N for 2015)
- Michael Hildebrandt, 1010 9th Street, Rapid City SD 57701
- Signed the 990
- TANYA FIDDLER, President
- Phone
- (605) 519-5124
- Website
- bhclf.org
- Return prepared by
- DONNA DENKER & ASSOCIATES
Mission
TO CREATE FINANCIAL OPPORTUNITIES FOR PEOPLE WHO ARE NOT BEING ECONOMICALLY SERVED BY TYPICAL LENDING INSTITUTIONS IN RAPID CITY, SOUTH DAKOTA AND SURROUNDING COMMUNITIES.
Program accomplishments
- The Black Hills Community Loan Fund continues to work on increasing the number of loans offered and assist their clients with home ownership.Expenses $560,211
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-2504959
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,448,038
- Income (IRS master file)
- $1,661,295
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,661,295 | $882,795 | $1,448,038 | XML |
| 990 | December 2023 | $1,157,873 | $1,098,465 | $1,516,339 | XML |
| 990 | December 2022 | $808,910 | $745,587 | $907,219 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2015 Officer: Michael Hildebrandt | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-2504959).
Questions about BLACK HILLS COMMUNITY LOAN FUND INC
- What is the EIN of BLACK HILLS COMMUNITY LOAN FUND INC?
- The employer identification number (EIN) of BLACK HILLS COMMUNITY LOAN FUND INC is 26-2504959.
- Is BLACK HILLS COMMUNITY LOAN FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to BLACK HILLS COMMUNITY LOAN FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BLACK HILLS COMMUNITY LOAN FUND 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 BLACK HILLS COMMUNITY LOAN FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BLACK HILLS COMMUNITY LOAN FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BLACK HILLS COMMUNITY LOAN FUND INC?
- The 990 for the year ended December 31, 2024 names Bonnie LeBeau.
- Who are the officers and directors of BLACK HILLS COMMUNITY LOAN FUND INC?
- The 990 for the year ended December 31, 2024 lists 7 people; 6 received compensation from the organization, the highest $79,181 (Barbara Schmitt, Executive Director).
- How much revenue does BLACK HILLS COMMUNITY LOAN FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,661,295, expenses of $882,795 and total assets of $1,448,038 at year end.
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All nonprofits in RAPID CITY · South Dakota · Community improvement and capacity building