Nonprofit · EIN 36-3534219
DEADWOOD ECONOMIC DEVELOPMENT CORP
Tax-exempt · LEAD, SD 57754
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $184,352 | $123,099 | $61,253 | $1,465,281 | $1,764,996 | -$299,715 |
| December 31, 2023 | 990 | $176,260 | $159,461 | $16,799 | $1,541,746 | $1,902,882 | -$361,136 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $97,056
- of which government grants
- $76,000
- Membership dues
- $16,350
- Program service revenue
- $75,651
- Investment income
- $11,645
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $77,000
- Salaries, compensation and benefits (total)
- $82,940
- Professional fundraising fees
- $0
- Legal fees
- $997
- Accounting fees
- $2,833
- Travel
- $3,659
- Program services (functional)
- $114,620
- Management and general (functional)
- $8,479
Balance sheet and other
- Total assets, start of year
- $1,541,746
- Total assets, end of year
- $1,465,281
- Total liabilities, end of year
- $1,764,996
- Net assets, end of year
- -$299,715
- Net assets without donor restrictions
- -$299,715
- Gross receipts
- $184,352
- Employees
- 1
- Year formed
- 1992
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 |
|---|---|---|---|
| MOLLY BROWN | PRESIDENT Trustee or director, Officer | – | $0 |
| CASEY DERFLINGER | BOARD MEMBER Trustee or director | – | $0 |
| SIDNEY GOSS | BOARD MEMBER Trustee or director | – | $0 |
| MICHELLE LOOBEY-GERTSCH | BOARD MEMBER Trustee or director | – | $0 |
| CHRIS ROBERTS | BOARD MEMBER Trustee or director | – | $0 |
| JIM SRSTKA | TREASURER Trustee or director, Officer | – | $0 |
| MIKE WALKER | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MISTY WINTER | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MOLLY BROWN | PRESIDENT Trustee or director, Officer | – | $0 |
| CASEY DERFLINGER | BOARD MEMBER Trustee or director | – | $0 |
| RON EVERETT | BOARD MEMBER Trustee or director | – | $0 |
| SIDNEY GOSS | BOARD MEMBER Trustee or director | – | $0 |
| ERIC JENNINGS | EX - OFFICIO Trustee or director | – | $0 |
| DAVID R RUTH JR | BOARD MEMBER Trustee or director | – | $0 |
| DONOVAN LINDSAY | BOARD MEMBER Trustee or director | – | $0 |
| MICHELLE LOOBEY-GERTSCH | BOARD MEMBER Trustee or director | – | $0 |
| CHRIS ROBERTS | BOARD MEMBER Trustee or director | – | $0 |
| FLOYD RUMMEL | PAST PRESIDE Trustee or director, Officer | – | $0 |
| MIKE WALKER | VICE PRESIDE Trustee or director, Officer | – | $0 |
| JIM WEFSO | TREASURER Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 801 W MAIN ST, LEAD, SD 57754-1533
- Principal officer (990 for 2024)
- MOLLY BROWN
- Signed the 990
- EMMA GARVIN, EXECUTIVE DIRECTOR
- Phone
- (605) 722-5835
- Website
- DEADWOODLEADEDC.COM
- Return prepared by
- GARRET TENBROEK CPA PC
Mission
THE ORGANIZATION PROMOTES AND IMPROVES THE BUSINESS ENVIRONMENT IN THE REGION BY BEING AN ADVOCATE FOR THE REGION, CULTIVATING BUSINESS PROSPECTS AND EXTENDING LOANS TO NEW AND EXPANDING BUSINESSES IN THE AREA.
Program accomplishments
- THE ORGANIZATION HAS ENCOURAGED NEW AND EXPENDING BUSINESSES AND INDIVIDUALS IN THE REGION BY EXTENDING LOANS FOR IMPROVEMENTS, EXPANSIONS AND PURCHASES OF BUSINESSES BY ENTITIES AND INDIVIDUALS.
- THE ORGANIZATION HAS ASSISTED LOCAL GOVERNMENT IN SECURING USES FOR HISTORICAL STRUCTURES IN THE REGION. THE USE OF THE PROPERTIES HELPS TO PREVENT THE POSSIBLE LOSS OF THE STRUCTURES.
- THE ORGANIZATION ASSISTS THE LOCAL BUSINESS COMMUNITY WITH ISSUES WHICH COULD AFFECT THE LOCAL BUSINESS ENVIRONMENT.
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
- 36-3534219
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,465,281
- Income (IRS master file)
- $184,352
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $184,352 | $123,099 | $1,465,281 | IRS |
| 990 | December 2023 | $176,260 | $159,461 | $1,541,746 | XML |
| 990 | December 2022 | $180,844 | $168,546 | $1,674,514 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 36-3534219).
Questions about DEADWOOD ECONOMIC DEVELOPMENT CORP
- What is the EIN of DEADWOOD ECONOMIC DEVELOPMENT CORP?
- The employer identification number (EIN) of DEADWOOD ECONOMIC DEVELOPMENT CORP is 36-3534219.
- Is DEADWOOD ECONOMIC DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1989.
- Are donations to DEADWOOD ECONOMIC DEVELOPMENT CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DEADWOOD ECONOMIC DEVELOPMENT CORP 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 DEADWOOD ECONOMIC DEVELOPMENT CORP 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 DEADWOOD ECONOMIC DEVELOPMENT CORP 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 DEADWOOD ECONOMIC DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 names MOLLY BROWN.
- Who are the officers and directors of DEADWOOD ECONOMIC DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does DEADWOOD ECONOMIC DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $184,352, expenses of $123,099 and total assets of $1,465,281 at year end.
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