Nonprofit · EIN 46-0375317
AREAWIDE BUSINESS COUNCIL INCORPORATED
Tax-exempt · YANKTON, SD 57078
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $404,407 | $171,800 | $232,607 | $10,456,991 | $682,781 | $9,774,210 |
| December 31, 2024 | 990 | $380,451 | $198,454 | $181,997 | $10,294,750 | $753,147 | $9,541,603 |
| December 31, 2023 | 990 | $331,782 | $191,837 | $139,945 | $10,184,523 | $824,917 | $9,359,606 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $374,187
- Investment income
- $30,220
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,085
- Travel
- $2,364
- Program services (functional)
- $157,086
- Management and general (functional)
- $14,714
Balance sheet and other
- Total assets, start of year
- $10,294,750
- Total assets, end of year
- $10,456,991
- Total liabilities, end of year
- $682,781
- Net assets, end of year
- $9,774,210
- Gross receipts
- $404,407
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1982
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lisa Creasey | Board member Trustee or director | 0.5 | $0 |
| Rick Hogue | Board Member Trustee or director | 0.5 | $0 |
| David Lambert | Board Member Trustee or director | 0.5 | $0 |
| Linda Willman | Board Member Trustee or director | 0.5 | $0 |
| Trevor Dierks | Board Member Trustee or director | 0.5 | $0 |
| Erik Koenigs | Board Member Trustee or director | 0.5 | $0 |
| Gerrit Juffer | Vice Chairman Trustee or director, Officer | 0.5 | $0 |
| Ron Kraft | Secretary-Treasurer Trustee or director, Officer | 1 | $0 |
| Larry McManus | Chairman Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lisa Creasey | Board member Trustee or director | 0.5 | $0 |
| Rick Hogue | Board Member Trustee or director | 0.5 | $0 |
| David Lambert | Board Member Trustee or director | 0.5 | $0 |
| Linda Willman | Board Member Trustee or director | 0.5 | $0 |
| Trevor Dierks | Board Member Trustee or director | 0.5 | $0 |
| Erik Koenigs | Board Member Trustee or director | 0.5 | $0 |
| Gerrit Juffer | Vice Chairman Trustee or director, Officer | 0.5 | $0 |
| Ron Kraft | Secretary-Treasurer Trustee or director, Officer | 1 | $0 |
| Larry McManus | Chairman Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lisa Creasey | Board member Trustee or director | 0.5 | $0 |
| Rick Hogue | Board Member Trustee or director | 0.5 | $0 |
| David Lambert | Board Member Trustee or director | 0.5 | $0 |
| Linda Willman | Board Member Trustee or director | 0.5 | $0 |
| Trevor Dierks | Board Member Trustee or director | 0.5 | $0 |
| Erik Koenigs | Board Member Trustee or director | 0.5 | $0 |
| Gerrit Juffer | Vice Chairman Trustee or director, Officer | 0.5 | $0 |
| Ron Kraft | Secretary-Treasurer Trustee or director, Officer | 1 | $0 |
| Larry McManus | Chairman Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 687, YANKTON, SD 57078-0687
- Principal officer (990 for 2025)
- Ron Kraft, PO Box 687, Yankton, SD 57078
- Signed the 990
- Ron Kraft, Secretary-Treasurer
- Phone
- (605) 665-4408
- Website
- www.districtiii.org
Mission
Economic Development
Program accomplishments
- The primary purpose of Areawide Business Council Inc is economic development. The main vehicle for accomplishing this is through low-interest loans made to individuals wishing to start a business or to existing businesses wishing to expand their business. Progress is measured in the number of loans made, the amount of private investment leveraged, and the number of jobs created or saved. Since inception, Areawide Business Council Inc has made 459 loans, leveraged $147.3 million in private investments, and created or saved 3842 jobs.Expenses $157,086 · revenue $404,407
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 | 990 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
- 46-0375317
- 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
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,456,991
- Income (IRS master file)
- $404,407
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $404,407 | $171,800 | $10,456,991 | IRS |
| 990 | December 2024 | $380,451 | $198,454 | $10,294,750 | XML |
| 990 | December 2023 | $331,782 | $191,837 | $10,184,523 | XML |
| 990 | December 2022 | $251,437 | $102,930 | $10,108,650 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 46-0375317).
Questions about AREAWIDE BUSINESS COUNCIL INCORPORATED
- What is the EIN of AREAWIDE BUSINESS COUNCIL INCORPORATED?
- The employer identification number (EIN) of AREAWIDE BUSINESS COUNCIL INCORPORATED is 46-0375317.
- Is AREAWIDE BUSINESS COUNCIL INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to AREAWIDE BUSINESS COUNCIL INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AREAWIDE BUSINESS COUNCIL INCORPORATED 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 AREAWIDE BUSINESS COUNCIL INCORPORATED due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AREAWIDE BUSINESS COUNCIL INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AREAWIDE BUSINESS COUNCIL INCORPORATED?
- The 990 for the year ended December 31, 2025 names Ron Kraft.
- Who are the officers and directors of AREAWIDE BUSINESS COUNCIL INCORPORATED?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does AREAWIDE BUSINESS COUNCIL INCORPORATED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $404,407, expenses of $171,800 and total assets of $10,456,991 at year end.
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