Nonprofit · EIN 86-1818489
DSU-SOAR
Tax-exempt · MADISON, SD 57042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $132,172 | $75,046 | $57,126 | $170,982 | $0 | $170,982 |
| June 30, 2024 | 990-EZ | $177,594 | $121,310 | $56,284 | $113,856 | $0 | $113,856 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $50,000
- Program service revenue
- $79,610
- Investment income
- $2,562
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $75,046
- Program services (functional)
- $72,610
Balance sheet and other
- Total assets, start of year
- $113,856
- Total assets, end of year
- $170,982
- Total liabilities, end of year
- $0
- Net assets, end of year
- $170,982
- Cash, savings and investments
- $170,982
- Gross receipts
- $132,172
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOSE-MARIE GRIFFITHS | CHAIR/DSU PRESIDENT | 0.1 | $0 |
| DR RICHARD HANSON | PRESIDENT | 0.1 | $0 |
| DR REBECCA HOEY | VICE PRESIDENT | 0.1 | $0 |
| STACY KRUSEMARK | SECRETARY/TREASURER | 0.1 | $0 |
| DR DORINE BENNETT | BOARD MEMBER | 0.1 | $0 |
| DR DAVID DEJONG | BOARD MEMBER | 0.1 | $0 |
| NATHAN LUKKES | BOARD MEMBER | 0.1 | $0 |
990-EZ for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOSE-MARIE GRIFFITHS | CHAIR/DSU PRESIDENT | 0.1 | $0 |
| DR RICHARD HANSON | PRESIDENT | 0.1 | $0 |
| DR JAMES MORAN | VICE PRESIDENT END 10/2023 | 0.1 | $0 |
| DR REBECCA HOEY | VICE PRESIDENT BEGIN 10/2023 | 0.1 | $0 |
| STACY KRUSEMARK | SECRETARY/TREASURER | 0.1 | $0 |
| DR DORINE BENNETT | BOARD MEMBER | 0.1 | $0 |
| DR DAVID DEJONG | BOARD MEMBER | 0.1 | $0 |
| DR PAT ENGEBRETSON | BOARD MEMBER | 0.1 | $0 |
| DR DAVID KENLEY | BOARD MEMBER | 0.1 | $0 |
| NATHAN LUKKES | BOARD MEMBER | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 820 N WASHINGTON AVE, MADISON, SD 57042-1735
- In care of
- % STACY KRUSEMARK
- Mailing address (990-N for 2020)
- 820 N Washington Ave, Madison SD 57042
- Principal officer (990-N for 2020)
- Stacy Krusemark, 820 N Washington Ave, Madison SD 57042
- Signed the 990-EZ
- STACY KRUSEMARK, SECRETARY/TREASURER
- Phone
- (605) 256-5127
- Website
- WWW.DSUSOAR.COM
- Return prepared by
- EIDE BAILLY LLP
Mission
THIS CORPORATION IS FORMED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, MAINTAINING, AND OPERATING ECONOMIC DEVELOPMENT INITIATIVES THAT SUPPORT THE TEACHING, RESEARCH, OR SERVICE MISSION OF DAKOTA STATE UNIVERSITY BY EXPANDING OPPORTUNITIES FOR SOUTH DAKOTA FACULTY MEMBERS, RESEARCHERS, AND STUDENTS TO PARTICIPATE IN THE APPLICATION OF RESEARCH RESULTS AND TECHNOLOGICAL INNOVATIONS IN COMMERCE, GOVERNMENT, OR PUBLIC SERVICE.
Program accomplishments
- DSU-SOAR PROVIDED TRAINING TO FACULTY ACROSS THE NSA'S CENTER OF ACADEMIC EXCELLENCE (CAE) COMMUNITY ON RELEVANT RESEARCH TOPICS RELATED TO THE TECHNICAL KNOWLEDGE UNITS DEFINED IN THE CAE DESIGNATION PROCESS. ONE SEPARATE TRAINING SESSION WAS CONDUCTED THIS YEAR.Expenses $35,000
- DSU-SOAR SUPPLIED SEVEN (7) COMPUTER SCIENCE, CYBERSECURITY, AND COMPUTER NETWORKING TRAINING CONSULTANTS WHO DELIVERED COURSES IN 75-MINUTE SESSIONS WITH THREE SESSIONS IN THE MORNING AND TWO IN THE AFTERNOON, MONDAY THROUGH FRIDAY ON JUNE 9TH THROUGH JUNE 14TH.Expenses $35,000
- DSU-SOAR PROVIDED A 4-HOUR PROFESSIONAL DEVELOPMENT TRAINING ON OCTOBER 22ND, 2024. TOPICS COVERED INCLUDED (1) THE TRANSFORMATIVE POWER OF TECHNOLOGY IN REAL ESTATE, (2) BUILDING MENTAL RESILIENCE, (3) IMPLICIT BIAS IN REAL ESTATE, AND (4) NAVIGATING CONFLICT IN REAL ESTATE TRANSACTIONS. THE TRAINING WAS PROVIDED AT FT. PIERRE, SOUTH DAKOTA.Expenses $2,610
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-1818489
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $170,982
- Income (IRS master file)
- $132,172
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $132,172 | $75,046 | $170,982 | XML |
| 990-EZ | June 2024 | $177,594 | $121,310 | $113,856 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: Stacy Krusemark | June 30, 2021 | ≤ $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 86-1818489).
Questions about DSU-SOAR
- What is the EIN of DSU-SOAR?
- The employer identification number (EIN) of DSU-SOAR is 86-1818489.
- Is DSU-SOAR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to DSU-SOAR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DSU-SOAR 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 DSU-SOAR due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DSU-SOAR last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of DSU-SOAR?
- The 990-N for 2020 names Stacy Krusemark.
- Who are the officers and directors of DSU-SOAR?
- The 990-EZ for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does DSU-SOAR have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $132,172, expenses of $75,046 and total assets of $170,982 at year end.
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