Nonprofit · EIN 87-4105727
CLEAR LAKE AREA DEVELOPMENT CORPORATION
Tax-exempt · CLEAR LAKE, SD 57226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $117,897 | $119,136 | -$1,239 | $174,669 | $4,696 | $169,973 |
| December 31, 2024 | 990-EZ | $168,635 | $110,158 | $58,477 | $90,728 | $0 | $90,728 |
| December 31, 2023 | 990-EZ | $92,298 | $58,012 | $34,286 | $55,018 | $0 | $55,018 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $105,189
- Program service revenue
- $0
- Investment income
- $1,408
- Net income from fundraising events
- $2,483
- Other revenue
- $8,817
Expenses
- Grants and similar amounts paid
- $4,000
- Benefits paid to members
- $495
- Compensation of officers, directors and key employees
- $52,363
- Salaries, compensation and benefits (total)
- $56,668
- Professional fees and payments to contractors
- $25,459
- Occupancy
- $13,868
- Printing, publications and postage
- $940
- Other expenses
- $17,706
- Program services (functional)
- $4,000
Balance sheet and other
- Total assets, start of year
- $90,728
- Total assets, end of year
- $174,669
- Total liabilities, end of year
- $4,696
- Net assets, end of year
- $169,973
- Cash, savings and investments
- $94,185
- Gross receipts
- $119,281
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deb Adkins | Executive Director - October - December | 40 | $52,363 |
| Joe Uckert | Member | 1 | $0 |
| Cody Krause | President | 1 | $0 |
| Harry Mewherter | Member | 1 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deb Adkins | Executive Director - October - December | 40 | $46,800 |
| Sarash Salzer | Executive Director - Jan - October | 40 | $36,000 |
| Joe Uckert | Member | 1 | $0 |
| Cody Krause | President | 1 | $0 |
| Harry Mewherter | Member | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sarah Salzer | Executive Director | 40 | $36,000 |
| Joe Uckert | Member | 1 | $0 |
| Cody Krause | President | 1 | $0 |
| Harry Mewherter | Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 310 5 3RD AVE S, CLEAR LAKE, SD 57226-0000
- In care of
- % CODY KRAUSE
- Signed the 990-EZ
- Deborah Adkins, Executive Director
Mission
Promote social welfare and civic betterment improve communities as a whole combat community deterioration further economic development promote growth in business and housing and enhance the quality of life for residents in Deuel County South Dakota.
Program accomplishments
- Provided business support business development and enrichment of Clear lake & Deuel CountyExpenses $4,000
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-4105727
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $174,669
- Income (IRS master file)
- $119,281
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $117,897 | $119,136 | $174,669 | IRS |
| 990-EZ | December 2024 | $168,635 | $110,158 | $90,728 | IRS |
| 990-EZ | December 2023 | $92,298 | $58,012 | $55,018 | XML |
| 990-EZ | December 2022 | – | – | – | 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 87-4105727).
Questions about CLEAR LAKE AREA DEVELOPMENT CORPORATION
- What is the EIN of CLEAR LAKE AREA DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CLEAR LAKE AREA DEVELOPMENT CORPORATION is 87-4105727.
- Is CLEAR LAKE AREA DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CLEAR LAKE AREA DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLEAR LAKE AREA DEVELOPMENT CORPORATION 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 CLEAR LAKE AREA DEVELOPMENT CORPORATION 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 CLEAR LAKE AREA DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of CLEAR LAKE AREA DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $52,363 (Deb Adkins, Executive Director - October - December).
- How much revenue does CLEAR LAKE AREA DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $117,897, expenses of $119,136 and total assets of $174,669 at year end.
Other nonprofits in CLEAR LAKE
- ITC RURAL ECONOMIC DEVELOPMENT INC EIN 75-3002561 · last filed 990 for 2024
- H-D ELECTRIC COOPERATIVE INC EIN 46-0212565 · last filed 990 for 2025
- DEUEL COUNTY AMBULANCE INC EIN 46-0418357 · last filed 990 for 2025
- DEUEL COUNTY MEMORIAL HOSPITAL EIN 46-0398244 · last filed 990 for 2026
- CLEAR LAKE GOLF CLUB ASSOCIATION EIN 46-6017080 · last filed 990 for 2025
- DEUEL COUNTY CHARITIES EIN 46-0462194 · last filed 990-EZ for 2025
- DEUEL AREA DEVELOPMENT INC EIN 26-4033911 · last filed 990-EZ for 2025
- AMERICAN LEGION EIN 46-6014823 · last filed 990-N for 2025
All nonprofits in CLEAR LAKE · South Dakota · Community improvement and capacity building