Nonprofit · EIN 92-2921941
DOWNTOWN BROOKINGS
Tax-exempt · BROOKINGS, SD 57006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $179,134 | $168,673 | $10,461 | $169,451 | $841 | $168,610 |
| December 31, 2023 | 990 | $297,995 | $139,846 | $158,149 | $159,046 | $897 | $158,149 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $133,767
- Program service revenue
- $33,363
- Investment income
- $10,786
- Net income from fundraising events
- $1,218
Expenses
- Compensation of officers, directors and key employees
- $53,156
- Salaries, compensation and benefits (total)
- $66,422
- Professional fees and payments to contractors
- $1,556
- Occupancy
- $2,848
- Printing, publications and postage
- $80
- Other expenses
- $97,767
- Program services (functional)
- $82,271
Balance sheet and other
- Total assets, start of year
- $159,046
- Total assets, end of year
- $169,451
- Total liabilities, end of year
- $841
- Net assets, end of year
- $168,610
- Cash, savings and investments
- $169,451
- Gross receipts
- $179,134
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kirsten Gjesdal | Executive Dir. | 30 | $53,156 |
| Renee Bauman | President | 1 | $0 |
| Nathaniel Condelli | Treasurer | 1 | $0 |
| Tom Fishback | Vice President | 1 | $0 |
| Kerrie Vilhauer | Secretary | 1 | $0 |
| Samantha Beckman | Director | 1 | $0 |
| Laci Dahl Thompson | Director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kirsten Gjesdal | Executive Dir. Officer | 30 | $36,094 |
| Renee Bauman | President Trustee or director, Officer | 1 | $0 |
| Nathaniel Condelli | Treasurer Trustee or director, Officer | 1 | $0 |
| Tom Fishback | Vice President Trustee or director, Officer | 1 | $0 |
| Kerrie Vilhauer | Secretary Trustee or director, Officer | 1 | $0 |
| Samantha Beckman | Director Trustee or director | 1 | $0 |
| Laci Dahl Thompson | Past President Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 414 MAIN AVE STE 1, BROOKINGS, SD 57006-2194
- In care of
- % DOWNTOWN BROOKINGS
- Signed the 990-EZ
- Kirsten Gjesdal, Executive Dir.
- Phone
- (605) 620-1685
- Return prepared by
- Kinner & Company Ltd
Mission
Downtown Brookings creates economic vitality by educating, connecting, and creating opportunity. The Board of Directors and ExecutiveDirector conduct the economic vitality activities. Economic vitality activities take place in the Central Business District of Brookings, SD. Fiftypercent of the time is allocated to economic vitality. The activity is funded through donations, grants, fees, and municipal funds. Economicvitality furthers our exempt purpose by sharing information and resources, identifying economic opportunities, partnering with area organizationsand government bodies, and creating a supportive environment to help new and existing businesses thrive, including informational booklets andbusiness development education.
Program accomplishments
- Downtown Brookings is a charitable organization that educates the public on the importance of investing in historic preservation, Arts, and smallbusiness. We create opportunities for the public to focus on local, to build a thriving and engaging historic Main Street.Downtown Brookings promotes our neighborhood through storytelling, marketing, and events. The Board of Directors and Executive Directorconduct the promotional activities. Promotional activities take place in the Central Business District of Brookings, SD. Twenty-five percent of thetime is allocated to promotion. The activity is funded through donations, grants, fees, and municipal funds. Promotions furthers our exemptpurpose by inviting the community to interact with our small businesses and to participate in educational opportunities while generating funds toinvest in historic preservation.Downtown Brookings creates economic vitality by educating, connecting, and creating opportunity.Expenses $82,271
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-2921941
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $169,451
- Income (IRS master file)
- $179,134
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $179,134 | $168,673 | $169,451 | IRS |
| 990 | December 2023 | $297,995 | $139,846 | $159,046 | XML |
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 92-2921941).
Questions about DOWNTOWN BROOKINGS
- What is the EIN of DOWNTOWN BROOKINGS?
- The employer identification number (EIN) of DOWNTOWN BROOKINGS is 92-2921941.
- Is DOWNTOWN BROOKINGS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to DOWNTOWN BROOKINGS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN BROOKINGS 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 DOWNTOWN BROOKINGS 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 DOWNTOWN BROOKINGS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of DOWNTOWN BROOKINGS?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $53,156 (Kirsten Gjesdal, Executive Dir.).
- How much revenue does DOWNTOWN BROOKINGS have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $179,134, expenses of $168,673 and total assets of $169,451 at year end.
Other nonprofits in BROOKINGS
- DAKOTA BIOPRODUCTS INNOVATION INSTITUTE EIN 88-2205210 · last filed 990 for 2024
- VISION BROOKING FOUNDATION EIN 36-4585401 · last filed 990-EZ for 2024
- EAST BROOKINGS BUSINESS AND INDUSTRY ASSOCIATION EIN 26-2741249 · last filed 990-N for 2025
- GUAHATA TURAHU EIN 99-3618269 · last filed 990-N for 2024
- HURON BOARD OF REALTORS EIN 91-1833190 · last filed 990-N for 2025
- SHELTER COMMUNITY HOUSING CORPORATION EIN 84-2216005 · last filed 990-EZ for 2024
- SOUTH DAKOTA STATE UNIVERSITY FOUNDATION EIN 46-0273801 · last filed 990 for 2024
- UNITED RETIREMENT CENTER EIN 46-0271768 · last filed 990 for 2024
All nonprofits in BROOKINGS · South Dakota · Community improvement and capacity building