Overview
What is Black Hills Sports Inc?
Black Hills Sports Inc, situated in Rapid City, South Dakota, operates Fitzgerald Stadium under an agreement with the city. The organization is responsible for maintaining the general grounds and administering a youth baseball program open to the city's residents. Black Hills Sports Inc also sub-leases the stadium to Post 22, an American Legion baseball team, for a yearly fee. Regular games and tournaments are held, and the public can attend for a fee. The nonprofit also manages concession stands and offers sponsorship opportunities with local businesses by placing logo signs on the outfield fence.
Is Black Hills Sports Inc legitimate?
Black Hills Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Hills Sports Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Black Hills Sports Inc?
Black Hills Sports Inc, shortened as BHSI, is responsible for managing a baseball field under an agreement with the city. The current lease agreement expires in November 2031, with an annual lease payment due. BHSI's primary responsibilities include maintaining and taking care of the general grounds and overseeing a youth baseball program open to city residents. The organization's mission revolves around providing opportunities for local youth to participate in baseball activities, ensuring the field remains well-maintained and accessible to the city's citizens.
Who is the CEO of Black Hills Sports Inc?
Lyle Tolsma is the President of Black Hills Sports Inc.
What is the revenue of Black Hills Sports Inc?
Black Hills Sports Inc's revenue in 2022 was $130,109.
Who are the executives of Black Hills Sports Inc and what are their salaries?
There 10 volunteers at Black Hills Sports Inc.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Black Hills Sports Inc?
Black Hills Sports Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Black Hills Sports Inc
Black Hills Sports Inc, or BHSI, is a nonprofit organization that has the responsibility of maintaining and caring for a baseball field, known as Fitzgerald Stadium, under an agreement with the City of Rapid City. The current lease agreement expires on November 1, 2031, and requires an annual lease payment of an undisclosed amount. Beyond maintaining the stadium, BHSI also administers a youth baseball program that is open to the citizens of the city. This program allows local children to participate in and enjoy the sport of baseball.
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Impact
October, 2024
Black Hills Sports Inc (BHSI) significantly contributes to the community of Rapid City by managing Fitzgerald Stadium and providing access to recreational baseball opportunities. Under their agreement with the city, BHSI ensures the maintenance of the stadium and facilitates a youth baseball program that encourages participation from local citizens. This initiative not only fosters athletic skills among youth but also nurtures teamwork and community spirit.
BHSI’s operation of Fitzgerald Stadium includes leasing the venue to Post 22, an American Legion baseball team, which regularly hosts games and tournaments that attract spectators and participants alike. These events enhance community engagement and provide entertainment options for residents and visitors. The public is welcome to attend games and tournaments for a fee, contributing to local economic activity.
Moreover, BHSI enhances the stadium experience by operating concession stands and collaborating with area businesses for sponsorship opportunities, such as placing logo signs on the outfield fence. This integration of local businesses into the sporting environment promotes a sense of community pride and supports local commerce.
Overall, BHSI plays a vital role in promoting recreational activities, youth development, and community cohesion in Rapid City through its dedication to managing sports resources effectively.
This information is meant to be a general summary of Black Hills Sports Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $81
- Program Service Revenue: $130,028
- Gross Receipts: $130,109
Assets and Liabilities:
- Total Assets: $66,199
- Total Liabilities: $367,822
- Net Assets: -$301,623
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SIGN REVENUE
Revenue
$128,278
3RD PARTY FIELD USAGE
Revenue
$1,750
Organization Details
Founding Year
1956
Phone
(605) 381-8888Principal Officer
Lyle Tolsma
Main Address
PO BOX 9451, RAPID CITY, SD, 577099451
NTEE Category
Code: N30 - Recreation
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