Overview
What is De Smet Development Corporation?
De Smet Development Corporation is a nonprofit organization based in De Smet, South Dakota. Their primary mission is to foster business growth and economic prosperity within the city and its surrounding areas. They achieve this by promoting, encouraging, and developing new businesses, thereby contributing to the overall development of the community. With a small workforce of two individuals, they actively work towards enhancing De Smet's economic landscape.
Is De Smet Development Corporation legitimate?
De Smet Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. De Smet Development Corporation 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.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $73,332
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What is the mission statement of De Smet Development Corporation?
The De Smet Development Corporation is dedicated to promoting the growth and prosperity of a specific area, not specified in the provided information. They achieve this by encouraging and supporting business development, as well as assisting in the expansion of existing industries within the region. The corporation's activities are geared towards fostering economic growth and development, thereby contributing to the overall well-being of the area. They do not disclose any specific goals or strategies for achieving this mission in the provided data.
Who is the CEO of De Smet Development Corporation?
Matt Kees is the Director of De Smet Development Corporation.
What is the revenue of De Smet Development Corporation?
De Smet Development Corporation's revenue in 2022 was $138,092.
Who are the executives of De Smet Development Corporation and what are their salaries?
The average compensation at De Smet Development Corporation during 2022 was $36,666. There are 2 employees and 24 volunteers at De Smet Development Corporation.
Here are 9 key members and their salaries:
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- Compensation: $18,332
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Where can I find the form 990 for De Smet Development Corporation?
De Smet Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of De Smet Development Corporation
De Smet Development Corporation, a nonprofit organization, is committed to fostering the growth and prosperity of the City of DeSmet and its surrounding area. They achieve this mission by actively promoting and encouraging businesses, as well as facilitating their expansion. The corporation's primary goal is to develop a thriving economic landscape, thereby contributing to the overall well-being of the community. They assist in attracting new businesses and industries to the area, thereby stimulating economic growth and development.
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Impact
October, 2024
De Smet Development Corporation plays a crucial role in enhancing the economic landscape of De Smet and its surrounding area. By focusing on the promotion and development of local businesses, the organization actively supports new business expansion and encourages industrial growth. This commitment to fostering economic prosperity helps create a thriving community that attracts investment and opportunities. Through strategic initiatives, the corporation contributes to community improvement, making De Smet a more vibrant and economically resilient place to live and work.
This information is meant to be a general summary of De Smet Development Corporation. 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: $14,255
- Gross Receipts: $138,092
Assets and Liabilities:
- Total Assets: $1,923,354
- Total Liabilities: $653,434
- Net Assets: $1,269,920
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Organization Details
Founding Year
1968
Phone
(605) 854-9011Principal Officer
Matt Kees
Main Address
PO Box 42, De Smet, SD, 57231
NTEE Category
Code: S31 - Community improvement
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