NEW UNDERWOOD COMMUNITY DEVELOPMENT CORPORATION

EIN: 460403968

New Underwood, SD

Total Revenue
$23,216
Total Expenses
$11,226
Total Assets
$201,864
Net Assets
$201,864
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
SD
Principal Officer
Laurel Venhuizen
Phone
6057546421
Tax Period
2022-07-01 to 2023-06-30

NEW UNDERWOOD COMMUNITY DEVELOPMENT CORPORATION, founded in 1985, is a micro nonprofit that reported $35K in total revenue in fiscal year 2021. Revenue surged 2102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $35K, a strong 99% operating margin.

Mission

The organization works to increase economic development in New Underwood, South Dakota.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $160
Program Service Revenue $0
Investment Income $23,056
Other Revenue $0
TOTAL REVENUE $23,216

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $11,226
Other Expenses $7,226
TOTAL EXPENSES $11,226

Year-over-Year Comparison

2022 2021 Change
Revenue $23,216 $35,187 -0.3%
Expenses $11,226 $401 +27.0%
Net Income $11,990 $34,786 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D Brett Hanson Director 2
Director
$0 $0 $0
William Richter Director 0.2
Director
$0 $0 $0
Larry Gossard Director 0.2
Director
$0 $0 $0
Meri Jo Anderson Director 0.2
Director
$0 $0 $0
Darcy Bolton Director 0.2
Director
$0 $0 $0
Kristi Pritzkau Vice-President 1
Officer
$0 $0 $0
Chris Dvorak President 0.5
Officer
$0 $0 $0
Pamela J Cox Secretary 0.2
Officer
$0 $0 $0
Laurel K Venhuizen Treasurer 2
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $23,216 $11,226 $201,864 $11,990
2022 $35,187 $401 $189,874 $34,786
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