Southern Hills Economic Development
Nonprofit profile at a glance
- EIN
- 454618382
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990-EZ 2025
- Location
- Hot Springs, SD, USA
- Phone
- 6057453551
- Rating
- 37
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $59,935
- Expenses
- $55,423
- Assets
- $26,833
- Liabilities
- $1,798
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KELLY CAPE (PRESIDENT)
- MARTIN MEYER (VICE PRESIDENT)
People named in this filing
- KELLY CAPE (PRESIDENT)
- MARTIN MEYER (VICE PRESIDENT)
- BARBARA MILLER (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote economic growth in the southjern black hills of South Dakota
What it reported doing in 2025
The corporation's purpose is to promote economic interest, development and imorovement to the quality of life in the southern black hills of South Dakota
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for grants.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.9%; rating input score 2
- Program expense ratio: 2%; rating input score 2
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.5%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -24.1% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: -1.7% per year; rating input score 0; 43rd percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 1.9% of revenue deployed · 2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 11 filing years from 2015 to 2025
- Contacts: How to reach this organization
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 2/100.
- High — Financial Efficiency: Program expense ratio scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.