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Nonprofiteer
← SIOUX EMPIRE HOUSING PARTNERSHIP INC

Form 990 for tax year 2023

Filed by SIOUX EMPIRE HOUSING PARTNERSHIP INC.

Totals

Total revenue
$288,738
Total expenses
$253,588
Contributions and grants received
$278,280
Grants paid
$0
Program service revenue
$0
Investment income
$10,458
Other revenue
$0
Total assets, end of year
$402,324
Total liabilities, end of year
$101,450
Net assets or fund balances, end of year
$300,874
Program services expenses (Part IX)
$189,646
Management and general expenses
$63,942
Fundraising expenses
$0
Program service expenses (Part III)
$189,646

Program services were 74.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $82,530

  • 1f · All other contributions, gifts and grants

    $195,750

  • 3 · Investment income

    total $10,458 · excluded $10,458

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $64,468 · program services $48,351 · management and general $16,117

  • 7 · Other salaries and wages

    total $86,958 · program services $83,487 · management and general $3,471

  • 8 · Pension plan contributions

    total $7,658 · program services $7,658

  • 9 · Other employee benefits

    total $22,253 · program services $22,253

  • 10 · Payroll taxes

    total $12,084 · program services $10,482 · management and general $1,602

  • 11c · Fees: accounting

    total $18,576 · management and general $18,576

  • 12 · Advertising and promotion

    total $3,226 · program services $848 · management and general $2,378

  • 13 · Office expenses

    total $3,032 · program services $1,462 · management and general $1,570

  • 14 · Information technology

    total $11,481 · program services $4,030 · management and general $7,451

  • 16 · Occupancy

    total $18,972 · program services $9,486 · management and general $9,486

  • 17 · Travel

    total $1,094 · management and general $1,094

  • 22 · Depreciation, depletion and amortization

    total $485 · program services $242 · management and general $243

  • 23 · Insurance

    total $2,694 · program services $1,347 · management and general $1,347

  • 24a · Other expenses: MISCELLANEOUS

    total $427 · management and general $427

  • 24b · Other expenses: CONTINUING EDUCATION

    total $180 · management and general $180

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $300,683 · end of year $82,461

  • 2 · Savings and temporary cash investments

    end of year $208,728

  • 4 · Accounts receivable

    beginning of year $20,455 · end of year $60,947

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,474 · end of year $4,105

  • 10a · Land, buildings and equipment: cost or other basis

    $10,683

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,227

  • 10c · Land, buildings and equipment, net

    end of year $1,456

  • 15 · Other assets

    beginning of year $62,638 · end of year $44,627

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,888 · end of year $19,823

  • 19 · Deferred revenue

    beginning of year $37,000 · end of year $37,000

  • 25 · Other liabilities

    beginning of year $62,638 · end of year $44,627

  • 27 · Net assets without donor restrictions

    beginning of year $265,724 · end of year $300,874

Mission and programs · 2023

Mission

EXPAND AFFORDABLE HOUSING FOR PEOPLE OF LOW TO MODERATE INCOMES THROUGH ACTIVE PARTICIPATION AND FACILITATION WITH THE PUBLIC AND PRIVATE SECTORS OF THE SIOUX EMPIRE.

  • THE SIOUX EMPIRE HOUSING PARTNERSHIP (SEHP) ASSISTS LOW TO MODERATE INCOME HOMEBUYERS AND RENTERS FINANCIALLY SUCCEED IN OUR COMMUNITY BY MAINTAINING SAFE AND AFFORDABLE HOUSING. SEHP PROVIDES HOUSING COUNSELING SERVICES FOR PREPURCHASE AND RENTAL HOUSING EDUCATION SERVICES, FINANCIAL LITERACY EDUCATION COURSES, CREDIT HISTORY REVIEW, AND PERSONAL MONEY MANAGEMENT AND BUDGET COURSES. IN 2024, SEHP'S EDUCATION PROGRAMS SERVED 750 INDIVIDUALS AND FAMILIES. ALL CLASSES OFFER IN-PERSON AND VIRTUAL OPTIONS WHICH FACILITATES EDUCATION ACROSS THE STATE. SEHP PROMOTES OUR SERVICES BY SOCIAL MEDIA STRATEGY AND BY TARGETING FINANCIAL INSTITUTIONS, COMMUNITY MEMBERS, HOUSING MANAGEMENT AGENCIES AND NONPROFIT ORGANIZATIONS WORKING WITH LOW TO MODERATE INCOME INDIVIDUALS, FAMILIES, OR MINORITY POPULATIONS. STAFF PROMOTES SERVICES WITHIN THE COMMUNITY BY PROVIDING OUTREACH AND MARKETING MATERIALS DURING FAIRS, FESTIVALS AND MULTICULTURAL EVENTS. SEHP WORKS WITH THE GREATER SIOUX FALLS CHAMBER OF COMMERCE, THE SIOUX FALLS DEVELOPMENT FOUNDATION, THE CITY OF SIOUX FALLS, LOCAL COUNTY GOVERNMENTS, 211 HELPLINE CENTER, REALTORS, MORTGAGE LENDERS, THE MULTICULTUREAL CENTER, AND CAMINANDO JUNTOS TO REACH OUR DIVERSE COMMUNITY. PROGRAM SUCCESS IS MEASURED BY METRICS SUCH AS FOLLOW-UP CALLS, SURVEYS AND ADDITIONAL COMMUNITY OUTREACH OPPORTUNITIES.

    Expenses $189,646

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Hugo Barron

    PRESIDENT

    Total calculated
    $64,468
    From this org
    $54,019
    From related orgs
    $0
    Other
    $10,449
    Hours/week
    40

  • Leap Chair

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill O' Connor

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Joan Franken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Gannon

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Denise Guzzetta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Denise Hanzlik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eric Kunzweiler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Darren Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Marsh

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Josh Muckenhirn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michelle Rislov

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Tom Shields

    PAST CHAIRPE

    Total calculated
    $0
    Hours/week
    1

  • Roger Weber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rocky Welker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
28 February 2025
IRS schema version
2023v6.0
Source object
202510629349301046

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