Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $986,495

• 1f · All other contributions, gifts and grants

  $10,129,111

• 1g · Noncash contributions included above

  $667,233

• 3 · Investment income

  total $4,446,994 · excluded $4,446,994

• 7a · Gross sales of assets other than inventory

  securities $68,840,591

• 7b · Less cost or other basis and sales expenses

  securities $67,677,107

• 7c · Gain or loss

  securities $1,163,484

• 7d · Net gain or loss

  total $1,163,484 · excluded $1,163,484

• 8a · Fundraising events: gross income

  $189,448

• 8a · Fundraising events: contributions included on line 1c

  $986,495

• 8b · Fundraising events: direct expenses

  $207,521

• 8c · Net income from fundraising events

  total -$18,073 · excluded -$18,073

• 9a · Gaming: gross income

  $60,000

• 9b · Gaming: direct expenses

  $56,032

• 9c · Net income from gaming

  total $3,968 · excluded $3,968

• 10a · Gross sales of inventory

  $1,101

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $1,101 · excluded $1,101

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $12,684,203 · program services $12,684,203

• 5 · Compensation of officers, directors and key employees

  total $215,492 · management and general $21,549 · fundraising $193,943

• 7 · Other salaries and wages

  total $1,231,159 · management and general $129,233 · fundraising $1,101,926

• 8 · Pension plan contributions

  total $76,842 · management and general $7,573 · fundraising $69,269

• 9 · Other employee benefits

  total $181,413 · management and general $20,160 · fundraising $161,253

• 10 · Payroll taxes

  total $99,908 · management and general $11,404 · fundraising $88,504

• 11b · Fees: legal

  total $9,855 · management and general $9,855

• 11c · Fees: accounting

  total $36,297 · management and general $36,297

• 11e · Fees: professional fundraising services

  total $280,643 · fundraising $280,643

• 11f · Fees: investment management

  total $371,689 · fundraising $371,689

• 13 · Office expenses

  total $196,449 · management and general $253 · fundraising $196,196

• 16 · Occupancy

  total $77,325 · fundraising $77,325

• 17 · Travel

  total $25,765 · fundraising $25,765

• 19 · Conferences, conventions and meetings

  total $17,981 · fundraising $17,981

• 22 · Depreciation, depletion and amortization

  total $8,994 · fundraising $8,994

• 23 · Insurance

  total $54,330 · fundraising $54,330

• 24a · Other expenses: GIFTS IN KIND

  total $209,239 · fundraising $209,239

• 24b · Other expenses: EQUIPMENT MAINTENANCE

  total $55,390 · management and general $45,858 · fundraising $9,532

• 24c · Other expenses: OTHER FUNDRAISING EXPEN

  total $19,422 · fundraising $19,422

• 24d · Other expenses: DONOR CULTIVATION

  total $4,015 · fundraising $4,015

• 24e · All other expenses

  total $8,796 · fundraising $8,796

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,306,375 · end of year $2,281,798

• 3 · Pledges and grants receivable

  beginning of year $1,514,114 · end of year $6,736,128

• 9 · Prepaid expenses and deferred charges

  beginning of year $41,583 · end of year $60,374

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

  $85,691

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

  $58,521

• 10c · Land, buildings and equipment, net

  beginning of year $15,927 · end of year $27,170

• 11 · Investments: publicly traded securities

  beginning of year $152,809,743 · end of year $162,135,330

• 15 · Other assets

  beginning of year $7,404,613 · end of year $7,815,129

• 17 · Accounts payable and accrued expenses

  beginning of year $113,997 · end of year $197,509

• 25 · Other liabilities

  beginning of year $5,185,083 · end of year $5,464,782

• 27 · Net assets without donor restrictions

  beginning of year $28,508,047 · end of year $27,879,201

• 28 · Net assets with donor restrictions

  beginning of year $129,285,228 · end of year $145,514,437

The filer's explanations (Part III)

PART I, LINE 1A

THE MANAGEMENT TEAM AND BOARD MEMBER SPOUSES, ON OCCASION, WILL TRAVEL IN COMPANY VEHICLES WHEN ATTENDING ONE OF OUR FUNDRAISERS AND/OR ANNUAL MEETING EITHER IN SIOUX FALLS OR RAPID CITY.

PART I, LINE 1B

SPOUSAL TRAVEL REIMBURSEMENT IS DETERMINED BY THE BOARD. EXPENSES THAT ARE MINIMAL AND NOT EXCESSIVE WILL BE REIMBURSED BY CHS PROVIDED THE COMPANION-SPOUSE DOES NOT TRAVEL SEPARATELY FROM HIS/HER CHS-EMPLOYED SPOUSE. ADDITIONAL COSTS FOR VEHICLE TRAVEL AND LODGING ARE NOT INCURRED AS A RESULT OF SPOUSAL TRAVEL.