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Nonprofiteer
← SIOUX EMPIRE HOUSING PARTNERSHIP INC

Form 990 for tax year 2022

Filed by SIOUX EMPIRE HOUSING PARTNERSHIP INC.

Totals

Total revenue
$232,621
Total expenses
$210,746
Contributions and grants received
$229,581
Grants paid
$0
Program service revenue
$0
Investment income
$3,040
Other revenue
$0
Total assets, end of year
$387,250
Total liabilities, end of year
$121,526
Net assets or fund balances, end of year
$265,724
Program services expenses (Part IX)
$152,330
Management and general expenses
$58,416
Fundraising expenses
$0
Program service expenses (Part III)
$152,330

Program services were 72.3% 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)

    $15,841

  • 1f · All other contributions, gifts and grants

    $213,740

  • 3 · Investment income

    total $3,040 · excluded $3,040

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $76,196 · program services $57,147 · management and general $19,049

  • 7 · Other salaries and wages

    total $59,192 · program services $59,145 · management and general $47

  • 8 · Pension plan contributions

    total $2,959 · program services $2,959

  • 9 · Other employee benefits

    total $7,408 · program services $7,408

  • 10 · Payroll taxes

    total $9,534 · program services $8,439 · management and general $1,095

  • 11c · Fees: accounting

    total $16,891 · management and general $16,891

  • 12 · Advertising and promotion

    total $1,413 · program services $757 · management and general $656

  • 13 · Office expenses

    total $3,155 · program services $1,127 · management and general $2,028

  • 14 · Information technology

    total $10,411 · program services $4,078 · management and general $6,333

  • 16 · Occupancy

    total $18,600 · program services $9,300 · management and general $9,300

  • 17 · Travel

    total $170 · management and general $170

  • 22 · Depreciation, depletion and amortization

    total $499 · program services $250 · management and general $249

  • 23 · Insurance

    total $2,443 · program services $1,221 · management and general $1,222

  • 24a · Other expenses: CONTINUING EDUCATION

    total $1,770 · program services $499 · management and general $1,271

  • 24e · All other expenses

    total $105 · management and general $105

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $302,462 · end of year $300,683

  • 4 · Accounts receivable

    beginning of year $26,799 · end of year $20,455

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,728 · end of year $3,474

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

    $8,742

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

    $8,742

  • 10c · Land, buildings and equipment, net

    beginning of year $499 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $62,638

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,139 · end of year $21,888

  • 19 · Deferred revenue

    beginning of year $67,500 · end of year $37,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $62,638

  • 27 · Net assets without donor restrictions

    beginning of year $243,849 · end of year $265,724

Mission and programs · 2022

Mission

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

Activities or mission (Part I)

PROVIDE HOMEBUYER EDUCATION AND FINANCIAL LITERACY PROGRAMS TO LOW AND MODERATE INCOME INDIVIDUALS.

  • 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, CREDIT HISTORY REVIEW AND PERSONAL MONEY MANAGEMENT BUDGETING. IN 2023, SEHP'S EDUCATION PROGRAMS SERVED 690 FAMILIES AND INDIVIDUALS. ALL OF OUR CLASSES ARE OFFERED IN PERSON AS WELL AS VIRTUAL WHICH ENABLES US TO PROVIDE EDUCATION ACROSS THE STATE.SEHP PROMOTES OUR SERVICES TARGETING FINANCIAL INSTITUTIONS, COMMUNITY MEMBERS, HOUSING MANAGEMENT AGENCIES, NONPROFITS WORKING WITH LOW INCOME AND/OR MINORITY POPULATIONS, AS WELL AS THROUGH SOCIAL MEDIA. OUR STAFF PROMOTES SERVICES WITHIN THE COMMUNITIES BY PROVIDING OUTREACH AND MARKETING MATERIALS DURING FAIRS, FESTIVALS AND OTHER MULTICULTURAL EVENTS. SEHP WORKS WITH THE FOLLOWING: GREATER SIOUX FALLS CHAMBER OF COMMERCE, THE SIOUX FALLS DEVELOPMENT FOUNDATION, THE CITY OF SIOUX FALLS, SURROUNDING COUNTY GOVERNMENTS, THE 211 HELPLINE CENTER, REALTORS, MORTGAGE LOAN OFFICERS, THE MULTICULTURAL CENTER AND CAMINANDO JUNTOS TO REACH OUR DIVERSE COMMUNITY. SEHP MEASURES SUCCESS OF THE PROGRAMS BY FOLLOW-UP CALLS, SURVEYS, AS WELL AS OUTREACH TO THE COMMUNITY.

    Expenses $152,330

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ruth Christopherson

    PAST CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Tom Shields

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Bill O'Connor

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Joan Franken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Leap Chear

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karl Fulmer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Gannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Denise Guzzeta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Josh Muckenhirn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Nelson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Denise Hanzlik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Roger Weber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rocky Welker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eric Kunzweiler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joe Marsh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Darren Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hugo Barron

    PRESIDENT

    Total calculated
    $75,082
    From this org
    $58,897
    From related orgs
    $0
    Other
    $16,185
    Hours/week
    40

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
2022
Filed
7 August 2024
IRS schema version
2022v5.0
Source object
202432219349300203

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