Form 990 for tax year 2024
Filed by SOUTH DAKOTA PETROLEUM MARKETERS ASSOCIATION.
Totals
- Total revenue
- $361,977
- Total expenses
- $407,120
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $134,755
- Investment income
- -$7,362
- Other revenue
- $234,584
- Total assets, end of year
- $1,053,147
- Total liabilities, end of year
- $32,930
- Net assets or fund balances, end of year
- $1,020,217
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
2a · Program service revenue: ANNUAL DUES
total $83,429 · related or exempt $83,429
-
2b · Program service revenue: PROPANE MEMBER DUES
total $51,326 · related or exempt $51,326
-
3 · Investment income
total $32,354 · excluded $32,354
-
7a · Gross sales of assets other than inventory
securities $296,733
-
7b · Less cost or other basis and sales expenses
securities $336,449
-
7c · Gain or loss
securities -$39,716
-
7d · Net gain or loss
total -$39,716 · related or exempt -$39,716
-
10a · Gross sales of inventory
$219
-
10c · Net income from sales of inventory
total $219 · unrelated business $219
-
11a · Other revenue: CONVENTION INCOME
total $80,125 · related or exempt $80,125
-
11b · Other revenue: UST OPERATOR TRAINING
total $50,000 · related or exempt $50,000
-
11c · Other revenue: PROPANE MEMBERS EDUCATION
total $41,119 · related or exempt $41,119
-
11d · All other revenue
total $63,121 · related or exempt $48,068 · unrelated business $15,053
-
11e · Other revenue, total
$234,365
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $187,927
-
10 · Payroll taxes
total $12,633
-
11c · Fees: accounting
total $3,860
-
11d · Fees: lobbying
total $42,480
-
13 · Office expenses
total $6,650
-
16 · Occupancy
total $7,260
-
17 · Travel
total $3,049
-
19 · Conferences, conventions and meetings
total $22,888
-
22 · Depreciation, depletion and amortization
total $2,267
-
23 · Insurance
total $4,084
-
24a · Other expenses: DUES
total $38,973
-
24b · Other expenses: UST OPERATOR TRAINING
total $31,153
-
24c · Other expenses: MISCELLANEOUS
total $20,014
-
24d · Other expenses: EDUCATION MATERIALS
total $10,731
-
24e · All other expenses
total $13,151
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $117,696 · end of year $74,842
-
2 · Savings and temporary cash investments
beginning of year $114,687 · end of year $117,274
-
4 · Accounts receivable
beginning of year $10,003 · end of year $7,137
-
9 · Prepaid expenses and deferred charges
beginning of year $2,597 · end of year $8,169
-
10a · Land, buildings and equipment: cost or other basis
$61,181
-
10b · Land, buildings and equipment: accumulated depreciation
$56,646
-
10c · Land, buildings and equipment, net
beginning of year $4,489 · end of year $4,535
-
11 · Investments: publicly traded securities
beginning of year $770,561 · end of year $841,190
-
17 · Accounts payable and accrued expenses
beginning of year $184 · end of year $117
-
19 · Deferred revenue
beginning of year $30,398 · end of year $25,881
-
25 · Other liabilities
beginning of year $5,846 · end of year $6,932
-
27 · Net assets without donor restrictions
beginning of year $983,605 · end of year $1,020,217
Mission and programs · 2024
Mission
MEMBERSHIP SUPPORT
-
THE SD PETROLEUM MARKETERS ASSOCIATION IS ORGANIZED TO PROVIDE SERVICES AND INFORMATION TO THE MEMBERSHIP.
As filed on the 2024 return.
Listed in Part VII
-
Dawna LeitzkeDAWNA LEITZKE
EXECUTIVE DI
- Total calculated
- $187,927
- From this org
- $164,584
- From related orgs
- $0
- Other
- $23,343
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,584
- Bonus
- not reported
- Other
- not reported
- Deferred
- $23,343
- Nontaxable benefits
- not reported
- Filer's total
- $187,927
-
Bob BurkeBOB BURKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Milt HandcockMILT HANDCOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Les KlukasLES KLUKAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe LockenJOE LOCKEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Matt MitchellMATT MITCHELL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Gib MoyleGIB MOYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason MunsonJASON MUNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sam OlsonSAM OLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott SternSCOTT STERN
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
William TannerWILLIAM TANNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim WiebelhausTIM WIEBELHAUS
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Bob WingenBOB WINGEN
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202523149349303912
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