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VERMILLION DEVELOPMENT COMPANY

EIN 46-0284795 VERMILLION, SD

Revenue 2025
$2,296,163
Expenses 2025
$1,741,875

Program services were 36.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
Classification
3000
Street
2 E MAIN ST STE 101

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • JOE HOOSE

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • ANDY SCHULZ

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • KATEY ULRICH

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • VERONICA SCHMIDT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DUSTIN SOCKNESS

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • JIM WATERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GREGG PETERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN PRESCOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JON COLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAMON ALVEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JESSI HANSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BEKKI ENGQUIST-SCHROEDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TRAVIS MOCKLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MATT BURBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAMES PETERSON

    CEO

    Total calculated
    $152,006
    From this org
    $145,506
    From related orgs
    $0
    Other
    $6,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,506
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,500
    Nontaxable benefits
    not reported
    Filer's total
    $152,006

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 — 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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $2,296,163
    Expenses
    $1,741,875
    Contributions
    $947,234
    Grants paid
    $0
  • 2024
    Revenue
    $2,969,160
    Expenses
    $2,148,491
    Contributions
    $1,231,000
    Grants paid
    $0
  • 2023
    Revenue
    $1,497,971
    Expenses
    $1,442,904
    Contributions
    $597,193
    Grants paid
    $0
  • 2022
    Revenue
    $1,541,408
    Expenses
    $1,563,880
    Contributions
    $596,738
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.