Lemmon Area Charitable and Economic Development Corporation
Donations deductibleRevenue
$276k
year to 31 December 2024
Expenses
$306k
year to 31 December 2024
Total assets
$1.1m
$3k liabilities
Net assets
$1.1m
assets less liabilities
Directors and trustees
3
6.8 years on average
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
6
named in Part VII
Lemmon Area Charitable and Economic Development Corporation's network
3 people2 organisationsi3 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 6 voting members of its governing body on its latest Form 990 Part VI; we list 3 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Chad Bumgarten | Director | 2022 | 4 yrs |
| David Johnson (also filed as Dave Johnson) | Executive Dir. | 2018 | 8 yrs |
| Lyndsey Wheeler | Company secretary | 2019 | 7 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
6 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Brad Derschan | President | 2018 |
| Garrett Schweitzer | Vice Preside | since 2018 |
| Jason Lillich | Vice President | since 2022 |
| Judy Larson | Director | since 2022 |
| Ryan Kohn | Vice President | since 2019 |
| Shane Hulm | Company secretary | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| David Johnson | Executive Dir. | 40 | $43k | ||
| Chad Bumgarten | Director | 0 | $0 | ||
| Lyndsey Wheeler | Secretary | 0 | $0 | ||
| Jason Lillich | Vice President | 0 | $0 | ||
| Ryan Kohn | President | 0 | $0 | ||
| Judy Larson | Director | 0 | $0 |
About
- Legal name
- Lemmon Area Charitable and Economic Development Corporation
- EIN
- 363983577
- Address
- 100 3rd St W, Lemmon, SD, 57638-1414
- State
- South Dakota
- Mission
- Assist in raising the economic and social welfare of low-income residents, education, economic growth and developement, and the preservation of historic character of lemmon, sd and perkins county, sd. (as filed on the Form 990)
- Activity (NTEE)
- S31 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 1994
- IRS ruling date
- 1 January 1995
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsDavid Johnson
≥7years on the filingsLyndsey Wheeler
≥4years on the filingsChad Bumgarten
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $1.1m
- Total liabilities
- $3k
- Net assets or fund balances
- $1.1m
- Contributions and grants received
- $227k
- Program service revenue
- $58k
- Grants and similar paid out
- $88k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $276k | $306k | Deficit $30k |
As filed on the IRS Form 990. US dollars.