Centerville Development Corp
Donations deductibleRevenue
$755k
year to 31 December 2024
Expenses
$189k
year to 31 December 2024
Total assets
$8m
$1.6m liabilities
Net assets
$6.4m
assets less liabilities
Directors and trustees
8
5.7y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
5
named in Part VII
Centerville Development Corp's network
8 people1 organisationi8 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (1) 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
8 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.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Adam Carlson | Director | 2020 | 6 yrs |
| Brad Preheim | President | 2019 | 7 yrs |
| Brandon Reif | Director | 2020 | 6 yrs |
| Jackie Krebs | Director | 2019 | 7 yrs |
| Jen Knudson | Company secretary | 2023 | 3 yrs |
| John Limoges | Vice Preside | 2023 | 3 yrs |
| Laura Hybertson | Treasurer | 2023 | 3 yrs |
| Todd Rist | Director | 2019 | 7 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
5 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 Preheim | Vice Preside | 2022 |
| Brandon Peterson | Vice President | 2018 |
| Jen Knudson | Company secretary | since 2018 |
| John Limoges | President | since 2018 |
| Laura Hybertson | Treasurer | 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 |
|---|---|---|---|---|---|
| Adam Carlson | Director | 5 | $0 | ||
| Laura Hybertson | Treasurer | 5 | $0 | ||
| Jen Knudson | Secretary | 5 | $0 | ||
| Jackie Krebs | Director | 5 | $0 | ||
| Sarah Morphew | Director | 5 | $0 | ||
| Brad Preheim | President | 5 | $0 | ||
| Brandon Reif | Vice Preside | 5 | $0 | ||
| Todd Rist | Director | 5 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Centerville Development Corp
- EIN
- 460315601
- Address
- 741 Main St, Centerville, SD, 57014-2195
- State
- South Dakota
- Mission
- 1. Promote, support and encourage the growth and development of business in centerville. 2. Improve the quality of affordable housing for the citizens of centerville. 3. Identify, recruit an train future leaders (as filed on the Form 990)
- Activity (NTEE)
- S20 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
- 7 (IRS master file code)
- Formed
- 2010
- Principal officer
- Laura Hybertson (as named on the Form 990)
- IRS ruling date
- 1 February 2011
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥7years on the filingsBrad Preheim
≥7years on the filingsJackie Krebs
≥7years on the filingsTodd Rist
≥6years on the filingsAdam Carlson
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
- $8m
- Total liabilities
- $1.6m
- Net assets or fund balances
- $6.4m
- Contributions and grants received
- $498k
- Program service revenue
- $16k
- Employees
- 0