Shared Resources Inc
Revenue
$876
year to 31 December 2025
Expenses
$158k
year to 31 December 2025
Total assets
$85.5m
$35.7m liabilities
Net assets
$49.8m
assets less liabilities
Directors and trustees
7
3.4 years on average
Staff
0
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
1
named in Part VII
Shared Resources Inc's network
7 people5 organisationsi7 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (9) 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
7 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 7 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 |
|---|---|---|---|
| Dan Dannenbring | Vice Preside | 2023 | 3 yrs |
| David Howard | Director | 2023 | 3 yrs |
| David Stearns | Director | 2023 | 3 yrs |
| Lloyd Rave | President | 2023 | 3 yrs |
| Reggie Gassman | Director | 2023 | 3 yrs |
| Rodney Van Der Vliet | Secretary/Tr | 2023 | 3 yrs |
| Vince Nelson | Director | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 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 |
|---|---|---|
| Scott Buss | Manager | 2024 |
Pay and hours
year to 31 December 2025iFrom 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 |
|---|---|---|---|---|---|
| Lloyd Rave | President | 2 | $2k | $7k | |
| Dan Dannenbring | Vice Preside | 0.5 | $1k | ||
| Rodney van der Vliet | Secretary/Tr | 0.5 | $1k | $5k | |
| Reggie Gassman | Director | 0.25 | $1k | ||
| Vince Nelson | Director | 0.25 | $1k | ||
| David Howard | Director | 0.25 | $1k | $4k | |
| David Stearns | Director | 0.25 | $1k | $4k | |
| Scott Buss | Manager | 5 | $0 | $169k | $61k |
About
- Legal name
- Shared Resources Inc
- EIN
- 873999581
- Address
- 47381 248th St, Dell Rapids, SD, 57022-5305
- State
- South Dakota
- Mission
- Provide water service for use and benefit of its members (as filed on the Form 990)
- Activity (NTEE)
- W80 Public and societal benefit
- IRS classification
- 501(c)12 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Public & Societal Benefit
- Size band
- 8 (IRS master file code)
- Formed
- 2023
- Principal officer
- Lloyd Rave (as named on the Form 990)
- IRS ruling date
- 1 April 2024
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 2, latest 2024
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥3years on the filingsDan Dannenbring
≥3years on the filingsDavid Howard
≥3years on the filingsDavid Stearns
≥3years on the filingsLloyd Rave
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $85.5m
- Total liabilities
- $35.7m
- Net assets or fund balances
- $49.8m
- Contributions and grants received
- $0
- Program service revenue
- $0
- Employees
- 0
Filed finances
2 yearsiTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $780 | $105k | Deficit $104k |
| 2023 | $33k | $31k | $2k |
As filed on the IRS Form 990. US dollars.