Mission
PROMOTE ECONOMIC DEVELOPMENT IN RURAL AREA.
Public Charity
TIMBER LAKE & AREA DEVELOPMENT INC
TIMBER LAKE & AREA DEVELOPMENT INC, of TIMBER LAKE, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $164K in revenue, $171K in expenses, $1.2M in total assets. 1 publicly reported grants to this organization, totaling roughly $8K, appear in IRS filings.
EIN: 363813692
TIMBER LAKE, SD
Urban & Community Economic Development
NTEE: S31
Latest filing: 2025
Total Revenue$164K
Total Expenses$171K
Total Assets$1.2M
Grant Records1
Funding Total$8K
Filing Years2020–2025
Where $100 goes at Timber Lake & Area Development Inc
How Timber Lake & Area Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$69
Purchased and renovated apartment buildings for multi-family housing within the community
$13
To provide community leadership that will encourage and work for economic growth in business, industry and tourism, thereby, enhancing the quality of life in the area we serve
$9
Opened a community daycare facility
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PLAYSPACE CONSTRUCTION
$8,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
DIRECTOR
Barbara Gross
TREASURER
Corrine Huber
DIRECTOR
Courney Ulricksen
VICE PRESIDE
Joe Scherer
SECRETARY
Kristen Gill
PRESIDENT
Rusty Gebhardt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $164K | $171K | $1.2M |
| 2024 | $249K | $299K | $910K |
| 2023 | $310K | $409K | $652K |
| 2022 | $283K | $261K | $722K |
| 2020 | $286K | $255K | $638K |
Between 2020 and 2025, reported annual revenue declined from $286K to $164K (-43%), with total assets most recently reported at $1.2M.
Interactive year-over-year charts and full filing details available with membership.