Wessington Springs Area Chamber & Development
Only null% goes to programs Strong reserves Declining revenue
Wessington Springs Area Chamber & Development is a 501(c)(3) organization based in Wessingtn Spg, South Dakota, registered in 1997, with $43,966 in FY2023 revenue. CharityIndex grades it C+.
Po Box 132, Wessingtn Spg, SD, 57382 EIN 46-0336659 Since 1997
Revenue (FY2023)
$44K
▼ 13.0% vs prior year
Community median: $184K
Expenses (FY2023)
$27K
Net assets
$81K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wessington Springs Area Chamber & Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating36 mo reserves · +38% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wessington Springs Area Chamber & Development: 36 mo reserves · +38% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wessington Springs Area Chamber & Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wessington Springs Area Chamber & Development: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 132, Wessingtn Spg, SD, 57382
- City
- Wessingtn Spg
- State
- South Dakota
- Subcategory
- Economic Development
Financial trends
Revenue declined from $87K (FY2012) to $44K (FY2023) across 7 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $81K
Operating margin
38.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$81K
Total liabilities
$0
Net assets
$81K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $43,966▼13.0% | $27,237▼56.1% | $81,038▲27.0% | $81,038▲27.0% | 990EZ |
| 2022 | $50,547▼57.4% | $62,108▼52.5% | $63,826▼15.3% | $63,826▼15.8% | 990EZ |
| 2021 | $118,641▼44.9% | $130,881▲60.6% | $75,387▼78.7% | $75,787▼78.6% | 990EZ |
| 2020 | $215,136▲726% | $81,471▲150% | $354,662▲349% | $354,662▲349% | 990 |
| 2014 | $26,046▼25.7% | $32,635▼21.1% | $78,973▼7.7% | $78,973▼7.7% | 990EZ |
| 2013 | $35,068▼59.5% | $41,348▼56.6% | $85,562▼15.8% | $85,562▼15.8% | 990EZ |
| 2012 | $86,665 | $95,219 | $101,579 | $101,579 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $17K total
2 grants to Wessington Springs Area Chamber & Development totaling $17K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| South Dakota Community Foundation | Community welfare and betterment | 2019 | $10,000 |
| Avera Queen of Peace | Economic and community development | 2019 | $7,250 |
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Frequently asked questions
- Is Wessington Springs Area Chamber & Development a legitimate nonprofit?
- Yes. Wessington Springs Area Chamber & Development is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-0336659, based in Wessingtn Spg, South Dakota. Donations are tax-deductible.
- What is Wessington Springs Area Chamber & Development's EIN?
- Wessington Springs Area Chamber & Development's Employer Identification Number (EIN) is 46-0336659.
- How much revenue does Wessington Springs Area Chamber & Development report?
- Wessington Springs Area Chamber & Development reported $43,966 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Wessington Springs Area Chamber & Development have?
- CharityIndex grades Wessington Springs Area Chamber & Development C+, based on financial health (reserves and operating margin).
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Data for Wessington Springs Area Chamber & Development (EIN 46-0336659) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.