SOUTHEAST TECHNICAL INSTITUTE HOUSING FOUNDATION

SIOUX FALLS, SD, 57107-1301 (605) 367-5751 Est. 2001 EIN 46-2014496

L20 - Housing Development, Construction & Management 990 - Public charity return 501(c)(3)

Mission

DEVELOP, OWN, MANAGE AND OPERATE STUDENT HOUSING EXCLUSIVELY FOR THE BENEFIT OF SOUTHEAST TECHNICAL INSTITUTE, A PUBLIC INSTITUTION, OR ORGANIZATIONS CLOSELY RELATED IN PURPOSE TO SOUTHEAST TECHNICAL INSTITUTE.

Financials

Total Revenue

$1,259,117

Total Expenses

$1,168,632

Net Assets

$1,498,118

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

15.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 12.5%

Expenses ↑ 16.8%

Revenue Sources

Earned revenue 91.5% Investment 3.5% Other 5.0%

Expense Breakdown

Program 98.9% Management 1.1%

Officers & Key Employees (4)

Individual compensation is available on Grow plans.

Grants Received (1)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,259,117 ↑	$1,168,632	$1,498,118
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,119,419 ↑	$1,000,890	$1,407,633
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$1,090,164 ↑	$885,410	$1,289,104
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$1,057,444 ↑	$852,516	$1,084,350
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$869,814 ↓	$871,918	$879,422
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$1,018,318	$861,422	$765,458