Interesting data from their 2019 990 filing

The purpose of the non-profit is stated in the filing as “Rural economic & community development - basec was formed to accept public and private funds to raise the economic welfare, educational levels, and social levels of residents in the basec area. the primary operation is to utilize a broad range of programs and initiatives to promote revitalization of the area under the program areas of business development, farm income development, housing development, and housing preservation. basec maintains a revolving loan fund funded through grant and loan programs.”.

Their activities were defined as: “Rural economic & community development - basec was formed to accept public and private funds to raise the economic welfare, educational levels, and social levels of residents in the basec area. the primary operation is to utilize a broad range of programs and initiatives to promote revitalization of the area under the program areas of business development, farm income development, housing development, and housing preservation. basec maintains a revolving loan fund funded through grant and loan programs.”.

• As per legal requirements, the non-profit's state of operation is reported as SD.
• The non-profit's address in 2019 as per the filing is PO BOX 139, TULARE, SD, 57476.
• The form of the non-profit organization shows 3 employees as of 2019.
• The non-profit has outstanding loans as of 2019.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are between $250,000 and $500,000.
• Revenue is between $250,000 and $500,000.
• Revenue less expenses is $22,550.
• The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 8 independent voting members.
• The organization was formed in 1995.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule O.
• The organization's financial statements were compiled or reviewed by an accountant.
• The organization pays $160,508 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.