2023-05-01T13:32:26-05:00 2022-12-31 450350118 SCHAUER & ASSOCIATES PC PO BOX 1808 JAMESTOWN ND 584021808 990 2022-01-01 450424540 JAMESTOWNSTUTSMAN DEVELOPMENT CORPORATION JAME 7012526861 P O BOX 293 JAMESTOWN ND 584020293 TORY HART PRESIDENT 7012526861 2023-05-01 1 TORY HART 999009999 0 DUANE R DUNN P00036300 7012525422 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TORY HART P O BOX 293 JAMESTOWN ND 584020293 1962069 0 X WWW.GROWINGJAMESTOWN.COM X 1991 ND ECONOMIC DEVELOPMENT 13 13 5 0 276279 59190 1627446 1581099 12792 16270 -28 0 404527 364700 2044737 1962069 700685 403492 0 0 299306 319675 0 0 0 279500 282004 1279491 1005171 765246 956898 14818717 16492618 6759079 7476082 8059638 9016536 X IN CONCERT WITH THE CITY OF JAMESTOWN AND STUTSMAN COUNTY AND UTILIZING THEIR SUPPLIED FUNDNG, JSDC IS DEDICATED TO AREA ECONOMIC DEVELOPMENT GROWTH AND DIVERSIFICATION WITH SPECIFIC FOCUS ON INCREASING AND/OR PRESERVING PRIMARY SECTOR JOBS, BUSINESS AND INDUSTRIAL DEVELOPMENT, CREATING, FOSTERING, AND MAINTAINING BUSINESS AND TRADE ACTIVITIES, ENCOURAGING AND PROVIDING INCENTIVES FOR BUSINESS ENTREPRENEURS TO LOCATE/RELOCATE TO OUR COMMUNITY 0 0 808433 403492 104691 ATTRACT NEW BUSINESS AND INDUSTRY AND SUPPORT EXISTING BUSINESS AND INDUSTRY 808433 0 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 5 0 5 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CONNIE J OVA 7012526861 120 2ND STREET SE JAMESTOWN ND 58401 X DAVID STEELE DIRECTOR 1.00 X 0 0 0 TOM SILBERNAGEL DIRECTOR 1.00 X 0 0 0 STEVE CHICHOS DIRECTOR 1.00 X 0 0 0 ROD JOHNSON DIRECTOR 1.00 X 0 0 0 DWAINE HEINRICH DIRECTOR 1.00 X 0 0 0 JEN DOCKTER DIRECTOR 1.00 X 0 0 0 MARK KLOSE DIRECTOR 1.00 X 0 0 0 JEREMY RHAM DIRECTOR 1.00 X 0 0 0 TONYA PERKINS DIRECTOR 1.00 X 0 0 0 MARLEE SIEWERT PRESIDENT 1.00 X 0 0 0 TORY HART VICE PRESIDENT 1.00 X 0 0 0 KELLY RACHEL PAST PRESIDENT 1.00 X 0 0 0 NICK SCHAUER SECRETARY- TREASUER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1581099 1581099 EXPENSE REIMBURSEMENT 532000 16270 16270 16270 87721 0 87721 87721 87721 INCOME FROM SUBSIDIARY 531190 276279 276279 MISCELLANEOUS 900099 700 700 276979 1962069 104691 276279 0 403492 403492 111516 83637 27879 144471 96172 48299 11624 8623 3001 32793 22576 10217 19271 13536 5735 96 86 10 4069 3662 407 22850 20565 2285 27720 27720 2035 1296 739 4626 1157 3469 47040 29165 17875 1018 255 763 21129 19016 2113 2109 2109 106180 53090 53090 3723 3723 EQUIPMENT, LEASE & REPA 18242 4244 13998 FEDERAL INCOME TAXES 12430 12430 REPAYMENT OF LEASE INCO 4361 4361 DUES & SUBSCRIPTIONS 3142 2828 314 1234 522 712 1005171 808433 196738 0 920466 1807913 183016 211410 3342398 3912073 18066 16442 4003472 573212 3516530 3430260 6838241 7114520 14818717 16492618 264499 388078 177506 159206 6219148 6854818 97926 73980 6759079 7476082 X 7469039 530665 590599 8485871 8059638 9016536 14818717 16492618 956898 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 X 105889 105889 970422 365892 604530 169931 110817 59114 2757230 96503 2660727 3430260 INVESTMENT IN PRECISION STOCK 75000 C INVESTMENT, SEPA 7039520 C 7114520 3950 CAPITAL LEASE PAYABLE 60744 CAPITAL LEASE PAYABLE - CURRENT 9286 73980 X 1962069 0 1962069 0 1962069 1005171 0 1005171 0 1005171 PART IV, LINE 2B: JSDC RECEIVES MONEY FROM THE CITY OF JAMESTOWN AND STUTSMAN COUNTY, WHICH IS THEN LOANED TO BUSINESSES FOR ECONOMIC DEVELOPMENT UNDER THE PACE AND FLEX PACE LOAN PROGRAMS AND NEW JOBS TRAINING PROGRAM. JSDC HAS ENTERED INTO AN AGREEMENT WITH THE CITY AND COUNTY THAT ALL LOAN PAYMENTS, INCLUDING PRINCIPAL AND INTEREST, AND ANY OTHER FUNDS RECEIVED BY THE CORPORATION SHALL BE RETURNED TO THE CITY AND COUNTY BASED UPON THEIR PROPORTION OF THE INITIAL CONTRIBUTION. PART X, LINE 2: INCOME TAXES THE CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION AND HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTON 501 (C) (4) OF THE U.S. INTERNAL REVENUE CODE. THEREFORE, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX FOR CORPORATION RELATED ACTIVITIES, HOWEVER IT IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ON ITS PORTION OF TAXABLE INCOME OF ACTIVITIES UNRELATED TO ITS TAX EXEMPT PURPOSE. THE CORPORATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IT IS THE OPINION OF MANAGEMENT THAT THE CORPORATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL AND STATE INCOME TAX RETURNS OF THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. 1 JAMESTOWN TOURISM 404 LOUIS LAMOUR LANE JAMESTOWN ND 58401 810618632 501 (C) (3) 75000 0 ECONOMIC DEVELOPMENT SOUTH CENTRAL DAKOTA REGIONAL COUNCIL 429 2ND ST SW SUITE 208 JAMESTOWN ND 58401 450319431 501 (C) (3) 36458 0 ECONOMIC DEVELOPMENT 2 FORM 990, PART VI, SECTION B, LINE 11B A COPY IS PROVIDED TO THE FULL BOARD AT A MEETING WHERE IT IS REVIEWED AND APPROVED FOR FILING FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST DECLARATION IS THE SECOND ITEM ON THE MONTHLY BOARD AGENDAS FOR DIRECTORS TO DECLARE REGARDING BUSINESS TO BE CONDUCTED AT THE MEETING FORM 990, PART VI, SECTION B, LINE 15A THE BOARD ANNUALLY EVALUATES THE EXECUTIVE DIRECTOR AND APPROVES ANY CHANGES IN COMPENSATION FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE POSTED ON THE ORGANIZATIONS WEBSITE. THE CONFLICT OF INTEREST POLICY IS INCLUDED ON THE MONTHLY AGENDA AND THE BOARD MEETINGS ARE OPEN TO THE PUBLIC. THE EXECUTIVE DIRECTOR'S ANNUAL REPORT IS POSTED ON THE WEBSITE AND THE ANNUAL AUDIT IS DISTRIBUTED AT THE ANNUAL MEETING FORM 990, PART XII, LINE 2C: THE FULL BOARD SELECTS INDEPENDENT AUDITOR AND MEETS WITH THE AUDITOR AT THE END TO DISCUSS THE AUDITED FINANCIAL STATEMENTS. SPIRITWOOD ENERGY PARK ASSOCIATION PO BOX 2092 JAMESTOWN ND 584022092 901009508 LEASING ND LEASING 300949 3388811 0 1 0.78010 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SPIRITWOOD ENERGY PARK ASSOCIATON B CAPITAL CONTRIBUTION SPIRITWOOD ENERGY PARK ASSOCIATON D CASH PAID ON LOAN