Check before you give

Rosholt Improvement Association Inc

EIN 46-0345818 · Rosholt, SD

Public records raise at least one point you should look into before giving.

What it says it does

To provide low-income housing, manage two apartments, help with economic development, improve quality of life, and encourage a sense of community

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

$119,137 spent. Purchased a S.D. Governor's House (a state penitentiary project to train inmates in marketable trades that is sold to developers for low income housing that stipulates fixed income terms for buyer. House labor cost is free. Developer pays only for materials and cost of moving), and paid to have it placed on a full basement. We added a two-car garage.
Purchased a S.D. Governor's House (a state penitentiary project to train inmates in marketable trades that is sold to developers for low income housing that stipulates fixed income terms for buyer. House labor cost is free. Developer pays only for materials and cost of moving), and paid to have it placed on a full basement. The two-car garage will be completed in 2026.
We manage two apartment buildings (a 4-plex and an 8-plex) purchased through the Federal Housing Authority in the 1970s. They are well-maintained, and though we are no longer required to impose low-rent standards (loans were recently paid off), the rent is considered well below the going rate and would qualify as "low-rent by state standards. The apartments are very well-maintained, and there is always a waiting list. They are the only apartments available in our small town of 400.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2013 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.