South Dakota · Nonprofit
PONDEROSA APARTMENTS INC
PONDEROSA APARTMENTS INC (South Dakota) receives grants from 4 organizations whose IRS filings report $77,392 to it, the largest being UNITED WAY OF THE BLACK HILLS ($53,392). 1 of them have funded it in more than one year.
- Revenue FY2024
- $3.0M
- Funders on record
- 4
- Grants received
- $77k
- Net assets
- $-2476441
What Ponderosa Apartments Inc does
Mission
To provide housing and related facilities for the elderly and disabled persons of the area. Based upon their respective incomes, rural development provides rental assistance for the low and very low income persons for most buildings
As stated on its FY2024 Form 990.
Program
Ponderosa apartments, inc provides and operates 6 apartment complexes with a total of 420 units for eligible elderly occupants as determined by rural development guidelines. This also includes subsidized meal service for the elderly.
$3,793,169 spent$3,128,954 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $3,793,169.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $16M to $17M (+9%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 6% · 2020 6% · 2021 5% · 2022 7% · 2023 5% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.
10% of PONDEROSA APARTMENTS INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $17k → $6k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PONDEROSA APARTMENTS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PONDEROSA APARTMENTS INC leans on a few funders — its largest provides 69% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PONDEROSA APARTMENTS INC.
Largest funder’s share by year: 2017 58% · 2018 100% · 2019 100% · 2020 55% · 2022 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of PONDEROSA APARTMENTS INC's grant income comes from South Dakota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $14k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PONDEROSA APARTMENTS INC is better cushioned than half of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Organizations like PONDEROSA APARTMENTS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In South Dakota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
98% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Pioneer Memorial Manor · exempt
Screen this organization
A dated, signed PDF of the compliance screen for PONDEROSA APARTMENTS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PONDEROSA APARTMENTS INC?
- PONDEROSA APARTMENTS INC (South Dakota) receives grants from 4 organizations whose IRS filings report $77,392 to it, the largest being UNITED WAY OF THE BLACK HILLS ($53,392). 1 of them have funded it in more than one year.
- How many funders does PONDEROSA APARTMENTS INC have?
- IRS filings report 4 organizations giving $77,392 in grants to PONDEROSA APARTMENTS INC, 1 of which have funded it in more than one year.
- Who is the largest funder of PONDEROSA APARTMENTS INC?
- UNITED WAY OF THE BLACK HILLS is the largest funder on record, with $53,392 in grants. The full list of funders is on this page.
- How can an organization like PONDEROSA APARTMENTS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in South Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Ponderosa Apartments →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing