PRIME THE PUMP FUND

Address
4615 NORTH LEWIS AVENUE
SIOUX FALLS, SD 57104
Contact
Phone: +1 (605) 965-2200
Nonprofit
NTEE: S41 - Promotion of Business
EIN: 46-5683903

Mission

The organizations purpose is to facilitate the development of the infrastructure for retail and wholesale distribution of higher blends of a cleaner, renewable fuel to benefit the environment, economy, and energy security of the United States.
 20162015
Basic features of the organization
Year of formation2014
Subsection code06
PF filing required0 
Metropolitan statistical area7760
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$0.00
Number of employees00
Number of people compensated >$100k00
Number of volunteers99
Number of highly compensated contractors00
Personnel
Becker, Todd
TitleDirectorDirector
Name of key/compensated personTODD BECKERTODD BECKER
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org1.001.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Average hours per week working for related orgs0.000.00
Broin, Jeff
TitleTreasurerTreasurer
Name of key/compensated personJEFF BROINJEFF BROIN
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org1.001.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Average hours per week working for related orgs0.000.00
Defenbaugh, Ray
TitleChairmanChairman
Name of key/compensated personRAY DEFENBAUGHRAY DEFENBAUGH
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org1.001.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Average hours per week working for related orgs0.000.00
Holzfaster, Jon
TitleSecretarySecretary
Name of key/compensated personJON HOLZFASTERJON HOLZFASTER
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org1.001.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Average hours per week working for related orgs0.000.00
Willis, Craig
TitlePresidentPresident
Name of key/compensated personCRAIG WILLISCRAIG WILLIS
Position of compensated person
Current individual trustee or directorTrueTrue
Average hours per week working for org1.001.00
Reportable compensation from org$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00
Average hours per week working for related orgs0.000.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesThe organizations purpose is to facilitate the development of the infrastructure for retail and wholesale distribution of higher blends of a cleaner, renewable fuel to benefit the environment, economy, and energy security of the United States.The organizations purpose is to facilitate the development of the infrastructure for retail and wholesale distribution of higher blends of a cleaner, renewable fuel to benefit the environment, economy, and energy security of the United States.
Programs, including revenue & expenses
IMPROVED MARKET ACCESS AND CONSUMER ACCEPTANCE OF E15 GASOLINE AND ETHANOL BLEND ("E15"), FLEX FUEL PUMPS, FLEX FUEL VEHICLES AND MID-LEVEL ETHANOL BLENDS, FURTHERING ETHANOL'S MARKET PENETRATION AND PROVIDING U.S CONSUMERS WITH GREATER FUEL CHOICES.
Program descriptionIMPROVED MARKET ACCESS AND CONSUMER ACCEPTANCE OF E15 GASOLINE AND ETHANOL BLEND ("E15"), FLEX FUEL PUMPS, FLEX FUEL VEHICLES AND MID-LEVEL ETHANOL BLENDS, FURTHERING ETHANOL'S MARKET PENETRATION AND PROVIDING U.S CONSUMERS WITH GREATER FUEL CHOICES.IMPROVED MARKET ACCESS AND CONSUMER ACCEPTANCE OF E15 GASOLINE AND ETHANOL BLEND ("E15"), FLEX FUEL PUMPS, FLEX FUEL VEHICLES AND MID-LEVEL ETHANOL BLENDS, FURTHERING ETHANOL'S MARKET PENETRATION AND PROVIDING U.S CONSUMERS WITH GREATER FUEL CHOICES.
Financial data
Revenue
Total revenue$16,428,906.00$9,830,300.00
Revenue from contributions (total)$16,426,250.00$9,828,250.00
Investment income, current yr$2,656.00$2,050.00
Total revenue from grants, etc., current yr$16,426,250.00$9,828,250.00
Total unrelated business revenue$0.00$0.00
Other revenue, current yr$0.00$0.00
Program service revenue (total)$0.00$0.00
Gross receipts$16,428,906.00$9,830,300.00
Sources of contributions
Contributions revenue from membership dues$16,426,250.00$9,828,250.00
Other types of revenue
Royalties (total)$0.00$0.00
Miscellaneous revenue (total)$0.00$0.00
Net revenue from gaming (total)$0.00$0.00
Income from dividends, interest, and similar investments$2,656.00$2,050.00
Net rental income$0.00$0.00
Net income from fundraising events$0.00$0.00
Net inventory sales (total)$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$16,658,137.00$4,245,617.00
Total functional expenses: program service $16,658,137.00$4,245,617.00
Total functional expenses: management and general$0.00$0.00
Total functional expenses: fundraising$0.00$0.00
Fees for services
Lobbying fees (total)$0.00$0.00
Legal fees (total)$0.00$0.00
Fundraising service fees (total)$0.00$0.00
General management fees (total)$130,000.00$0.00
Investment management fees (total)$0.00$0.00
Assets and liabilities
Total assets$24,189,157.00$24,418,388.00
Total assets, beginning of year$24,418,388.00$18,833,705.00
Total liabilities$0.00$0.00
Pledges & accounts receivable, net$0.00$0.00
Loans & receivables from key persons$0.00$0.00
Net assets$24,189,157.00$24,418,388.00
Net assets, beginning of year$24,418,388.00$18,833,705.00
Intangible assets$0.00$0.00
Other assets$0.00$0.00
Investments: other securities$0.00$0.00
Investments: publicly traded securities$0.00$0.00
Cash: non-interest bearing$24,189,157.00$24,418,388.00
Cash: non-interest bearing, beginning of year$24,418,388.00$18,833,705.00
Investments -- program-related$0.00$0.00
Inventories for sale or use$0.00$0.00
Other financial variables
Revenue less expenses-$229,231.00$5,584,683.00
Advertising (total)$0.00$0.00
Savings & temp cash investment$0.00$0.00
Accounts receivable, net$0.00$0.00
Prepaid expenses & deferred charges$0.00$0.00
Total net assets or fund balances$24,189,157.00$24,418,388.00
Depreciation, depletion, amortization$0.00$0.00
Payment to affiliates$0.00$0.00
Governance and accountability
Number of voting members55
Number of independent voting members00
Cash accountingTrueTrue
Tax year start date2016-01-012015-01-01
Tax year end date2016-12-012015-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990
Date e-filing submitted2017-09-082016-10-21
IRS schema version2016v3.02015v2.0
Filing identifier201711439349300826201631879349301003
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