NonprofitsDakota Resources

Religion-Related

Dakota Resources

RENNER, SD

Total revenue

$4.9M

Total expenses

$3.0M

Net assets

$16.9M

Grants received

$1.6M

20 grants

EIN

460442430

Tax year

2024

Mission

Connecting capacity and capital to empower rural communities.

Programs

2 programs

Through capacity building programs, dakota resources helps rural communities thrive through innovative processes, tools, training, and resources. The development services programs are designed to enhance rural community and economic development leadership development. The dakota resources learning network is designed to help rural economic development leaders connect and engage with one another in order to learn faster together about topics that matter most to rural economic and community development, including engaging people, supporting housing development, supporting local businesses and managing local economic development organizations. The learning network includes: - live/on-demand webinars - in-person peer-to-peer learning conferences - weekly online interactive stories and best practices - open-source toolkits and resource library our community coaching program helps rural community and economic development leaders to level up their skills to empower local people and organizations to lead action. On-demand coaching services provide access to capacity-building tools and processes.

Expenses: $1.0MGrants: $2K

Dakota resources owns 51% of dakotas america, llc, which was formed through a joint venture solely for the purpose of applying for allocations of new markets tax credits (nmtc) from the us department of treasury cdfi fund. Dakotas america, llc is a rural community development entity (cde) with a national service area. The mission is to provide nmtc investment to the most isolated, distressed and underserved areas of the united states. Dakota resources has a management agreement in place to manage dakotas america through december 31, 2024. Since inception, dakotas america has been awarded seven allocations of authority to issue $460,000,000 of qualified equity investments (qei).

Expenses: $89K

Financials

FY 2024

Revenue

Contributions & grants$2.3M
Program service revenue$2.4M
Investment income$297K
Other revenue$2K
Total revenue$4.9M

Expenses

Grants paid$3K
Salaries & benefits$1.3M
Fundraising$11K
Other expenses$1.7M
Total expenses$3.0M
Total assets$41.5M
Net assets$16.9M

People

19 listed

NameRoleCompensation

JOE BARTMANN

PRESIDENT

Board

$191K

40 hrs/wk

LORA WADKINS

DIRECTOR OF COMPLIANCE, CONTROLLER

Board

$106K

40 hrs/wk

CALEB FINCK

BOARD MEMBER

Board

0.5 hrs/wk

GARRETT SCHWEITZER

BOARD MEMBER

Board

0.5 hrs/wk

JACQSON COLLINS

BOARD MEMBER

Board

0.5 hrs/wk

LISA CARRICO

BOARD MEMBER

Board

0.5 hrs/wk

CONNIE HALVERSON

BOARD MEMBER

Board

0.5 hrs/wk

PATRI ACEVEDO FUENTES

BOARD MEMBER

Board

0.5 hrs/wk

MARK LITTON

CHAIR

Board

2 hrs/wk

RYAN MULDER

BOARD MEMBER

Board

0.5 hrs/wk

SKYA DUCHENEAUX

BOARD MEMBER

Board

0.5 hrs/wk

LYNN KENDALL

BOARD MEMBER

Board

0.5 hrs/wk

BRYAN BREITLING

BOARD MEMBER

Board

0.5 hrs/wk

TANYA OLSON

BOARD MEMBER

Board

0.5 hrs/wk

ERICA STONE

BOARD MEMBER (NOV-DEC)

Board

0.5 hrs/wk

LINDA SALMONSON

BOARD MEMBER

Board

0.5 hrs/wk

HEIDI ZELLER-CRAWFORD

VICE CHAIR

Board

1 hrs/wk

JUSTIN GRAY

SECRETARY/TREASURER

Board

1 hrs/wk

KRISTI WAGNER - DIRECTOR OF

ORGANIZATION RELATIONSHIPS & COMMUNITY COACH

Staff

$136K

40 hrs/wk

Independent contractors

DUSTIN J LUDENS

MANAGEMENT SERVICES

$203K

CATALYST DEVELOPMENT LLC

MANAGEMENT SERVICES

$157K

Grants received

Showing 20 of 20

FromAmountPurposeYear
$352K
Community welfare and betterment
2024
$7K
General Operating Support
2024
$160K
DAKOTA RESOURCES IS A CAPACITY PROVIDER THAT PRIMARILY SUPPORTS SMALL, RURAL COMMUNITIES IN SOUTH DAKOTA. THEY OPERATE A VARIETY OF PROGRAMS TO SUPPORT COMMUNITY DEVELOPMENT IN TOWNS ACROSS THE STATE, INCLUDING PROVIDING FINANCIAL SUPPORT, TRAINING, TECHNICAL ASSISTANCE AND SUPPORTING LEADERSHIP NETWORKS. ECOSYSTEM GRANTS PROVIDE GENERAL OPERATING SUPPORT FOR ORGANIZATIONS THAT SUPPORT OTHERS TO SOLVE PROBLEMS IN THEIR COMMUNITIES.
2023
$25K
Donation
2023
$10K
Community welfare and betterment
2023
$200K
FINANCE JUSTICE FUND SUBGRANT
2022
$100K
Community welfare and betterment
2022
$100K
THIS ECOSYSTEM GRANT PROVIDES GENERAL OPERATING SUPPORT FOR DAKOTA RESOURCES TO HELP ADVANCE ITS CHARITABLE MISSION
2022
$25K
Sponsorship
2022
$75K
CF RELENDING
2021
$25K
Sponsorship
2021
$214K
UPLIFT AMERICA FUND
2020
$110K
THIS ECOSYSTEM GRANT PROVIDES GENERAL OPERATING SUPPORT FOR DAKOTA RESOURCES TO HELP ADVANCE ITS CHARITABLE MISSION
2020
$25K
Sponsorship
2020
$25K
IDENTIFY, RECRUIT, ENGAGE AND SUPPORT A COHORT OF 20 LEADERS TO ATTEND BUSHCONNECT 2020
2020
$15K
SPONSORSHIP OF RURALX
2020
$6K
Community welfare and betterment
2020
$45K
Sponsorship
2019
$75K
For grant recipient's exempt purposes
2018
$35K
Sponsorship
2017

Funded by

$1.6M from 7 funders · 20 grants · 2017–2024

South Dakota Community Foundation

$468K · 4 grants · 2020–2024

The Bush Foundation

$410K · 5 grants · 2020–2023

Opportunity Finance Network

$275K · 2 grants · 2021–2022

Northwest Area Foundation

$214K · 1 grant · 2020

Avera Health

$180K · 6 grants · 2017–2023

Details

EIN460442430
NTEE codeX99
Subsection03
Ruling date1996-09
Formed1996
Employees10
Volunteers29
DAKOTA RESOURCES — Mission, Financials & Grants Received | Grantivo