NonprofitsSouth Dakota Development Corporation

Community Improvement & Capacity Building

South Dakota Development Corporation

SIOUX FALLS, SD

Total revenue

$506K

Total expenses

$606K

Net assets

Grants received

EIN

460404566

Tax year

2024

Mission

The principle objective of the corporaiton shall be to benefit the state of south dakota by fostering increased employment opportunities and expansion of business and industry for the citizens of this state.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$500K
Investment income$6K
Other revenue
Total revenue$506K

Expenses

Grants paid
Salaries & benefits$345K
Fundraising
Other expenses$261K
Total expenses$606K
Total assets$213K
Net assets

People

14 listed

NameRoleCompensation

JENNIFER OBERG

EXECUTIVE DIRECTOR

Board

$106K

40 hrs/wk

DREW DUNCAN

DIRECTOR

Board

3 hrs/wk

JONI EKSTRUM

VICE CHAIRMAN

Board

3 hrs/wk

NATE ENGBERS

DIRECTOR

Board

3 hrs/wk

ALEX SOUNDY

SECRETARY

Board

3 hrs/wk

BRENT HEINERT

TREASURER

Board

3 hrs/wk

JULIE JOHNSON

DIRECTOR

Board

3 hrs/wk

ERIC CHRISTIANSON

DIRECTOR

Board

3 hrs/wk

JOHN SCHRAMM

DIRECTOR

Board

3 hrs/wk

RANDY SNYDERS

DIRECTOR

Board

3 hrs/wk

LUKE TIBBETTS

CHAIRMAN

Board

3 hrs/wk

KEVIN WAGNER

DIRECTOR

Board

3 hrs/wk

DEREK SIMONSEN

DIRECTOR

Board

3 hrs/wk

KYLE PETERS

DIRECTOR

Board

3 hrs/wk

Details

EIN460404566
NTEE codeS43
Subsection03
Ruling date2025-11
Formed1983
Employees6
Volunteers0
SOUTH DAKOTA DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo