NonprofitsWest River Foundation For Economic And Community Development

Community Improvement & Capacity Building

West River Foundation For Economic And Community Development

STURGIS, SD

Total revenue

$4.7M

Total expenses

$1.7M

Net assets

$8.2M

Grants received

EIN

460457322

Tax year

2024

Mission

To recruit businesses from other states and to expand in-state business including administering an economic development and relending program.

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue$1.2M
Investment income$94K
Other revenue$56
Total revenue$4.7M

Expenses

Grants paid$21K
Salaries & benefits$183K
Fundraising
Other expenses$1.5M
Total expenses$1.7M
Total assets$17.7M
Net assets$8.2M

People

6 listed

NameRoleCompensation

RONALD ROSENBOOM

EXECUTIVE DIRECTOR

Board

$51K

20 hrs/wk

DONALD ANDERSEN

PRESIDENT

Board

$4K

2 hrs/wk

TIM CRAWFORD

VICE PRESIDENT

Board

$4K

2 hrs/wk

SHIRLEY HALVERSON

TREASURER

Board

$4K

2 hrs/wk

WILLIAM TERMES

SECRETARY

Board

$4K

2 hrs/wk

JAMES DOOLITTLE

DIRECTOR

Board

$4K

2 hrs/wk

Independent contractors

WEST RIVER FOUNDATION

ADMINISTRATIVE FEES

$240K

Details

EIN460457322
NTEE codeS30
Subsection06
Ruling date2000-10
Formed2000
Employees4
Volunteers0
WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT — Mission, Financials & Grants Received | Grantivo