Mission
THE GOAL OF THE ORGANIZATION IS TO PROMOTE, ENCOURAGE, AND ADVANCE THE DEVELOPMENT OF PRIVATE ENTERPRISE, COMMUNITY DEVELOPMENT, AREA TOURISM, INDUSTRY & BUSINESS, IN GRANT COUNTY, SOUTH DAKOTA.
Public Charity
GRANT COUNTY DEVELOPMENT CORPORATION
GRANT COUNTY DEVELOPMENT CORPORATION, of MILBANK, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.2M in revenue, $909K in expenses, $2.0M in total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $1.5M.
EIN: 363452396
MILBANK, SD
Latest filing: 2024
Total Revenue$1.2M
Total Expenses$909K
Total Assets$2.0M
Grants Given5
Grant Total$1.5M
Filing Years2020–2024
Where $100 goes at Grant County Development Corporation
How Grant County Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$92
The economic development program is dedicated to the development of private enterprise, local employment opportunities, area tourism and community growth through the expansion of business and industry in…
$1
The intermediary relending program provides low interest loans to local intermediaries that re-lend to businesses and for community development projects in rural communities
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
JAG DEVELOPMENT LLC
HOUSING DEVELOPMENT
$372,018
JANMARK INC
HOUSING DEVELOPMENT
$350,000
JAG DEVELOPMENT LLC
HOUSING DEVELOPMENT
$500,000
ROSEWOOD APTS LLC
PROVIDE HOUSING IN MILBANK, SOUTH DAKOTA
$222,848
MILBANK CHAMBER OF COMMERCE
ASSIST BUSINESSES IN MILBANK, SOUTH DAKOTA
$43,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
DIRECTOR
Brian Sandvig
DIRECTOR
Brian Trapp
DIRECTOR
Dave Hicks
SECRETARY
Dave Page
DIRECTOR
Jeff Kurtz
DIRECTOR
Jim Gesswein
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.2M | $909K | $2.0M |
| 2023 | $872K | $608K | $1.3M |
| 2022 | $430K | $112K | $1.1M |
| 2021 | $151K | $121K | $806K |
| 2020 | $304K | $401K | $841K |
Between 2020 and 2024, reported annual revenue grew from $304K to $1.2M (+280%), with total assets most recently reported at $2.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in SD.
SD
Full geographic grant map with state-by-state breakdown available with membership.