Public Charity

SOUTH DAKOTA DEVELOPMENT CORPORATION

SOUTH DAKOTA DEVELOPMENT CORPORATION is a private foundation categorized as Public Charity based in SIOUX FALLS, SD. Its most recent IRS filing (2024) reports revenue of $506K, expenses of $606K, total assets of $213K. Imperigo tracks 1 reported grants from this foundation totaling approximately $7.4M.

EIN: 460404566 SIOUX FALLS, SD Latest filing: 2024
Total Revenue$506K
Total Expenses$606K
Total Assets$213K
Grants Given1
Grant Total$7.4M
Filing Years2019–2024

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.

Sample Grants Given

GOED
PIERRE, SD · 2018
SPECIAL REVENUE FUND
$7,426,546

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

SECRETARY Alex Soundy
TREASURER Brent Heinert
DIRECTOR Derek Simonsen
DIRECTOR Drew Duncan
DIRECTOR Eric Christianson
EXECUTIVE DIRECTOR Jennifer Oberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

SPECIAL REVENUE FUND
$7,426,546 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $506K $606K $213K
2023 $640K $550K $182K
2022 $434K $561K $115K
2020 $204K $410K $202K
2019 $105K $316K $422K

Between 2019 and 2024, reported annual revenue grew from $105K to $506K (+381%), with total assets most recently reported at $213K.

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.

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