Mission
Dedicated to serve the Brookings Area by enhancing the economic well-being of the City of Brookings and its surrounding areas and to improve its quality of life and prosperity.
Public Charity
Brookings Economic Development Corporation
Brookings Economic Development Corporation is a Public Charity headquartered in Brookings, SD. Financial data from the 2024 filing: $862K revenue, $1.2M expenses, $6.0M total assets. 6 publicly reported grants to this organization, totaling roughly $135K, appear in IRS filings.
EIN: 460440746
Brookings, SD
Latest filing: 2024
Total Revenue$862K
Total Expenses$1.2M
Total Assets$6.0M
Grant Records6
Funding Total$135K
Filing Years2019–2024
Where $100 goes at Brookings Economic Development Corporation
How Brookings Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
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 $100 for programs
$100
Enhance economic well-being of the Brookings and surrounding area
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 Received
Lobbyist Grant
$35,000
Covid Relief
$20,000
Sponsorship
$20,000
Sponsorship
$20,000
Sponsorship
$20,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
Director
Amanda Ver Helst
Director
Andrew Brown
Director
Andy Johnson
Sec/Treas
Angela Boersma
Director
Curt Lundquist
Director
Daniel Scholl
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $862K | $1.2M | $6.0M |
| 2023 | $778K | $961K | $6.2M |
| 2022 | $2.9M | $777K | $6.4M |
| 2020 | $761K | $1.1M | $4.3M |
| 2019 | $939K | $1.2M | $4.7M |
Between 2019 and 2024, reported annual revenue declined from $939K to $862K (-8%), with total assets most recently reported at $6.0M.
Interactive year-over-year charts and full filing details available with membership.