Public Charity

RESEARCH PARK AT SDSU

RESEARCH PARK AT SDSU is a Public Charity headquartered in BROOKINGS, SD. Financial data from the 2024 filing: $1.7M revenue, $1.8M expenses, $38.7M total assets. 6 publicly reported grants to this organization, totaling roughly $552K, appear in IRS filings.

EIN: 202506183 BROOKINGS, SD Latest filing: 2024
Total Revenue$1.7M
Total Expenses$1.8M
Total Assets$38.7M
Grant Records6
Funding Total$552K
Filing Years2020–2024

Mission

THE SDSU GROWTH PARTNERSHIP, LTD IS DEDICATED TO SERVE THE BROOKINGS AREA, THE STATE OF SOUTH DAKOTA AND ADJACENT COMMUNITIES AND STATES. TO ACCOMPLISH THIS GOAL, A LONG-TERM DEVELOPMENT STRATEGY HAS BEEN INCORPORATED THAT WILL, OVER DECADES, BUILD UP AN ECONOMIC BASE OF NEWLY DEVELOPED TECHNOLOGIES AND BUSINESSES WHICH WILL EXPAND THROUGHOUT THE REGION AND STATE OF SOUTH DAKOTA. THE RESEARCH PARK WILL CONTINUE TO EXPAND WITH ADDITIONAL BUILDINGS AND RESEARCH PROJECTS, ENHANCING THE ECONOMIC WELL-BEING OF THE CITY OF BROOKINGS AND ITS SURROUNDING AREAS AND IMPROVE ITS QUALITY OF LIFE AND PROSPERITY. THE WHOLE INTENT OF THE PARK IS TO EXPAND AND COMMERCIALIZE UNIVERSITY AND LOCAL INNOVATION. JOB CREATION, EMPLOYEE WEALTH, AND NEW BUSINESS DEVELOPMENT ARE CORE PILLARS TO THE ORGANIZATION.

Officers & Directors

BOARD MEMBER Dr Barry Dunn
CEO/EXECUTIVE DIRECTOR/SEC Dwaine Chapel
CHAIRMAN Jay Bender
BOARD MEMBER Jeff Patridge
BOARD MEMBER Jim Morgan
BOARD MEMBER Kevin Tetzlaff

Officer compensation and complete director data available with membership.

Top Grant Purposes

Pass-Through
$480,000 4 grants
Campaign VB2027
$72,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.7M $1.8M $38.7M
2023 $4.0M $1.3M $38.8M
2022 $17.8M $864K $37.7M
2021 $2.3M $769K $19.7M
2020 $1.5M $684K $17.6M

Between 2020 and 2024, reported annual revenue grew from $1.5M to $1.7M (+16%), with total assets most recently reported at $38.7M.

Interactive year-over-year charts and full filing details available with membership.

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