Public Charity

HERREID ECONOMIC DEVELOPMENT

Based in HERREID, SD, HERREID ECONOMIC DEVELOPMENT operates as a Public Charity. The organization reported $16K in revenue, $21K in expenses, $543K in total assets for fiscal year 2024. Imperigo tracks 2 reported grants from this foundation totaling approximately $27K.

EIN: 460412223 HERREID, SD Latest filing: 2024
Total Revenue$16K
Total Expenses$21K
Total Assets$543K
Grants Given2
Grant Total$27K
Filing Years2019–2024

Mission

THE HERREID ECONOMIC DEVELOPMENT CORPORATION'S MISSION IS TO PROMOTE, ASSIST, ENCOURAGE AND DEVELOP THE BUSINESS AND ECONOMIC PROSPERITY IN HERREID, SOUTH DAKOTA AND THE SURROUNDING AREA. TO ENCOURAGE NEW INDUSTRIES AND TO REHABILITATE EXISTING INDUSTRIES, AND TO PROMOTE THE AGRICULTURAL AND BUSINESS DEVELOPMENT OF HERREID, SOUTH DAKOTA AND THE SURROUNDING AREA; TO SECURE GRANTS AND OTHER FUNDS IN AID OF SAID PURPOSES, AND TO PROMOTE AND PROVIDE JOBS FOR INDIVIDUALS IN HERREID, SOUTH DAKOTA.

Sample Grants Given

HERREID AREA HOUSING DEVELOPMENT
HERREID, SD
$15,000
HERREID AREA HOUSING DEVELOPMENT
HERREID, SD
$12,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

DIRECTOR Beth Fjeldheim
TREASURER Brad Schuetzle
DIRECTOR Brady Vander Vorst
DIRECTOR Gary Weismantel
DIRECTOR Heidi Meidinger
PRESIDENT Kayla Huber

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$27,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $16K $21K $543K
2023 $17K $56K $548K
2021 $14K $13K $594K
2020 $108K $18K $593K
2019 $13K $5K $508K

Between 2019 and 2024, reported annual revenue grew from $13K to $16K (+23%), with total assets most recently reported at $543K.

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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