Public Charity

NECOG Development Corporation

NECOG Development Corporation is a Public Charity headquartered in Aberdeen, SD. Financial data from the 2025 filing: $883K revenue, $168K expenses, $7.7M total assets.

EIN: 460434487 Aberdeen, SD Financial Institutions NTEE: W60 Latest filing: 2025
Total Revenue$883K
Total Expenses$168K
Total Assets$7.7M
Grant Records0
Filing Years2021–2025

Mission

To foster economic development, create/retain jobs, stimulate business opportunities, and attract/retrain business in northeast South Dakota through various economic programs and relationships with Federal, State and local officials.

Where $100 goes at NECOG Development Corporation

How NECOG Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$24 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 $76 for programs

$76
To Loan federal and state funds to local businesses and industries and to assis businesses in creating and retaining jobs for the region
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary/Treas Craig Oberle
Chairperson Donald Kallenberger
Executive Dir. Eric Senger
Director Heather Beck
Director Jason Jung
Vice Chair Scott Campbell

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $883K $168K $7.7M
2024 $665K $111K $7.0M
2023 $515K $133K $6.5M
2022 $373K $234K $6.3M
2021 $1.0M $380K $6.2M

Between 2021 and 2025, reported annual revenue declined from $1.0M to $883K (-13%), with total assets most recently reported at $7.7M.

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

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