Public Charity

Aberdeen Development Corporation

Aberdeen Development Corporation is a Public Charity headquartered in Aberdeen, SD. Financial data from the 2024 filing: $912K revenue, $1.3M expenses, $10.7M total assets. 12 publicly reported grants to this organization, totaling roughly $155K, appear in IRS filings.

EIN: 466011831 Aberdeen, SD Latest filing: 2024
Total Revenue$912K
Total Expenses$1.3M
Total Assets$10.7M
Grant Records12
Funding Total$155K
Filing Years2019–2024

Mission

Recruit, retain, expand, and provide entrepreneurial support to enhance economic opportunity in Aberdeen and our surrounding region.

Officers & Directors

Director Adam Butcher
Director Char Hager
Director David Kreber
Director Jeff Lee
Director Katie Washnok
Director Keri Satrang

Officer compensation and complete director data available with membership.

Top Grant Purposes

Painting of murals on public buildings in downtown Aberdeen and building improvements at Malchow's Plaza.
$53,625 1 grant
Sponsorship
$37,500 4 grants
ECONOMIC DEVELOPMENT
$20,000 2 grants
Community Development
$10,000 1 grant
ECONOMIC DEVELOPMENT,COMMUNITY HEALTH IMPROVEMENT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $912K $1.3M $10.7M
2023 $921K $1.7M $11.5M
2022 $1.6M $1.0M $12.1M
2020 $2.5M $1.4M $17.0M
2019 $1.4M $2.5M $15.2M

Between 2019 and 2024, reported annual revenue declined from $1.4M to $912K (-36%), with total assets most recently reported at $10.7M.

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

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