Mission
ECONOMIC DEVELOPMENT IN THE WATERTOWN, SOUTH DAKOTA AREA.
Public Charity
WATERTOWN DEVELOPMENT COMPANY
WATERTOWN DEVELOPMENT COMPANY is a Public Charity headquartered in WATERTOWN, SD. Financial data from the 2025 filing: $2.4M revenue, $2.8M expenses, $23.1M total assets. 10 publicly reported grants to this organization, totaling roughly $436K, appear in IRS filings.
EIN: 466012194
WATERTOWN, SD
Latest filing: 2025
Total Revenue$2.4M
Total Expenses$2.8M
Total Assets$23.1M
Grant Records10
Funding Total$436K
Filing Years2021–2025
Sample Grants Received
GENERAL SUPPORT
$100,000
Economic Development
$10,000
SUPPORT NEW BUSINESS DEVELOPMENT
$40,000
SUPPORT NEW BUSINESS DEVELOPMENT
$80,000
SUPPORT NEW BUSINESS DEVELOPMENT
$40,000
Showing up to 5 of 10 total records — full history available with membership.
Officers & Directors
CHAIR
Alan Stager
DIRECTOR
Andre Keller
EXECUTIVE DI
Christopher Clifton
DIRECTOR
Corey Baloun
DIRECTOR
Dan Garvey
DIRECTOR
Doug Sharp
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.4M | $2.8M | $23.1M |
| 2024 | $3.7M | $4.1M | $30.6M |
| 2023 | $1.4M | $2.4M | $26.0M |
| 2022 | $1.5M | $2.3M | $26.8M |
| 2021 | $2.1M | $2.5M | $26.3M |
Between 2021 and 2025, reported annual revenue grew from $2.1M to $2.4M (+14%), with total assets most recently reported at $23.1M.
Interactive year-over-year charts and full filing details available with membership.