Public Charity

WATERTOWN DEVELOPMENT COMPANY

WATERTOWN DEVELOPMENT COMPANY is a Public Charity headquartered in WATERTOWN, SD. Financial data from the 2024 filing: $3.7M revenue, $4.1M expenses, $30.6M total assets. 10 publicly reported grants to this organization, totaling roughly $436K, appear in IRS filings.

EIN: 466012194 WATERTOWN, SD Latest filing: 2024
Total Revenue$3.7M
Total Expenses$4.1M
Total Assets$30.6M
Grant Records10
Funding Total$436K
Filing Years2020–2024

Mission

ECONOMIC DEVELOPMENT IN THE WATERTOWN, SOUTH DAKOTA AREA.

Officers & Directors

DIRECTOR Amanda Mack
DIRECTOR Brent Hasslen
EXECUTIVE DI Christopher Clifton
DIRECTOR Corey Baloun
DIRECTOR Dan Garvey
DIRECTOR Dustin Flatten

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT NEW BUSINESS DEVELOPMENT
$200,000 4 grants
GENERAL SUPPORT
$100,000 1 grant
COMMUNITY DEVELOPMENT
$70,000 2 grants
ASSIST WITH BRINGING NEW BUSINESSES TO TOWN.
$35,000 1 grant
COMMUNITY IMPROVEMENTS
$20,560 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $2.1M $1.6M $22.1M

Between 2020 and 2024, reported annual revenue grew from $2.1M to $3.7M (+76%), with total assets most recently reported at $30.6M.

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

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