Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
990 • Fiscal year 2021 • EIN 46-0243934
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Top officer pay equals 3.3% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Assets
Up$50,584,468
Up $3,188,446 (+6.7%) from 2020
Net Assets
Up$44,033,877
Up $8,997,323 (+26%) from 2020
Liabilities
Down$6,550,591
Down $5,808,877 (-47%) from 2020
Revenue
Up$7,701,176
Up $4,499,275 (+141%) from 2020
Expenses
Up$2,269,051
Up $342,078 (+18%) from 2020
Net Income
Up$5,432,125
Up $4,157,197 (+326%) from 2020
To collaboratively create quality economic growth and workforce development in sioux falls.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $33,255,320 | $29,762,695 | ▼ $3,492,625 |
| Pledges and Grants Receivable | - | $3,581,079 | - |
| Investments Program Related | $2,835,816 | $2,190,435 | ▼ $645,381 |
| Savings and Temporary Cash Investments | $265,371 | $628,643 | ▲ $363,272 |
| Land, Buildings, and Equipment, Net | $109,894 | $123,954 | ▲ $14,060 |
| Accounts Receivable | $238,296 | $4,456 | ▼ $233,840 |
| Prepaid Expenses and Deferred Charges | $3,166 | $1,900 | ▼ $1,266 |
| Total Assets | $47,396,022 | $50,584,468 | ▲ $3,188,446 |
| Other Assets Total | $10,688,159 | $14,291,306 | ▲ $3,603,147 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $10,422,579 | $4,011,456 | ▼ $6,411,123 |
| Other Liabilities | $1,067,733 | $1,913,721 | ▲ $845,988 |
| Accounts Payable and Accrued Expenses | $792,256 | $528,810 | ▼ $263,446 |
| Deferred Revenue | $76,900 | $96,604 | ▲ $19,704 |
| Total Liabilities | $12,359,468 | $6,550,591 | ▼ $5,808,877 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $22,313,204 | $27,745,327 | ▲ $5,432,123 |
| Net Assets With Donor Restrictions | $12,723,350 | $16,288,550 | ▲ $3,565,200 |
| Total Net Assets Fund Balance | $35,036,554 | $44,033,877 | ▲ $8,997,323 |
| Total Liabilities and Net Assets / Fund Balance | $47,396,022 | $50,584,468 | ▲ $3,188,446 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $97,420 | $72,324 | $169,744 |
| Leasehold Improvements | $26,534 | $12,873 | $39,407 |
| Other Assets Org | $50,000 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dean Dziedzic | Vice President - Economic Dev | FT | $110,665 | $145,929 | $256,594 |
| Bob Mundt | President & CEO | FT | $184,421 | $69,800 | $254,221 |
| Denise Guzzetta | Vice President - Workforce | FT | $100,578 | $6,425 | $107,003 |
| Cory Buck | Vice President - Finance | FT | $30,812 | $7,337 | $38,149 |
| Name | Title |
|---|---|
| J Pat Costello | Chair |
| Kurt Loudenback | Chair-Elect |
| Todd Ernst | Past Chair |
| Jay Rasmussen | Past Chair (Until Dec. '20) |
| Betty Oldenkamp | Director |
| Bob Thimjon | Director |
| Dr Brett Bradfield | Director |
| Jeff Fiegen | Director |
| Julie Lautt | Director |
| Kent Cutler | Director |
| Kira Kimball | Director |
| Michelle Lavellee | Director |
| Mike Van Buskirk | Director |
| Ryan Bosche | Director |
| Sean Ervin | Director |
| Steve Watson | Director |
| Tim McCarthy | Director |
| Clark Meyer | Director (As of Jan. '21) |
| Keith Severson | Director (As of Jan. '21) |
| Tony Nour | Director (As of Jan. '21) |
| Pam Hanneman | Director (Until Dec. '20) |
| Paul Hanson | Director (Until Dec. '20) |
| Tom Kelley | Director (Until Oct. '20) |
| Steve Kolbeck | Secretary |
| Holly Brunick | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Lidel Construction Inc | Construction | PO Box 91610, Sioux Falls, SD 57109 | $1,260,162 |
| Friessen Construction Inc | Construction | 615 S Marion Road, Sioux Falls, SD 57106 | $641,195 |
| Soukup Construction Inc | Construction | 701 N Ebenezer Ave, Sioux Falls, SD 57107 | $362,121 |
| Sayre Associates | Engineering | 216 S Duluth Ave, Sioux Falls, SD 57104 | $189,765 |
| Davenport Evans Hurwitz & Smith | Legal | 206 W 14th St, Sioux Falls, SD 57104 | $157,559 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,113,292 |
| Other Expenses | $1,067,293 |
| Grants and Similar Amounts Paid | $88,466 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $765,187 |
| Other Salaries and Wages | - | - | - | $206,019 |
| Interest | - | - | - | $92,854 |
| Grants to Domestic Orgs | - | - | - | $88,466 |
| Occupancy | - | - | - | $73,464 |
| Payroll Taxes | - | - | - | $67,658 |
| Other Employee Benefits | - | - | - | $52,951 |
| Information Technology | - | - | - | $39,703 |
| Fees for Services Accounting | - | - | - | $36,378 |
| Depreciation Depletion | - | - | - | $34,071 |
| Fees for Services Other | - | - | - | $22,147 |
| Pension Plan Contributions | - | - | - | $21,477 |
| Office Expenses | - | - | - | $21,067 |
| All Other Expenses | - | - | - | $18,733 |
| Insurance | - | - | - | $17,428 |
| Travel | - | - | - | $12,205 |
| Conferences and Meetings | - | - | - | $9,726 |
| Advertising | - | - | - | $3,543 |
| Other Expenses | - | - | - | $2,634 |
| Total Functional Expenses | $0 | $0 | $0 | $2,269,051 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $2,280,444 |
| Total Expenses per Form 990 | $2,269,051 |
| Expenses per Audited Statements | $2,267,604 |
| Expenses Not Reported on Form 990 | $12,840 |
| Expenses Not Reported on Financial Statements | $1,447 |
| Other Expense Adjustments | $1,447 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Brandon Development Foundation | Brandon, SD | - | Dissolution | $8,800 |
| Minnehaha County Economic Development Association | Sioux Falls, SD | - | PPP loan distribution | $7,200 |
| Lincoln County Economic Development Association | Sioux Falls, SD | - | PPP loan distribution | - |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Future Construction Costs-Park | $1,913,721 |
“The organization has delegated authority to our Executive Committee consisting of the President, Chair, Vice Chair, Secretary, Treasurer, and Past Chair. Executive Committee shall transact business of an emergency nature between board meetings.”
“Membership investment is based on the number of employees of the investing company. The minimum cost of a membership is $250 annually for 0-20 employees and the max is $3,650 annually for 901+ employees. There are some businesses that were already members when the new membership structure was implemented and remain at their original membership levels.”
“The members elect new board members at the annual meeting.”
“The Executive committee does not keep written minutes of its meetings. All matters acted upon at the Executive committee are brought to the board for approval, and included in the board minutes.”
“The President and the Executive Committee will review the return in detail. Upon their review, a copy of the 990 will be emailed to the board members, and it will be approved at the following board meeting. Following their approval, the 990 will be filed with the IRS.”
“At each Board meeting, the board members and ex-officio members are asked to review the agenda for possible conflicts of interest. If a conflict does exist, the Board member must abstain from voting and from the discussion.”
“Compensation of the President is determined by the Executive committee. Compensation for the Vice President is determined by the President. Determined of compensation for both positions includes an annual performance review and comparability data. The process is undertaken annually.”
“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“Change in sdbtc investment -32,916.”
“The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.”
“Rental Expense 12,840.”
“Federal Income Tax 1,447.”
“Rental Expense 12,840.”
“Federal Income Tax 1,447.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 792256 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 528810 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 238296 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 4456 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO COLLABORATIVELY CREATE QUALITY ECONOMIC GROWTH AND WORKFORCE DEVELOPMENT IN SIOUX FALLS. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 3543 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 18733 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Bob Mundt |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6053390103 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 200 North Phillips Ave Ste 101 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SIOUX FALLS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57101 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 765187 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 9726 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 1260162 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 641195 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 362121 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 189765 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 157559 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | PO Box 91610 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 615 S Marion Road |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 701 N Ebenezer Ave |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 216 S Duluth Ave |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 4 | 206 W 14th St |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 4 | Sioux Falls |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | SD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 57109 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 57106 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 57107 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 57104 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 4 | 57104 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | Lidel Construction Inc |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Friessen Construction Inc |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | Soukup Construction Inc |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | Sayre Associates |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | Davenport Evans Hurwitz & Smith |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Construction |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Construction |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | Construction |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | Engineering |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | Legal |
| IRS990/CostOfGoodsSoldAmt | 0 | 14181756 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 5554457 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 88466 |
| IRS990/CYInvestmentIncomeAmt | 0 | 603 |
| IRS990/CYOtherExpensesAmt | 0 | 1067293 |
| IRS990/CYOtherRevenueAmt | 0 | 1089914 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1056202 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 5432125 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1113292 |
| IRS990/CYTotalExpensesAmt | 0 | 2269051 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7701176 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 76900 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 96604 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 34071 |
| IRS990/Desc | 0 | The Sioux Falls Development Foundation seeks to promote the general welfare of the City of Sioux Falls, SD and the surrounding community by fostering business and employment. This purpose was achieved in 2020 through the sale of 145 acres of industrial park land to new and existing businesses along with workforce development activities that reached 22,816 potential employees and 145 prospective employers. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 12723350 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 16288550 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 14 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 36378 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 22147 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 60.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 45.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 45.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 23 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 24 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 25 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 26 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 27 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 28 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 23 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 24 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 25 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 30280 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 48516 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 6425 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 7337 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 27 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Dean Dziedzic |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Bob Mundt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Denise Guzzetta |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Cory Buck |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | J Pat Costello |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Jay Rasmussen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Todd Ernst |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Kurt Loudenback |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Steve Kolbeck |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Holly Brunick |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Ryan Bosche |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Dr Brett Bradfield |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Kent Cutler |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Sean Ervin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Jeff Fiegen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Pam Hanneman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Paul Hanson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Michelle Lavellee |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Tim McCarthy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | Betty Oldenkamp |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | Kira Kimball |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | Mike Van Buskirk |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | Steve Watson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | Bob Thimjon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | Julie Lautt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 25 | Clark Meyer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 26 | Tony Nour |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 27 | Keith Severson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 28 | Tom Kelley |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 225214 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 204421 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 100578 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 30812 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 27 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 27 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Vice President - Economic Dev |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | President & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Vice President - Workforce |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Vice President - Finance |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Past Chair (Until Dec. '20) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Past Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Chair-Elect |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Director (Until Dec. '20) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Director (Until Dec. '20) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | Director (As of Jan. '21) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | Director (As of Jan. '21) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 27 | Director (As of Jan. '21) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 28 | Director (Until Oct. '20) |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1954 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 21 |
| IRS990/GovernmentGrantsAmt | 0 | 5426721 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 88466 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 21895772 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 64720 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 15170403 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 21 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 39703 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 17428 |
| IRS990/InterestGrp/TotalAmt | 0 | 92854 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 33255320 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 29762695 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 603 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 603 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 2835816 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 2190435 |
| IRS990/IRPDocumentCnt | 0 | 17 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 85197 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 109894 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 123954 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 209151 |
| IRS990/LegalDomicileStateCd | 0 | SD |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 12840 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 127736 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1447 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 1447 |
| IRS990/MissionDesc | 0 | To collaboratively create quality economic growth and workforce development in the Sioux Falls MSA to improve our quality of life. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 10422579 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 4011456 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 35036554 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 44033877 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 988647 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 988647 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 51880 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 51880 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 3598115 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 22313204 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 27745327 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 73464 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 21067 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 10688159 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 14291306 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -32916 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 52951 |
| IRS990/OtherExpensesGrp/Desc | 0 | Program Expense |
| IRS990/OtherExpensesGrp/Desc | 1 | Real Estate Taxes |
| IRS990/OtherExpensesGrp/Desc | 2 | BNSF Railroad Fee |
| IRS990/OtherExpensesGrp/Desc | 3 | Dues & Subscriptions |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.