Civic Intelligence

South Dakota Trade Association

EIN 92-0799016 • 501(c)6 • Sioux Falls, SD

NTEE S41

Profile

South Dakota Trade navigates international trade for South Dakota. The association is a public-private partnership conductingexport education, administration of the SD STEP Grant program and provides free export consulting services.

150 E 4th PlaceSioux Falls, SD 57104

www.southdakotatrade.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.01x

Higher debt load relative to assets than 43% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Source year 2024

Net Margin

69th percentile

19%

Higher net margin than 69% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

85th percentile

$161,062

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

NTEE S41 • $500k-$1M nonprofits • Source year 2024

Asset Growth

84th percentile

27%

Faster asset growth than 84% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

19%

Faster revenue growth than 79% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$591,866

Up $126,794 (+27%) from 2023

Liabilities

Down

$7,302

Down $52,063 (-88%) from 2023

Net Assets

Up

$584,564

Up $178,857 (+44%) from 2023

Operations
Liabilities / Revenue39th percentileNet Margin69th percentile

Revenue

Up

$963,509

Up $150,670 (+19%) from 2023

Expenses

Up

$784,652

Up $377,520 (+93%) from 2023

Net Income

Down

$178,857

Down $226,850 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2023: $465,072Liabilities 2023: $59,365Net Assets 2023: $405,7072023Assets 2024: $591,866Liabilities 2024: $7,302Net Assets 2024: $584,5642024

Highlighted filing

2024

Assets$591,866
Liabilities$7,302
Net Assets$584,564
Open 2024 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0Revenue 2023: $812,839Expenses 2023: $407,132Net Income 2023: $405,7072023Revenue 2024: $963,509Expenses 2024: $784,652Net Income 2024: $178,8572024

Highlighted filing

2024

Revenue$963,509
Expenses$784,652
Net Income$178,857
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$591,866
Liabilities
$7,302
Net assets
$584,564
Revenue
$963,509
Expenses
$784,652
Net income
$178,857
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.92$0.07$5.85$9.64$7.85$1.79
2023Detailed filing. Detailed filing data is available for this year.$4.65$0.59$4.06$8.13$4.07$4.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 17, 2025
Return Version
2023v6.0
Gross Receipts
$963,509
Mission and Program Overview

Mission

South Dakota Trade navigates international trade for South Dakota. The association is a public-private partnership conductingexport education, administration of the SD STEP Grant program and provides free export consulting services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$300,000$375,000▲ $75,000
Cash and Non-Interest-Bearing Accounts$106,262$142,723▲ $36,461
Accounts Receivable$57,842$73,079▲ $15,237
Total Assets$465,072$591,866▲ $126,794
Other Assets Total$968$1,064▲ $96
Liabilities
Accounts Payable and Accrued Expenses$59,365$7,302▼ $52,063
Total Liabilities$59,365$7,302▼ $52,063
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$405,707$584,564▲ $178,857
Total Net Assets Fund Balance$405,707$584,564▲ $178,857
Total Liabilities and Net Assets / Fund Balance$465,072$591,866▲ $126,794
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Luke J LindbergPresident and CEOFT$150,000$11,062$161,062
Edward NewburnSenior Advisor and Chief of SFT$115,000-$115,000

Board Members and Trustees

NameTitle
Joe BeckChair
Andrea ThompsonVice Chair
Holly LienVice Chair
Dennis HarstadBoard Member
Gary CammackBoard Member
John WillardBoard Member
Joe FialaEx-Officio Director
Sheila GestringEx-Officio Director
Jeff GriffinSecretary
Melissa FossellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$872,984
Program Service Revenue
$8,534
Investment Income
$1,394
Other Revenue
$80,597
Change in Net Assets
$178,857

Audited Revenue Reconciliation

Revenue per Audited Statements
$963,509
Total Revenue per Audited Statements
$963,509
Total Revenue per Form 990
$963,509
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$443,335
Other Expenses$305,172
Grants and Similar Amounts Paid$36,145
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$256,460
Other Salaries and Wages---$139,111
Conferences and Meetings---$80,411
Travel---$57,083
Fees for Services Other---$51,936
Grants to Domestic Orgs---$36,145
Payroll Taxes---$31,034
Fees for Services Accounting---$30,997
Advertising---$25,290
Office Expenses---$13,748
All Other Expenses---$10,392
Pension Plan Contributions---$9,043
Other Employee Benefits---$7,687
Occupancy---$7,520
Insurance---$5,292
Other Expenses$1,333--$1,333
Total Functional Expenses$0$0$0$784,652

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$784,652
Total Expenses per Audited Statements$784,652
Total Expenses per Form 990$784,652
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ruffland Performance LLCTea, SD-STEP Grant$10,000
CAW IndustriesRapid City, SD-STEP Grant$7,800
BlackFork Spirits LLCBrookings, SD-STEP Grant$6,206
Bion SciencesAxion LLCSioux Falls, SD-STEP Grant$5,625
Walkabout Mother Bins LLCFaulkton, SD-STEP Grant$5,510
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mark LindbergFather of the PresidentCEOContracted bookkeeping servicesNo$9,778
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“President Luke Lindberg and contracted bookkeeper, Mark Lindberg, are son and father, respectively.”

Members or stockholder classes and rights Part VI line 6

“South Dakota Trade is a non-profit membership association. The Association is governed by an all-volunteer Board of Directors.”

Member election for additional members Part VI line 7A

“New Board members are voted on by existing Board members.”

Form 990 governing body review Part VI line 11

“Form 990 is circulated to Governing Board members in advance of filing. The Form 990 is prepared by the contracted bookkeeper and circulated with Association leadership and the Board Treasurer.”

Conflict of interest policy compliance Part VI line 12C

“South Dakota Trade maintains a conflict of interest policy that was voted on by the Board of Directors in May of 2024.”

CEO executive director top management comp Part VI line 15A

“Compensation of the CEO is determined by the Board of Directors.”

Other officer or key employee compensation Part VI line 15B

“Compensation of senior staff is determined by the CEO and shared with and reviewed by the Board of Directors to ensure fairness and reasonableness.”

Governing documents etc available to public Part VI line 19

“Governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
South Dakota Trade Association
EIN
92-0799016
Address
150 E 4th Place, Sioux Falls, SD 57104

Signing Officer

Name
Edward Newburn
Title
Senior Advisor
Phone
6053383424
Signed
2025-02-17
Discuss with paid preparer
Yes

Organization Details

Formed
2022
Legal Domicile
Sd
Voting Board Members
11
Independent Board Members
11
Employees
4
Volunteers
20

Preparer

Firm
J Mark Lindberg CPA
Address
30 Copper Brook Cir, Granby, CT 06035
Preparer
J Mark Lindberg
Phone
6036675019
Supplemental Narrative

Additional Explanations

Amended return information

“South Dakota Trade has a September 30 year end. The original return for the fiscal year ended 09/03/2022 was filed using the IRS Form 990 for 2023 and should have been filed using the IRS Form 990 for 2022. The 2022 return has been amended and this filing uses information from the fiscal year ended September 30, 2024 to amend the IRS Form 990 previously filed.”

Raw XML AppendixShowing 400 of 453 raw XML fields

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt059365
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07302
IRS990/AccountsReceivableGrp/BOYAmt057842
IRS990/AccountsReceivableGrp/EOYAmt073079
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0South Dakota Trade navigates international trade for South Dakota. The association is a public-private partnership conductingexport education, administration of the SD STEP Grant program and provides free export consulting services.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/TotalAmt025290
IRS990/AllOtherExpensesGrp/TotalAmt010392
IRS990/AmendedReturnInd0X
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Edward Newburn
IRS990/BooksInCareOfDetail/PhoneNum06053383424
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 E 4th Place
IRS990/BooksInCareOfDetail/USAddress/CityNm0Sioux Falls
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd057104
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0106262
IRS990/CashNonInterestBearingGrp/EOYAmt0142723
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0256460
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt080411
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0872984
IRS990/CYGrantsAndSimilarPaidAmt036145
IRS990/CYInvestmentIncomeAmt01394
IRS990/CYOtherExpensesAmt0305172
IRS990/CYOtherRevenueAmt080597
IRS990/CYProgramServiceRevenueAmt08534
IRS990/CYRevenuesLessExpensesAmt0178857
IRS990/CYSalariesCompEmpBnftPaidAmt0443335
IRS990/CYTotalExpensesAmt0784652
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0963509
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Education: The Association provides free consulting services, trade seminars and education opportunities for South Dakota companies interested in expanding their international trade. An estimated 200 companies were helped by these programs. Trade Missions: SD Trade coordinates trade missions and reverse trade missions on behalf of the state to develop important relationships with foreign buyers and those looking to do business in South Dakota. Three trade missions were held during fiscal year 2024; one to Japan, one to Taiwan and one to South Africa. STEP Program: The Association administers the US Small Business Administration State Trade Expansion Program and makes STEP grants to South SD companies looking to expand their export business.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt030997
IRS990/FeesForServicesOtherGrp/TotalAmt051936
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt011062
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Luke J Lindberg
IRS990/Form990PartVIISectionAGrp/PersonNm1Edward Newburn
IRS990/Form990PartVIISectionAGrp/PersonNm2John Willard
IRS990/Form990PartVIISectionAGrp/PersonNm3Dennis Harstad
IRS990/Form990PartVIISectionAGrp/PersonNm4Gary Cammack
IRS990/Form990PartVIISectionAGrp/PersonNm5Sheila Gestring
IRS990/Form990PartVIISectionAGrp/PersonNm6Joe Fiala
IRS990/Form990PartVIISectionAGrp/PersonNm7Andrea Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm8Joe Beck
IRS990/Form990PartVIISectionAGrp/PersonNm9Holly Lien
IRS990/Form990PartVIISectionAGrp/PersonNm10Melissa Fossell
IRS990/Form990PartVIISectionAGrp/PersonNm11Jeff Griffin
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0150000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1115000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Senior Advisor and Chief of S
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Ex-Officio Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Ex-Officio Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt0688134
IRS990/GrantsToDomesticOrgsGrp/TotalAmt036145
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0963509
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt05292
IRS990/InvestmentIncomeGrp/ExclusionAmt01394
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01394
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0SD
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0184850
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0South Dakota Trade navigates international trade for South Dakota. The association is a public-private partnership conductingexport education, administration of the SD STEP Grant program and provides free export consulting services.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0405707
IRS990/NetAssetsOrFundBalancesEOYAmt0584564
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0405707
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0584564
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt07520
IRS990/OfficeExpensesGrp/TotalAmt013748
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0968
IRS990/OtherAssetsTotalGrp/EOYAmt01064
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07687
IRS990/OtherExpensesGrp/Desc0Taxes and licenses
IRS990/OtherExpensesGrp/Desc1Dues and subscriptions
IRS990/OtherExpensesGrp/Desc2Bad debt
IRS990/OtherExpensesGrp/Desc3Bank fees
IRS990/OtherExpensesGrp/ProgramServicesAmt016619
IRS990/OtherExpensesGrp/ProgramServicesAmt14051
IRS990/OtherExpensesGrp/ProgramServicesAmt2500
IRS990/OtherExpensesGrp/ProgramServicesAmt31333
IRS990/OtherExpensesGrp/TotalAmt016619
IRS990/OtherExpensesGrp/TotalAmt14051
IRS990/OtherExpensesGrp/TotalAmt2500
IRS990/OtherExpensesGrp/TotalAmt31333
IRS990/OtherRevenueMiscGrp/BusinessCd0561499
IRS990/OtherRevenueMiscGrp/BusinessCd1561499
IRS990/OtherRevenueMiscGrp/Desc0Sponsorships
IRS990/OtherRevenueMiscGrp/Desc1Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt080500
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt197
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt080500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt197
IRS990/OtherRevenueTotalAmt080597
IRS990/OtherSalariesAndWagesGrp/TotalAmt0139111
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt031034
IRS990/PensionPlanContributionsGrp/TotalAmt09043
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0300000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0375000
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/Desc0Advising & Seminars
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08534
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08534
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0733919
IRS990/PYGrantsAndSimilarPaidAmt036099
IRS990/PYInvestmentIncomeAmt0302
IRS990/PYOtherExpensesAmt0104559
IRS990/PYOtherRevenueAmt066508
IRS990/PYProgramServiceRevenueAmt012110
IRS990/PYRevenuesLessExpensesAmt0405707
IRS990/PYSalariesCompEmpBnftPaidAmt0266474
IRS990/PYTotalExpensesAmt0407132
IRS990/PYTotalRevenueAmt0812839
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0178857
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0784652
IRS990ScheduleD/RevenueSubtotalAmt0963509
IRS990ScheduleD/TotalExpensesPerForm990Amt0784652
IRS990ScheduleD/TotalRevenuePerForm990Amt0963509
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0963509
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0784652
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt05625
IRS990ScheduleI/RecipientTable/CashGrantAmt16206
IRS990ScheduleI/RecipientTable/CashGrantAmt27800
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt45510
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0STEP Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1STEP Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2STEP Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3STEP Grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4STEP Grant
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Bion SciencesAxion LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BlackFork Spirits LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CAW Industries
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Ruffland Performance LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Walkabout Mother Bins LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0262198680
IRS990ScheduleI/RecipientTable/RecipientEIN1832341158
IRS990ScheduleI/RecipientTable/RecipientEIN2460319164
IRS990ScheduleI/RecipientTable/RecipientEIN3500001951
IRS990ScheduleI/RecipientTable/RecipientEIN4813724807
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05132 South Cliff Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1111 Main Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21628 Concourse Court
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31800 Mindy St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4600 Main St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Sioux Falls
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Brookings
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Rapid City
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Tea
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Faulkton
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3SD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4SD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057108
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd157006
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd257703
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd357064
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd457438
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0STEP Grants are issued only after funds have been spent and approved by the Small Business Administration.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt0120000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011062
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Luke J Lindberg
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President and CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161062
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Mark Lindberg
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Father of the PresidentCEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt09778
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Contracted bookkeeping services
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0South Dakota Trade has a September 30 year end. The original return for the fiscal year ended 09/03/2022 was filed using the IRS Form 990 for 2023 and should have been filed using the IRS Form 990 for 2022. The 2022 return has been amended and this filing uses information from the fiscal year ended September 30, 2024 to amend the IRS Form 990 previously filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1President Luke Lindberg and contracted bookkeeper, Mark Lindberg, are son and father, respectively.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2South Dakota Trade is a non-profit membership association. The Association is governed by an all-volunteer Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3New Board members are voted on by existing Board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990 is circulated to Governing Board members in advance of filing. The Form 990 is prepared by the contracted bookkeeper and circulated with Association leadership and the Board Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5South Dakota Trade maintains a conflict of interest policy that was voted on by the Board of Directors in May of 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Compensation of the CEO is determined by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Compensation of senior staff is determined by the CEO and shared with and reviewed by the Board of Directors to ensure fairness and reasonableness.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Governing documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0465072
IRS990/TotalAssetsEOYAmt0591866
IRS990/TotalAssetsGrp/BOYAmt0465072
IRS990/TotalAssetsGrp/EOYAmt0591866
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0872984
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0784652
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt059365

Document Assets

No mirrored PDF or thumbnail assets are attached yet.