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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Brookings Economic Development Corporation

Brookings Economic Development Corporation

Fiscal year ending 2022. Filed on November 14, 2023.

2301 Research Park Way Suite 113
Brookings, South Dakota 57006

Brookings Economic Development Corporation (EIN: 46-0440746) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Brookings Economic Development Corporation, a 501(c)(6) business league, reported compensation for 5 employees. Among the employees shown here, the average compensation is $81,627. The highest compensated employee at Brookings Economic Development Corporation is Tim Reed with fiscal year 2022 compensation of $81,627.

Revenue, expenses, and employee compensation

Revenue

$2,897,269

Expenses

$777,366

Employee compensation

$157,761
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Tim Reed
Chief Executive Officer
$81,627
$74,877 No related comp$6,750
Yvette Campbell
Secretary and Treasurer
$0
Daniel Scholl
President
$0
Victoria Blatchford
Vice President
$0
Carla Gatzke
Former President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Andy Johnson
Director
Angela Boersma
Director
Curt Lundquist
Director
Dick Peterson
Director
Mark Hyde
Director
Nick Wendell
Director
Randy Hanson
Director
Tim Harvey
Director
Tom Fishback
Director
Tom Kersting
Director

Mission Statement

Dedicated to serve the Brookings Area by enhancing the economic well-being of the City of Brookings and its surrounding areas and to improve its quality of life and prosperity.

Revisions to this organization profile

July 24, 2025:
2024 Brookings Economic Development Corporation 990 filed
November 15, 2024:
2023 Brookings Economic Development Corporation 990 filed
November 14, 2023:
2022 Brookings Economic Development Corporation 990 filed

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