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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 Lake Preston Development Corporation

Lake Preston Development Corporation

Fiscal year ending 2021. Filed on November 15, 2022.

PO Box 215
210 Main Ave N
Lake Preston, South Dakota 57249

Lake Preston Development Corporation (EIN: 51-0199304) has filed an IRS Form 990 between fiscal years 2017 and 2024. In its fiscal year 2021 IRS Form 990 filing, Lake Preston Development Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$51,204

Expenses

$84,926

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bob Bode
President
$0
Joan Wollschlager
Member
$0
Joe Schnell
Member
$0
Donna Bumann
Member
$0
Jake Smith
Member
$0
Jeremy Woodcock
Member
$0
Rick Hillestad
Member
$0
Shane Odegaard
Secretary
$0
Sean McGraw
Member
$0
Danielle Zeeck
Director
$0
Missy Olson
Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

TO PROMOTE, ASSIST, ENCOURAGE, AND DEVELOP THE BUSINESS AND ECONOMIC PROSPERITY OF LAKE PRESTON, SD, AND THE SURROUNDING AREA. TO ENCOURAGE NEW INDUSTRY TO REHABILITATE EXISTING INDUSTRIES, AND TO PROMOTE THE AGRICULTURAL AND RECREATIONAL DEVELOPMENT OF LAKE PRESTON, SD, AND SURROUNDING AREAS.

Revisions to this organization profile

November 6, 2025:
2024 Lake Preston Development Corporation 990 filed
November 13, 2024:
2023 Lake Preston Development Corporation 990 filed
November 14, 2023:
2022 Lake Preston Development Corporation 990 filed

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