South Dakota Bankers Association

Fiscal year ending 2024. Filed on November 11, 2025.

109 West Missouri Avenue
Pierre, South Dakota 57501

South Dakota Bankers Association (EIN: 46-0191650) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, South Dakota Bankers Association, a 501(c)(6) business league, reported compensation for 2 out of 6 total employees. Among the employees shown here, the average compensation is $231,584. The highest compensated employee at South Dakota Bankers Association is Karlton Adam with fiscal year 2024 compensation of $326,375.

Revenue, expenses, and employee compensation

Revenue

$1,742,804

Expenses

$1,314,844

Employee compensation

$646,416

Reported Compensated Employees

Karlton Adam

President

$326,375

$289,000 No related comp$37,375

Halley Lee

ADM V-Pres

$136,793

$117,520 No related comp$19,273

Non-Employee Board Members

Krista Tschetter

Mission Statement

PROMOTE WELFARE AND USEFULNESS OF BANKS AND FINANCIAL INSTITUIONS

Revisions to this organization profile

November 11, 2025:

2024 South Dakota Bankers Association 990 filed

November 14, 2024:

2023 South Dakota Bankers Association 990 filed

November 3, 2023:

2022 South Dakota Bankers Association 990 filed

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