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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 South Dakota Development Corporation

South Dakota Development Corporation

Fiscal year ending 2024. Filed on August 27, 2025.

196 East 6th Street 200
Sioux Falls, South Dakota 57104

South Dakota Development Corporation (EIN: 46-0404566) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, South Dakota Development Corporation, a 501(c)(6) business league, reported compensation for 1 out of 6 total employees. Among the employees shown here, the average compensation is $105,938. The highest compensated employee at South Dakota Development Corporation is Jennifer Oberg with fiscal year 2024 compensation of $105,938.

Revenue, expenses, and employee compensation

Revenue

$505,928

Expenses

$606,128

Employee compensation

$345,033
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jennifer Oberg
Executive Director
$105,938
$105,938 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Alex Soundy
Secretary
Brent Heinert
Treasurer
Derek Simonsen
Director
Drew Duncan
Director
Eric Christianson
Director
John Schramm
Director
Joni Ekstrum
Vice Chair
Julie Johnson
Director
Kevin Wagner
Director
Kyle Peters
Director
Luke Tibbetts
Chair
Nate Engbers
Director

Mission Statement

THE PRINCIPLE OBJECTIVE OF THE CORPORAITON SHALL BE TO BENEFIT THE STATE OF SOUTH DAKOTA BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THIS STATE.

Revisions to this organization profile

August 27, 2025:
2024 South Dakota Development Corporation 990 filed
May 22, 2024:
2023 South Dakota Development Corporation 990 filed
August 7, 2023:
2022 South Dakota Development Corporation 990 filed

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