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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 Education South Dakota State University Foundation

South Dakota State University Foundation

Fiscal year ending 2024. Filed on September 24, 2025.

815 Medary Ave
Brookings, South Dakota 57006

South Dakota State University Foundation (EIN: 46-0273801) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, South Dakota State University Foundation, a 501(c)(3) charitable organization, reported compensation for 7 out of 59 total employees. Among the employees shown here, the average compensation is $199,318. The highest compensated employee at South Dakota State University Foundation is Steve Erpenbach with fiscal year 2024 compensation of $335,604.

Revenue, expenses, and employee compensation

Revenue

$73,265,294

Expenses

$62,013,343

Employee compensation

$5,472,601
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve Erpenbach
President and Chief Executive Officer
$335,604
$270,941 No related comp$64,663
Keith Mahlum
Vice President, Development
$250,123
$190,375 No related comp$59,748
Tim Dwire
Vice President for Finance and Operations
$248,985
$197,916 No related comp$51,069
Michael Birgen
Assoc Vice President for Philanthropy
$152,300
$128,418 No related comp$23,882
Ned Gavlick
Assoc Vice President for GIFT Planning
$144,157
$125,408 No related comp$18,749
Rina Reynolds
Assoc Vice President for Philanthropy
$142,020
$130,353 No related comp$11,667
Keli Books
Assoc Vice President for Philanthropy
$122,040
$113,000 No related comp$9,040

Benchmark Employee Compensation

Non-Employee Board Members

Brian Aamlid
Board Member
Dave Schaefer
Board Member
David Schmidt
Board Member
Erica Deboer
Board Member
Kathy Walker
Board Member
Kevin Tetzlaff
Chair-Elect
Marc Mooney
Chair
Mark Wahlstrom
Board Member
Michelle McCarville
Board Member
Mike Roberts
Board Member
Rita Edwards
Board Member
Roberta Olson
Board Member

Contractors

Sodexo Inc & Affiliates
Food
$449,507
Tsp Inc.
Engineering
$320,585
First Bank & Trust Wealth Management
Fiduciary Fees
$270,011
Henkin Schultz
Marketing Consultant
$263,111
Marco Technologies LLC
Printing
$155,606

Mission Statement

ENHANCING EXCELLENCE BY CULTIVATING GENEROSITY AND TREASURING THE LOYALTY OF ALL WE SERVE.

Revisions to this organization profile

September 24, 2025:
2024 South Dakota State University Foundation 990 filed
September 23, 2024:
2023 South Dakota State University Foundation 990 filed
September 25, 2023:
2022 South Dakota State University Foundation 990 filed

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