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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 2021. Filed on September 28, 2022.

815 Medary Avenue Box 525
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 2021 IRS Form 990 filing, South Dakota State University Foundation, a 501(c)(3) charitable organization, reported compensation for 7 out of 47 total employees. Among the employees shown here, the average compensation is $174,433. The highest compensated employee at South Dakota State University Foundation is Steve Erpenbach with fiscal year 2021 compensation of $267,624.

Revenue, expenses, and employee compensation

Revenue

$85,922,065

Expenses

$28,523,415

Employee compensation

$4,196,176
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve Erpenbach
President and Chief Executive Officer
$267,624
$218,652 No related comp$48,972
Tim Dwire
Vice President of Operations and Finance
$213,394
$174,254 No related comp$39,140
Keith Mahlum
Vice President, Development
$197,607
$150,907 No related comp$46,700
Marc Littlecott
Director of GIFT Planning
$174,176
$134,552 No related comp$39,624
Michael Birgen
Assoc Vice President for Development
$133,727
$115,957 No related comp$17,770
Rina Reynolds
Senior Director of Major Giving
$120,149
$109,602 No related comp$10,547
Arian Bunde
Vice President for Strategy and Innovation
$114,354
$101,790 No related comp$12,564

Benchmark Employee Compensation

Non-Employee Board Members

Bob Schmidt
Board Member
Cathy vander Wal-Rounds
Board Member
Dana Dykhouse
Board Member
Dave Schaefer
Board Member
Gordon Niva
Board Member
Kathy Walker
Board Member
Kevin Tetzlaff
Board Member
Marc Mooney
Chair-Elect
Mark Wahlstrom
Board Member
Michelle McCarville
Board Member
Mike Roberts
Board Member
Rita Edwards
Chair

Contractors

First Bank & Trust Wealth Management
Fiduciary Fees
$244,709
Henkin Schultz
Marketing Consulting
$180,408
Aramark
Food
$176,190
Blackbaud Inc
Software
$151,000
Marco Technologies LLC
Technology
$142,894

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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