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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 2023. Filed on September 23, 2024.

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 2023 IRS Form 990 filing, South Dakota State University Foundation, a 501(c)(3) charitable organization, reported compensation for 7 out of 54 total employees. Among the employees shown here, the average compensation is $189,754. The highest compensated employee at South Dakota State University Foundation is Steve Erpenbach with fiscal year 2023 compensation of $303,839.

Revenue, expenses, and employee compensation

Revenue

$63,664,809

Expenses

$68,418,903

Employee compensation

$4,882,238
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Steve Erpenbach
President and Chief Executive Officer
$303,839
$243,663 No related comp$60,176
Tim Dwire
Vice President for Finance and Operations
$236,219
$188,710 No related comp$47,509
Keith Mahlum
Vice President, Development
$233,103
$180,804 No related comp$52,299
Michael Birgen
Assoc Vice President for Philanthropy
$144,676
$122,503 No related comp$22,173
Arian Bunde
Vice President for Strategy and Innovation
$140,005
$123,726 No related comp$16,279
Rina Reynolds
Assoc Vice President for Philanthropy
$135,748
$124,754 No related comp$10,994
Ned Gavlick
Assoc Vice President for GIFT Planning
$134,689
$117,274 No related comp$17,415

Benchmark Employee Compensation

Non-Employee Board Members

Bob Schmidt
Board Member
Brian Aamlid
Board Member
Dana Dykhouse
Board Member
Dave Schaefer
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
$734,233
First Bank & Trust Wealth Management
Fiduciary Fees
$248,088
Jackrabbit Ticket Office
Suite and Ticket Sales
$197,920
Marco Technologies LLC
Technology
$172,876
Mills Construction
Construction
$162,487

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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