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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 Community Improvement & Capacity Building South Eastern Development Foundation

South Eastern Development Foundation

Fiscal year ending 2023. Filed on June 20, 2024.

500 N Western Avenue
Sioux Falls, South Dakota 57104

South Eastern Development Foundation (EIN: 30-0017659) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, South Eastern Development Foundation, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $273,094. The highest compensated employee at South Eastern Development Foundation is Lynne Keller Forbes with fiscal year 2023 compensation of $273,094.

Revenue, expenses, and employee compensation

Revenue

$2,441,148

Expenses

$1,339,293

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lynne Keller Forbes
President and Chief Executive Officer
$273,094
$0 $273,094 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bryan Hakeman
Secretary and Treasurer
Dave Kroll
Director
Keith Thompson
President
Marcus Mahlen
Director
Paul Tschetter
Vice President

Contractors

First Rate Excavate
Dirt Work/Excavation
$351,529
Milbank House Movers
House Movers
$280,218
Carlsons Heating and Cooling
HVAC Work
$194,821
Epj Concrete
Concrete Work
$162,755
Heartland Construction
Install Walls and Footing
$157,051

Mission Statement

Strengthening communities and stimulating economic development through small business lending and affordable housing initiatives

Revisions to this organization profile

June 20, 2024:
2023 South Eastern Development Foundation 990 filed
May 10, 2023:
2022 South Eastern Development Foundation 990 filed
May 24, 2022:
2021 South Eastern Development Foundation 990 filed

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