{"success":true,"data":{"_id":460404566,"filings":[{"Organization":{"value":null,"Person":["ROBERT MILLER","DAVID R MUNSON","FRED W ROMKEMA","MATT JUDSON","RUSS OLSON","DOUG KNUST LEFT IN 2016","ROBERT O THOEN","JODY BENDER","ROBERT J FOUBERG","JOHN SCHRAMM"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[975,975,900,900,675,225,900,825,900,525],"Direct compensation":[975,975,900,900,675,225,900,825,900,525],"Other compensation":[0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Economic development loans to help businesses start up and expand in south dakota.","year":2016,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6057733301,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"ROBERT MILLER","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":0,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"711 E WELLS AVE, PIERRE, SD, 57501, USA","city":"PIERRE","state":"SD","country":"USA","zip_code":57501},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1611705,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":192988,"Total revenue":133527,"Total other revenue":59461,"Unrelated business revenue":0},"Investment income":{"value":1418717,"Investment income total":119475,"Net investment gain":1299242,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":3151484,"Grant expense":{"value":3000000,"Grants to domestic orgs":3000000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":7800,"Current officers":7800,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":143684,"Management services":0,"Legal":5407,"Accounting":16959,"Lobbying services":0,"Investment management fees":0,"Other services":76971,"Advertising":5077,"Office expenses":859,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":1989,"Conferences and meetings":25193,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":5154,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":5575,"All other expenses":500},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":13451285,"Non-interest bearing cash":0,"Savings and temp cash investments":659279,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":250497,"Investments program related":12541509,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":13451285,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":13451285,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.9553727263984414,"percentile":0.04322597830426649},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":4.26823839181795,"percentile":0.7801626794393746},"Officer Compensation Ratio":{"score":0.002475024464664901,"percentile":0.9906292749323947},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.22339134832616978,"percentile":0.06703863067076427},"Asset Growth":{"score":-0.06434566907685574,"percentile":0.142254446318815},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4843176167278143,"percentile":0.28441281397844925}},"source_xml":"201732559349300413_public.xml"},{"Organization":{"value":null,"Person":["ROBERT J FOUBERG","DAVID R MUNSON","FRED W ROMKEMA","MATT JUDSON","ROBERT MILLER","RUSS OLSON","DOUG KNUST","ROBERT O THOEN","JODY BENDER"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[1050,1050,975,600,900,750,675,1050,600],"Direct compensation":[1050,1050,975,600,900,750,675,1050,600],"Other compensation":[0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Economic development loans to help businesses start up and expand in south dakota.","year":2014,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6057733301,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"ROBERT J FOUBERG","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":0,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"711 E WELLS AVE, PIERRE, SD, 57501, USA","city":"PIERRE","state":"SD","country":"USA","zip_code":57501},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":435631,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":301940,"Total revenue":{"value":301940,"FEE INCOME":202402,"OTHER INCOME":99538},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":47463,"Investment income total":197757,"Net investment gain":-150294,"Income from invest bond proceeds":0},"Other revenues":{"value":86228,"Other total":86228,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":213075,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":7650,"Current officers":7650,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":205425,"Management services":0,"Legal":11951,"Accounting":55284,"Lobbying services":0,"Investment management fees":0,"Other services":44580,"Advertising":68828,"Office expenses":2464,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":2912,"Conferences and meetings":7557,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":3565,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":7050,"All other expenses":1234},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":14918384,"Non-interest bearing cash":0,"Savings and temp cash investments":6275225,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":8022295,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":620864,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":14918384,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":14918384,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.5108819161170808,"percentile":0.9213582139773154},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":70.01470843599671,"percentile":0.9857800491041394},"Officer Compensation Ratio":{"score":0.03590285110876452,"percentile":0.8286579013815067},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7595230086108966,"percentile":0.9268268050667319}},"source_xml":"201511909349300806_public.xml"},{"Organization":{"value":null,"Person":["ERIC CHRISTIANSON","DREW DUNCAN","JONI EKSTRUM","NATE ENGBERS","ALEX SOUNDY","BRENT HEINERT","JULIE JOHNSON","KYLE PETERS","JOHN SCHRAMM","RANDY SNYDERS","LUKE TIBBETTS","KEVIN WAGNER","DEREK SIMONSEN","JENNIFER OBERG"],"Title":["DIRECTOR","DIRECTOR","VICE CHAIRMAN","DIRECTOR","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CHAIRMAN","DIRECTOR","DIRECTOR","EXECUTIVE DIRECTOR"],"Hours":[3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,105938],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,105938],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"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.","year":2024,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JENNIFER OBERG","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"196 EAST 6TH STREET 200, SIOUX FALLS, SD, 57104, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57104},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":14,"Number of independent voting members":14,"Number of employees total":6,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":6,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":505928,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":500010,"Total revenue":{"value":500010,"FEE INCOME":469590,"OTHER INCOME":30420},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":5918,"Investment income total":5918,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":606128,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":345033,"Current officers":105938,"Disqualified persons":0,"Other salaries and wages":186328,"Pension plan contributions":16539,"Other employee benefits":13579,"Payroll taxes":22649},"Other expenses":{"value":261095,"Management services":0,"Legal":33631,"Accounting":29342,"Lobbying services":0,"Investment management fees":0,"Other services":5990,"Advertising":31716,"Office expenses":19531,"Information technology":0,"Royalties":0,"Occupancy":22231,"Travel":11527,"Conferences and meetings":3098,"Interest":22416,"Payments to affiliates":0,"Depreciation and depletion":1025,"Insurance":11346,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":68935,"LEGAL DOCUMENT FEES":41311,"CDC VENTURE":10950,"REPAIRS AND MAINTENANCE":10671,"DUES AND SUBSCRIPTIONS":6003},"All other expenses":307},"Functional Expenses":{"value":null,"Program Service Expenses":433888,"Management And General Expenses":172240,"Fundraising Expenses":0}},"Assets":{"value":213301,"Non-interest bearing cash":0,"Savings and temp cash investments":35507,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":9618,"Land, building, equipment":427,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":167749},"Liabilities":{"value":383773,"Sum of Total Liabilities":0,"Accounts payable, accrued":39921,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":343852},"Fund balance":{"value":-170472,"Net assets without donor restriction":-320472,"Net assets with donor restriction":150000,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7158355990813822,"percentile":0.547097065244536},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.1980518967125757,"percentile":0.15236456267059656},"Liabilities to Assets Ratio":{"score":1.7992086300579933,"percentile":0.021126356653933826},"Operating Reserve Ratio":{"score":0.3519075178840113,"percentile":0.18653146490513128},"Officer Compensation Ratio":{"score":0.17477826465697013,"percentile":0.35961909543468357},"Program Expense Growth":{"score":0.38506962054913196,"percentile":0.8975664973723244},"Revenue Growth":{"score":-0.13366155175676403,"percentile":0.11301927208049832},"Asset Growth":{"score":-0.26261027349352883,"percentile":0.03844789780945361},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.45360792213277157,"percentile":0.2184414673835984}},"source_xml":"202522389349301907_public.xml"},{"Organization":{"value":null,"Person":["BRADLEY JANKORD","JENNIFER OBERG","ERIC CHRISTIANSON","DREW DUNCAN","JONI EKSTRUM","NATE ENGBERS","JESSE FONKERT","BRENT HEINERT","JULIE JOHNSON","JEREMY KEIZER","DAN KOLBERG","MICHELLE MALONEY","DAVID MUNSON","RUSSEL OLSON","KYLE PETERS","BROOKE ROLLAG","JOHN SCHRAMM","RANDY SNYDERS","ALEX SOUNDY","LUKE TIBBETS","KEVIN WAGNER"],"Title":["VP OF LENDIN","EXECUTIVE DI","DIRECTOR","DIRECTOR","DIRECTOR","TREASURER","SECRETARY","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CHAIRMAN","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","VICE CHAIRMA","DIRECTOR"],"Hours":[40.0,40.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[122144,105445,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[122144,105445,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"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.","year":2023,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JENNIFER OBERG","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":null,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"196 EAST 6TH STREET SUITE 200, SIOUX FALLS, SD, 57104, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57104},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":19,"Number of independent voting members":19,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":640183,"Contributions":{"value":150000,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":150000,"Related organizations":0},"Program revenue":{"value":487286,"Total revenue":{"value":487286,"FEE INCOME":454277,"OTHER INCOME":33009},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":2897,"Investment income total":2897,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":550462,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":349578,"Current officers":105445,"Disqualified persons":0,"Other salaries and wages":197492,"Pension plan contributions":12325,"Other employee benefits":10499,"Payroll taxes":23817},"Other expenses":{"value":200884,"Management services":0,"Legal":46021,"Accounting":17523,"Lobbying services":0,"Investment management fees":0,"Other services":810,"Advertising":33834,"Office expenses":6933,"Information technology":0,"Royalties":0,"Occupancy":24971,"Travel":6224,"Conferences and meetings":1798,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":3228,"Insurance":10224,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":44772,"INTEREST":17016,"LEGAL DOCUMENT FEES":12554,"CDC VENTURE":10200,"OTHER EXPENSES":5002},"All other expenses":4546},"Functional Expenses":{"value":null,"Program Service Expenses":421336,"Management And General Expenses":129126,"Fundraising Expenses":0}},"Assets":{"value":182348,"Non-interest bearing cash":0,"Savings and temp cash investments":14349,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":12874,"Land, building, equipment":1452,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":153673},"Liabilities":{"value":252620,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":252620},"Fund balance":{"value":-70272,"Net assets without donor restriction":-220272,"Net assets with donor restriction":150000,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7654224996457522,"percentile":0.5875758259286411},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.1401489886485583,"percentile":0.6853658044473665},"Liabilities to Assets Ratio":{"score":1.385373023010946,"percentile":0.03034189399786639},"Operating Reserve Ratio":{"score":0.3312635567941111,"percentile":0.17715564201469647},"Officer Compensation Ratio":{"score":0.41345088307639766,"percentile":0.10763953159561172},"Program Expense Growth":{"score":0.48181265463401834,"percentile":0.9261148876479112},"Revenue Growth":{"score":-0.16397412619978913,"percentile":0.09309486873892556},"Asset Growth":{"score":-0.27011038205318505,"percentile":0.03703039143754379},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5410000281437721,"percentile":0.43122136844317727}},"source_xml":"202401439349300045_public.xml"},{"Organization":{"value":null,"Person":["ROBERT J FOUBERG","DAVID R MUNSON","FRED W ROMKEMA","MATT JUDSON","ROBERT MILLER","RUSS OLSON","DOUG KNUST","ROBERT O THOEN","JODY BENDER"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[675,825,750,600,825,600,675,900,675],"Direct compensation":[675,825,750,600,825,600,675,900,675],"Other compensation":[0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Economic development loans to help businesses start up and expand in south dakota.","year":2015,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6057733301,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"ROBERT MILLER","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":0,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"711 E WELLS AVE, PIERRE, SD, 57501, USA","city":"PIERRE","state":"SD","country":"USA","zip_code":57501},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":276827,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":158835,"Total revenue":158456,"Total other revenue":379,"Unrelated business revenue":0},"Investment income":{"value":117992,"Investment income total":117992,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":204147,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":6525,"Current officers":6525,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":197622,"Management services":0,"Legal":12275,"Accounting":17436,"Lobbying services":0,"Investment management fees":0,"Other services":31411,"Advertising":12493,"Office expenses":593,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":2561,"Conferences and meetings":19788,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":2286,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":96599,"PROVISION FOR LOAN LOSS":91249,"DUES & FEES":5350},"All other expenses":2180},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":14991064,"Non-interest bearing cash":0,"Savings and temp cash investments":7262330,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":7057870,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":670864,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":14991064,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":14991064,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.26254664465532623,"percentile":0.810247419894393},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":73.43269310839737,"percentile":0.9863155909987735},"Officer Compensation Ratio":{"score":0.03196226248732531,"percentile":0.8495282403773882},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-1.0303161848163176,"percentile":0.004613014372660002},"Asset Growth":{"score":-0.05486816556992389,"percentile":0.1566986568173898},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.626860080865088,"percentile":0.6815407939751815}},"source_xml":"201602649349300215_public.xml"},{"Organization":{"value":null,"Person":["ROBERT MILLER","DAVID R MUNSON","FRED W ROMKEMA","MATT JUDSON","RUSS OLSON","ROBERT O THOEN","JODY BENDER","ROBERT J FOUBERG","JOHN SCHRAMM"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER/ASST SEC.","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[750,750,675,525,525,750,675,600,675],"Direct compensation":[750,750,675,525,525,750,675,600,675],"Other compensation":[0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The principle objective of the corporation 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.","year":2017,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"ROBERT MILLER","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":0,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"2329 N CAREER AVE NO 232, SIOUX FALLS, SD, 57107, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57107},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":380588,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":329032,"Total revenue":{"value":327510,"FEE INCOME":185103,"LOAN LOSS RECOVERIES":142407},"Total other revenue":1522,"Unrelated business revenue":0},"Investment income":{"value":51556,"Investment income total":114613,"Net investment gain":-63057,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":148846,"Grant expense":{"value":500,"Grants to domestic orgs":500,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":6225,"Current officers":5925,"Disqualified persons":0,"Other salaries and wages":300,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":142121,"Management services":0,"Legal":9551,"Accounting":16749,"Lobbying services":0,"Investment management fees":0,"Other services":46301,"Advertising":5475,"Office expenses":354,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":12932,"Conferences and meetings":26539,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":2834,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":20886,"All other expenses":500},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":13885370,"Non-interest bearing cash":0,"Savings and temp cash investments":704478,"Pledges and grants receivable":0,"Accounts receivable":8731,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":187440,"Investments program related":12984721,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":13885370,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":13885370,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.608905167792994,"percentile":0.9437664456957547},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":93.2868199346976,"percentile":0.9887647352331396},"Officer Compensation Ratio":{"score":0.0398062426937909,"percentile":0.8083819321363563},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.28696000222062146,"percentile":0.04960285297455017},"Asset Growth":{"score":-0.047929604381037876,"percentile":0.1691326773067491},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6547524355932006,"percentile":0.7531929054234445}},"source_xml":"201831919349301403_public.xml"},{"Organization":{"value":null,"Person":["BRADLEY JANKORD","JENNIFER OBERG","ERIC CHRISTIANSON","DREW DUNCAN","JONI EKSTRUM","NATE ENGBERS","JESSE FONKERT","BRENT HEINERT","JULIE JOHNSON","JEREMY KEIZER","DAN KOLBERG","MICHELLE MALONEY","DAVID MUNSON","RUSSEL OLSON","KYLE PETERS","BROOKE ROLLAG","JOHN SCHRAMM","RANDY SNYDERS","ALEX SOUNDY","LUKE TIBBETS","KEVIN WAGNER"],"Title":["VP OF LENDIN","EXECUTIVE DI","DIRECTOR","DIRECTOR","DIRECTOR","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CHAIRMAN","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","VICE CHAIRMA","DIRECTOR"],"Hours":[40.0,40.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[125944,123915,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[125944,123915,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"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.","year":2022,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JENNIFER OBERG","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":null,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"196 EAST 6TH STREET SUITE 200, SIOUX FALLS, SD, 57104, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57104},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":19,"Number of independent voting members":19,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":433578,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":433449,"Total revenue":{"value":433449,"FEE INCOME":411370,"OTHER INCOME":22079},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":129,"Investment income total":129,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":560859,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":362925,"Current officers":123915,"Disqualified persons":0,"Other salaries and wages":193661,"Pension plan contributions":0,"Other employee benefits":20279,"Payroll taxes":25070},"Other expenses":{"value":197934,"Management services":0,"Legal":46556,"Accounting":14561,"Lobbying services":0,"Investment management fees":0,"Other services":1422,"Advertising":32425,"Office expenses":18625,"Information technology":0,"Royalties":0,"Occupancy":20450,"Travel":5953,"Conferences and meetings":1972,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":11163,"Insurance":16301,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":28506,"DUES AND FEES":20234,"INTEREST":8272},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":384363,"Management And General Expenses":176496,"Fundraising Expenses":0}},"Assets":{"value":115137,"Non-interest bearing cash":0,"Savings and temp cash investments":33622,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":8219,"Land, building, equipment":4680,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":68616},"Liabilities":{"value":275130,"Sum of Total Liabilities":0,"Accounts payable, accrued":5334,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":269796},"Fund balance":{"value":-159993,"Net assets without donor restriction":-159993,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.685311281445069,"percentile":0.5287248354587418},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.2935596363284115,"percentile":0.11501098808379354},"Liabilities to Assets Ratio":{"score":2.3895880559681077,"percentile":0.01520177538743398},"Operating Reserve Ratio":{"score":0.20528689028793334,"percentile":0.1179455238701127},"Officer Compensation Ratio":{"score":0.4454934306126852,"percentile":0.0925336512421937},"Program Expense Growth":{"score":0.6387096774193547,"percentile":0.9552249741002793},"Revenue Growth":{"score":-0.23367342491565643,"percentile":0.06367790817702082},"Asset Growth":{"score":-0.27883593398979073,"percentile":0.035484759984153985},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4251573551439748,"percentile":0.16430381432782248}},"source_xml":"202322199349300802_public.xml"},{"Organization":{"value":null,"Person":["ROBERT MILLER","DAVID MUNSON","FRED ROMKEMA","ROBERT THOEN","RUSSELL OLSON","JOHN SCHRAMM","JAMES BORSZICH","RANDY SNYDERS","TERRY SABERS","TED BANGERT","JULIE JOHNSON","DAN KOLBERG","KIM EASLAND","PAUL BISON","MATT JUDSON","ROBERT FOUBERG","JODY BENDER","BEN KYTE","JENNIFER OBERG"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER/ASST SEC.","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR (UNTIL MAY 2018)","DIRECTOR (UNTIL MARCH 2018)","DIRECTOR (UNTIL MAY 2018)","DIRECTOR (UNTIL MAY 2018)","DIRECTOR (UNTIL MAY 2018)","EXECUTIVE DIRECTOR"],"Hours":[8.0,5.0,5.0,10.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,40.0],"Total Compensation":[1100,1000,775,975,775,1125,400,475,0,175,175,125,500,0,300,375,375,0,63864],"Direct compensation":[1100,1000,775,975,775,1125,400,475,0,175,175,125,500,0,300,375,375,0,61219],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,2645]},"Basic":{"value":null,"mission":"12 the principle objective of the corporation 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.","year":2018,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"ROBERT MILLER","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":3,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"2329 N CAREER AVE NO 204, SIOUX FALLS, SD, 57107, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57107},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":13,"Number of independent voting members":13,"Number of employees total":2,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":2,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":141740,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":112675,"Total revenue":105237,"Total other revenue":7438,"Unrelated business revenue":0},"Investment income":{"value":29065,"Investment income total":29065,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":13417306,"Grant expense":{"value":13193500,"Grants to domestic orgs":13193500,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":110217,"Current officers":72514,"Disqualified persons":0,"Other salaries and wages":30108,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":7595},"Other expenses":{"value":113589,"Management services":0,"Legal":6705,"Accounting":22380,"Lobbying services":0,"Investment management fees":0,"Other services":10766,"Advertising":1508,"Office expenses":7614,"Information technology":0,"Royalties":0,"Occupancy":6626,"Travel":25310,"Conferences and meetings":6307,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":4865,"Insurance":6278,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":15048,"All other expenses":182},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":613464,"Non-interest bearing cash":0,"Savings and temp cash investments":567336,"Pledges and grants receivable":0,"Accounts receivable":7305,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":4159,"Land, building, equipment":34664,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":3660,"Sum of Total Liabilities":0,"Accounts payable, accrued":3660,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":609804,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":609804,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-93.66139410187668,"percentile":0.0031055628460716503},"Liabilities to Assets Ratio":{"score":0.005966120261335629,"percentile":0.5222130317436127},"Operating Reserve Ratio":{"score":0.045721846099358546,"percentile":0.04312062080824791},"Officer Compensation Ratio":{"score":0.005404512649558712,"percentile":0.979628794845735},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.3353907417189385,"percentile":0.04032699012360818},"Asset Growth":{"score":-0.19556076237962775,"percentile":0.05526256249602238},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.3922104206339936,"percentile":0.10945721557728678}},"source_xml":"201911839349300806_public.xml"},{"Organization":{"value":null,"Person":["ROBERT J FOUBERG","DAVID R MUNSON","FRED W ROMKEMA","ROBERT MILLER","RUSS OLSON","DOUG KNUST","ROBERT O THOEN"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[1.0,1.0,1.0,1.0,1.0,1.0,1.0],"Total Compensation":[900,900,750,825,750,825,825],"Direct compensation":[900,900,750,825,750,825,825],"Other compensation":[0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Economic development loans to help businesses start up and expand in south dakota.","year":2013,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6057733301,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"ROBERT J FOUBERG","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":7,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"711 E WELLS AVE, PIERRE, SD, 57501, USA","city":"PIERRE","state":"SD","country":"USA","zip_code":57501},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2446960,"Contributions":{"value":2000000,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2000000,"Related organizations":0},"Program revenue":{"value":211253,"Total revenue":{"value":211253,"FEE INCOME":209280,"OTHER INCOME":1973},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":235707,"Investment income total":235707,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":442335,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":5775,"Current officers":5775,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":436560,"Management services":0,"Legal":14970,"Accounting":3662,"Lobbying services":0,"Investment management fees":0,"Other services":24603,"Advertising":43603,"Office expenses":1450,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":4981,"Conferences and meetings":7411,"Interest":94,"Payments to affiliates":0,"Depreciation and depletion":0,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":335610,"BAD DEBT":184703,"LOAN FORGIVENESS":115000,"EQUITY FUNDRAISING EXPE":31157,"DUES & FEES":4750},"All other expenses":176},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":16695828,"Non-interest bearing cash":0,"Savings and temp cash investments":9040188,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":6921922,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":0,"Investments publicly traded":0,"Investments other":733718,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":16695828,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":12695828,"Temporarily restricted net assets":4000000,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.81923080066695,"percentile":0.9750183372501033},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":37.74475906270135,"percentile":0.9746917046985617},"Officer Compensation Ratio":{"score":0.013055715690596494,"percentile":0.9468202683503725},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7795270677438556,"percentile":0.9447824296658875}},"source_xml":"201421569349300602_public.xml"},{"Organization":{"value":null,"Person":["JENNIFER OBERG","BRENT HEINERT","DAN KOLBERG","MICHELLE MALONEY","DAVID MUNSON","BROOKE ROLLAG","JOHN SCHRAMM","RANDY SNYDERS","FRED ROMKEMA","JULIE JOHNSON","RUSSEL OLSON","TERRY SABERS","LUKE TIBBETS"],"Title":["EXECUTIVE DI","DIRECTOR","DIRECTOR","DIRECTOR","VICE CHAIRMA","DIRECTOR","JOHN SCHRAMM","SECRETARY","DIRECTOR","DIRECTOR","CHAIRMAN","DIRECTOR","DIRECTOR"],"Hours":[40.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[109230,200,200,200,200,200,200,200,100,0,0,0,0],"Direct compensation":[109230,200,200,200,200,200,200,200,100,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"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.","year":2020,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JENNIFER OBERG","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":null,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"2329 N CAREER AVE STE 217, SIOUX FALLS, SD, 57107, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57107},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":4,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":4,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":204440,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":201790,"Total revenue":{"value":201790,"FEE INCOME":187959,"OTHER INCOME":13831},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":2650,"Investment income total":2650,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":409922,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":245143,"Current officers":109230,"Disqualified persons":0,"Other salaries and wages":108331,"Pension plan contributions":0,"Other employee benefits":10013,"Payroll taxes":17569},"Other expenses":{"value":164779,"Management services":0,"Legal":37616,"Accounting":17561,"Lobbying services":0,"Investment management fees":0,"Other services":25000,"Advertising":9715,"Office expenses":6108,"Information technology":0,"Royalties":0,"Occupancy":14053,"Travel":3093,"Conferences and meetings":668,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":11164,"Insurance":13109,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":26692,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":201610,"Non-interest bearing cash":0,"Savings and temp cash investments":166977,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":7629,"Land, building, equipment":27004,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":7833,"Sum of Total Liabilities":0,"Accounts payable, accrued":7833,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":193777,"Net assets without donor restriction":193777,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-1.0050968499315203,"percentile":0.0414373958435023},"Liabilities to Assets Ratio":{"score":0.038852239472248404,"percentile":0.40913265916461417},"Operating Reserve Ratio":{"score":0.49182527407653165,"percentile":0.24762264869320705},"Officer Compensation Ratio":{"score":0.27012456028220005,"percentile":0.21739525393067902},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.32270713089066616,"percentile":0.04251605120146389},"Asset Growth":{"score":-0.2921799408710493,"percentile":0.033285886868076306},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.35631726035148237,"percentile":0.058461321862745316}},"source_xml":"202142649349300629_public.xml"},{"Organization":{"value":null,"Person":["JENNIFER OBERG","ROBERT THOEN","JOHN SCHRAMM","RANDY SNYDERS","ROBERT MILLER","DAVID MUNSON","DAN KOLBERG","FRED ROMKEMA","RUSSELL OLSON","BRENT HEINERT","JULIE JOHNSON","JAMES BORSZICH","MICHELLE MALONEY","TED BANGERT","BROOKE ROLLAG","TERRY SABERS","KIM EASLAND"],"Title":["EXECUTIVE DIRECTOR","TREASURER/ASST SEC.","DIRECTOR","DIRECTOR","CHAIRMAN","VICE CHAIRMAN","DIRECTOR","SECRETARY","DIRECTOR","DIRECTOR (BEGINNING MAY 2019)","DIRECTOR (BEGINNING MAY 2019)","DIRECTOR","DIRECTOR (BEGINNING MAY 2019)","DIRECTOR","DIRECTOR (BEGINNING MAY 2019)","DIRECTOR","DIRECTOR (UNTIL MAY 2019)"],"Hours":[40.0,15.0,3.0,3.0,16.0,5.0,3.0,5.0,8.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[93153,1200,1200,1100,1000,1000,750,700,700,700,650,600,600,500,500,200,0],"Direct compensation":[86450,1200,1200,1100,1000,1000,750,700,700,700,650,600,600,500,500,200,0],"Other compensation":[6703,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The principle objective of the corporation 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.","year":2019,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"RUSSELL OLSON","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":1,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"2329 N CAREER AVE NO 204, SIOUX FALLS, SD, 57107, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57107},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":15,"Number of independent voting members":15,"Number of employees total":2,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":2,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":105262,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":99232,"Total revenue":96715,"Total other revenue":2517,"Unrelated business revenue":0},"Investment income":{"value":6030,"Investment income total":6030,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":315807,"Grant expense":{"value":350,"Grants to domestic orgs":350,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":164861,"Current officers":104553,"Disqualified persons":0,"Other salaries and wages":49346,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":10962},"Other expenses":{"value":150596,"Management services":0,"Legal":9557,"Accounting":16915,"Lobbying services":0,"Investment management fees":0,"Other services":13537,"Advertising":13120,"Office expenses":8611,"Information technology":0,"Royalties":0,"Occupancy":13405,"Travel":38841,"Conferences and meetings":8420,"Interest":154,"Payments to affiliates":0,"Depreciation and depletion":7496,"Insurance":6778,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":13762,"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":421912,"Non-interest bearing cash":0,"Savings and temp cash investments":367968,"Pledges and grants receivable":0,"Accounts receivable":6763,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":9013,"Land, building, equipment":27168,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":11000,"Other assets":0},"Liabilities":{"value":22653,"Sum of Total Liabilities":0,"Accounts payable, accrued":22653,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":399259,"Net assets without donor restriction":399259,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-2.000199502194524,"percentile":0.02445870210788193},"Liabilities to Assets Ratio":{"score":0.053691291074916096,"percentile":0.3824584216192831},"Operating Reserve Ratio":{"score":1.3359805197478207,"percentile":0.5058096191003745},"Officer Compensation Ratio":{"score":0.33106612583001643,"percentile":0.16028398859708715},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.347727087918917,"percentile":0.03836050271973831},"Asset Growth":{"score":-0.2618701749317297,"percentile":0.038594246370793985},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.3639500646173161,"percentile":0.06913090457270973}},"source_xml":"202002969349300020_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["ERIC CHRISTIANSON","DREW DUNCAN","JONI EKSTRUM","NATE ENGBERS","ALEX SOUNDY","BRENT HEINERT","JULIE JOHNSON","KYLE PETERS","JOHN SCHRAMM","RANDY SNYDERS","LUKE TIBBETTS","KEVIN WAGNER","DEREK SIMONSEN","JENNIFER OBERG"],"Title":["DIRECTOR","DIRECTOR","VICE CHAIRMAN","DIRECTOR","SECRETARY","TREASURER","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","CHAIRMAN","DIRECTOR","DIRECTOR","EXECUTIVE DIRECTOR"],"Hours":[3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,105938],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,105938],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"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.","year":2024,"name":"SOUTH DAKOTA DEVELOPMENT CORPORATION","phone":6052751504,"website":null,"type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JENNIFER OBERG","year_formation":1983,"state_legal_domicile":"SD","total_volunteers":0,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"196 EAST 6TH STREET 200, SIOUX FALLS, SD, 57104, USA","city":"SIOUX FALLS","state":"SD","country":"USA","zip_code":57104},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":14,"Number of independent voting members":14,"Number of employees total":6,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":6,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":505928,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":500010,"Total revenue":{"value":500010,"FEE INCOME":469590,"OTHER INCOME":30420},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":5918,"Investment income total":5918,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":0,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":606128,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":345033,"Current officers":105938,"Disqualified persons":0,"Other salaries and wages":186328,"Pension plan contributions":16539,"Other employee benefits":13579,"Payroll taxes":22649},"Other expenses":{"value":261095,"Management services":0,"Legal":33631,"Accounting":29342,"Lobbying services":0,"Investment management fees":0,"Other services":5990,"Advertising":31716,"Office expenses":19531,"Information technology":0,"Royalties":0,"Occupancy":22231,"Travel":11527,"Conferences and meetings":3098,"Interest":22416,"Payments to affiliates":0,"Depreciation and depletion":1025,"Insurance":11346,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":68935,"LEGAL DOCUMENT FEES":41311,"CDC VENTURE":10950,"REPAIRS AND MAINTENANCE":10671,"DUES AND SUBSCRIPTIONS":6003},"All other expenses":307},"Functional Expenses":{"value":null,"Program Service Expenses":433888,"Management And General Expenses":172240,"Fundraising Expenses":0}},"Assets":{"value":213301,"Non-interest bearing cash":0,"Savings and temp cash investments":35507,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":9618,"Land, building, equipment":427,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":167749},"Liabilities":{"value":383773,"Sum of Total Liabilities":0,"Accounts payable, accrued":39921,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":343852},"Fund balance":{"value":-170472,"Net assets without donor restriction":-320472,"Net assets with donor restriction":150000,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.7158355990813822,"percentile":0.547097065244536},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.1980518967125757,"percentile":0.15236456267059656},"Liabilities to Assets Ratio":{"score":1.7992086300579933,"percentile":0.021126356653933826},"Operating Reserve Ratio":{"score":0.3519075178840113,"percentile":0.18653146490513128},"Officer Compensation Ratio":{"score":0.17477826465697013,"percentile":0.35961909543468357},"Program Expense Growth":{"score":0.38506962054913196,"percentile":0.8975664973723244},"Revenue Growth":{"score":-0.13366155175676403,"percentile":0.11301927208049832},"Asset Growth":{"score":-0.26261027349352883,"percentile":0.03844789780945361},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.45360792213277157,"percentile":0.2184414673835984}},"source_xml":"202522389349301907_public.xml"},"sector":"Public, Societal Benefit","donation_categories":[],"zakat_policy":null},"error":null}