Overview

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Est.

1978

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Northeast South Dakota Economic Corporation (EIN: 46-0350177) is a nonprofit organization dedicated to stimulating economic opportunities through loans, technical support, and partnerships, primarily focusing on entrepreneurship. With an operating budget of $1 million and total revenue of $1.8 million for the filing year 2025, the organization has a diverse funding base, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.growsd.org.

Mission Statement

TO STIMULATE ECONOMIC OPPORTUNITIES THROUGH LOANS, TECHNICAL SUPPORT AND PARTNERSHIPS
Revenues
$1.8M
Expenses
$1.1M
Net Income:
+$708.2K
Assets
$33M
Liabilities
$11.9M
Net Assets:
+$21.1M
Operating Budget
$1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$65K
Largest grant received
$100K
D
Daniel Menking
Board Member
J
Joell Bieber
Board Member
C
Colleen Cordell
Board Member

Frequently Asked Questions

What is NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION’s budget?
In 2025, NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION reported an annual operating budget of around $1 million. More detailed financial information is available to registered users.
What causes does NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION support?
NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION supports work in Entrepreneurship.
Where does NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION operate?
NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION is headquartered in Sisseton, SD.
Who funded NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION recently?
In 2024, NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION received grants from SOUTH DAKOTA COMMUNITY FOUNDATION, Wells Fargo Foundation, and NE SOUTH DAKOTA COMMUNITY ACTION PROGRAM INC. More information on this organization’s funders is available to registered users.
What is the largest grant NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION received in 2024?
The largest grant to NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION in 2024 exceeds $100 thousand.
What is NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION’s reliance on government grants?
NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION relied on government grants for more than 20% of their total revenue in 2025.