Overview

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Est.

1981

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ALLY DAKOTA DEVELOPMENT INC is a nonprofit organization focused on promoting economic development in South Dakota and the Rapid City/Black Hills regional trade zone, extending to contiguous counties in Nebraska and Wyoming. With an operating budget of $1.1 million and total revenue of $3.9 million for the filing year 2025, the organization provides technical assistance and administers a revolving loan program to support economic base expansion. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its initiatives. For more information, visit www.bhced.org.

Mission Statement

PROMOTE ECONOMIC DEVELOPMENT IN THE STATE OF SOUTH DAKOTA AND THE RAPID CITY/BLACK HILLS REGIONAL TRADE ZONE WITHIN A 200 MILE RADIUS TO INCLUDE CONTIGUOUS COUNTIES IN NEBRASKA AND WYOMING AND PROVIDE TECHNICAL ASSISTANCE TO AID IN ECONOMIC BASE EXPANSION INCLUDING THE ADMINISTRATION OF A REVOLVING LOAN PROGRAM.
Revenues
$3.9M
Expenses
$1.1M
Net Income:
+$2.9M
Assets
$6M
Liabilities
$386.2K
Net Assets:
+$5.6M
Operating Budget
$1.1M
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
J
James Mortensen
Board Member
K
Kory Menken
Board Member
F
Frances White
Board Member

Frequently Asked Questions

What is ALLY DAKOTA DEVELOPMENT INC’s budget?
In 2025, ALLY DAKOTA DEVELOPMENT INC reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does ALLY DAKOTA DEVELOPMENT INC support?
ALLY DAKOTA DEVELOPMENT INC supports work in Economic development.
Where does ALLY DAKOTA DEVELOPMENT INC operate?
ALLY DAKOTA DEVELOPMENT INC is headquartered in Rapid City, SD.
Who funded ALLY DAKOTA DEVELOPMENT INC recently?
In 2025, ALLY DAKOTA DEVELOPMENT INC received grants from FIRST DISTRICT DEVELOPMENT COMPANY, WEST RIVER FOUNDATION, and BLACK HILLS AREA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant ALLY DAKOTA DEVELOPMENT INC received in 2020?
The largest grant to ALLY DAKOTA DEVELOPMENT INC in 2020 exceeds $10 thousand.