Program areas at Sioux Falls Development Foundation
The Sioux Falls Development Foundation seeks to promote the general welfare of the City of Sioux Falls, SD and the surrounding community by fostering business and employment. This purpose was achieved in 2021 through the sale of 25.5 acres of industrial park land to new and existing businesses along with workforce development activities that reached 22,738 potential employees and 141 prospective employers.
The organization places a strong emphasis on workforce development.
Partners with various organizations to assist new and existing business, market our community and foster emerging industries, promote international trade services office for the State of South Dakota.
Grants made by Sioux Falls Development Foundation
Personnel at Sioux Falls Development Foundation
Name | Title | Compensation | Date of data |
---|
Bob Mundt | President and Chief Executive Officer | $204,421 | 2023-08-05 |
Cory Buck | Vice President of Finance and Administration | $30,812 | 2023-08-05 |
Denise Guzzetta | Vice President of Talent and Workforce Development | $100,578 | 2023-08-05 |
Karen Ruhland | Director of Research , Membership and Communications | | 2023-08-05 |
Leah Blom | Director of Marketing and Digital Media | | 2023-08-05 |
...and 16 more key personnel |
Financials for Sioux Falls Development Foundation
Revenues | FYE 09/2022 | FYE 09/2021 | % Change |
---|
Total grants, contributions, etc. | $7,876,749 | $5,554,457 | 41.8% |
Program services | $988,763 | $1,056,202 | -6.4% |
Investment income and dividends | $30,232 | $603 | 4913.6% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $20,851 | $51,880 | -59.8% |
Net gain from sale of non-inventory assets | $-748,914 | $0 | -999% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $1,322,803 | $988,647 | 33.8% |
Miscellaneous revenues | $125,950 | $49,387 | 155% |
Total revenues | $9,616,434 | $7,701,176 | 24.9% |
Organizations like Sioux Falls Development Foundation
Organization | Type | Location | Revenue |
---|
Nevada Development Authority (NDA) | 501(c)(6) | Las Vegas, NV | $3,404,617 |
Southwest Business Improvement District (SWBID) | 501(c)(6) | Washington, DC | $4,241,632 |
Blount Partnership | 501(c)(6) | Maryville, TN | $3,104,359 |
World Trade Center Utah (WTC Utah) | 501(c)(6) | Salt Lake City, UT | $3,628,693 |
Murraycalloway Calloway Edc | 501(c)(6) | Murray, KY | $3,881,346 |
Sacramento Downtown Partnership | 501(c)(6) | Sacramento, CA | $5,886,119 |
Dayton Development Coalition (DDC) | 501(c)(6) | Dayton, OH | $5,338,922 |
Area Development Partnership (ADP) | 501(c)(6) | Hattiesburg, MS | $2,438,844 |
Downtown Tempe Authority | 501(c)(6) | Tempe, AZ | $3,042,031 |
Charleston Regional Development Alliance (CRDA) | 501(c)(6) | North Charleston, SC | $3,556,496 |
Data update history
August 20, 2023
Used new vendors
Identified 1 new vendor, including
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 6, 2023
Updated personnel
Identified 1 new personnel
August 2, 2023
Updated personnel
Identified 6 new personnel
May 21, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government funding
General information
- Address
- 200 N Phillips Ave 101
- Sioux Falls, SD 57101
- Metro area
- Sioux Falls, SD
- Website URL
- siouxfallsdevelopment.com/Â
- Phone
- (605) 339-0103
- Facebook page
- LCEDAMCEDAÂ
IRS details
- EIN
- 46-0243934
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1954
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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