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Filing year 2023

SIOUX FALLS DEVELOPMENT FOUNDATION INC

Sioux Falls, South Dakota·EIN 46-0243934·501(c)(6)
Total revenue
$21.6M
Total assets
$99.3M
Total expenses
$19M
Reported officers
23
Mission

TO COLLABORATIVELY CREATE QUALITY ECONOMIC GROWTH AND WORKFORCE DEVELOPMENT IN SIOUX FALLS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President &
75th to 90th percentile
$287k
$317k
Base
$213k
Bonus
$20k
Other
$8k
Benefits
$32k
VP - Economi
Board Vice President
75th to 90th percentile
$217k
$240k
Base
$174k
Bonus
$10k
Other
$8k
Benefits
$13k
CFO
75th to 90th percentile
$192k
$212k
Base
$153k
Bonus
Other
$785
Benefits
$29k
VP - Workfor
Board Vice President
Median to 75th percentile
$157k
$173k
Base
$142k
Bonus
Other
Benefits
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Up 1%
from 2022

From $283k in 2022 to $287k in 2023.

$283k
2022
$287k
2023
In today's dollarsEst.
Down 2% in real terms$325k to $317k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue rose 28%.

$283k in 2022 to $287k in 2023.
  • Board Vice President pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SIOUX FALLS DEVELOPMENT FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$16.8M
$2.8M
2022
$21.6M
$19M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SIOUX FALLS DEVELOPMENT FOUNDATION INC

What does the Chief Executive Officer of SIOUX FALLS DEVELOPMENT FOUNDATION INC earn?

In 2023, the Chief Executive Officer of SIOUX FALLS DEVELOPMENT FOUNDATION INC received $287,209 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SIOUX FALLS DEVELOPMENT FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SIOUX FALLS DEVELOPMENT FOUNDATION INC falls between the 75th and 90th percentiles.

What are SIOUX FALLS DEVELOPMENT FOUNDATION INC's revenue and expenses?

In 2023, SIOUX FALLS DEVELOPMENT FOUNDATION INC reported $21.6M in total revenue and $19M in total expenses on its IRS Form 990.

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