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Filing year 2024

SOUTH DAKOTA DEVELOPMENT CORPORATION

Sioux Falls, South Dakota·EIN 46-0404566·NTEE S43 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$506k
Total assets
$213k
Total expenses
$606k
Reported officers
14
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.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Executive Director
Median to 75th percentile
$106k
$114k

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 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SOUTH DAKOTA DEVELOPMENT CORPORATION equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
17%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 13%
from 2023

From $122k in 2023 to $106k in 2024.

$122k
2023
$106k
2024
In today's dollarsEst.
Down 16% in real terms$135k to $114k

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 held roughly steady from 2023 to 2024, while revenue fell 21%.

$105k in 2023 to $106k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about SOUTH DAKOTA DEVELOPMENT CORPORATION

What does the Chief Executive Officer of SOUTH DAKOTA DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of SOUTH DAKOTA DEVELOPMENT CORPORATION received $105,938 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTH DAKOTA DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at SOUTH DAKOTA DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2024, the highest total compensation at SOUTH DAKOTA DEVELOPMENT CORPORATION equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are SOUTH DAKOTA DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, SOUTH DAKOTA DEVELOPMENT CORPORATION reported $506k in total revenue and $606k in total expenses on its IRS Form 990.

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