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Filing year 2024

RESEARCH PARK AT SDSU

Brookings, South Dakota·EIN 20-2506183·NTEE B99 · Education·3
Total revenue
$1.7M
Total assets
$38.7M
Total expenses
$1.8M
Reported officers
10
Mission

THE SDSU GROWTH PARTNERSHIP, LTD IS DEDICATED TO SERVE THE BROOKINGS AREA, THE STATE OF SOUTH DAKOTA AND ADJACENT COMMUNITIES AND STATES. TO ACCOMPLISH THIS GOAL, A LONG-TERM DEVELOPMENT STRATEGY HAS BEEN INCORPORATED THAT WILL, OVER DECADES, BUILD UP AN ECONOMIC BASE OF NEWLY DEVELOPED TECHNOLOGIES AND BUSINESSES WHICH WILL EXPAND THROUGHOUT THE REGION AND STATE OF SOUTH DAKOTA. THE RESEARCH PARK WILL CONTINUE TO EXPAND WITH ADDITIONAL BUILDINGS AND RESEARCH PROJECTS, ENHANCING THE ECONOMIC WELL-BEING OF THE CITY OF BROOKINGS AND ITS SURROUNDING AREAS AND IMPROVE ITS QUALITY OF LIFE AND PROSPERITY. THE WHOLE INTENT OF THE PARK IS TO EXPAND AND COMMERCIALIZE UNIVERSITY AND LOCAL INNOVATION. JOB CREATION, EMPLOYEE WEALTH, AND NEW BUSINESS DEVELOPMENT ARE CORE PILLARS TO THE ORGANIZATION.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Ceo/executive Director/sec
director (operational)
$190k
$205k
Base
$185k
Bonus
Other
Benefits

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 9 unpaid individuals.

Browse compensation in Education

Climbed 26%
over 3 years

From $151k in 2021 to $190k in 2024.

$151k
2021
$175k
2023
$190k
2024
In today's dollarsEst.
Up 10% in real terms$187k to $205k

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.

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

Revenue and expenses over time

RESEARCH PARK AT SDSU reported revenue and expenses across 3 filing years.

RevenueExpenses
$2.3M
$769k
2021
$4M
$1.3M
2023
$1.7M
$1.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn

Comparable education organizations nationwide pay their highest-earning executive a median of $104,040.

25th percentile
$40k
Median
$104,040
75th percentile
$200k
90th percentile
$385k

These are education sector-wide figures, not this organization's reported pay. Based on 10,663 organizations across 10,663 filings (2021 – 2023).

See full Education compensation data
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