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Filing year 2023

WEST RIVER FOUNDATION

Sturgis, South Dakota·EIN 36-3354458·3
Total revenue
$4.1M
Total assets
$8M
Total expenses
$4.1M
Reported officers
6
Mission

TO ACT AS A VEHICLE TO IMPROVE EDUCATIONAL, ORGANIZATIONAL, AND ECONOMIC RESOURCES FOR SCHOOLS AND COMMUNITIES IN SOUTH DAKOTA. THE FOUNDATION IS COMMITTED TO ADVANCING PUBLIC EDUCATION, HOUSING OPPORTUNITIES, COMMUNITY SERVICES, AND ECONOMIC EXPANSION THROUGH SOFTWARE/HARDWARE SALES, CONTRACTED SERVICES, GRANT PROGRAMS, HOUSING DEVELOPMENT, AND THE LEASING OF PROPERTY AND EQUIPMENT FOR THE BENEFIT OF ANY PUBLIC OR NON-PROFIT EDUCATION OR COMMUNITY ORGANIZATION IN SOUTH DAKOTA.

Executive compensation

Form 990 · Schedule J · 6 reported individuals · Filing year 2023

Executive Director
$44k
$49k
Vice President
vice president
$4k
$4k
Treasurer
officer (unspecified)
$4k
$4k
Secretary
officer (unspecified)
$4k
$4k
Director
board member
$4k
$4k

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.

Down 13%
from 2022

From $51k in 2022 to $44k in 2023.

$51k
2022
$44k
2023
In today's dollarsEst.
Down 17% in real terms$58k to $49k

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

WEST RIVER FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.3M
$4.1M
2022
$4.1M
$4.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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