Totals
- Total revenue
- $836,462
- Total expenses
- $974,337
- Contributions and grants received
- $355,149
- Grants paid
- $0
- Program service revenue
- $276,988
- Investment income
- $204,325
- Other revenue
- $0
- Total assets, end of year
- $6,115,052
- Total liabilities, end of year
- $173,822
- Net assets or fund balances, end of year
- $5,941,230
- Program services expenses (Part IX)
- $709,765
- Management and general expenses
- $184,962
- Fundraising expenses
- $79,610
- Program service expenses (Part III)
- $709,765
Program services were 72.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$225,000
-
1e · Government grants (contributions)
$2,860
-
1f · All other contributions, gifts and grants
$127,289
-
1g · Noncash contributions included above
$123,683
-
2a · Program service revenue: OFFICE RELATED SERVICES
total $276,988 · related or exempt $276,988
-
3 · Investment income
total $204,325 · excluded $204,325
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $346,842 · program services $260,131 · management and general $27,748 · fundraising $58,963
-
8 · Pension plan contributions
total $16,893 · program services $12,670 · management and general $1,351 · fundraising $2,872
-
9 · Other employee benefits
total $32,474 · program services $24,355 · management and general $2,598 · fundraising $5,521
-
10 · Payroll taxes
total $23,374 · program services $17,531 · management and general $1,870 · fundraising $3,973
-
11b · Fees: legal
total $21,688 · program services $9,760 · management and general $11,928
-
11c · Fees: accounting
total $52,070 · program services $23,431 · management and general $28,639
-
12 · Advertising and promotion
total $36,884 · program services $36,884
-
13 · Office expenses
total $30,237 · program services $25,702 · management and general $1,814 · fundraising $2,721
-
14 · Information technology
total $32,056 · program services $31,094 · management and general $962
-
16 · Occupancy
total $97,500 · management and general $97,500
-
17 · Travel
total $6,034 · program services $4,525 · management and general $483 · fundraising $1,026
-
20 · Interest
total $6 · management and general $6
-
22 · Depreciation, depletion and amortization
total $172,591 · program services $167,413 · management and general $5,178
-
23 · Insurance
total $10,339 · program services $9,615 · management and general $724
-
24a · Other expenses: MAINTENANCE
total $54,046 · program services $52,425 · management and general $1,621
-
24b · Other expenses: TELECOMMUNICATION SERVICE
total $25,949 · program services $19,462 · management and general $2,076 · fundraising $4,411
-
24c · Other expenses: UTILITIES
total $13,539 · program services $13,133 · management and general $406
-
24d · Other expenses: MISCELLANEOUS
total $1,092 · program services $1,092
-
24e · All other expenses
total $723 · program services $542 · management and general $58 · fundraising $123
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $445,140 · end of year $254,315
-
2 · Savings and temporary cash investments
beginning of year $677,340 · end of year $1,020,801
-
3 · Pledges and grants receivable
beginning of year $281,491 · end of year $50,000
-
4 · Accounts receivable
beginning of year $81,592 · end of year $10,904
-
7 · Other notes and loans receivable
beginning of year $3,375,529 · end of year $3,335,176
-
9 · Prepaid expenses and deferred charges
beginning of year $6,979 · end of year $11,324
-
10a · Land, buildings and equipment: cost or other basis
$1,613,272
-
10b · Land, buildings and equipment: accumulated depreciation
$398,801
-
10c · Land, buildings and equipment, net
beginning of year $1,335,609 · end of year $1,214,471
-
12 · Investments: other securities
beginning of year $200,001 · end of year $200,001
-
15 · Other assets
end of year $18,060
-
17 · Accounts payable and accrued expenses
beginning of year $166,671 · end of year $58,962
-
25 · Other liabilities
beginning of year $157,905 · end of year $114,860
-
27 · Net assets without donor restrictions
beginning of year $6,079,105 · end of year $5,941,230
Mission and programs · 2024
Mission
THE MISSION OF STARTUP SIOUX FALLS IS TO CREATE A THRIVING EPICENTER OF ENTREPRENEURSHIP AND PIPELINE OF DEMERGING RAPID GROWTH BUSISSES TO EXPAND AND DIVERSIFY THE SIOUX FALLS ECONOMY BY PROVIDING INCUBATOR, ACCELERATOR, AND OTHER ENTREPRENEURIAL DEVELOP SERVICES TO THESE BUSINESSES.
Activities or mission (Part I)
THE PURPOSE OF STARTUP SIOUX FALLS IS TO CREATE A THRIVING EPICENTER OR ENTREPRENEURSHIP AND PIPELINE OF EMERGING RAPID GROWTH BUSINESSES TO EXPAND AND DIVERSIFY THE SIOUX FALLS ECONOMY BY PROVIDING INCUBATOR, ACCELERATOR, AND OTHER ENTREPREURIAL DEVELOPMENT SERVICES TO THESE BUSINESSES.
-
TO ASSIST IN THE DEVELOPMENT AND EXPANSION OF EMERGING RAPID GROWTH BUSINESSES IN THE SIOUX FALLS REGION. TO PROVIDE OFFICE SPACE ALONG WITH OTHER ENTREPRENEURIAL SERIVCES TO THESE BUSINESSES.
Expenses $709,765 · Revenue $276,988
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bob Mundt Ed Sioux Falls Dev FdBOB MUNDT ED SIOUX FALLS DEV FD
DIRECTOR
- Total calculated
- $314,802
- From this org
- $0
- From related orgs
- $272,141
- Other
- $42,661
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- not reported + $272,141 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $14,567 related
- Nontaxable benefits
- not reported + $28,094 related
- Filer's total
- not reported + $314,802 related
-
Jeff Griffin Ed Greater Sf ChamberJEFF GRIFFIN ED GREATER SF CHAMBER
DIRECTOR
- Total calculated
- $281,060
- From this org
- $0
- From related orgs
- $242,432
- Other
- $38,628
- Hours/week
- 1 + 50 related
Schedule J breakdown matched by us
- Base
- not reported + $242,432 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $38,628 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $281,060 related
-
Brienne ManerBRIENNE MANER
PRESIDENT
- Total calculated
- $106,401
- From this org
- $0
- From related orgs
- $99,160
- Other
- $7,241
- Hours/week
- 40
-
Kim BurmaKIM BURMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris DaugaardCHRIS DAUGAARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arin GonsethARIN GONSETH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Faith LarsonFAITH LARSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alissa MattALISSA MATT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John MeyerJOHN MEYER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Cindy PetersonCINDY PETERSON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Scott PetersonSCOTT PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karla SantiKARLA SANTI
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Keith SeversonKEITH SEVERSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jael ThorpeJAEL THORPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chez TschetterCHEZ TSCHETTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Paul TschetterPAUL TSCHETTER
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SIOUX FALLS DEVELOPMENT FOUNDATION
501C6 · SD
-
SIOUX FALLS AREA CHAMBER OF COMMERC
501C6 · SD
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
FORWARD SIOUX FALLS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 23 January 2026
- IRS schema version
- 2024v5.0
- Source object
- 202621059349301852
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.