NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION

As filed

Subsection

03

NTEE code

S430

Classification

1200

Street

104 E ASH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

2 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• GROW SOUTH DAKOTA

  EIN 56-2667948

• NE SOUTH DAKOTA COMMUNITY ACTION PROGRAM INC

  EIN 46-0282100

Mission and programs · 2024

• ECONOMIC/COMMUNITY DEVELOPMENT - REVOLVING LOAN PROGRAM (DIRECT LOANS) ASSISTS INDIVIDUALS THAT ARE OTHERWISE UNABLE TO OBTAIN FINANCING TO START OR EXPAND THEIR BUSINESS. IN THIS FISCAL PERIOD, NESDEC MADE 42 LOANS TOTALING 4,252,352 CREATING 114 AREA JOBS. AS OF SEPTEMBER 30,2025, NESDEC HAD 278 OUTSTANDING LOANS TOTALING 22,099,276.

  Expenses $772,521 · Grants $50,225 · Revenue $1,187,392

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,787,191

  Expenses

  $1,079,021

  Contributions

  $390,290

  Grants paid

  $50,225

• 2023

  Revenue

  $1,710,583

  Expenses

  $1,048,344

  Contributions

  $479,761

  Grants paid

  $45,423

• 2022

  Revenue

  $1,331,875

  Expenses

  $888,840

  Contributions

  $287,503

  Grants paid

  $19,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,763,514

  Expenses

  $912,959

  Assets (EOY)

  $28,795,164

• 2020 · 990

  Revenue

  $1,869,407

  Expenses

  $820,866

  Assets (EOY)

  $27,672,437

• 2019 · 990

  Revenue

  $1,004,922

  Expenses

  $730,342

  Assets (EOY)

  $26,109,216

• 2018 · 990

  Revenue

  $1,183,215

  Expenses

  $855,353

  Assets (EOY)

  $25,435,882

• 2017 · 990

  Revenue

  $2,401,574

  Expenses

  $985,752

  Assets (EOY)

  $26,004,797

• 2016 · 990

  Revenue

  $1,244,983

  Expenses

  $816,796

  Assets (EOY)

  $25,262,211

• 2015 · 990

  Revenue

  $1,317,545

  Expenses

  $784,674

  Assets (EOY)

  $25,680,445

• 2014 · 990

  Revenue

  $1,149,059

  Expenses

  $847,107

  Assets (EOY)

  $26,259,556

• 2013 · 990

  Revenue

  $1,585,240

  Expenses

  $972,467

  Assets (EOY)

  $24,822,841

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $916,725

  Assets (EOY)

  $23,690,132

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• NORTHEAST SOUTH DAKOTA COMMUNITY AC

  $21,909

  2023 · SUPPORT PROGRAMS

• NORTHEAST SOUTH DAKOTA COMMUNITY AC

  $20,703

  2024 · SUPPORT PROGRAMS

Where these grants went next →

Grants received

• OPPORTUNITY FINANCE NETWORK

  $125,000

  2022 · 2022 RENEWABLE ENERGY EFFICIENT GRANT

• SOUTH DAKOTA COMMUNITY FOUNDATION

  $100,000

  2024 · Community welfare and betterment

• NE SOUTH DAKOTA COMMUNITY ACTION PROGRAM INC

  $35,000

  2022 · MISSION STATEMENT

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files