Aberdeen Development Corporation
Recruit, retain, expand, and provide entrepreneurial support to enhance economic opportunity in Aberdeen and our surrounding region.
Aberdeen Development Corporation at a glance
In short: Aberdeen Development Corporation gave $10K across 1 grant in 2024 (avg $10K), mostly in South Dakota. Source: 2024 IRS Form 990 filing.
- Annual giving (2024)
- $10,000
- -97.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $10,000
- -97.0% vs 2023
- Median grant
- $10,000
- Total assets
- $10,731,122
- -6.3% vs 2023
- Primary geography
- South Dakota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated September 2026.
How to apply to Aberdeen Development Corporation
Open Grants
2 open opportunities from Aberdeen Development Corporation
Intermediary Re-lending Program (IRP) Loan Fund
Aberdeen Development Corporation
Amount
Varies
Deadline
Rolling (quarterly review)
South Dakota Governor's Office of Economic Development Community Based Childcare Planning Grant
Aberdeen Development Corporation
Amount
Varies
Deadline
Deadline not published
Who Aberdeen Development Corporation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Minds Matter PLLC ($10K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 6 grants of 8 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2020) to $333K (2023). In 2024 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minds Matter PLLC Aberdeen, SD | Economic development | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $10,731,122 | $911,814 | $1,283,368 | $10,000 | 1 | $214,225 |
| 2023 | $11,453,901 | $920,712 | $1,684,986 | $333,260 | 1 | $352,012 |
| 2022 | $12,144,487 | $1,606,263 | $1,041,174 | $79,898 | 4 | $1,236,697 |
| 2021 | $13,966,811 | $503,905 | $1,169,286 | — | — | $-367,105 |
| 2020 | $16,953,277 | $2,549,970 | $1,387,029 | $10,000 | 2 | $467,128 |
About Aberdeen Development Corporation
Based on IRS filings
Aberdeen Development Corporation is a nonprofit organization, based in Aberdeen, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.7M in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $214K.
Leadership & Key People
Officers and directors from IRS filings
Aberdeen Development Corporation is led by Michael Bockorny, CEO on every filing since 2020; 2 of 17 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael Bockorny
CEO
On filings since 2020
40 hrs/week
$160K (2020) → $210K (2024)
Tim Hanigan-Chair Jan-Sep
Interim CEO
New on the 2024 filing
40 hrs/week
$25K (2024)
Kip Hansen-Vice Chair Jan-Sep
Chair
New on the 2024 filing
4 hrs/week
No compensation reported
Char Hager
Director
Chair → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
David Kreber
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Mark Malchow
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Spencer Sommers
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Adam Butcher
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Jeff Lee
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Katie Washnok
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Keri Satrang
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Nicole Summner
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Ryan Schmike
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Paul Forst
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Shane Phillips
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Scott Noeldner
Secretary & Treasurer
Director, Secretary & Treasurer → Secretary & Treasurer, 2021
On filings since 2020
6 hrs/week
No compensation reported
Mark Gederos-Director Jan-Sep
Chair-Elect
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (15)
- Former: Kip Hansen (2020–2023) — Vice Chair
- Former: Mark Gederos (2020–2023) — Director
- Former: Tim Hanigan (2020–2023) — Chair
- Former: Angie Hammrich (2020–2022) — Director
- Former: Mike Sommers (2020–2022) — Director
- Former: Paul Darling (2020–2022) — Director
- Former: Bea Smith (2021–2022) — Director
- Former: Dave Giovannini (2021–2022) — Director
- Former: Neal Schnoor (2021–2022) — Director
- Former: Chris Pearson (2020–2021) — Director
- Former: Debbie Streier (2020–2021) — Vice Chair
- Former: Tess Moeller (2021) — Director
- Former: Dave Burgard (2020) — Director
- Former: Mike Jung (2020) — Director
- Former: Mike Williams (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $210K, to Michael Bockorny (CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Aberdeen Development Corporation
How much does Aberdeen Development Corporation give each year?
Aberdeen Development Corporation gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $333K across 1 grant.
How large is Aberdeen Development Corporation?
Aberdeen Development Corporation reported $10.7M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $912K.
Where does Aberdeen Development Corporation operate?
Aberdeen Development Corporation has awarded grants in South Dakota.
What is Aberdeen Development Corporation's EIN?
Aberdeen Development Corporation's EIN (Employer Identification Number) is 46-6011831. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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