Dell Rapids Development Company

Foundation · Grantmaker Dell Rapids, SD EIN: 46-0385169

Promotion of new business activity and the expansion of existing businesses in the city of dell rapids, south dakota.

Key facts about Dell Rapids Development Company

EIN
46-0385169
Latest 990 filing
Form 990, 2025
Total assets
$1,623,169

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.6M

-12.4% YoY

Revenue

$198K

+28.3% YoY

Net Investment Income

$42K

+2966.1% YoY

Expenses

$226K

+12.3% YoY

About Dell Rapids Development Company

Based on IRS filings

Dell Rapids Development Company is a nonprofit organization focused on Community Improvement & Capacity Building, based in Dell Rapids, SD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. Net investment income was $42K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Dell Rapids

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grants20190 grants20200 grants20210 grants20220 grants20231 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019202020212022202320242025
Metric202520242023
Total Assets$1,623,169$1,852,309$1,908,579
Revenue$198,050$154,387$346,521
Expenses$225,910$201,212$27,137
Qualifying Distributions———
Net Investment Income$41,699$1,360$2,916
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS March 14, 2020)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS March 17, 2025)

Leadership & Key People

Officers and directors from IRS filings

Dell Rapids Development Company is led by Dan Klein, President since 2023 (on filings since 2019); none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Dan Klein

    President

    Vice President → President, 2023

    On filings since 2019

    10 hrs/week

    No compensation reported

  • Chad Stroschein

    Director

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Steve Clarke

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Grant Olson

    Director

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Adam Amundson

    Director

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Chad Ronshaugen

    Director

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Colin Karst

    Director

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Mitch Mergen

    Vice President

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Tarah Burggraff

    Secretary

    On filings since 2023

    5 hrs/week

    No compensation reported

Former officers (8)
  • Former: Douglas Hainje (2019–2024) — Director
  • Former: Lane Lebrun (2019–2024) — Director
  • Former: Chuck Jones (2023–2024) — Director
  • Former: Mark Crisp (2019–2023) — Director
  • Former: Debra Rausch (2019–2022) — Secretary
  • Former: Harold Skatvold (2019–2022) — Director
  • Former: Michael Geraets (2019–2022) — Director
  • Former: Mitchell Mergen (2019–2022) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Dell Rapids Development Company

How large is Dell Rapids Development Company?

Dell Rapids Development Company reported $1.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $198K.

What is Dell Rapids Development Company?

Dell Rapids Development Company is a nonprofit organization focused on Community Improvement & Capacity Building, based in Dell Rapids, SD. It holds $1.6M in total assets as of 2025.

Where does Dell Rapids Development Company operate?

Dell Rapids Development Company has awarded grants in South Dakota.

What is Dell Rapids Development Company's EIN?

Dell Rapids Development Company's EIN (Employer Identification Number) is 46-0385169. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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