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Grant County Development

Foundation · Grantmaker Milbank, SD EIN: 36-3452396 Website

THE GOAL OF THE ORGANIZATION IS TO PROMOTE, ENCOURAGE, AND ADVANCE THE DEVELOPMENT OF PRIVATE ENTERPRISE, COMMUNITY DEVELOPMENT, AREA TOURISM, INDUSTRY & BUSINESS, IN GRANT COUNTY, SOUTH DAKOTA.

Key facts about Grant County Development

EIN
36-3452396
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$722,018
Grants made (2024)
2
Average grant
$361,009
Median grant
$361,009
Total assets
$2,008,509
Primary geography
South Dakota (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Next steps with Grant County Development

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+59.9% YoY

Annual Giving

$722K

+44.4% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$361K

-27.8% YoY

About Grant County Development

Based on IRS filings

Grant County Development is a nonprofit organization, based in Milbank, SD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 2 grants totaling $722K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2024 grant dollars.

States

Cities

Milbank

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$317K$635K$952K$1M201920202021202220232024
Metric202420232022
Total Assets$2,008,509$1,255,904$1,057,243
Revenue$1,153,698$872,083$429,505
Expenses$909,331$607,684$112,288
Qualifying Distributions———
Net Investment Income$34,713$22,379$350,732
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$181K$361K$542K$722K0 grants20190 grants20200 grants20210 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Jag Development LLC: $372KJag Development LLC$372KJanmark Inc: $350KJanmark Inc$350K

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Jag Development LLC ($372,018), Janmark Inc ($350,000).

RecipientPurposeAmount
JAG DEVELOPMENT LLC Milbank, SDHOUSING DEVELOPMENT$372,018
JANMARK INC Milbank, SDHOUSING DEVELOPMENT$350,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Traci Stein — Executive Di: $71KTraci SteinExecutive Di$71KKrista Ateyo-Gortmaker — Past Executi: $25KKrista Ateyo-GortmakerPast Executi$25K

From 2024 IRS filing

NameTitleHoursCompensation
Traci SteinExecutive Di40$70,600
Krista Ateyo-GortmakerPast Executi—$24,812
Nichole BuryDirector——
Justin DownesDirector——
Jim GessweinDirector——
Dave HicksDirector——
Lance JunsoDirector——
Troy KastrupDirector——
Kevin KoubaDirector——
Jeff KurtzDirector——
Dave PageSecretary——
Brian SandvigDirector——
Tom SchunemanPresident——
Suzanne SouzaDirector——
Brian TrappDirector——
Josh WendlandVice Preside——
Steve WenzlTreasurer——

Frequently Asked Questions

How large is Grant County Development?

As of 2024, Grant County Development holds $2.0M in total assets with $1.2M in annual revenue. It awarded 2 grants totaling $722K in 2024.

Where does Grant County Development operate?

Grant County Development has awarded grants in South Dakota.

What size grants does Grant County Development award?

In 2024, Grant County Development awarded 2 grants totaling $722K — an average of about $361K per grant, based on its IRS Form 990 filings.

What is Grant County Development's EIN?

Grant County Development's EIN (Employer Identification Number) is 36-3452396. IRS Form 990 filing data is available on this page for 2019–2024.

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

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