Mitchell Area Development Corp logo

Mitchell Area Development Corp

Public charity · Grantmaker Mitchell, SD EIN: 46-0394983 Website

Promote economic development in the mitchell, sd area.

Key facts about Mitchell Area Development Corp

In short: Mitchell Area Development Corp gave $1.2M across 3 grants in 2025 (avg $402K), mostly in South Dakota. Source: 2025 IRS Form 990.

EIN
46-0394983
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,205,692
Grants made (2025)
3
Average grant
$401,897
Median grant
$148,800
Total assets
$8,153,566
Primary geography
South Dakota (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$8.2M

+46.8% YoY

Annual Giving

$1.2M

Grant Count

3

Avg Grant Size

$402K

About Mitchell Area Development Corp

Based on IRS filings

Mitchell Area Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Mitchell, SD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $8.2M in total assets. In 2025, it awarded 3 grants totaling $1.2M. Net investment income was $47K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

States

Cities

Mitchell

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M0 grants20191 grants20201 grants2021Total only2022Total only20230 grants20243 grants2025

From 2020 to 2025, annual grant giving ranged from $10K (2021) to $1.2M (2025). In 2025 it made 3 grants totaling $1.2M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

City of Mitchell: $973KCity of Mitchell$973KMitchell School District: $149KMitchell School District$149KMitchell Area Housing Inc: $83KMitchell Area Housing Inc$83K

The largest 2025 recipient was City of Mitchell ($973K). Together the top 3 received $1.2M.

Grant Size Distribution

4 grants across all recorded years

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

The most common grant size was under $50K: 1 grant of 4 (25%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
City of Mitchell Mitchell, SDSupport$973,495
Mitchell School District Mitchell, SDSupport$148,800
Mitchell Area Housing Inc Mitchell, SDSupport$83,397

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
Total Assets$8,153,566$5,553,609$5,327,379
Revenue$3,060,398$1,050,468$445,865
Expenses$1,914,586$833,318$485,480
Net Investment Income$46,920$445,765$117,166

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS January 28, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS February 13, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS April 25, 2024)
  5. Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)

Leadership & Key People

Officers and directors from IRS filings

Mitchell Area Development Corp is led by Ken Schlimgen, President since 2024 (on filings since 2020); none of the 17 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ken Schlimgen

    President

    Treasurer → Vice President, 2023

    Vice President → President, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Brian Klock

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chad Glanzer

    Director

    Director → Treasurer, 2023

    Treasurer → Director, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Theresa Kriese

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Joe Childs

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Justin Luther

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Hilary Rockwell

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Lee Anderson

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Dan Kittle

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jacquelyn Johnson

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jeff Smith

    Ex-Officio

    Director → Ex-Officio, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Clagget

    Ex-Officio

    Director → Ex-Officio, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

  • Trevor Dierks

    Past President

    Vice President → President, 2023

    President → Past President, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ryan Thompson

    Vice President

    Director → Treasurer, 2024

    Treasurer → Vice President, 2025

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jordan Hanson

    Ex-Officio

    Director → Ex-Officio, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jeff McCormick

    Treasurer

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Kristy Berg

    Ex-Officio

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (22)
  • Former: Becky Pitz (2019–2024) — Vice President
  • Former: Mark Wilson (2020–2024) — Director
  • Former: Joe Kittle (2024) — Director
  • Former: Josh Moody (2024) — Director
  • Former: Mike Lauritsen (2024) — Executive Director
  • Former: Tim Bottum (2019–2023) — Past President
  • Former: Teresa Sternhagen (2020–2023) — Director
  • Former: Doug Echern (2021–2023) — Director
  • Former: Geri Beck (2021–2023) — Executive Director
  • Former: Austen Iverson (2022–2023) — Director
  • Former: Bob Everson (2019–2022) — Director
  • Former: Jason Stoebner (2019–2022) — Past President
  • Former: Joe Graves (2019–2022) — Director
  • Former: Amy Novak (2019–2021) — Director
  • Former: Chris Krohmer (2019–2021) — Past President
  • Former: Terry Torgerson (2019–2021) — Director
  • Former: Lori Baye (2020–2021) — Director
  • Former: Stephanie Heide (2021) — Director
  • Former: Jeff Logan (2019–2020) — Director
  • Former: Mark Vaux (2019) — Executive Director & Secretary
  • Former: Tom Clark (2019) — Director
  • Former: Tom Patzer (2019) — 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 Mitchell Area Development Corp

How much does Mitchell Area Development Corp give each year?

Mitchell Area Development Corp gave $1.2M across 3 grants in 2025, according to its 2025 IRS Form 990.

What is Mitchell Area Development Corp's typical grant size?

Mitchell Area Development Corp's median grant in 2025 was $148,800, and its average grant was $401,897, across 3 grants on its 2025 IRS Form 990.

Where does Mitchell Area Development Corp give grants?

Mitchell Area Development Corp gives mostly in South Dakota: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Mitchell, SD (3 grants).

Does Mitchell Area Development Corp give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Mitchell Area Development Corp's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Support" (3 grants).

How large is Mitchell Area Development Corp?

Mitchell Area Development Corp reported $8.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.1M.

What is Mitchell Area Development Corp?

Mitchell Area Development Corp is a public charity focused on Community Improvement & Capacity Building, based in Mitchell, SD. It holds $8.2M in total assets as of 2025.

What is Mitchell Area Development Corp's EIN?

Mitchell Area Development Corp's EIN (Employer Identification Number) is 46-0394983. 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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