Northeast South Dakota Economic logo

Northeast South Dakota Economic

Foundation · Grantmaker Sisseton, SD EIN: 46-0350177 Website

TO STIMULATE ECONOMIC OPPORTUNITIES THROUGH LOANS, TECHNICAL SUPPORT AND PARTNERSHIPS

Key facts about Northeast South Dakota Economic

EIN
46-0350177
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,703
Grants made (2025)
1
Average grant
$20,703
Median grant
$20,703
Total assets
$32,952,419
Primary geography
South Dakota (100% of itemized 2025 grant dollars)

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

Next steps with Northeast South Dakota Economic

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$33.0M

+1.1% YoY

Annual Giving

$21K

-5.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$21K

-5.5% YoY

About Northeast South Dakota Economic

Based on IRS filings

Northeast South Dakota Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in Sisseton, SD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $33.0M in total assets. In 2025, it awarded 1 grant totaling $21K. Net investment income was $210K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Sisseton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$760K$2M$2M$3M2019202020212022202320242025
Metric202520242023
Total Assets$32,952,419$32,608,281$31,356,241
Revenue$1,787,191$1,710,583$1,331,875
Expenses$1,079,021$1,048,344$888,840
Qualifying Distributions———
Net Investment Income$209,509$129,225$29,194
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS February 11, 2025)
  2. Updated Form 990 for fiscal year 2025 (received by the IRS February 12, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$22K0 grants20190 grants20200 grants20210 grants20220 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Northeast South Dakota Community Ac: $21KNortheast South DakotaCommunity Ac$21K

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Northeast South Dakota Community Ac ($20,703).

RecipientPurposeAmount
NORTHEAST SOUTH DAKOTA COMMUNITY AC Sisseton, SDSUPPORT PROGRAMS$20,703

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Marcia EricksonChief Execut10—
Lori FinnesandChief Execut40—
Kathryn RasmusChief Financ15—
Rita AndersonDirector1—
Joell BieberDirector1—
Colleen CordellDirector1—
Trevor CramerDirector1—
David GleasonDirector1—
Rod KusserDirector1—
Michele LoobeyDirector1—
Daniel MenkingChairman1—
Craig RauVice Chair1—
Emily RodgersDirector1—
Patty RoehrSecretary1—
Terry SchultzDirector1—
Beth SmithDirector1—
Judy SteenTreasurer1—
Pat TollefsonDirector1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Northeast South Dakota Economic?

Northeast South Dakota Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in Sisseton, SD. It holds $33.0M in total assets as of 2025.

How large is Northeast South Dakota Economic?

As of 2025, Northeast South Dakota Economic holds $33.0M in total assets with $1.8M in annual revenue. It awarded 1 grant totaling $21K in 2025.

Where does Northeast South Dakota Economic operate?

Northeast South Dakota Economic has awarded grants in South Dakota.

What size grants does Northeast South Dakota Economic award?

In 2025, Northeast South Dakota Economic awarded 1 grant totaling $21K — an average of about $21K per grant, based on its IRS Form 990 filings.

What is Northeast South Dakota Economic's EIN?

Northeast South Dakota Economic's EIN (Employer Identification Number) is 46-0350177. IRS Form 990 filing data is available on this page for 2019–2025.

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

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