Northeast South Dakota Economic
To stimulate economic opportunities through loans, technical support and partnerships
Northeast South Dakota Economic at a glance
In short: Northeast South Dakota Economic gave $21K across 1 grant in 2025 (avg $21K), mostly in South Dakota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $20,703
- -5.5% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $20,703
- -5.5% vs 2024
- Median grant
- $20,703
- Total assets
- $32,952,419
- +1.1% vs 2024
- Primary geography
- South Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Northeast South Dakota Economic funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Northeast South Dakota Community Ac ($21K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $21K (2025) to $22K (2024). In 2025 it made 1 grant totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northeast South Dakota Community Ac Sisseton, SD | Support Programs | $20,703 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $32,952,419 | $1,787,191 | $1,079,021 | $20,703 | 1 | $209,509 |
| 2024 | $32,608,281 | $1,710,583 | $1,048,344 | $21,909 | 1 | $129,225 |
| 2023 | $31,356,241 | $1,331,875 | $888,840 | — | — | $29,194 |
| 2022 | $28,795,164 | $2,763,514 | $912,959 | — | — | $30,437 |
| 2021 | $27,672,437 | $1,869,407 | $820,866 | — | — | $36,717 |
| 2020 | $26,109,216 | $1,004,922 | $730,342 | — | — | $55,915 |
| 2019 | $25,435,882 | $1,183,215 | $855,353 | — | — | $68,136 |
About Northeast South Dakota Economic
Based on IRS filings
Northeast South Dakota Economic is a public charity 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.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Northeast South Dakota Economic is led by Lori Finnesand, Chief Executive on every filing since 2019; none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lori Finnesand
Chief Executive
On filings since 2019
40 hrs/week
No compensation reported
Marcia Erickson
Chief Executive
On filings since 2019
10 hrs/week
No compensation reported
Daniel Menking
Chairman
On filings since 2019
1 hr/week
No compensation reported
Beth Smith
Director
On filings since 2019
1 hr/week
No compensation reported
Colleen Cordell
Director
On filings since 2019
1 hr/week
No compensation reported
David Gleason
Director
On filings since 2019
1 hr/week
No compensation reported
Joell Bieber
Director
On filings since 2019
1 hr/week
No compensation reported
Pat Tollefson
Director
On filings since 2019
1 hr/week
No compensation reported
Rod Kusser
Director
On filings since 2019
1 hr/week
No compensation reported
Trevor Cramer
Director
On filings since 2019
1 hr/week
No compensation reported
Rita Anderson
Director
On filings since 2023
1 hr/week
No compensation reported
Terry Schultz
Director
On filings since 2023
1 hr/week
No compensation reported
Emily Rodgers
Director
On filings since 2024
1 hr/week
No compensation reported
Michele Loobey
Director
New on the 2025 filing
1 hr/week
No compensation reported
Craig Rau
Vice Chair
On filings since 2019
1 hr/week
No compensation reported
Judy Steen
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Patty Roehr
Secretary
Director → Secretary, 2024
On filings since 2019
1 hr/week
No compensation reported
Kathryn Rasmus
Chief Financ
On filings since 2022
15 hrs/week
No compensation reported
Former officers (8)
- Former: Kimberly Lorensberg (2019–2024) — Chief Development
- Former: Michele Loobey-Gertsch (2024) — Director
- Former: Joann Schaefers (2019–2023) — Secretary
- Former: Vince Foley (2020–2023) — Director
- Former: Lori Moen (2023) — Chief Operat
- Former: Wayne Board (2019–2022) — Director
- Former: Kimberly Lorensberg-To (2022) — Chief Financ
- Former: Craig Johnson (2019–2021) — 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 Northeast South Dakota Economic
How much does Northeast South Dakota Economic give each year?
Northeast South Dakota Economic gave $21K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $22K across 1 grant.
How large is Northeast South Dakota Economic?
Northeast South Dakota Economic reported $33.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.8M.
What is Northeast South Dakota Economic?
Northeast South Dakota Economic is a public charity focused on Community Improvement & Capacity Building, based in Sisseton, SD. It holds $33.0M in total assets as of 2025.
Where does Northeast South Dakota Economic operate?
Northeast South Dakota Economic has awarded grants in South Dakota.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS February 11, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS February 12, 2026)
Explore Open Grants
Browse active grant opportunities in Northeast South Dakota Economic's focus areas in our free grants database
Similar Funders
Similar funders in South Dakota
South Dakota Community Foundation
Pierre, SD
The South Dakota Community Foundation funds nonprofits and charitable projects in areas including education, health, human services, culture, and economic development, primarily benefiting South Dakota communities. Its 2024 grants had a median of $18,562, while 2026 Beyond Idea Grants range from $5,000 to $100,000 per year. Eligible nonprofits can apply for South Dakota Fund and Beyond Idea Grants through its online portal.
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Sioux Falls Area Community Foundation Inc
Sioux Falls, SD
The Sioux Falls Area Community Foundation funds local charitable, educational, cultural, religious, community-development, and environmental needs, including new programs and nonprofit capacity building, primarily in the Sioux Falls area and surrounding communities. Its 2025 grants had a median of $25,000, though awards varied widely; organizations may submit a Letter of Inquiry for Community Fund Grants.
Assets
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Sanford Group Return
Sioux Falls, SD
Sanford Group Return funds health care access and outcomes, community wellbeing, workforce and education, and related community needs, including health professions education and research. In 2024, its median grant was $24,900, with awards ranging from $5,500 to $3.6 million; giving was concentrated in South Dakota, North Dakota, and Minnesota. Its Community Dividend Fund accepts online funding requests in South Dakota, Iowa, Minnesota, Montana, Nebraska, North Dakota, and Wyoming; whether unsolicited requests are accepted is not stated.
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171
Total Given
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Avera Health
Sioux Falls, SD
Avera Health supports eligible nonprofits working in health and wellness, unmet community health needs, healthy lifestyles, environmental and social initiatives, and civic or community development. Its 2025 grants ranged from $5,100 to $850,000, with a median of $17,737; funding is focused on central and eastern South Dakota and nearby parts of Minnesota, Iowa, North Dakota, and Nebraska. It accepts requests through its Community Partnership/Donation Request process and asks applicants to use its form.
Assets
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Total Given
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Black Hills Area Community Foundation
Rapid City, SD
The foundation funds community needs across areas including youth and families, social services, education, basic needs, arts, animal welfare, and nonprofit capacity building in seven Black Hills counties of South Dakota. Its 2025 grants had a median award of $15,000; the profile does not state whether it accepts unsolicited requests.
Assets
$95.1M
Grants
120
Total Given
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Ch Robinson Worldwide Foundation
Sioux Falls, SD
The foundation funds community needs, supply-chain and logistics initiatives, and environmental sustainability, with a Twin Cities program focused on hunger, shelter, K–12 education, and workforce development. Its 2024 grants ranged from $750 to $2.69 million, with a median of $5,000; its Twin Cities program focuses on Minneapolis–St. Paul, while grants also went to organizations elsewhere. The Strategic Industry program is invitation-only, while the Twin Cities program has an application process.
Assets
$18.2M
Grants
87
Total Given
$4.0M
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Northeast South Dakota Economic down — hundreds of funders to go?