Sioux Falls Development
TO COLLABORATIVELY CREATE QUALITY ECONOMIC GROWTH AND WORKFORCE DEVELOPMENT IN SIOUX FALLS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$99.3M
+14.0% YoY
Revenue
$21.6M
+28.4% YoY
Net Investment Income
$849K
+185.3% YoY
Expenses
$19.0M
+571.5% YoY
About Sioux Falls Development
Based on IRS filings
Sioux Falls Development is a nonprofit organization, based in SIOUX FALLS, SD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $99.3M in total assets. Net investment income was $849K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $99,337,297 | $87,105,498 | $66,202,631 |
| Revenue | $21,589,603 | $16,811,116 | $9,616,434 |
| Expenses | $19,011,806 | $2,831,082 | $2,147,692 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $849,256 | $297,677 | $-718,682 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BOB MUNDT | PRESIDENT & | 60 | $241,167 |
| DEAN DZIEDZIC | VP - ECONOMI | 50 | $192,295 |
| CORY BUCK | CFO | 45 | $153,667 |
| DENISE GUZZETTA | VP - WORKFOR | 45 | $142,154 |
| CLINT ACKERMAN | DIRECTOR | 1 | — |
| RAQUEL BLOUNT | DIRECTOR | 1 | — |
| RYAN BOSCHEE | CHAIR | 2 | — |
| BRETT BRADFIELD | DIRECTOR | 1 | — |
| KURT BROST | DIRECTOR | 1 | — |
| KENT CUTLER | CHAIR ELECT | 2 | — |
| CHRIS EKSTRUM | DIRECTOR | 1 | — |
| KIRA KIMBALL | DIRECTOR | 1 | — |
| RANDY KNECHT | TREASURER | 2 | — |
| JULIE LAUTT | DIRECTOR | 1 | — |
| DAVE LINK | DIRECTOR | 1 | — |
| CLARK MEYER | SECRETARY | 2 | — |
| TONY NOUR | DIRECTOR | 1 | — |
| ANTHONY SAIGH | DIRECTOR | 1 | — |
| KARLA SANTI | DIRECTOR | 1 | — |
| KEITH SEVERSON | DIRECTOR | 1 | — |
| AL SPENCER | DIRECTOR | 1 | — |
| STEVE WATSON | DIRECTOR | 1 | — |
| SCOTT WICKERSHAM | DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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