Nonprofit · EIN 36-3452396
GRANT COUNTY DEVELOPMENT CORPORATION
Tax-exempt · MILBANK, SD 57252
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,153,698 | $909,331 | $244,367 | $2,008,509 | $625,670 | $1,382,839 |
| December 31, 2023 | 990 | $872,083 | $607,684 | $264,399 | $1,255,904 | $117,432 | $1,138,472 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,107,150
- of which government grants
- $1,107,150
- Program service revenue
- $11,835
- Investment income
- $34,713
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $722,018
- Compensation of officers, directors and key employees
- $95,412
- Salaries, compensation and benefits (total)
- $101,990
- Professional fundraising fees
- $0
- Legal fees
- $7,363
- Accounting fees
- $8,847
- Travel
- $467
- Program services (functional)
- $875,171
- Management and general (functional)
- $34,160
Balance sheet and other
- Total assets, start of year
- $1,255,904
- Total assets, end of year
- $2,008,509
- Total liabilities, end of year
- $625,670
- Net assets, end of year
- $1,382,839
- Net assets without donor restrictions
- $266,393
- Net assets with donor restrictions
- $1,116,446
- Gross receipts
- $1,153,698
- Employees
- 2
- Year formed
- 1994
- State of legal domicile
- SD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACI STEIN | EXECUTIVE DI Officer | 40 | $70,600 |
| KRISTA ATEYO-GORTMAKER | PAST EXECUTI Officer | – | $24,812 |
| NICHOLE BURY | DIRECTOR Trustee or director | – | $0 |
| JUSTIN DOWNES | DIRECTOR Trustee or director | – | $0 |
| JIM GESSWEIN | DIRECTOR Trustee or director | – | $0 |
| DAVE HICKS | DIRECTOR Trustee or director | – | $0 |
| LANCE JUNSO | DIRECTOR Trustee or director | – | $0 |
| TROY KASTRUP | DIRECTOR Trustee or director | – | $0 |
| KEVIN KOUBA | DIRECTOR Trustee or director | – | $0 |
| JEFF KURTZ | DIRECTOR Trustee or director | – | $0 |
| DAVE PAGE | SECRETARY Trustee or director, Officer | – | $0 |
| BRIAN SANDVIG | DIRECTOR Trustee or director | – | $0 |
| TOM SCHUNEMAN | PRESIDENT Trustee or director, Officer | – | $0 |
| SUZANNE SOUZA | DIRECTOR Trustee or director | – | $0 |
| BRIAN TRAPP | DIRECTOR Trustee or director | – | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSH WENDLAND | VICE PRESIDE Trustee or director, Officer | – | $0 |
| STEVE WENZL | TREASURER Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTA ATEYO-GORTMAKER | EXECUTIVE DI Officer | 40 | $65,000 |
| NICHOLE BURY | DIRECTOR Trustee or director | – | $0 |
| JUSTIN DOWNES | DIRECTOR Trustee or director | – | $0 |
| JIM GESSWEIN | DIRECTOR Trustee or director | – | $0 |
| DAVE HEPPER | TREASURER Trustee or director, Officer | – | $0 |
| DAVE HICKS | DIRECTOR Trustee or director | – | $0 |
| TROY KASTRUP | DIRECTOR Trustee or director | – | $0 |
| KEVIN KOUBA | DIRECTOR Trustee or director | – | $0 |
| JEFF KURTZ | DIRECTOR Trustee or director | – | $0 |
| STEVE NOMELAND | DIRECTOR Trustee or director | – | $0 |
| DAVE PAGE | DIRECTOR Trustee or director | – | $0 |
| BRIAN SANDVIG | PRESIDENT Trustee or director, Officer | – | $0 |
| TOM SCHUNEMAN | PRESIDENT Trustee or director, Officer | – | $0 |
| SUZANNE SOUZA | DIRECTOR Trustee or director | – | $0 |
| JOSH WENDLAND | SECRETARY Trustee or director, Officer | – | $0 |
| STEVE WENZL | DIRECTOR Trustee or director | – | $0 |
| TRACI STEIN | EXECUTIVE DI Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 EAST 4TH AVENUE, MILBANK, SD 57252-2658
- Principal officer (990 for 2024)
- TOM SCHUNEMAN, 1001 E FOURTH AVENUE STE 301, MILBANK, SD 57252
- Signed the 990
- TOM SCHUNEMAN, PRESIDENT
- Phone
- (605) 438-4232
- Website
- WWW.GRANTCOUNTYSD.COM/GCDC
- Return prepared by
- SHAW & ASSOCIATES PLLC
Mission
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.
Program accomplishments
- THE ECONOMIC DEVELOPMENT PROGRAM IS DEDICATED TO THE DEVELOPMENT OF PRIVATE ENTERPRISE, LOCAL EMPLOYMENT OPPORTUNITIES, AREA TOURISM AND COMMUNITY GROWTH THROUGH THE EXPANSION OF BUSINESS AND INDUSTRY IN GRANT COUNTY, SOUTH DAKOTA.Expenses $868,098 · grants $722,018 · revenue $1,107,554
- THE INTERMEDIARY RELENDING PROGRAM PROVIDES LOW INTEREST LOANS TO LOCAL INTERMEDIARIES THAT RE-LEND TO BUSINESSES AND FOR COMMUNITY DEVELOPMENT PROJECTS IN RURAL COMMUNITIES.Expenses $7,073 · revenue $11,431
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3452396
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,008,509
- Income (IRS master file)
- $1,153,698
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,153,698 | $909,331 | $2,008,509 | XML |
| 990 | December 2023 | $872,083 | $607,684 | $1,255,904 | XML |
| 990 | December 2022 | $429,505 | $112,288 | $1,057,243 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3452396).
Questions about GRANT COUNTY DEVELOPMENT CORPORATION
- What is the EIN of GRANT COUNTY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GRANT COUNTY DEVELOPMENT CORPORATION is 36-3452396.
- Is GRANT COUNTY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1986.
- Are donations to GRANT COUNTY DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GRANT COUNTY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GRANT COUNTY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRANT COUNTY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GRANT COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names TOM SCHUNEMAN.
- Who are the officers and directors of GRANT COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 17 people; 2 received compensation from the organization, the highest $70,600 (TRACI STEIN, EXECUTIVE DI).
- How much revenue does GRANT COUNTY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,153,698, expenses of $909,331 and total assets of $2,008,509 at year end.
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- ST WILLIAMS CARE CENTER EIN 46-0250303 · last filed 990 for 2025
- GRANT-ROBERTS RURAL WATER SYSTEM INC EIN 46-0360205 · last filed 990 for 2025
- NORTHEASTERN SOUTH DAKOTA HEALTH PLAN EIN 46-0430984 · last filed 990 for 2025
- WHETSTONE CREEK GOLF COURSE EIN 83-4027557 · last filed 990 for 2025
- VALLEY QUEEN CHARITABLE FOUNDATION EIN 82-2581817 · last filed 990-PF for 2025
- CHRISTIAN SERVICE COUNCIL OF GRANT COUNTY EIN 36-3305006 · last filed 990 for 2025
- MILBANK HIGH SCHOOL EDUCATIONAL FOUNDATION EIN 46-0391642 · last filed 990 for 2024