Nonprofit · EIN 81-2776110
ENTERPRISE 605
Tax-exempt · ABERDEEN, SD 57402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $24,967 | $26,293 | -$1,326 | $7,321,274 | $249 | $7,321,025 |
| December 31, 2024 | 990 | $7,731 | $20,652 | -$12,921 | $6,891,105 | $0 | $6,891,105 |
| December 31, 2023 | 990 | $10,234 | $22,766 | -$12,532 | $6,811,279 | $0 | $6,811,279 |
| December 31, 2021 | 990 | $17,296 | $29,833 | -$12,537 | $7,947,537 | $0 | $7,947,537 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $24,467
- Other revenue
- $500
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $22,408
Balance sheet and other
- Total assets, start of year
- $6,891,105
- Total assets, end of year
- $7,321,274
- Total liabilities, end of year
- $249
- Net assets, end of year
- $7,321,025
- Publicly traded securities
- $37,250
- Net assets without donor restrictions
- $765,572
- Net assets with donor restrictions
- $6,555,453
- Gross receipts
- $24,967
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2016
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT FOUBERG | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DAVID LINK | VICE PRES/SE Trustee or director, Officer | 1 | $0 |
| DANA DYKHOUSE | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID EMERY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID CHICOINE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT FOUBERG | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DAVID LINK | VICE PRES/SE Trustee or director, Officer | 1 | $0 |
| DANA DYKHOUSE | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID EMERY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID CHICOINE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT FOUBERG | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DAVID LINK | VICE PRES/SE Trustee or director, Officer | 1 | $0 |
| DANA DYKHOUSE | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID EMERY | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID CHICOINE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2021: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT FOUBERG | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DAVID LINK | TREASURER Trustee or director, Officer | 1 | $0 |
| DANA DYKHOUSE | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID EMERY | BOARD MEMBER Trustee or director | 1 | $0 |
| VENKEY VENKATACHALAM | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID CHICOINE | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 285, ABERDEEN, SD 57402-0285
- In care of
- % JOHN F ARCHER
- Principal officer (990 for 2025)
- ROBERT FOUBERG, PO BOX 285, ABERDEEN, SD 574020285
- Signed the 990
- ROBERT FOUBERG, PRESIDENT
- Phone
- (605) 225-4850
- Return prepared by
- KETEL THORSTENSON LLP
Mission
PROMOTING THE INTERESTS AND ECONOMIC DEVELOPMENT OF THE STATE OF SOUTH DAKOTA BY FOSTERING ENTREPRENEURSHIP OPPORTUNITIES AND EXPANSION OF BUSINESS AND SUPPORTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS THROUGH EDUCATION, INFORMING PUBLIC OPINION GERMANE TO ECONOMIC DEVELOPMENT IN SOUTH DAKOTA, OPERATING AN INTERNSHIP PROGRAM FOCUSED ON ECONOMIC DEVELOPMENT, AND PROVIDING FINANCIAL SUPPORT TO SOUTH DAKOTA BUSINESSES OR BUSINESSES WHO PLAN TO DO BUSINESS IN SOUTH DAKOTA.
Program accomplishments
- THE ORGANIZATION CONTINUED ITS INVESTMENT IN A VENTURE CAPITAL FUND.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990 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
- 81-2776110
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $7,321,274
- Income (IRS master file)
- $24,967
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $24,967 | $26,293 | $7,321,274 | XML |
| 990 | December 2024 | $7,731 | $20,652 | $6,891,105 | XML |
| 990 | December 2023 | $10,234 | $22,766 | $6,811,279 | XML |
| 990 | December 2022 | $5,798 | $19,000 | $7,588,499 | IRS |
| 990 | December 2021 | $17,296 | $29,833 | $7,947,537 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 81-2776110).
Questions about ENTERPRISE 605
- What is the EIN of ENTERPRISE 605?
- The employer identification number (EIN) of ENTERPRISE 605 is 81-2776110.
- Is ENTERPRISE 605 tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
- Are donations to ENTERPRISE 605 tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ENTERPRISE 605 file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ENTERPRISE 605 due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ENTERPRISE 605 last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ENTERPRISE 605?
- The 990 for the year ended December 31, 2025 names ROBERT FOUBERG.
- Who are the officers and directors of ENTERPRISE 605?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does ENTERPRISE 605 have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $24,967, expenses of $26,293 and total assets of $7,321,274 at year end.
Other nonprofits in ABERDEEN
- ABERDEEN DOWNTOWN ASSOCIATION EIN 46-0460220 · last filed 990 for 2025
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- SOUTH DAKOTA TRAPPERS ASSOCIATION INCORPORATED EIN 27-4299602 · last filed 990-N for 2025
- ABERDEEN PERSONNEL ASSOCIATION EIN 46-0419655 · last filed 990-N for 2025
- WOTAKUYE OYATE KINSHIP NATION INTER TRIBAL NETWORK EIN 33-1431460 · last filed 990-N for 2024
- ABERDEEN AREA PRIDE EIN 87-1697602 · last filed 990-N for 2025
- AVERA ST LUKES EIN 46-0224598 · last filed 990 for 2025
- ASSOCIATION OF HUTTERIAN BRETHREN CHURCHES INC EIN 46-0369923 · last filed 990 for 2026
All nonprofits in ABERDEEN · South Dakota · Community improvement and capacity building