2024-05-22T13:26:25-04:00 2023-12-31 460434947 ELO PROF LLC 118 W 3RD ST YANKTON SD 570784321 990 2023-01-01 460404566 SOUTH DAKOTA DEVELOPMENT CORPORATION SOUT 6052751504 196 EAST 6TH STREET SUITE 200 SIOUX FALLS SD 57104 JENNIFER OBERG EXECUTIVE DIRECTOR 6052751504 2024-05-15 true JENNIFER OBERG XXX-XX-XXXX true LUCAS H HAUERT CPA P01980092 6056656007 2024-05-15 2023 2023-04-26 12:10:37Z JENNIFER OBERG 2329 N CAREER AVE SUITE 204 SIOUX FALLS SD 57107 640183 false X N/A X 1983 SD THE PRINCIPLE OBJECTIVE OF THE CORPORAITON SHALL BE TO BENEFIT THE STATE OF SOUTH DAKOTA BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THIS STATE. 19 19 4 0 150000 433449 487286 129 2897 0 433578 640183 0 0 362925 349578 0 0 197934 200884 560859 550462 -127281 89721 115137 182348 275130 252620 -159993 -70272 THE PRINCIPLE OBJECTIVE OF THE CORPORAITON SHALL BE TO BENEFIT THE STATE OF SOUTH DAKOTA BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THIS STATE. false false SOUTH DAKOTA DEVELOPMENT CORPORATION FURTHERS THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF THE STATE OF SOUTH DAKOTA BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS IN SOUTH DAKOTA, INCLUDING SMALL BUSINESS. false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 4 true false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true false false false X JENNIFER OBERG 6052751504 2329 N CAREER AVE SUITE 204 SIOUX FALLS SD 57107 BRADLEY JANKORD VP OF LENDIN 40.00 X 122144 0 0 JENNIFER OBERG EXECUTIVE DI 40.00 X 105445 0 0 ERIC CHRISTIANSON DIRECTOR 3.00 X 0 0 0 DREW DUNCAN DIRECTOR 3.00 X 0 0 0 JONI EKSTRUM DIRECTOR 3.00 X 0 0 0 NATE ENGBERS TREASURER 3.00 X X 0 0 0 JESSE FONKERT SECRETARY 3.00 X X 0 0 0 BRENT HEINERT DIRECTOR 3.00 X 0 0 0 JULIE JOHNSON DIRECTOR 3.00 X 0 0 0 JEREMY KEIZER DIRECTOR 3.00 X 0 0 0 DAN KOLBERG DIRECTOR 3.00 X 0 0 0 MICHELLE MALONEY DIRECTOR 3.00 X 0 0 0 DAVID MUNSON CHAIRMAN 3.00 X X 0 0 0 RUSSEL OLSON DIRECTOR 3.00 X 0 0 0 KYLE PETERS DIRECTOR 3.00 X 0 0 0 BROOKE ROLLAG DIRECTOR 3.00 X 0 0 0 JOHN SCHRAMM DIRECTOR 3.00 X 0 0 0 RANDY SNYDERS DIRECTOR 3.00 X 0 0 0 ALEX SOUNDY DIRECTOR 3.00 X 0 0 0 LUKE TIBBETS VICE CHAIRMA 3.00 X X 0 0 0 KEVIN WAGNER DIRECTOR 3.00 X 0 0 0 227589 2 false false false 150000 150000 FEE INCOME 900099 454277 454277 OTHER INCOME 900099 33009 33009 487286 2897 2897 640183 487286 2897 105445 81931 23514 197492 180734 16758 12325 9577 2748 10499 8158 2341 23817 18542 5275 46021 41995 4026 17523 17523 810 810 33834 33834 6933 6933 24971 24971 6224 6224 1798 1798 3228 1734 1494 10224 8744 1480 INTEREST 17016 17016 LEGAL DOCUMENT FEES 12554 12554 CDC VENTURE 10200 10200 OTHER EXPENSES 5002 765 4237 4546 4546 550462 421336 129126 0 33622 14349 8219 12874 50529 49077 4680 1452 68616 153673 115137 182348 5334 269796 252620 275130 252620 X -159993 -220272 150000 -159993 -70272 115137 182348 89721 X false true X true false 39529 38077 1452 11000 11000 1452 REVOLVING LOAN FUND 135917 RIGHT OF USE LEASE ASSETS 17756 153673 LOC 234864 OPERATING LEASE LIABILITIES 17756 252620 FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS, EMPLOYEES AND CONSULTANTS OF THE ORGANIZATION ARE REQUIRED TO ACT ETHICALLY AND EXHIBIT GOOD CHARACTER. CONFLICTS ARE DETERMINED BASED ON EACH TRANSACTION DISCUSSED BY THE BOARD. FOR EXAMPLE, A BOARD MEMBER IS ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS ON EACH LOAN OR INVESTMENT THAT IS PRESENTED TO THE BOARD. CONFLICTS ARE REVIEWED AT THE BOARD LEVEL. AFTER A CONFLICT IS DEEMED TO EXIST, THE INDIVIDUAL(S) INVOLVED MUST ABSTAIN FROM THE DISCUSSION AND ANY ACTION RELATED TO THE ISSUE. THE DIRECTORS ARE REQUIRED TO SIGN A STATEMENT ANNUALLY DISCLOSNG CONFLICTS AS PART OF THE ANNUAL REPORT. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.