2026-09-03T13:35:21-04:00 2025-12-31 460257538 KETEL THORSTENSON LLP PO BOX 3140 RAPID CITY SD 577093140 990 2025-01-01 812776110 ENTERPRISE 605 INC ENTE 6052254850 PO BOX 285 ABERDEEN SD 574020285 ROBERT FOUBERG PRESIDENT 6052254850 2026-09-03 true TRACI HANSON CPA P02055725 6053425630 2026-09-03 2025 X ROBERT FOUBERG PO BOX 285 ABERDEEN SD 574020285 24967 false X X 2016 SD 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. 5 5 0 5 0 0 0 7391 24467 340 500 7731 24967 0 0 0 0 0 20652 26293 20652 26293 -12921 -1326 6891105 7321274 249 6891105 7321025 X 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. false false THE ORGANIZATION CONTINUED ITS INVESTMENT IN A VENTURE CAPITAL FUND. false false 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 true 0 0 0 false false false false false false false false X 5 5 false false false false true false false true true false false true true true true false false false false false X ROBERT FOUBERG 6052254850 PO BOX 285 ABERDEEN SD 574020285 X ROBERT FOUBERG PRESIDENT 5.00 X X 0 0 0 DAVID LINK VICE PRES/SE 1.00 X X 0 0 0 DANA DYKHOUSE BOARD MEMBER 1.00 X 0 0 0 DAVID EMERY BOARD MEMBER 1.00 X 0 0 0 DAVID CHICOINE BOARD MEMBER 1.00 X 0 0 0 false false false 24467 24467 MISCELLANEOUS 900099 500 500 500 24967 500 24467 22408 85 3800 26293 0 0 0 1298467 1272390 37790 37250 5554848 6011634 6891105 7321274 249 0 249 X 766898 765572 6124207 6555453 6891105 7321025 6891105 7321274 -1326 431246 X false true X true false INVESTMENT IN SD EQUITY PARTNERS 5861634 F SD IMPACT FUND 125000 F HOMEGROWN CAPITAL 25000 F 6011634 X 456213 431246 431246 24967 24967 26293 26293 26293 SCHEDULE D, PAGE 3, PART X AT DECEMBER 31, 2025, THE CORPORATION BELIEVES THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS OR LIABILITIES, OR INTEREST AND PENALTIES ASSOCIATED WITH MATERIAL UNCERTAIN TAX POSITIONS. FORM 990 - ORGANIZATION'S 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. FORM 990, PAGE 6, PART VI, LINE 6 THERE IS ONE CLASS OF MEMBERS. A MEMBER SHALL BE A REPRESENTATIVE OF THE BUSINESS COMMUNITY IN SOUTH DAKOTA AND HAVE AN INTEREST IN PROMOTING ECONOMIC DEVELOPMENT IN SOUTH DAKOTA. TOTAL MEMBERS SHALL BE NO LESS THAN 5 OR MORE THAN 10. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 TAX RETURN WAS REVIEWED BY THE PRESIDENT AND THE OUTSIDE CERTIFIED PUBLIC ACCOUNTANT, AND THEN SUBMITTED TO THE FULL BOARD FOR THEIR REVIEW AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C MONITOR THROUGH DISCLOSURE DOCUMENT AND DISCUSSION AT A BOARD MEETING FORM 990, PAGE 6, PART VI, LINE 19 UPON WRITTEN REQUEST