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Nonprofit · EIN 46-0359574

DAKOTA LAKES RESEARCH FARM

Tax-exempt · PIERRE, SD 57501

Financials

$665K$520K2023$1M$512K2024
Revenue Expenses · by fiscal year end
Financials of DAKOTA LAKES RESEARCH FARM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,045,401$512,239$533,162$2,422,198$0$2,422,198
December 31, 2023990$665,261$520,045$145,216$1,889,036$0$1,889,036
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$497,344
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
$525,596
Other revenue
$548,057

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$12,361
Salaries, compensation and benefits (total)
$13,307
Professional fundraising fees
$0
Accounting fees
$1,290
Depreciation
$125,280
Program services (functional)
$512,239

Balance sheet and other

Total assets, start of year
$1,889,036
Total assets, end of year
$2,422,198
Total liabilities, end of year
$0
Net assets, end of year
$2,422,198
Land, buildings and equipment
$1,564,917
Net assets without donor restrictions
$2,422,198
Gross receipts
$1,045,401
Employees
3

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.

NameTitleHours / weekCompensation
BENSON KLEINSCHMIDTDirector
Trustee or director
1$0
BRETT HUBERDirector
Trustee or director
1$0
CHARLES EDINGERVice President
Trustee or director
1$0
SCOT EISENBRAUNDirector
Trustee or director
1$0
BRAD FINLEYDirector
Trustee or director
1$0
JUSTIN HARERDirector
Trustee or director
1$0
TREVIS OLSONDirector
Trustee or director
1$0
TYLER FREDERICKDirector
Trustee or director
1$0
BLAKE FOXLEYDirector
Trustee or director
1$0
COREY CRONINDirector
Trustee or director
1$0
GEORGE SPERRYDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
BENSON KLEINSCHMIDTDirector
Trustee or director
1$0
BRETT HUBERDirector
Trustee or director
1$0
CHARLES EDINGERVice President
Trustee or director
1$0
SCOT EISENBRAUNDirector
Trustee or director
1$0
BRAD FINLEYDirector
Trustee or director
1$0
JUSTIN HARERDirector
Trustee or director
1$0
TREVIS OLSONDirector
Trustee or director
1$0
TYLER FREDERICKDirector
Trustee or director
1$0
BLAKE FOXLEYDirector
Trustee or director
1$0
COREY CRONINDirector
Trustee or director
1$0
GEORGE SPERRYDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 2, PIERRE, SD 57501-0002
In care of
% STEVE ROBBENNOLT
Signed the 990
MARV SCHUMACHER, Treasurer
Phone
(605) 224-6114
Return prepared by
Stulken Petersen LLP

Mission

The Dakota Lakes Research Farm's primary goal is to identify, research, and demonstrate methods of strengthening and stabilizing the agriculture economy.

990 for the year ended December 31, 2024

Program accomplishments

  • The Dakota Lakes Research Farm is a cooperative effort between South Dakota State University and the Dakota Lakes Research Farm Corporation, a not-for-profit corporation established by area farmers. This group owns the land, buildings, and other fixed assets. They work with the manager in prioritizing research projects and planning capital improvements. This research center is utilizing a energy efficient building. The other major accomplishment is the operation of three projects that are designed to explore the feasibility of future farming in three different areas. The first is a roadside project to bring sustainable habitat back to public roadsides and improve soil/habitat management. The second is a seed project that will be testing the sucess of coating seeds to make planting and application more cost effective. The third project is a grazing project. Its focus is to get cattle out of feed lots and improve there overall health and welfare. The study will use moveable pens in pasture with the hope of reducing costs and improving animal health.
    Expenses $512,239

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0359574
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,422,198
Income (IRS master file)
$1,045,401

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,045,401$512,239$2,422,198XML
990December 2023$665,261$520,045$1,889,036XML
990December 2022$495,308$510,274$1,743,820IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 46-0359574).

Questions about DAKOTA LAKES RESEARCH FARM

What is the EIN of DAKOTA LAKES RESEARCH FARM?
The employer identification number (EIN) of DAKOTA LAKES RESEARCH FARM is 46-0359574.
Is DAKOTA LAKES RESEARCH FARM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to DAKOTA LAKES RESEARCH FARM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DAKOTA LAKES RESEARCH FARM 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 DAKOTA LAKES RESEARCH FARM 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 DAKOTA LAKES RESEARCH FARM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of DAKOTA LAKES RESEARCH FARM?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does DAKOTA LAKES RESEARCH FARM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,045,401, expenses of $512,239 and total assets of $2,422,198 at year end.

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