Nonprofit · EIN 85-3597965
DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS
Tax-exempt · SIOUX FALLS, SD 57104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $363,844 | $302,991 | $60,853 | $100,424 | $17,827 | $82,597 |
| December 31, 2024 | 990 | $264,305 | $286,669 | -$22,364 | $28,038 | $6,294 | $21,744 |
| December 31, 2023 | 990 | $227,434 | $305,154 | -$77,720 | $52,010 | $7,902 | $44,108 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $170,000
- Program service revenue
- $193,843
- Investment income
- $1
- Tax-exempt bond proceeds
- $1
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $9,537
- Salaries, compensation and benefits (total)
- $195,330
- Professional fundraising fees
- $0
- Accounting fees
- $2,100
- Occupancy
- $7,529
- Travel
- $5,085
- Depreciation
- $1,729
- Program services (functional)
- $243,077
- Management and general (functional)
- $50,624
- Fundraising (functional)
- $9,290
Balance sheet and other
- Total assets, start of year
- $28,038
- Total assets, end of year
- $100,424
- Total liabilities, end of year
- $17,827
- Net assets, end of year
- $82,597
- Land, buildings and equipment
- $2,087
- Net assets without donor restrictions
- $82,597
- Gross receipts
- $363,844
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2020
- 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 | Other / benefits |
|---|---|---|---|---|
| MICHAEL J MCENTAFFER | CEO Key employee | 40 | $168,344 | $4,708 |
| VAN FISHBACK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROB OLIVER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DAVID CHICOINE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL BENDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael J McEntaffer | CEO | 40 | $161,235 | $4,463 |
| Van Fishback | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Rob Oliver | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| David Chicoine | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Michael Bender | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jared McEntaffer | CEO Officer | 1 | $151,597 | $8,058 |
| Van Fishback | Chair and President Trustee or director, Officer | 1 | $0 | $0 |
| Rob Oliver | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| David Chicoine | Secretary/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Michael Bender | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 196 E 6TH ST STE 104, SIOUX FALLS, SD 57104-5955
- In care of
- % VAN D FISHBACK
- Principal officer (990 for 2025)
- MICHAEL J MCENTAFFER, 100 S SPRING AVE STE 205, SIOUX FALLS, SD 57104
- Signed the 990
- MICHAEL J MCENTAFFER, CEO
- Phone
- (605) 280-0874
- Website
- WWW.DAKOTAINSTITUTE.ORG
- Return prepared by
- PACELINE ACCOUNTING GROUP LLP
Mission
OUR MISSION IS TO SUPPORT THE LONG-TERM GROWTH AND PROSPERITY OF SOUTH DAKOTA AND THE NORTHERN GREAT PLAINS BY PROVIDING DECISION MAKERS IN ALL FIELDS WITH INSIGHTS BASED ON THE BEST AVAILABLE DATE AND STRONG ANALYTICS TO INFORM THEIR STRATEGIC DECISION MAKING.
Program accomplishments
- DAKOTA INSTITUTE LAUNCHED ITS DAKOTA OUTLOOK, A QUARTERLY PUBLICATION OF ECONOMIC ANALYSIS AND FORECASTS. THE DAKOTA OUTLOOK IF FREE PUBLICATION RELEASED VIA OUR WEBSITE AND NEWSLETTER. THE REPORT PROVIDES THE PUBLIC AND DECISION MAKERS WITH ACCESS TO TIMELY AND CREDIBLE ANALYSIS OF ECONOMIC CONDITIONS IN THE STATE AND REGION. THE ORGANIZATION ALSO RELEASED A MAJOR REPORT ON THE ECONOMIC IMPACTS OF CARBON CAPTURE AND SEQUESTRATION.Expenses $243,077 · revenue $193,843
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 | 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
- 85-3597965
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $100,424
- Income (IRS master file)
- $363,844
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $363,844 | $302,991 | $100,424 | XML |
| 990 | December 2024 | $264,305 | $286,669 | $28,038 | IRS |
| 990 | December 2023 | $227,434 | $305,154 | $52,010 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 85-3597965).
Questions about DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS
- What is the EIN of DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS?
- The employer identification number (EIN) of DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS is 85-3597965.
- Is DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS 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 INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS 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 DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS 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 DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS?
- The 990 for the year ended December 31, 2025 names MICHAEL J MCENTAFFER.
- Who are the officers and directors of DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $168,344 (MICHAEL J MCENTAFFER, CEO).
- How much revenue does DAKOTA INSTITUTE FOR BUSINESS AND ECONOMIC ANALYSIS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $363,844, expenses of $302,991 and total assets of $100,424 at year end.
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All nonprofits in SIOUX FALLS · South Dakota · Community improvement and capacity building