Program areas at GROW South Dakota
New market tax credit program: Grow South Dakota owns and leases two school buildings to oglala lakota school district through the year.
Business revolving loan funds: in fy2023, Grow South Dakota made 15 business loans totaling 1,569,282, creating or retaining 48 jobs through the revolving loan fund. The organization provides technical assistance to all applicants.
Housing: Grow South Dakota owns a 60 unit hud property in milbank, South Dakota. The project is currently managed by mills property management and consists of 30 one-bedroom elderly units and 30 family two- and three- bedroom units in town house structures. The organization made 142 on- balance sheet housing loans totaling 2,120,893 and 1 off-balance sheet down payment housing loans totaling 1,600. The organization also assisted 77 home owners with housing rehab on existing property that totaled 748,357 in repairs.
1.) Grow South Dakota assisted one non-profit organization by making available 10 vehicles and one piece of equipment to further that organization's work in low-income weatherization and housing rehabilitation. Grow South Dakota was also involved in some programs that will further their work in community engagement. 2.) Grow South Dakota granted funds to ne South Dakota community action program (a 501(c)(3)) organization for arts and culture community projects.
Who funds GROW South Dakota
Grants from foundations and other nonprofits
Personnel at GROW South Dakota
| Name | Title | Compensation | Date of data |
|---|
| Lori Finnesand | Chief Executive Officer | $8,270 | 2024-10-02 |
| Lori Moen | Chief Operating Officer | | 2024-10-02 |
| Kathryn Rasmus | Chief Financ | $6,695 | 2023-06-30 |
| Katie Rasmus | Chief Financial Officer | | 2024-10-02 |
| Collin Fitz | Finance Director | | 2024-10-02 |
| ...and 9 more key personnel |
Financials for GROW South Dakota
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,966,588 | $3,552,885 | -44.6% |
| Program services | $1,118,755 | $2,600,777 | -57% |
| Investment income and dividends | $21,202 | $6,025 | 251.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $-247 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $3,106,545 | $6,159,440 | -49.6% |
Organizations like GROW South Dakota
| Organization | Type | Location | Revenue |
|---|
| BRIDGE Northwest Development | 501(c)(3) | San Francisco, CA | $4,153,455 |
| Merced Housing Texas | 501(c)(3) | San Antonio, TX | $11,389,312 |
| Bridge Housing Corporation - Southern California | 501(c)(3) | San Francisco, CA | $4,933,639 |
| Community Development Corporation of Utah | 501(c)(3) | Salt Lake City, UT | $14,493,892 |
| BRIDGE Housing | 501(c)(3) | San Francisco, CA | $3,759,244 |
| Neighborworks Umpqua | 501(c)(3) | Roseburg, OR | $6,192,979 |
| NeighborWorks Northeast Nebraska | 501(c)(3) | Norfolk, NE | $5,603,055 |
| CPLC New Mexico | 501(c)(3) | Phoenix, AZ | $6,197,215 |
| Bomh | 501(c)(3) | San Francisco, CA | $1,545,156 |
| Housing First Minnesota Foundation | 501(c)(3) | Roseville, MN | $912,694 |
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 6, 2024
Updated personnel
Identified 1 new personnel
February 4, 2024
Used new vendors
Identified 2 new vendors, including , and
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
Partially liquidatedState / local levelReceives government fundingEndowed supportManagement and technical assistanceGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 104 Ash St East
- Sisseton, SD 57262
- County
- Roberts County, SD
- Website URL
- growsd.org/Â
- Phone
- (605) 698-7654
IRS details
- EIN
- 56-2667948
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2007
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L80: Housing Support Services
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Subordinate organization
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