EIN 46-0394983

Mitchell Area Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Mitchell
Year formed
1985
Most recent tax filings
2023-09-01
Description
Mitchell Area Development Corporation is an urban development organization in Mitchell, SD whose mission is: Promote economic Development in the Mitchell, sd Area.
Related structure
Mitchell Area Development Corporation is a subordinate organization under Mitchell Area Chamber of Commerce.
Total revenues
$445,865
2023
Total expenses
$485,480
2023
Total assets
$5,327,379
2023
Num. employees
0
2023

Program areas at Mitchell Area Development Corporation

Program services include activities to promote economic Development in the Mitchell Area. The organization provides funding to recruit various businesses to the Mitchell Area. With the goal of creating new jobs improving the local economic base. Land has been acqired for future prospects buildings have been acquired to lease to commercial tenants.
Workforce Development provides assistance to develop the Mitchell Area workforce by facilitating manufacturing business expansions in the region.
Economic Development for assistance in creating jobs in the Mitchell trade Area.

Who funds Mitchell Area Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Avera HealthSponsorship$90,000
Sam F Weller Family FoundationSupplies$4,000

Personnel at Mitchell Area Development Corporation

NameTitleCompensation
Geri BeckBoard Member$126,500
Ken SchlimgenPresident$0
Trevor DierksPresident, First Dakota$0
Tim BottumPast President$0
Mark VauxPast Executive Director / Ex Director and Secretary$0
...and 6 more key personnel

Financials for Mitchell Area Development Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$399,217
Program services$0
Investment income and dividends$25,208
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-72,647
Net gain from sale of non-inventory assets$91,958
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,129
Total revenues$445,865

Form 990s for Mitchell Area Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-04-25990View PDF
2022-092023-02-13990View PDF
2021-092022-05-13990View PDF
2020-092021-04-06990View PDF
2019-092020-10-09990View PDF
...and 10 more Form 990s
Data update history
January 24, 2025
Updated personnel
Identified 5 new personnel
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $90,000 from Avera Health
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 2 new personnel
December 29, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from South Dakota Community Foundation (SDCF)
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
601 N Main St
Mitchell, SD 57301
County
Davison County, SD
Website URL
movetomitchell.com/ 
Phone
(605) 996-1140
IRS details
EIN
46-0394983
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1985
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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