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EIN 46-0394983

Mitchell Area Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Mitchell
State
South Dakota
Year formed
1985
Most recent tax filings
2023-09-01
NTEE code, primary
S31: Urban, Community Economic Development
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
South Dakota Community Foundation (SDCF)Community Welfare and Betterment$100,000
Sam F Weller Family FoundationSupplies$4,000

Personnel at Mitchell Area Development Corporation

NameTitleCompensation
Geri BeckExecutive Director$0
Tim BottumPresident$0
Ken SchlimgenTreasurer$0
Trevor DierksVice President$0
Chris KrohmerPast President / President / Director$0
...and 7 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

Organizations like Mitchell Area Development Corporation

OrganizationLocationRevenue
Market VanburenBenton Harbor, MI$420,977
Go-Edc FoundationOshkosh, WI$163,157
Vermont Slauson LDCLos Angeles, CA$2,108,133
Wichita Downtown Development CorporationWichita, KS$905,514
Lancaster City AllianceLancaster, PA$1,694,952
Northeast Mo Rural Development CorporationMemphis, MO$562,360
Destination Downtown South BostonSouth Boston, VA$190,486
Target Alpena Development CorporationAlpena, MI$132,955
Rei Development CorporationDurant, OK$1,946,749
Greater Greenville Development FoundationGreenville, MS$131,489
Data update history
December 29, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from South Dakota Community Foundation (SDCF)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 3 new personnel
May 16, 2023
Updated personnel
Identified 4 new personnel
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 employees
General information
Address
601 N Main St
Mitchell, SD 57301
County
Davison County, SD
Website URL
mitchellsd.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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