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EIN 30-0017659

South Eastern Development Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Sioux Falls
State
South Dakota
Year formed
2002
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
The South Eastern Development Foundation strengthens communities and stimulates economic development through small business lending and affordable housing initiatives. Through their Housing Financing and development programs, they provide affordable housing opportunities to low and moderate income families in the region. Their revolving loan fund program is used for community and economic development.
Total revenues
$2,441,148
2023
Total expenses
$1,339,293
2023
Total assets
$24,947,970
2023
Num. employees
0
2023

Program areas at South Eastern Development Foundation

Housing Financing and development provides affordable housing opportunities to low and moderate income families in the region
The revolving loan fund program is used for community and economic development

Who funds South Eastern Development Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dakota Business FinanceEconomic Development$40,000
First Interstate BancSystem FoundationGeneral Support$10,000
Sioux Falls Area Community Foundation (SFACF)Program Support$10,000

Personnel at South Eastern Development Foundation

NameTitleCompensation
Lynne Keller ForbesExecutive Director$0
Eric DehaanPresident$0
Paul TschetterSecretary and Treasurer$0
Keith ThompsonVice President$0
Amy IbisSecretary and Treasure$0
...and 6 more key personnel

Financials for South Eastern Development Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,223,507
Program services$626,989
Investment income and dividends$200,952
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$389,700
Miscellaneous revenues$0
Total revenues$2,441,148

Form 990s for South Eastern Development Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-20990View PDF
2022-122023-05-10990View PDF
2021-122022-05-24990View PDF
2020-122021-09-03990View PDF
2019-122021-02-17990View PDF
...and 9 more Form 990s

Organizations like South Eastern Development Foundation

OrganizationLocationRevenue
Credit Builders AllianceWashington, DC$5,600,497
Seattle Economic Development Fund Business Impact NWTukwila, WA$9,619,486
The Community Economic Development Fund FoundationMeriden, CT$2,219,165
Southwest Intermediary Finance TeamWeatherford, OK$3,255,146
TechGrowth Ohio FundAthens, OH$3,030,876
Grow South Dakota / Northeast South Dakota Economic CorporationSisseton, SD$1,331,875
Michigan Community CapitalLansing, MI$4,447,895
Community Lending Partners of New JerseyNew Brunswick, NJ$1,102,696
Rural Missouri IncorporatedJefferson City, MO$2,995,423
Sabre FinanceBirmingham, AL$1,669,572
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from Sioux Falls Area Community Foundation (SFACF)
February 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 3, 2023
Updated personnel
Identified 2 new personnel
July 1, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
500 N Western Ave
Sioux Falls, SD 57104
Metro area
Sioux Falls, SD
County
Minnehaha County, SD
Website URL
sedf.info/ 
Phone
(605) 681-8172
IRS details
EIN
30-0017659
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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