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EIN 46-2693612

Usd Discovery District

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Sioux Falls
State
South Dakota
Year formed
2012
Most recent tax filings
2023-12-01
NTEE code, primary
B43: University or Technological Institute
Description
Usd Discovery District's mission is to grow university research capacity, resources, and talent. It also aims to connect these core activities with private sector resources and companies to foster economic development and workforce growth. In 2022, the interim president James Abbott initiated a proposal for funding from the state of South Dakota to plan, design, and construct the first building at Usd Discovery District. The 2022 South Dakota legislature appropriated funds under HB 1210. Usd Discovery District is located in Sioux Falls, SD.
Also known as...
University of South Dakota Research Park
Total revenues
$3,795,139
2023
Total expenses
$234,434
2023
Total assets
$12,986,266
2023
Num. employees
0
2023

Program areas at Usd Discovery District

The organization continued the planning, design, and construction of the first building at the Usd Research Park, Inc. The building project is funded by $15 million awarded from the state of South Dakota and $4 million awarded from the city of sioux falls, restricted to the planning, design, and construction of building 1.

Who funds Usd Discovery District

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Avera HealthSponsorship$1,867,032

Personnel at Usd Discovery District

NameTitleCompensation
James AbbottInterim President and Chief Executive Officer$0
Ryan OinesChief Operating Officer
Nathan LukkesBoard Member
Sheila GestringChairman$0
Russell OlsonSecretary and Treasurer / Director$0
...and 4 more key personnel

Financials for Usd Discovery District

RevenuesFYE 12/2023
Total grants, contributions, etc.$3,595,238
Program services$0
Investment income and dividends$181,079
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$18,822
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$0
Miscellaneous revenues$0
Total revenues$3,795,139

Form 990s for Usd Discovery District

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-13990View PDF
2021-122022-11-10990View PDF
2020-122021-11-15990View PDF
2019-122021-04-05990View PDF
...and 6 more Form 990s
Data update history
October 25, 2024
Updated personnel
Identified 4 new personnel
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $1,867,032 from Avera Health
January 22, 2024
Updated personnel
Identified 5 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
4800 N Career Ave 100
Sioux Falls, SD 57107
Metro area
Sioux Falls, SD
County
Minnehaha County, SD
Website URL
usddiscovery.com/ 
Phone
(605) 275-8010
IRS details
EIN
46-2693612
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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