SOUTH DAKOTA STATE UNIVERSITY GROWTH PARTNERSHIP LTD
2301 RESEARCH PARK WAY NO 146, BROOKINGS, SD 57006 rpsdstate.com

Total Revenue
$617,789
Total Expenses
$800,916
Net Assets
$15,946,054

Organizations Filed Purposes: THE SDSU GROWTH PARTNERSHIP, LTD IS DEDICATED TO SERVE THE BROOKINGS AREA, THE STATE OF SOUTH DAKOTA AND ADJACENT COMMUNITIES AND STATES. TO ACCOMPLISH THIS GOAL, A LONG-TERM DEVELOPMENT STRATEGY HAS BEEN INCORPORATED THAT WILL, OVER DECADES, BUILD UP AN ECONOMIC BASE OF NEWLY DEVELOPED TECHNOLOGIES AND BUSINESSES WHICH WILL EXPAND THROUGHOUT THE REGION AND STATE OF SOUTH DAKOTA. THE RESEARCH PARK WILL CONTINUE TO EXPAND WITH ADDITIONAL BUILDINGS AND RESEARCH PROJECTS, ENHANCING THE ECONOMIC WELL-BEING OF THE CITY OF BROOKINGS AND ITS SURROUNDING AREAS AND IMPROVE ITS QUALITY OF LIFE AND PROSPERITY. THE WHOLE INTENT OF THE PARK IS TO EXPAND AND COMMERCIALIZE UNIVERSITY AND LOCAL INNOVATION. JOB CREATION, EMPLOYEE WEALTH, AND NEW BUSINESS DEVELOPMENT ARE CORE PILLARS TO THE ORGANIZATION.

TO BUILD AN ECONOMIC BASE OF NEWLY DEVELOPED TECHNOLOGIES AND BUSINESSES WITHIN SOUTH DAKOTA.

THE SOLE PURPOSE IN CREATING AND DEVELOPING THE RESEARCH PARK IN THE CITY OF BROOKINGS, SOUTH DAKOTA IS TO BENEFIT THE SCIENTIFIC AND EDUCATIONAL PROGRAMS OF SDSU. THIS IS ACCOMPLISHED BY SUPPORTING EFFORTS TO APPLY LEARNING AND RESEARCH TO CREATE ECONOMIC OPPORTUNITIES. THE RESEARCH PARK THROUGH THE BROOKINGS INNOVATION CENTER PROVIDES START-UP BUSINESSES WITH ACCESS TO SEASONED ENTREPRENEURS. THE RESIDENT ENTREPRENEURS INCLUDE ORGANIZATIONS SUCH AS COPYRIGHT AND TRADEMARK ATTORNEYS; A FULL TIME CPA; ANGEL FUNDS; AND ACCESS TO THE SMALL BUSINESS DEVELOPMENT CENTER TO DEVELOP BUSINESS PLANS, MARKETING PLANS AND FINANCIAL PROJECTIONS. THIS PAST YEAR THE BROOKINGS INNOVATION CENTER ASSISTED WITH SEVERAL STUDENT AND FACULTY PROJECTS. THROUGH A COLLABORATIVE EFFORT BETWEEN UNIVERSITY AND COMMUNITY PARTNERS A SUCCESSFUL STUDENT BUSINESS IDEA COMPETITION WAS HELD. MORE THAN 70 STUDENTS SIGNED UP REPRESENTING 41 BUSINESS IDEAS. $7,500 OF SPONSORED FUNDS WERE DISPERSED TO MULTIPLE WINNERS. A FACULTY BUSINESS PARTNERED WITH A LOCAL INVESTOR CREATING A NEW SOFTWARE-BASED BUSINESS AND HAD 3 NEW HIRES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Dwaine ChapelEXECUTIVE DIRECTOR40$146,500
Tim ReedBOARD MEMBER0.5$0
Ryan KrogmanBOARD MEMBER0.5$0
Al KurtenbachBOARD MEMBER0.5$0
Larry TidemannBOARD MEMBER0.5$0
Kevin TetzlaffBOARD MEMBER0.5$0
Dr Barry DunnBOARD MEMBER0.5$0
Jim MorganBOARD MEMBER0.5$0
Keith CorbettVICE CHAIRMAN0.5$0
Jay BenderCHAIRMAN0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042939349300724_public.xml