Organizations Filed Purposes:
Providing innovative advancement of housing, education, and economic opportunities throughout South Dakota.
New Market Tax Credit Program: GROW South Dakota owns and leased two school buildings to the Shannon County School District (also known as Oglala Lakota School District) throughout the year.
Housing: GROW South Dakota owns a 60 unit HUD property in Milbank, South Dakota. The project is currently managed by Mills Property Management and consists of 30 one-bedroom elderly units and 30 family two- and three-bedroom units in townhouse structures. The organization made 157 on-balance sheet housing loans totaling $1,930,574 and 7 off-balance sheet down payment housing loans totaling $32,200.
Business Revolving Loan Funds: In FY 2020, GROW South Dakota made 20 business loans totaling $1,738,454, creating or retaining 63 jobs through the Revolving Loan Fund. The organization provides technical assistance to all applicants.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Marcia Erickson | Chief Executive Officer | 13 | $8,000 |
| Kimberly Lorensberg | Chief Financial Officer | 13 | $8,000 |
| Lori Finnesand | Chief Executive Officer | 13 | $8,000 |
| Ginger Niemann | Director (August - June) | 1 | $0 |
| Ruth Christopherson | Director | 1 | $0 |
| Michael Malone | Director | 1 | $0 |
| Dave Hahler | Director | 1 | $0 |
| Thomas Farber | Secretary/Treasurer | 1 | $0 |
| Craig Carson | Vice President | 1 | $0 |
| Daniel Menking | President | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202013029349300326_public.xml