CSCharityScored
42

Brookings Economic Development Corporation

Other · Brookings, South Dakota

2301 Research Parkway Ste 113, Brookings, SD 57006-0000

EIN: 460440746· Founded: Sep 1997· 29 years active· Filing Year: 2023

Annual Revenue

$778K

Total Expenses

$961K

Total Assets

$6.2M

Program Spending

28%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$104K

10.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$27K

Total Payroll

$131K

14% of total expenses

Where the Money Goes

28%
Programs: 28%
Payroll: 14%
Other overhead: 72%
Program Revenue$270K (35%)
Total Expenses$961K (100%)
Payroll$131K (14%)
Overhead (non-program)72%

Trust Score Breakdown

Program Spending Ratio

28% of expenses go to programs

40%

Revenue & Stability

$778K annual revenue

15%

Executive Compensation

$104K total officer comp (10.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$6.2M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.