South Dakota · Nonprofit
RESEARCH PARK AT SDSU
RESEARCH PARK AT SDSU (South Dakota) receives grants from 1 organization whose IRS filings report $672,000 to it, the largest being Brookings Economic Development Corporation ($672,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $1.7M
- Funders on record
- 1
- Grants received
- $672k
- Net assets
- $38M
What Research Park at Sdsu does
Mission
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.
As stated on its FY2024 Form 990.
Program
The sole purpose in creating and developing the research park is to grow research in the state of south dakota. It will 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; proof of concept funds - angel funds - venture capital funds; and access to business plans, market plans and financial projections. This past year the brookings innovation center and research park staff continue to assist university, community, and regional startups. The team also works with industry partners that wish to be located in the research park. The research park staff have added several new startups that are receiving assistance.
$1,622,153 spent$385,621 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,622,153.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $20M to $38M (+92%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 78% · 2021 86% · 2022 98% · 2023 90% · 2024 77%. Grants only. Government contracts and fees sit inside program revenue.
77% of RESEARCH PARK AT SDSU’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Dwaine Chapel
CEO/executive director/sec
Board chair
Jay Bender
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $120k → $36k.
From the IRS filings of RESEARCH PARK AT SDSU’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of RESEARCH PARK AT SDSU's grant income comes from South Dakota funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
RESEARCH PARK AT SDSU has grown faster than half of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like RESEARCH PARK AT SDSU
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In South Dakota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for RESEARCH PARK AT SDSU: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds RESEARCH PARK AT SDSU?
- RESEARCH PARK AT SDSU (South Dakota) receives grants from 1 organization whose IRS filings report $672,000 to it, the largest being Brookings Economic Development Corporation ($672,000). 1 of them have funded it in more than one year.
- How many funders does RESEARCH PARK AT SDSU have?
- IRS filings report 1 organization giving $672,000 in grants to RESEARCH PARK AT SDSU, 1 of which have funded it in more than one year.
- Who is the largest funder of RESEARCH PARK AT SDSU?
- Brookings Economic Development Corporation is the largest funder on record, with $672,000 in grants. The full list of funders is on this page.
- How can an organization like RESEARCH PARK AT SDSU find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in South Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Research Park at Sdsu →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing