Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1988.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
97 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
9 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
South Central Development Corporation is a business league or trade association based in Winner, SD.
Questions for South Central Development Corporation
Your first name shows with your question. South Central Development Corporation answers here, for everyone.
They have an ongoing effort working to encourage businesses to locate to the winner, SD, area.
Maintains a revolving loan fund. Currently they have twelve low-interest loans they are maintaining.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $400K | $417K |
| Land, buildings, equipmentLn 10c | $18K | $18K |
| Total assetsLn 16 | $895K | $929K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $895K | $929K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $5K | $5K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $202 | $202 | ||
| OccupancyLn 16 | $4K | $4K | ||
| Travel and entertainment for public officialsLn 18 | $161 | $161 | ||
| Conferences, conventions and meetingsLn 19 | $325 | $325 | ||
| InsuranceLn 23 | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $43K | $43K | ||
| All other expensesLn 24e | $229 | $229 | ||
| Total functional expensesLn 25 | $57K | $55K | $2K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Jul 13, 2026 | $265K | $254K | $11K | $973K | 990 PDF |
| FY2024Filed with the IRS May 27, 2025 | $165K | $112K | $52K | $960K | 990 PDF |
| FY2023Filed with the IRS Feb 6, 2024 | $64K | $74K | −$10K | $902K | 990 PDF |
| FY2022Filed with the IRS Feb 13, 2023 | $46K | $65K | −$19K | $911K | 990 PDF |
| FY2021 ViewingFiled with the IRS Feb 3, 2022 | $91K | $57K | $34K | $929K | 990 PDF |
| FY2020Filed with the IRS Apr 15, 2021 | $62K | $49K | $13K | $895K | 990 PDF |
Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $91,289 revenue, 12 lines filed
Part VI · Governance 84 of 84 board members independent, 3 to look at
Part VIII · Statement of revenue $91,289 across 7 lines filed
Part IX · Statement of functional expenses $56,900 across 10 lines filed
Part X · Balance sheet $929,017 assets, 11 lines filed
Part XI · Reconciliation of net assets $929,017 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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