Glacial Lakes Area Development INC
Boosts economic growth across northeastern South Dakota. For fiscal year 2024 it reported $129K in revenue, $112K in expenses, and $524K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Britton, SD
- Website
- www.gladsd.com
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Lindsey Kimber’s $64K as Executive Director is at the 41st percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2021 | FY2020 |
|---|---|---|
| Lindsey Kimber | $64,373 | $62,572 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Attended, staffed, and coordinated various community meetings regarding local economic development projects. Collected and disbursed donated funds for community facilities to be transferred to local nonprofit country club, school activities, and city event center upon completion.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 18% | — | — |
| Overhead ratio | 82% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 12% | — | — |
| Accounting fee ratio | 0.7% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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