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University Of South Dakota Research Park Inc

  • Sioux Falls, SD
  • Tax-exempt since Aug. 2015
  • EIN: 46-2693612

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Educational Services and Schools - Other (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.8M (2023)

Expenses
$234k (2023)

Total Assets
$13M (2023)

Total Liabilities
$1.93M (2023)

Source: Form 990 tax filings from 2014 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,795,139
Expenses
$234,434
Net Income
$3,560,705
Net Assets
$11,060,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,595,238
94.7%
Program Services $0
Investment Income $181,079
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,822
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,986,266
Total Liabilities $1,925,836
Net Assets $11,060,430
Compensation
Key Employees and Officers Compensation Related Other
James Abbott (Interim President) $0 $0 $0
Sheila Gestring (Chair) $0 $397,111 $71,155
Bob Sutton (Vice Chair (Jan Jun)) $0 $0 $0
Deb Peters (Secretary/Treasurer) $0 $0 $0
Dr Brian Maher (Director (Jan Jun)) $0 $158,451 $16,295
Dr Dave Kapaska (Director (Jan Jun)) $0 $0 $0
Mark Mickelson (Director) $0 $0 $0
Kim Patrick (Director) $0 $0 $0
Paul Tenhaken (Director) $0 $0 $0
Tim Rave (Director) $0 $0 $0
Bobbie Tibbetts (Director) $0 $0 $0
Michelle Bruhn (Director (Jan Jun)) $0 $0 $0
Nathan Peterson (Director (Jun Dec)) $0 $0 $0
Matt Michels (Director (Jun Dec)) $0 $0 $0
Nathan Lukkes (Director (Jun Dec)) $0 $262,418 $37,339
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Document Links

990
Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,700,103
Expenses
$171,926
Net Income
$4,528,177
Net Assets
$7,474,018
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,675,000
99.5%
Program Services $0
Investment Income $6,281
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,822
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,803,121
Total Liabilities $329,103
Net Assets $7,474,018
Compensation
Key Employees and Officers Compensation Related Other
James Abbott (Interim President) $0 $0 $0
Sheila Gestring (Chair) $0 $371,510 $36,712
Bob Sutton (Vice Chair) $0 $0 $0
Russell Olson (Secretary/Treasurer (End 06/2022)) $0 $0 $0
Dr Brian Maher (Director) $0 $309,771 $36,712
Dr Dave Kapaska (Director) $0 $0 $0
Deb Peters Director (Secretary/Treasurer (Beg 12/2022)) $0 $0 $0
Mark Mickelson (Director) $0 $0 $0
Kim Patrick (Director) $0 $0 $0
Paul Tenhaken (Director) $0 $0 $0
Regent Tim Rave (Director (Beg 07/2022)) $0 $0 $0
Bobbie Tibbetts (Director (Beg 07/2022)) $0 $0 $0
Michelle Bruhn (Director (Beg 07/2022)) $0 $0 $0
Regent Kevin Schieffer (Director (End 06/2022)) $0 $0 $0
Paul Hanson (Director (End 06/2022)) $0 $0 $0
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Document Links

990
Filed on Nov. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$721,045
Expenses
$330,560
Net Income
$390,485
Net Assets
$2,940,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $700,000
97.1%
Program Services $0
Investment Income $3,447
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $17,598
2.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,272,091
Total Liabilities $331,812
Net Assets $2,940,279
Compensation
Key Employees and Officers Compensation Related Other
Sheila Gestring (Chair) $0 $357,013 $66,867
Dr Brian Maher (Director) $0 $355,954 $10,341
Mark Brown (President Until 7/2021) $0 $0 $0
James Abbott (Director; Interim President) $0 $0 $0
Bob Sutton (Vice President) $0 $0 $0
Russell Olson (Secretary/Treasurer) $0 $0 $0
Regent Kevin Schieffer (Director) $0 $0 $0
Paul Tenhaken (Director) $0 $0 $0
Deb Peters (Director) $0 $0 $0
Paul Hanson (Director) $0 $0 $0
Kim Patrick (Director) $0 $0 $0
Dr Dave Kapaska (Director) $0 $0 $0
Ryan Pidde (Director Until 09/2021) $0 $0 $0
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Document Links

990
Filed on Nov. 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,539,657
Expenses
$1,082,661
Net Income
$456,996
Net Assets
$2,549,794
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,483,350
96.3%
Program Services $1,258
0.1%
Investment Income $38,986
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $16,063
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,041,960
Total Liabilities $492,166
Net Assets $2,549,794
Compensation
Key Employees and Officers Compensation Related Other
Sheila Gestring (Chair) $0 $353,299 $68,726
Dr Paul Beran Left 62020 (Director) $0 $261,279 $17,236
Bob Sutton (Vice President) $0 $0 $0
Russell Olson (Secretary/Treasurer) $0 $0 $0
Paul Hanson (Director) $0 $0 $0
Ryan Pidde (Director) $0 $0 $0
Paul Tenhaken (Director) $0 $0 $0
Kim Patrick (Director) $0 $0 $0
Deb Peters (Director) $0 $0 $0
Regent Kevin Schieffer (Director) $0 $0 $0
Dr Dave Kapaska (Director) $0 $0 $0
Dr Brian Maher Joined 62020 (Director) $0 $168,154 $15,674
James Abbott Joined 62020 (Director) $0 $0 $0
Mark Brown Joined 12020 (President) $0 $0 $0
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Document Links

990
Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,750,690
Expenses
$2,388,731
Net Income
$361,959
Net Assets
$2,092,798
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,598,394
94.5%
Program Services $0
Investment Income $131,671
4.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $20,625
0.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,833,001
Total Liabilities $6,740,203
Net Assets $2,092,798
Compensation
Key Employees and Officers Compensation Related Other
Sheila Gestring (Chair) $0 $384,542 $65,273
Dr Paul Beran (Director) $0 $335,025 $26,153
Bob Sutton (Vice President) $0 $0 $0
Russell Olson (Secretary/Treasurer) $0 $0 $0
Paul Hanson (Director) $0 $0 $0
Ryan Pidde (Director) $0 $0 $0
Paul Tenhaken (Director) $0 $0 $0
Kim Patrick (Director) $0 $0 $0
Deb Peters (Director) $0 $0 $0
Regent Kevin Schieffer (Director) $0 $0 $0
Dr Dave Kapaska (Director) $0 $0 $0
Rich Naser Left 72019 (President) $0 $0 $0
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Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$667,188
Expenses
$584,414
Net Income
$82,774
Net Assets
$1,730,839
Notable Sources of Revenue Percent of Total Revenue
Contributions $650,000
97.4%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $17,188
2.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,139,331
Total Liabilities $408,492
Net Assets $1,730,839
Compensation
Key Employees and Officers Compensation Related Other
Sheila Gestring (Chairman Started 6/18) $0 $278,366 $49,923
James Abbott (Chairman Retired 6/18) $0 $333,406 $35,128
Regent Bob Sutton (Vice President) $0 $1,650 $0
Russell Olson (Secretary/Treasurer) $0 $0 $0
Dr Michael Rush (Director Left 5/18) $0 $385,577 $20,245
Paul Hanson (Director) $0 $0 $0
Daren Ketcham (Director Left 9/18) $0 $0 $0
Ryan Pidde (Director) $0 $0 $0
Paul Tenhaken (Director) $0 $0 $0
Kim Patrick (Director) $0 $0 $0
Deb Peters (Director) $0 $0 $0
Regent Kevin Schieffer (Director) $0 $0 $0
Dr Paul Beran (Director) $0 $118,670 $15,921
Dr Dave Kapaska (Director) $0 $0 $0
Rich Naser (President) $0 $0 $0
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990
Filed on Nov. 8, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,269,826
Expenses
$473,447
Net Income
$796,379
Net Assets
$1,648,065
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,269,826
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,283,392
Total Liabilities $635,327
Net Assets $1,648,065
Compensation
Key Employees and Officers Compensation Related Other
James Abbott (Chairman) $0 $311,874 $33,482
Regent Bob Sutton (Vice Chairman) $0 $4,050 $0
Dr Eddie Sullivan (Secretary/Treasurer Left 12/2017) $0 $0 $0
Dr Dave Kapaska (Director) $0 $0 $0
Russell Olson (Director) $0 $0 $0
Christine Hamilton (Director Left 12/2017) $0 $0 $0
Dr Michael Rush (Director) $0 $305,368 $33,482
Paul Hanson (Director) $0 $0 $0
Daren Ketcham (Director) $0 $0 $0
Rich Naser (President) $0 $0 $0
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990
Filed on Sept. 25, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,089,362
Expenses
$315,054
Net Income
$774,308
Net Assets
$851,686
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,089,362
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $896,228
Total Liabilities $44,542
Net Assets $851,686
Compensation
Key Employees and Officers Compensation Related Other
James Abbott (Chairman) $0 $291,955 $31,893
Regent Bob Sutton (Vice Chairman) $0 $3,075 $0
Dr Eddie Sullivan (Secretary/Treasurer) $0 $0 $0
Dr Kathryn Johnson (Director Left 6/2016) $0 $3,375 $0
Dr Dave Kapaska (Director) $0 $0 $0
Russell Olson (Director) $0 $0 $0
Christine Hamilton (Director) $0 $0 $0
Dr Michael Rush (Director) $0 $301,368 $31,893
Darrin Smith (Director Left 5/2016) $0 $0 $0
Paul Hanson (Director Joined 6/2016) $0 $0 $0
Daren Ketcham (Director Joined 6/2016) $0 $0 $0
Rich Naser (President) $0 $0 $0
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990
Filed on Nov. 13, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$453,020
Expenses
$499,121
Net Income
-$46,101
Net Assets
$77,378
Notable Sources of Revenue Percent of Total Revenue
Contributions $453,020
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $114,037
Total Liabilities $36,659
Net Assets $77,378
Compensation
Key Employees and Officers Compensation Related Other
James Abbott (Chairman) $0 $278,530 $32,988
Regent Bob Sutton (Vice Chairman) $0 $2,775 $0
Dr Eddie Sullivan (Secretary/Treasurer) $0 $0 $0
Dr Kathryn Johnson (Director) $0 $1,350 $0
Dr Dave Kapaska (Director) $0 $0 $0
Russell Olson (Director) $0 $0 $0
Christine Hamilton (Director) $0 $0 $0
Dr Michael Rush (Director (Beg Oct 2015)) $0 $151,492 $17,231
Darrin Smith (Director) $0 $0 $0
Dr Jack Warner (Director (Until May 2015)) $0 $166,754 $22,995
Rich Naser (President) $0 $0 $0
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990
Filed on Nov. 14, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$270,000
Expenses
$391,199
Net Income
-$121,199
Net Assets
$123,479
Notable Sources of Revenue Percent of Total Revenue
Contributions $270,000
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $170,919
Total Liabilities $47,440
Net Assets $123,479
Compensation
Key Employees and Officers Compensation Related Other
James Abbott (Chairman) $0 $343,564 $34,446
Bob Sutton (Vice Chairman) $0 $2,484 $0
Dr Eddie Sullivan (Secretary/Treasurer) $0 $0 $0
Dr Kathryn Johnson (Director) $0 $3,225 $0
Dr Dave Kapaska (Director) $0 $0 $0
Russell Olson (Director) $0 $0 $0
Christine Hamilton (Director) $0 $0 $0
Darrin Smith (Director) $0 $0 $0
Dr Jack Warner (Director) $0 $348,651 $34,446
Rich Naser (President) $0 $0 $0
+ View more people

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990
Filed on Nov. 16, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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