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BRANDON DEVELOPMENT FOUNDATION INC

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Public nonprofit record

BRANDON DEVELOPMENT FOUNDATION INC

EIN 36-3276322 · Urban & Community Economic Development (S31)

What they do

THE MISSION of THE BRANDON DEVELOPMENT FOUNDATION (BDF) is to CREATE and to RETAIN JOBS WITHIN THE CITY of BRANDON, SOUTH DAKOTA. AS A NON-PROFIT ORGANIZATION WITH A VOLUNTEER BOARD of DIRECTORS, BDF TAKES THE LONG-VIEW and REALIZES THAT ECONOMIC DEVELOPMENT is A LONG-TERM EFFORT.ECONOMIC DEVELOPMENT BRINGS NEW JOBS INTO TOWN WHICH BENEFITS THE COMMUNITY THROUGH INCREASED LOCAL PAYROLLS THAT IN TURN COME BACK to BRANDON IN TERMS of RETAIL ACTIVITY, SALES TAX, and INCREASED HOME OWNERSHIP. ADDITIONALLY, COMMERCIAL and INDUSTRIAL PROPERTIES GENERALLY PAY PROPORTIONATELY MORE PROPERTY TAX and TAKE BACK LESS IN SERVICES THAN RESIDENTIAL PROPERTIES. THE BOTTOM LINE is THAT INDUSTRIAL GROWTH is TAX RELIEF and INCREASED DEVELOPMENT is GOOD for THE CITY of BRANDON.

Money

Financial picture

Tax year 2024
Revenue$219,337
Expenses$11,928
Assets$3,957,261
Income$443,855
Contributions$67,992
Accounting fees$9,027

About this charity

Recognized since
January 2000
Location
308 MAIN AVE PO BOX 95, BRANDON, SD 57005
County
Minnehaha
In care of
TIM JORGENSON
Primary officer
TIM JORGENSON, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990
Tax preparer
BRADY MARTZ PLLC
NTEE classification
Urban & Community Economic Development (S31)
IRS tax category
Urban & Community Economic Development
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
06
Affiliation
3
Classification
2000
Deductibility
2
Activity
998000000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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