Grants paid by Rapid City Economic Development Foundation
EIN 23-7267019 · SD · Form 990, Schedule I
Rapid City Economic Development Foundation of SD (EIN 23-7267019) reported 12 grants paid totaling $2,136,015 to 11 recipients in tax years 2018–2023, on Form 990, Schedule I. Derived from IRS e-file data, dataset version 2026.09.0, built 2026-09-03.
Grants paid
$2,136,015
12 grants
Recipients
11
distinct organizations
Tax years
2018–2023
4 filings in the corpus
By tax year
| Tax year | Grants paid | Amount paid | Approved for future |
|---|---|---|---|
| 2018 | 1 | $0 | — |
| 2020 | 9 | $0 | — |
| 2022 | 1 | $2,128,147 | — |
| 2023 | 1 | $7,868 | — |
Top recipients
The 11 recipients receiving the most from Rapid City Economic Development Foundation, by grants paid, out of 11 distinct recipients.
| Recipient | Match | Location | Grants | Total paid | Latest year |
|---|---|---|---|---|---|
| Elevate Rapid City 46-0118545 | A | Rapid City, SD | 2 | $2,136,015 | 2023 |
| Nanopareil 45-3649962 | A | Rapid City, SD | 1 | $0 | 2020 |
| Raven 46-0246171 | A | Rapid City, SD | 1 | $0 | 2020 |
| Ideachem 46-0758352 | A | Rapid City, SD | 1 | $0 | 2020 |
| Novum Nano 83-3535128 | A | Rapid City, SD | 1 | $0 | 2020 |
| City of Rapid City | U | Rapid City, SD | 1 | $0 | 2018 |
| Amptec 46-6000364 | A | Rapid City, SD | 1 | $0 | 2020 |
| Bh Information Security 26-1843065 | A | Rapid City, SD | 1 | $0 | 2020 |
| Innovative Systems - Student Research and Development Center 41-1920375 | A | Rapid City, SD | 1 | $0 | 2020 |
| Chr Solutions 75-1169463 | A | Rapid City, SD | 1 | $0 | 2020 |
| Omnitech | U | Rapid City, SD | 1 | $0 | 2020 |
Match tier: A Reported EIN · B Exact name and place · C Strong name match · D Probable name match · U Unresolved. Tiers C and D are inferred, not reported; see how matching works.
Every grant
All 12 grant rows this organization reported, most recent first.
| Tax year | Recipient | Match | Amount | Type | Purpose | Source filing |
|---|---|---|---|---|---|---|
| 2023 | Elevate Rapid City Rapid City, SD | A | $7,868 + $12,008,721 non-cash | paid | DURING 2023, THE BOARD OF DIRECTORS OF RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION, THE CITY OF RAPID CITY, AND THE ECONOMIC DEVELOPMENT ADMINISTRATION APPROVED ELEVATE RAPID CITY (A RELATED ORGANIZATION) ACQUIRING THE ASSETS, LIABILITIES, AND OPERATIONS OF RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION. THE ACQUISITION OCCURRED TO ALIGN OBJECTIVES AND COMBINE THE RESOURCES OF THE TWO ENTITIES TO BETTER PROMOTE AND SUPPORT THE RAPID CITY AND BLACK HILLS REGION. DURING 2023 THE ASSETS AND LIABILITIES OF RAPID CITY ECONOMIC DEVELOPMENT FOUNDATION WERE TRANSFERRED TO AND ASSUMED BY ELEVATE RAPID CITY WITH NO CASH CONSIDERATION TRANSFERRED BETWEEN ENTITIES. THE FOUNDATION WAS OFFICIALLY DISSOLVED BY THE STATE OF SOUTH DAKOTA ON DECEMBER 8, 2023. | 202401289349303010 |
| 2022 | Elevate Rapid City Rapid City, SD | A | $2,128,147 | paid | ECONOMIC DEVELOPMENT PROGRAMS | 202303189349311780 |
| 2020 | Novum Nano Rapid City, SD | A | $0 + $9,445 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Innovative Systems - Student Research and Development Center Rapid City, SD | A | $0 + $7,553 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Raven Rapid City, SD | A | $0 + $9,598 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Bh Information Security Rapid City, SD | A | $0 + $6,038 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Ideachem Rapid City, SD | A | $0 + $6,587 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Omnitech Rapid City, SD | U | $0 + $7,355 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Amptec Rapid City, SD | A | $0 + $17,125 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Nanopareil Rapid City, SD | A | $0 + $13,649 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2020 | Chr Solutions Rapid City, SD | A | $0 + $7,520 non-cash | paid | SUBSIDIZED RENT | 202143149349306819 |
| 2018 | City of Rapid City Rapid City, SD | U | $0 + $51,350 non-cash | paid | ECONOMIC DEVELOPMENT | 201922109349300522 |
Match tier: A Reported EIN · B Exact name and place · C Strong name match · D Probable name match · U Unresolved. Tiers C and D are inferred, not reported; see how matching works.
Recipient matching for this dataset version has not yet completed its independent precision check. Tier A rows carry the EIN the filer reported; tiers B–D are the matcher's inference and should be read as leads until the check is published on the methodology page.
Source filings
Every figure above is traceable to one of these IRS e-file returns by its OBJECT_ID.
| Form | Tax year | Period end | Filed | Schema | IRS OBJECT_ID |
|---|---|---|---|---|---|
| 990 | 2023 | 2023-12-31 | not stated | 2023v5.0 | 202401289349303010 |
| 990 | 2022 | 2022-12-31 | not stated | 2022v5.0 | 202303189349311780 |
| 990 | 2020 | 2020-12-31 | not stated | 2020v4.0 | 202143149349306819 |
| 990 | 2018 | 2018-12-31 | not stated | 2018v3.1 | 201922109349300522 |
Derived from IRS Form 990 e-file XML; recipient identities from the IRS Exempt Organizations Business Master File. Dataset version 2026.09.0, built 2026-09-03. The same rows as Parquet: manifest; as JSON: /api/funders/237267019.json.
The same organization elsewhere in the program: exempt status and filing health · federal awards · grant guidance · open opportunities.
This is informational only, derived from public data on the dates shown. It is not an eligibility determination, and not legal, tax, or accounting advice. Verify against the official source before relying on it.