South Dakota Bankers Association
Revenue
$1.7m
year to 31 December 2024
Expenses
$1.3m
year to 31 December 2024
Total assets
$5.6m
$209k liabilities
Net assets
$5.4m
assets less liabilities
Directors and trustees
14
4.9 years on average
Staff
6
employees, year to 31 December 2024
Chair observed
≥6 yrs
Pete Mehlhaff
Left since last filing
2
14% of the board
South Dakota Bankers Association's network
14 people5 organisationsi14 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 14 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| David D Nelson Chair | Past Chair | 2018 | 8 yrs |
| Dylan Clarkson Chair | Chair | 2018 | 8 yrs |
| Pete Mehlhaff Chair | Chair-Elect | 2019 | 7 yrs |
| Cameron Becker | Director | 2023 | 3 yrs |
| Dusty Petersen | Director | 2023 | 3 yrs |
| Jamie Dooley | Director | 2023 | 3 yrs |
| John McGrath | Director | 2021 | 5 yrs |
| Keith Knuppe | Director | 2021 | 5 yrs |
| Krista Tschetter | Director | 2024 | 2 yrs |
| Matt Smith | Director | 2024 | 2 yrs |
| Nathan Franzen | Vice Chair | 2021 | 5 yrs |
| Pennie Lutz | Director | 2021 | 5 yrs |
| Terry Fitzke | Director | 2022 | 4 yrs |
| Todd Christoffer | Director | 2023 | 3 yrs |
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Curt Everson | President | since 2018 |
| Halley Lee | Adm. V-Pres | since 2018 |
| Karl Adam | President | 2020 |
| Karlton Adam | President | since 2021 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Karlton Adam | President | 40 | $289k | $37k | |
| Halley Lee | Adm. V-Pres | 40 | $118k | $19k | |
| David D Nelson | Past Chair | 1 | $0 | ||
| Pete Mehlhaff | Chair-Elect | 1 | $0 | ||
| Nathan Franzen | Vice Chair | 1 | $0 | ||
| Keith Knuppe | Director | 1 | $0 | ||
| Dylan Clarkson | Chair | 1 | $0 | ||
| John McGrath | Director | 1 | $0 | ||
| Pennie Lutz | Director | 1 | $0 | ||
| Terry Fitzke | Director | 1 | $0 | ||
| Dusty Petersen | Director | 1 | $0 | ||
| Jamie Dooley | Director | 1 | $0 | ||
| Todd Christoffer | Director | 1 | $0 | ||
| Cameron Becker | Director | 1 | $0 | ||
| Matt Smith | Director | 1 | $0 | ||
| Krista Tschetter | Director | 1 | $0 |
About
- Legal name
- South Dakota Bankers Association
- EIN
- 460191650
- Address
- 109 W Missouri Ave, Pierre, SD, 57501-4505
- State
- South Dakota
- Mission
- Promote welfare and usefulness of banks and financial instituions (as filed on the Form 990)
- IRS classification
- 501(c)06 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 7 (IRS master file code)
- Formed
- 1971
- Principal officer
- Karlton Adam (as named on the Form 990)
- IRS ruling date
- 1 August 1942
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsDavid D Nelson
≥8years on the filingsDylan Clarkson
≥7years on the filingsPete Mehlhaff
≥5years on the filingsJohn McGrath
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $5.6m
- Total liabilities
- $209k
- Net assets or fund balances
- $5.4m
- Contributions and grants received
- $0
- Program service revenue
- $568k
- Employees
- 6
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $1.7m | $1.3m | $428k |
As filed on the IRS Form 990. US dollars.