SDSM&T CENTER FOR ALUMNI RELATIONS & ADVANCEMENT

EIN: 466011771 501(c)(3) Education

RAPID CITY, SD

Total Revenue
$29,330,699
Total Expenses
$18,056,200
Total Assets
$176,230,668
Net Assets
$171,258,464
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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
SD
Principal Officer
MARC VAILLANCOURT
Phone
6053942436
Tax Period
2024-07-01 to 2025-06-30

SOUTH DAKOTA SCHOOL OF MINES AND TECHNOLOGY FOUNDATION, founded in 1954, is a mid-sized nonprofit in the Education sector that reported $12.2M in total revenue in fiscal year 2017. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $5.6M, a strong 46% operating margin.

Mission

THE SDSM&T CARA'S MISSION IS TO PROMOTE THE TRADITIONS, INTERESTS, INFLUENCE AND REPUTATION OF SOUTH DAKOTA MINES AMONG ALUMNI AND FRIENDS THROUGH MEANINGFUL ENGAGEMENT AND BY INSPIRING AND STEWARDING PHILANTHROPY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,115,605
Program Service Revenue $1,143,902
Investment Income $6,822,624
Other Revenue $248,568
TOTAL REVENUE $29,330,699

Expense Breakdown

Grants Paid $15,015,765
Salaries & Benefits $1,690,600
Fundraising Expenses $1,257,287
Program Expenses $15,467,951
Other Expenses $1,270,111
TOTAL EXPENSES $18,056,200

Year-over-Year Comparison

2024 2023 Change
Revenue $29,330,699 $27,955,410 +0.0%
Expenses $18,056,200 $17,246,547 +0.0%
Net Income $11,274,499 $10,708,863 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
22
Independent Members
22
Employees
22
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$287,244
Total Directors
22
$0
Key Employees
1
$197,604
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRADLEY JOHNSON VP- DEVELOPM 45.00
Key Emp
$168,238 $29,366 $197,604
MARC VAILLANCOURT CEO 45.00
Officer
$153,971 $15,582 $169,553
LEAH MAHONEY DIR PLANNED 45.00
Highest
$120,102 $10,693 $130,795
AUDREY BOEHM CFO 45.00
Officer
$111,249 $6,442 $117,691
JEREMY ADAMS TRUSTEE 1.00
Director
$0 $0 $0
JEFF ALLEN TRUSTEE 1.00
Director
$0 $0 $0
MARK BENSON TRUSTEE 1.00
Director
$0 $0 $0
KARLA CALLAHAN TRUSTEE 1.00
Director
$0 $0 $0
JERRY FARKE TRUSTEE 1.00
Director
$0 $0 $0
JOHN HENDERSON TRUSTEE 1.00
Director
$0 $0 $0
GREG HINTGEN TRUSTEE 1.00
Director
$0 $0 $0
BILL JONES TRUSTEE 1.00
Director
$0 $0 $0
CARLOS BEATTY JR TRUSTEE 1.00
Director
$0 $0 $0
SHASHI KANTH TRUSTEE 1.00
Director
$0 $0 $0
MIKE KOCH TRUSTEE 1.00
Director
$0 $0 $0
RENITA MOLLMAN TRUSTEE 1.00
Director
$0 $0 $0
ROBERT MORCOM TRUSTEE 1.00
Director
$0 $0 $0
MARLENE NELSON TRUSTEE 1.00
Director
$0 $0 $0
TIM OGDIE TREASURER 1.00
Officer Director
$0 $0 $0
TONI RICHARDSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
JERILYN ROBERTS TRUSTEE 1.00
Director
$0 $0 $0
LAWRENCE SCHMALTZ TRUSTEE 1.00
Director
$0 $0 $0
DUKE TALLAM TRUSTEE 1.00
Director
$0 $0 $0
RICH WELLS CHAIR 1.00
Officer Director
$0 $0 $0
TODD WILLIAMS SECRETARY 1.00
Officer Director
$0 $0 $0
LISA ZACHER TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $29,330,699 $18,056,200 $176,230,668 $11,274,499
2024 $27,955,410 $17,246,547 $159,297,880 $10,708,863
2023 $25,430,397 $10,201,328 $140,144,675 $15,229,069
2022 $127,224,720 $113,062,414 $122,751,670 $14,162,306
2021 $24,597,913 $7,219,439 $121,153,280 $17,378,474
2020 $14,625,417 $7,242,663 $102,523,610 $7,382,754
2019 $75,704,849 $70,840,024 $95,588,580 $4,864,825
2018 $12,155,310 $6,524,008 $90,539,621 $5,631,302
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