Overview
What is South Dakota Trust Association Inc?
South Dakota Trust Association Inc is a nonprofit organization situated in Sioux Falls, South Dakota. Its primary mission is to foster and uphold professionals and organizations within South Dakota's trust and estate planning sector. Through educational events and forums, the association aims to promote knowledge and best practices within the industry. During legislative social events, they engage with legislators across the state, highlighting the potential of the trust industry to individuals considering careers in the field. The organization also demonstrates a commitment to philanthropy, supporting initiatives that address the needs of less fortunate communities throughout South Dakota. In 2022, South Dakota Trust Association Inc sponsored scholarships by establishing a fund with the South Dakota Community Foundation.
Official website here: www.sdtrustassociation.org
Is South Dakota Trust Association Inc legitimate?
South Dakota Trust Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. South Dakota Trust Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.sdtrustassociation.org
What is the mission statement of South Dakota Trust Association Inc?
The South Dakota Trust Association Inc's mission revolves around promoting, educating, and supporting professionals and organizations involved in South Dakota's trust and estate planning industry. They aim to enhance the industry's growth and understanding among relevant professionals. The organization engages in legislative discussions to advocate for the trust industry's benefits and potential. Additionally, South Dakota Trust Association Inc supports philanthropic initiatives, aiming to meet the needs of less fortunate individuals across the state. They also conduct educational events, such as the Fall Forum, to provide continuing education on various topics, offering both in-person and virtual attendance options. Recently, they established a scholarship fund in collaboration with the South Dakota Community Foundation.
Official website here: www.sdtrustassociation.org
What is the revenue of South Dakota Trust Association Inc?
South Dakota Trust Association Inc's revenue in 2023 was $211,504.
Official website here: www.sdtrustassociation.org
Who are the executives of South Dakota Trust Association Inc and what are their salaries?
There 50 volunteers at South Dakota Trust Association Inc.
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Official website here: www.sdtrustassociation.org
Where can I find the form 990 for South Dakota Trust Association Inc?
South Dakota Trust Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sdtrustassociation.org
Learn more at the official website: www.sdtrustassociation.org
Mission Statement of South Dakota Trust Association Inc
South Dakota Trust Association Inc, as an organization, is committed to promoting, educating, and supporting professionals and organizations involved in South Dakota's trust and estate planning industry. Their mission is multifaceted, aiming to elevate the understanding and implementation of trust and estate planning within the state. The association achieves this by engaging in discussions with legislators, showcasing the potential of the trust industry to individuals considering a career in the field. Additionally, South Dakota Trust Association Inc extends its reach beyond professional development, demonstrating a commitment to philanthropy. It supports the needs of less fortunate individuals across the state by partnering with organizations such as the South Dakota Community Foundation. Furthermore, the association provides opportunities for continuing education through events like the Fall Forum, offering a broad range of topics for both in-person and virtual attendance. In 2022, the association also established a scholarship fund with the South Dakota Community Foundation, furthering its mission of supporting the industry and the community at large.
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Impact
October, 2024
South Dakota Trust Association Inc (SDTA) plays a vital role in enhancing the trust and estate planning industry within the state. By focusing on promotion, education, and support, SDTA facilitates the growth of professionals and organizations engaged in this essential sector.
Through initiatives like legislative events, the SDTA fosters dialogue between industry professionals and lawmakers, highlighting the benefits of the trust industry. This engagement helps raise awareness about career opportunities in the field, encouraging students in higher education to consider pursuing careers in trust and estate planning.
The association also emphasizes philanthropy, supporting the South Dakota Community Foundation to address the needs of underprivileged individuals throughout the state. This commitment to social responsibility strengthens the community by investing in projects that uplift those less fortunate.
Additionally, SDTA organizes educational forums, providing continuing education to its members on a variety of topics relevant to their practice. These events, available both in-person and virtually, ensure that professionals are well-equipped with the latest knowledge and skills in the rapidly evolving landscape of trust and estate planning.
With initiatives like scholarship funding, SDTA is not only investing in the current professionals but also nurturing the next generation of leaders in the field, thereby positively impacting the state's economic and social fabric.
This information is meant to be a general summary of South Dakota Trust Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,755
- Program Service Revenue: $190,449
- Gross Receipts: $211,504
Assets and Liabilities:
- Total Assets: $256,000
- Total Liabilities: $0
- Net Assets: $256,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GENERAL MEMBERSHIP
Revenue
$190,449
Organization Details
Founding Year
2014
Principal Officer
Mary Schaefbauer
Website
www.sdtrustassociation.orgNTEE Category
Code: S40 - Community improvement
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