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Filing year 2024

Brookings Economic Development Corporation

Brookings, South Dakota·EIN 46-0440746·501(c)(6)
Total revenue
$862k
Total assets
$6M
Total expenses
$1.2M
Reported officers
17
Mission

Dedicated to serve the Brookings Area by enhancing the economic well-being of the City of Brookings and its surrounding areas and to improve its quality of life and prosperity.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Median to 75th percentile
$105k
$113k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Up 1%
from 2023

From $104k in 2023 to $105k in 2024.

$104k
2023
$105k
2024
In today's dollarsEst.
Down 1% in real terms$115k to $113k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 11%.

$104k in 2023 to $105k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Brookings Economic Development Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$778k
$961k
2023
$862k
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Brookings Economic Development Corporation

What does the Chief Executive Officer of Brookings Economic Development Corporation earn?

In 2024, the Chief Executive Officer of Brookings Economic Development Corporation received $105,102 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Brookings Economic Development Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Brookings Economic Development Corporation falls between the median and the 75th percentile.

What are Brookings Economic Development Corporation's revenue and expenses?

In 2024, Brookings Economic Development Corporation reported $862k in total revenue and $1.2M in total expenses on its IRS Form 990.

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