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Filing year 2024

PIERRE ECONOMIC DEVELOPMENT CORPORATION

Pierre, South Dakota·EIN 46-0371993·501(c)(6)
Total revenue
$808k
Total assets
$1.7M
Total expenses
$469k
Reported officers
13
Mission

ORGANIZATION WAS DEVELOPED TO PROMOTE NEW BUSINESSES IN THE AREA BY HOLDING DEVELOPED LOTS FOR RENT AND TO ASSIST BUSINESSES IN OBTAINING LOANS TO BEGIN OR CONTINUE OPERATIONS.

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.

Chief Operating Officer
25th percentile to median
$121k
$130k

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 12 unpaid individuals.

Up 5%
from 2023

From $116k in 2023 to $121k in 2024.

$116k
2023
$121k
2024
In today's dollarsEst.
Up 2% in real terms$128k to $130k

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 Operating Officer pay rose 5% from 2023 to 2024, while revenue rose 151%.

$116k in 2023 to $121k 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

PIERRE ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$323k
$285k
2023
$808k
$469k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PIERRE ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Operating Officer of PIERRE ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Chief Operating Officer of PIERRE ECONOMIC DEVELOPMENT CORPORATION received $121,103 in total compensation. This pay is below the median (the midpoint) for Chief Operating Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at PIERRE ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Operating Officer at PIERRE ECONOMIC DEVELOPMENT CORPORATION falls between the 25th percentile and the median.

What are PIERRE ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, PIERRE ECONOMIC DEVELOPMENT CORPORATION reported $808k in total revenue and $469k in total expenses on its IRS Form 990.

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