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Filing year 2023

WATERTOWN DEVELOPMENT COMPANY

Watertown, South Dakota·EIN 46-6012194·501(c)(6)
Total revenue
$3.7M
Total assets
$30.6M
Total expenses
$4.1M
Reported officers
15
Mission

ECONOMIC DEVELOPMENT IN THE WATERTOWN, SOUTH DAKOTA AREA.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Di
Median to 75th percentile
$106k
$117k

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 14 unpaid individuals.

Down 27%
from 2022

From $146k in 2022 to $106k in 2023.

$146k
2022
$106k
2023
In today's dollarsEst.
Down 30% in real terms$167k to $117k

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.

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

Revenue and expenses over time

WATERTOWN DEVELOPMENT COMPANY reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$2.4M
2022
$3.7M
$4.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WATERTOWN DEVELOPMENT COMPANY

What does the Chief Executive Officer of WATERTOWN DEVELOPMENT COMPANY earn?

In 2023, the Chief Executive Officer of WATERTOWN DEVELOPMENT COMPANY received $105,840 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 WATERTOWN DEVELOPMENT COMPANY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at WATERTOWN DEVELOPMENT COMPANY falls between the median and the 75th percentile.

What are WATERTOWN DEVELOPMENT COMPANY's revenue and expenses?

In 2023, WATERTOWN DEVELOPMENT COMPANY reported $3.7M in total revenue and $4.1M in total expenses on its IRS Form 990.

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