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Filing year 2024

WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT

Sturgis, South Dakota·EIN 46-0457322·NTEE S30 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$4.7M
Total assets
$17.7M
Total expenses
$1.7M
Reported officers
6
Mission

TO RECRUIT BUSINESSES FROM OTHER STATES AND TO EXPAND IN-STATE BUSINESS INCLUDING ADMINISTERING AN ECONOMIC DEVELOPMENT AND RELENDING PROGRAM.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Executive Director
25th percentile to median
$51k
$54k
President
Below 10th percentile
$4k
$4k
Vice President
10th to 25th percentile
$4k
$4k
Treasurer
Officer (Unspecified)
$4k
$4k
Secretary
Officer (Unspecified)
$4k
$4k
Director
Board Member
10th to 25th percentile
$4k
$4k

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.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
3%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Held roughly steady
over 2 years

From $50k in 2022 to $51k in 2024.

$50k
2022
$45k
2023
$51k
2024
In today's dollarsEst.
Down 4% in real terms$57k to $54k

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 2% from 2022 to 2024, while revenue rose 326%.

$50k in 2022 to $51k in 2024.
  • Vice President pay held roughly steady from 2022 to 2024.
  • Board Member pay held roughly steady from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT

What does the Chief Executive Officer of WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT earn?

In 2024, the Chief Executive Officer of WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT received $50,600 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT falls between the 25th percentile and the median. In 2024, the highest total compensation at WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT's revenue and expenses?

In 2024, WEST RIVER FOUNDATION FOR ECONOMIC AND COMMUNITY DEVELOPMENT reported $4.7M in total revenue and $1.7M in total expenses on its IRS Form 990.

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