Pioneer Equipment Dealers Association

EIN: 450173187

Fargo, ND

Total Revenue
$1,212,551
Total Expenses
$494,253
Total Assets
$12,961,742
Net Assets
$12,881,801
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1899
Legal Domicile
ND
Principal Officer
Matthew Larsgaard
Phone
7012936822
Tax Period
2023-07-01 to 2024-06-30

Pioneer Equipment Dealers Association, founded in 1899, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $718K, a strong 59% operating margin.

Mission

Our mission is to promote the general welfare of our dealer members by providing a timely source of industry information, representing dealer interests in government regulation and legislation, enhancing dealer and employee education, supporting equitable dealer/manufacturer relations and offering specific business-related services which enhance the profitability of dealer members.

Program Service Accomplishments

Program 1

A convention is held annually for members and associate members. The convention provides members and their employees with training and education on a range of industry-related topics. There were 357...

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A convention is held annually for members and associate members. The convention provides members and their employees with training and education on a range of industry-related topics. There were 357 individuals in attendance in the fall of '23.

Program 2

Scholarship program awards for eligible students. In the fiscal year ending June 30, 2024 a total of 36 scholarships were awarded.

Program 3

The Leadership Education Seminar is an opportunity for members to send managers and key employees to learn about current leadership and hiring practices focusing on high performance. There were 37...

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The Leadership Education Seminar is an opportunity for members to send managers and key employees to learn about current leadership and hiring practices focusing on high performance. There were 37 attendees in the winter of '24.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $542,839
Investment Income $669,712
Other Revenue $0
TOTAL REVENUE $1,212,551

Expense Breakdown

Grants Paid $54,358
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $439,895
TOTAL EXPENSES $494,253

Year-over-Year Comparison

2023 2022 Change
Revenue $1,212,551 $1,715,371 -0.3%
Expenses $494,253 $354,214 +0.4%
Net Income $718,298 $1,361,157 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Anfinson Director 1.00
Director
$0 $0 $0
Jamie Melgaard Director 1.00
Director
$0 $0 $0
Tom Schuneman Director 1.00
Director
$0 $0 $0
Twylah Blotsky Director 1.00
Director
$0 $0 $0
Corey Marzolf Director 1.00
Director
$0 $0 $0
Chris Cooper Director 1.00
Director
$0 $0 $0
Kevin Roy Director 1.00
Director
$0 $0 $0
Bob Shanks Director 1.00
Director
$0 $0 $0
John Swenseth Director 1.00
Director
$0 $0 $0
Chris Scott Director 1.00
Director
$0 $0 $0
Mike Scharber Director 1.00
Director
$0 $0 $0
Charlie Grossenburg Director 1.00
Director
$0 $0 $0
BJ Knutson Immediate Past-Chairperson 1.00
Officer Director
$0 $0 $0
Jacob Willenbring Vice-Chairperson 1.00
Officer Director
$0 $0 $0
Jason Ruggles Chairperson 1.00
Officer Director
$0 $0 $0
Matthew Larsgaard President/CEO 14.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,212,551 $494,253 $12,961,742 $718,298
2023 $1,715,371 $354,214 $10,909,578 $1,361,157
2022 $1,100,958 $297,728 $9,455,836 $803,230
2021 $1,190,888 $182,148 $10,314,854 $1,008,740
2020 $573,189 $268,933 $7,974,603 $304,256
2019 $841,161 $197,135 $7,279,132 $644,026
2018 $409,679 $138,327 $5,907,725 $271,352
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