PIERRE AREA CHAMBER OF COMMERCE

EIN: 460177425

PIERRE, SD

Total Revenue
$486,530
Total Expenses
$509,942
Total Assets
$594,363
Net Assets
$155,199
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
SD
Principal Officer
MARCY ANDERSON
Phone
6052247361
Tax Period
2024-01-01 to 2024-12-31

PIERRE AREA CHAMBER OF COMMERCE, founded in 1960, is a small nonprofit that reported $487K in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE INTEREST OF LOCAL AND REGIONAL INDIVIDUALS, BUSINESSES AND ORGANIZATION OF MEMBERS. OUR COMMITMENT IS TO PROVIDE QUALITY SERVICES AND REPRESENTATION IN THE AREAS OF GOVERNMENT, HEALTH, AGRICULTURE, EDUCATION AND CULTURE TO ENHANCE OUR PRESENCE IN SD.

Program Service Accomplishments

Program 1

TO PROMOTE THE INTEREST OF LOCAL AND REGIONAL INDIVIDUALS, BUSINESSES AND ORGANIZATION OF MEMBERS. OUR COMMITMENT IS TO PROVIDE QUALITY SERVICES AND REPRESENTATION IN THE AREAS OF GOVERNMENT, HEALTH...

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TO PROMOTE THE INTEREST OF LOCAL AND REGIONAL INDIVIDUALS, BUSINESSES AND ORGANIZATION OF MEMBERS. OUR COMMITMENT IS TO PROVIDE QUALITY SERVICES AND REPRESENTATION IN THE AREAS OF GOVERNMENT, HEALTH, AGRICULTURE, EDUCATION AND CULTURE TO ENHANCE OUR PRESENCE IN SD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $360,064
Program Service Revenue $34,146
Investment Income $5,620
Other Revenue $86,700
TOTAL REVENUE $486,530

Expense Breakdown

Grants Paid $0
Salaries & Benefits $322,571
Fundraising Expenses $0
Other Expenses $186,235
TOTAL EXPENSES $509,942

Year-over-Year Comparison

2024 2023 Change
Revenue $486,530 $480,939 +0.0%
Expenses $509,942 $507,298 +0.0%
Net Income $-23,412 $-26,359 -0.1%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
5
Volunteers
N/A

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
5
$0
Total Directors
15
$0
Key Employees
1
$66,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARCY ANDERSON EXECUTIVE DIRECTOR 40.00
Key Emp
$66,000 $0 $66,000
SCOTT NEU PRESIDENT 1.00
Officer Director
$0 $0 $0
JESSICA MEFFORD PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBY BASS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOEL PETERSON TREASURER 1.00
Officer Director
$0 $0 $0
MARY DUVALL SECRETARY 1.00
Officer Director
$0 $0 $0
KELLIE YACKLEY DIRECTOR 1.00
Director
$0 $0 $0
BRYAN BOOCOCK DIRECTOR 1.00
Director
$0 $0 $0
SHAY JOLLEY DIRECTOR 1.00
Director
$0 $0 $0
JOHN MORRIS DIRECTOR 1.00
Director
$0 $0 $0
JILL JANECKE DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS TIMMONS DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN WEBB DIRECTOR 1.00
Director
$0 $0 $0
JODIE ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
CURT UNDERHILL DIRECTOR 1.00
Director
$0 $0 $0
TYLER SHOCKLEY DIRECTOR 1.00
Director
$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
2024 $486,530 $509,942 $594,363 $-23,412
2023 $480,939 $507,298 $490,419 $-26,359
2022 $438,365 $477,665 $622,895 $-39,300
2021 $544,566 $510,904 $475,141 $33,662
2020 $561,885 $502,370 $433,590 $59,515
2019 $481,177 $504,940 $184,184 $-23,763
2018 $517,553 $488,811 $228,786 $28,742
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