PIERRE, SD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PIERRE ECONOMIC DEVELOPMENT CORPORATION, founded in 1983, is a small nonprofit that reported $808K in total revenue in fiscal year 2024. Revenue surged 151% from the prior year, signaling strong growth momentum. The organization ran a surplus of $339K, a strong 42% operating margin.
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.
CORP IS PAID THROUGH RENTAL AGREEMENTS IN ORDER TO FULFILL ITS MISSION FOR THE PROMOTION OF THE PIERRE COMMUNITY BY EXPANSION OF PRESENT FACILITIES OR PROMOTING NEW FACILITIES TO ATTRACT NEW...
CORP IS PAID THROUGH RENTAL AGREEMENTS IN ORDER TO FULFILL ITS MISSION FOR THE PROMOTION OF THE PIERRE COMMUNITY BY EXPANSION OF PRESENT FACILITIES OR PROMOTING NEW FACILITIES TO ATTRACT NEW BUSINESSES AND CONVENTIONS TO THE AREA. THIS INVOLVES THE BUILDING OF NEW FACILITIES IN THE AREA TO ACCOMMODATE THE NEW OR EXPANDING BUSINESSES THAT NEED A PLACE TO OPERATE. THE CORP USES RENTAL INCOME TO PAY OFF THE DEBT THAT WAS INCURRED TO BUILD NEW FACILITIES AND TO IMPROVE OLD BUSINESSES TO ATTRACT BUSINESS GROWTH IN PIERRE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $808,313 | $322,634 | +1.5% |
| Expenses | $469,466 | $285,243 | +0.6% |
| Net Income | $338,847 | $37,391 | +8.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JIM PROTEXTER | CHIEF OPERATING OFFICER | 40.00 |
Key Emp
|
$121,103 | $0 | $121,103 |
| MARY LEHECKA-NELSON | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIM EASLAND | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DUSTIN CHRISTOPHERSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUG ABRAHAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACH CLARK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSH LARSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAWN MORRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDY HUBBART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GAYLON GERBER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TINA VANCAMP | DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOBBIE COUNTRY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GORDON WOODS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $808,313 | $469,466 | $1,676,251 | $338,847 |
| 2023 | $322,634 | $285,243 | $1,375,038 | $37,391 |
| 2022 | $303,470 | $293,911 | $2,133,370 | $9,559 |
| 2021 | $247,804 | $241,578 | $2,208,159 | $6,226 |
| 2020 | $330,620 | $259,696 | $2,274,388 | $70,924 |
| 2019 | $329,727 | $238,826 | $2,288,130 | $90,901 |
| 2018 | $453,590 | $264,435 | $2,491,381 | $189,155 |
Compare PIERRE ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in South Dakota and across the country.