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Nonprofit · EIN 46-0371993

PIERRE ECONOMIC DEVELOPMENT

Tax-exempt · PIERRE, SD 57501

Financials

$323K$285K2023$808K$469K2024$309K$226K2025
Revenue Expenses · by fiscal year end
Financials of PIERRE ECONOMIC DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$308,611$226,300$82,311$1,824,869$107,872$1,716,997
December 31, 2024990$808,313$469,466$338,847$1,676,251$41,565$1,634,686
December 31, 2023990$322,634$285,243$37,391$1,375,038$141,420$1,233,618
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$278,495
of which government grants
$238,925
Membership dues
$29,098
Program service revenue
$6,672
Investment income
-$597
Net rental income
$21,917
Net gain from sales of assets
-$11,140
Other revenue
$24,041

Expenses

Grants and similar amounts paid
$7,916
Compensation of officers, directors and key employees
$128,208
Salaries, compensation and benefits (total)
$141,510
Professional fundraising fees
$0
Legal fees
$690
Accounting fees
$14,597
Occupancy
$2,384
Travel
$2,626
Depreciation
$257

Balance sheet and other

Total assets, start of year
$1,676,251
Total assets, end of year
$1,824,869
Total liabilities, end of year
$107,872
Net assets, end of year
$1,716,997
Land, buildings and equipment
$3,231
Net assets without donor restrictions
$1,716,997
Gross receipts
$360,495
Employees
1
Volunteers
0
Year formed
1983
State of legal domicile
SD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JIM PROTEXTERCHIEF OPERATING OFFICER
Key employee
40$124,425
MARY LEHECKA-NELSONCHAIR
Trustee or director, Officer
1$0
KIM EASLANDSECRETARY
Trustee or director, Officer
1$0
DUSTIN CHRISTOPHERSONTREASURER
Trustee or director, Officer
1$0
DOUG ABRAHAMDIRECTOR
Trustee or director
1$0
ZACH CLARKDIRECTOR
Trustee or director
1$0
JOSH LARSONDIRECTOR
Trustee or director
1$0
DAWN MORRISDIRECTOR
Trustee or director
1$0
ANDY HUBBARTPAST CHAIR
Trustee or director, Officer
1$0
GAYLON GERBERDIRECTOR
Trustee or director
1$0
TINA VANCAMPDIRECTOR
Trustee or director
1$0
BOBBIE COUNTRYDIRECTOR
Trustee or director
1$0
GORDON WOODSDIRECTOR
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
JIM PROTEXTERCHIEF OPERATING OFFICER
Key employee
40$121,103
MARY LEHECKA-NELSONCHAIR
Trustee or director, Officer
1$0
KIM EASLANDSECRETARY
Trustee or director, Officer
1$0
DUSTIN CHRISTOPHERSONTREASURER
Trustee or director, Officer
1$0
DOUG ABRAHAMDIRECTOR
Trustee or director
1$0
ZACH CLARKDIRECTOR
Trustee or director
1$0
JOSH LARSONDIRECTOR
Trustee or director
1$0
DAWN MORRISDIRECTOR
Trustee or director
1$0
ANDY HUBBARTDIRECTOR
Trustee or director
1$0
GAYLON GERBERDIRECTOR
Trustee or director
1$0
TINA VANCAMPDIRECTOR
Trustee or director, Officer
1$0
BOBBIE COUNTRYDIRECTOR
Trustee or director
1$0
GORDON WOODSDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
JIM PROTEXTERCHIEF OPERATING OFFICER
Key employee
40$115,745
ANDY HUBBARTCHAIR
Trustee or director, Officer
1$0
KIM EASLANDSECRETARY
Trustee or director, Officer
1$0
DUSTIN CHRISTOPHERSONTREASURER
Trustee or director, Officer
1$0
DOUG ABRAHAMDIRECTOR
Trustee or director
1$0
ZACH CLARKDIRECTOR
Trustee or director
1$0
JOSH LARSONDIRECTOR
Trustee or director
1$0
DAWN MORRISDIRECTOR
Trustee or director
1$0
MARY LEHECKA-NELSONDIRECTOR
Trustee or director
1$0
GAYLON GERBERDIRECTOR
Trustee or director
1$0
RON WAGNERDIRECTOR
Trustee or director, Officer
1$0
BOBBIE COUNTRYDIRECTOR
Trustee or director
1$0
GORDON WOODSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 548, PIERRE, SD 57501-0548
Principal officer (990 for 2025)
JIM PROTEXTER, PO BOX 548, Pierre, SD 57501
Signed the 990
JIM PROTEXTER, EXEC DIRECTOR
Phone
(605) 224-6610
Return prepared by
Anderson Nill & Associates Inc

Mission

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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0371993
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,824,869
Income (IRS master file)
$360,495

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$308,611$226,300$1,824,869XML
990December 2024$808,313$469,466$1,676,251XML
990December 2023$322,634$285,243$1,375,038XML
990December 2022$303,470$293,911$2,133,370IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-0371993).

Questions about PIERRE ECONOMIC DEVELOPMENT

What is the EIN of PIERRE ECONOMIC DEVELOPMENT?
The employer identification number (EIN) of PIERRE ECONOMIC DEVELOPMENT is 46-0371993.
Is PIERRE ECONOMIC DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6).
Which annual return does PIERRE ECONOMIC DEVELOPMENT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PIERRE ECONOMIC DEVELOPMENT due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PIERRE ECONOMIC DEVELOPMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PIERRE ECONOMIC DEVELOPMENT?
The 990 for the year ended December 31, 2025 names JIM PROTEXTER.
Who are the officers and directors of PIERRE ECONOMIC DEVELOPMENT?
The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $124,425 (JIM PROTEXTER, CHIEF OPERATING OFFICER).
How much revenue does PIERRE ECONOMIC DEVELOPMENT have?
On its 990 for the year ended December 31, 2025 it reported revenue of $308,611, expenses of $226,300 and total assets of $1,824,869 at year end.

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