Pierre Economic Development Corporation

Public charity · Grantmaker Pierre, SD EIN: 46-0371993

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.

Key facts about Pierre Economic Development Corporation

In short: Pierre Economic Development Corporation reported $3K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
46-0371993
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$2,666 — reported as a total on the IRS filing, without an itemized list
Total assets
$1,824,869

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.8M

+8.9% YoY

Grants Paid (reported total)

$3K

-98.8% YoY

Revenue

$309K

-61.8% YoY

Net Investment Income

$-597

-103.5% YoY

About Pierre Economic Development Corporation

Based on IRS filings

Pierre Economic Development Corporation is a public charity, based in Pierre, SD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it reported $3K in grants paid as a total on its IRS filing, without an itemized list.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Pierre

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants20200 grants20211 grants2022Total only20233 grants2024Total only2025

From 2022 to 2025, annual grant giving ranged from $3K (2025) to $225K (2024). In 2025 it reported $3K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

2<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M202020212022202320242025
Metric202520242023
Total Assets$1,824,869$1,676,251$1,375,038
Revenue$308,611$808,313$322,634
Expenses$226,300$469,466$285,243
Net Investment Income$-597$17,280$35,976

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS September 13, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS September 17, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS July 24, 2026)

Leadership & Key People

Officers and directors from IRS filings

Pierre Economic Development Corporation is led by Mary Lehecka-Nelson, Chair since 2024 (on filings since 2022); 1 of 13 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Mary Lehecka-Nelson

    Chair

    Director → Chair, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Dawn Morris

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Doug Abraham

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gordon Woods

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Zach Clark

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bobbie Country

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Gaylon Gerber

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Josh Larson

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Tina Vancamp

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jim Protexter

    Chief Operating Officer

    On filings since 2020

    40 hrs/week

    $99K (2020) → $124K (2025)

  • Andy Hubbart

    Past Chair

    Chair → Director, 2024

    Director → Past Chair, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kim Easland

    Secretary

    Treasurer → Secretary, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dustin Christopherson

    Treasurer

    Director → Treasurer, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Ron Wagner (2020–2023) — Director
  • Former: Karl Richards (2020–2022) — Director
  • Former: Rick Dockter (2020–2022) — Director
  • Former: Damon Wheelhouse (2020–2021) — Secretary
  • Former: Kim Olson (2020–2021) — Director
  • Former: Mark Anderson (2020) — Secretary
  • Former: Prakash Saripalli (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jim Protexter — Chief Operating Officer: $124KJim ProtexterChief Operating Officer$124K

The highest reported compensation on the 2025 filing was $124K, to Jim Protexter (Chief Operating Officer).

Frequently asked questions about Pierre Economic Development Corporation

How much does Pierre Economic Development Corporation give each year?

Pierre Economic Development Corporation reported $3K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $225K across 3 grants.

How large is Pierre Economic Development Corporation?

Pierre Economic Development Corporation reported $1.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $309K.

Where does Pierre Economic Development Corporation operate?

Pierre Economic Development Corporation has awarded grants in South Dakota.

What is Pierre Economic Development Corporation's EIN?

Pierre Economic Development Corporation's EIN (Employer Identification Number) is 46-0371993. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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