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NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION
NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION
SD · Community Development · EIN 460350177
7
Executives Disclosed
$1.8M
Annual Revenue
$33.0M
Total Assets
1.1:1
Internal Pay Ratio
NORTHEAST SOUTH DAKOTA ECONOMIC CORPORATION has 7 executives with disclosed compensation. The highest-paid executive, Marcia Erickson (CHIEF EXECUT), received peak total compensation of $212,298. The sector average for Community Development executives is $172K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Marcia Erickson | CHIEF EXECUT | $212K | $212K | 2016–2025 | 2.8x |
| Lori Finnesand | CHIEF EXECUT | $197K | $197K | 2016–2025 | 2.6x |
| Kimberly Lorensberg | CHIEF DEVELO | $154K | $154K | 2016–2024 | 2x |
| Lori Moen | CHIEF OPERAT | $136K | $0 | 2023–2023 | 1.8x |
| Kimberly Lorensberg-To 063022 | CHIEF FINANC | $135K | $0 | 2022–2022 | 1.8x |
| Kathryn Rasmus | CHIEF FINANC | $132K | $0 | 2023–2025 | 1.8x |
| Kathryn Rasmus-As Of 070122 | CHIEF FINANC | $83K | $0 | 2022–2022 | 1.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 3 | $0 | $0 | $0 |
| 2017 | 3 | $0 | $0 | $0 |
| 2018 | 3 | $0 | $0 | $0 |
| 2019 | 3 | $0 | $0 | $0 |
| 2020 | 3 | $153K | $153K | $153K |
| 2021 | 3 | $158K | $158K | $158K |
| 2022 | 4 | $164K | $165K | $328K |
| 2023 | 5 | $172K | $178K | $344K |
| 2024 | 4 | $178K | $198K | $534K |
| 2025 | 3 | $205K | $212K | $410K |
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