PREFERRED PROPERTIES, INC. is a South Dakota corporation, registered on June 17, 2002. It is based at 913 9th Ave SE, WATERTOWN, SD, 57201-4414. The company is currently listed as active on the South Dakota register, is registered under company number DB045578 and carries EIN 611589002. Public records for the company include 1 SoS registration, 7 federal contracts, 5 loan records, 2 USDOT records, 2 non-profit filings and 18 Form 5500 filings. Every fact here is republished from an official public register and traces back to a primary source document.
| Legal entity name | PREFERRED PROPERTIES, INC. |
|---|---|
| Doing business as | PPI |
| Principal address | 913 9th Ave SEWATERTOWN57201-4414SDUnited States1725 MEADOWVIEW ROAD, EAGAN, MN, 55121 |
| Mailing address | PO Box 1120, WATERTOWN, SD, 57201-4414 |
| Registration state | South Dakota |
| Status | Active |
| Registered | 17 June 2002 (about 24 years ago) |
| Shareholders | RICK WALD, owner |
| Entity type | Corporation |
| Standing | compliant |
| Company number | DB045578 |
| EIN |
| 611589002 |
| USDOT carrier | USDOT 1320664 · 2 power units · 8 drivers · Intrastate |
|---|
| Registered agent | GREGORY HOFTIEZER |
|---|
| Source registry | South Dakota Secretary of State · updated 15 June 2026 |
|---|
| Public records | 1 SoS registration |
|---|
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| Nonprofit | Yes · 1 IRS filing |
|---|---|
| IRS exempt status | 501(c)(3) · ruled March 1993 · contributions deductible |
| NTEE category | S20Z · Community improvement |
| Revenue (IRS) | $1,175,700 · tax year 2024 |
| Assets (IRS) | $7,685,101 · tax year 2024 |
| Form 990 filings | 1 return · latest 990 (2018) |
| Federal contractor | Yes · 7 federal recipient records (SAM) |
| SBA loans | $2M · approved amounts |
| State | Business name | Filed | Registered agent | Officers | Status | |
|---|---|---|---|---|---|---|
| South DakotaTHIS | PREFERRED PROPERTIES, INC. | 2002-06-17 | GREGORY HOFTIEZER | — | Active | |
Filing ID DB045578 Jurisdiction Domestic · Corporation Principal address 913 9th Ave SE, WATERTOWN, SD, 57201-4414 Registered agent GREGORY HOFTIEZER734 GRANT CIRCLE, WATERTOWN, SD, 57201 Officers Not reported | ||||||
Companies and people linked to PREFERRED PROPERTIES, INC. in the state registers through shared officers, a shared registered agent, shared filing contacts or a shared address. Service companies file for many unrelated businesses — a shared agent, address or contact alone does not prove affiliation.
company person group former role
Browse the indexed registries by state, or look up any debtor name free, at UCC lien search.
| State | License / ID | Type | Issued | Status | |
|---|---|---|---|---|---|
| Minnesota | 1320664 | Intrastate carrier | — | Active | |
| Minnesota | 1320664 | Carrier authority (USDOT) | — | Active | |
| Amount | Approved | Lender | Jobs | Status | |
|---|---|---|---|---|---|
| $150,234 | 07/31/2020 | The Croghan Colonial Bank | 11 | Paid in Full | |
| $143,700 | 05/13/2021 | West Central Development Corporation | 10 | Paid in Full | |
| $45,100 | 04/29/2020 | BayFirst National Bank | 7 | Paid in Full | |
| $3,997 | 04/15/2020 | First National Bank of Pennsylvania | 8 | Paid in Full | |
| $1,644,200 | 04/09/2020 | Old National Bank | 75 | Paid in Full | |
| Plan | Plan year | Participants | EIN | |
|---|---|---|---|---|
| PREFERRED PROPERTIES, INC. 401(K) RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES, INC. 401(K) RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES, INC. 401(K) RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES, INC. 401(K) RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES, INC. 401(K) RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES, INC. 401(K) RETIREMENT PLAN | — | — | — | |
| PREFERRED PROPERTIES RETIREMENT PLAN | — | — | — | |
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Companies adjacent to PREFERRED PROPERTIES, INC. in the South Dakota Secretary of State register, in alphabetical order.
Netstate aggregates public records from federal, state and municipal sources; records are matched to this company by its registered legal names. Latest source snapshot 2026-06-16. Document getpalm-companies/0553-7445-8986.