Mission
TO ASSIST AND FURTHER THE ECONOMIC DEVELOPMENT OF SALEM, SD AND ITS ENVIRONS, AND TO PROMOTE AND ASSIST IN THE GROWTH AND DEVELOPMENT OF SMALL BUSIENSSES IN THE AREA.
Public Charity
SALEM ECONOMIC DEVELOPMENT CORPORATION
SALEM ECONOMIC DEVELOPMENT CORPORATION, of SALEM, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $358K in revenue, $14K in expenses, $1.5M in total assets.
EIN: 372045526
SALEM, SD
Rural Economic Development
NTEE: S32
Latest filing: 2025
Total Revenue$358K
Total Expenses$14K
Total Assets$1.5M
Grant Records0
Filing Years2022–2025
Officers & Directors
DIRECTOR
Brad Kranz
DIRECTOR
Carla Snyders
DIRECTOR
Debra Cheeseman
PRESIDENT
Jeremy Grady
DIRECTOR
Keith Paulson
TREASURER/SE
Logan Roth
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $358K | $14K | $1.5M |
| 2024 | $272K | $239K | $837K |
| 2023 | $145K | $139K | $811K |
| 2022 | $285K | $1K | $799K |
Between 2022 and 2025, reported annual revenue grew from $285K to $358K (+26%), with total assets most recently reported at $1.5M.
Interactive year-over-year charts and full filing details available with membership.