Mission
TO PROVIDE FINANCING AND LEVERAGE INVESTMENTS IN COMMUNITIES IN RURAL AREAS TO MAKE A DIFFERENCE IN THE REGION.
Public Charity
RURAL ELECTRIC ECONOMIC DEVELOPMENT INC
RURAL ELECTRIC ECONOMIC DEVELOPMENT INC, of MADISON, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.3M in revenue, $900K in expenses, $54.4M in total assets. 2 publicly reported grants to this organization, totaling roughly $4.1M, appear in IRS filings.
EIN: 460445496
MADISON, SD
Latest filing: 2024
Total Revenue$6.3M
Total Expenses$900K
Total Assets$54.4M
Grant Records2
Funding Total$4.1M
Filing Years2019–2024
Sample Grants Received
General support for programs, operations and other charitable purposes
$4,000,000
CF RELENDING
$75,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
DIRECTOR
Chad Felderman
DIRECTOR
Chad Kinsley
DIRECTOR
Char Hager
DIRECTOR
Chris Larson
TREASURER
Chris Studer
DIRECTOR
Dave Eidie
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.3M | $900K | $54.4M |
| 2023 | $2.3M | $867K | $48.9M |
| 2022 | $2.4M | $832K | $46.7M |
| 2020 | $3.8M | $1.3M | $43.6M |
| 2019 | $2.4M | $1.1M | $42.2M |
Between 2019 and 2024, reported annual revenue grew from $2.4M to $6.3M (+169%), with total assets most recently reported at $54.4M.
Interactive year-over-year charts and full filing details available with membership.