NonprofitsRural Electric Economic Development Inc

Community Improvement & Capacity Building

Rural Electric Economic Development Inc

MADISON, SD

Total revenue

$6.3M

Total expenses

$900K

Net assets

$38.8M

Grants received

$4.4M

4 grants

EIN

460445496

Tax year

2024

Mission

Administration of a rural economic development loan program to stimulate economic growth.

Financials

FY 2024

Revenue

Contributions & grants$4.6M
Program service revenue$1.6M
Investment income$98K
Other revenue
Total revenue$6.3M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$900K
Total expenses$900K
Total assets$54.4M
Net assets$38.8M

People

28 listed

NameRoleCompensation

RUSSELL GALL

CHAIRPERSON

Board

1 hrs/wk

JENNIFER STRYHN

VICE CHAIR

Board

1 hrs/wk

EVAN BUCKMILLER

SECRETARY

Board

1 hrs/wk

CHRIS STUDER

TREASURER

Board

1 hrs/wk

CHAD FELDERMAN

DIRECTOR

Board

1 hrs/wk

TIM MCINTYRE

DIRECTOR (END SEP)

Board

1 hrs/wk

JEREMY LINDEMAN

DIRECTOR (BEG SEP)

Board

1 hrs/wk

MATTHEW HOTZLER

DIRECTOR

Board

1 hrs/wk

STEPHANIE HORST

DIRECTOR

Board

1 hrs/wk

CHRIS LARSON

DIRECTOR

Board

1 hrs/wk

SCOTT MOORE

DIRECTOR

Board

1 hrs/wk

TIM O'LEARY

DIRECTOR

Board

1 hrs/wk

JORDAN LAMB

DIRECTOR

Board

1 hrs/wk

CHAD KINSLEY

DIRECTOR

Board

1 hrs/wk

DEEANNE NORRIS

DIRECTOR

Board

1 hrs/wk

JEREMY HUHNSTOCK

DIRECTOR

Board

1 hrs/wk

MATT KLEIN

DIRECTOR

Board

1 hrs/wk

CHAR HAGER

DIRECTOR

Board

1 hrs/wk

DAVE EIDIE

DIRECTOR

Board

1 hrs/wk

TIM MCCARTHY

DIRECTOR

Board

1 hrs/wk

KEN SCHLIMGEN

DIRECTOR

Board

1 hrs/wk

DICK JOHNSON

DIRECTOR

Board

1 hrs/wk

JAY SPAANS

DIRECTOR

Board

1 hrs/wk

DAVE PAGE

DIRECTOR

Board

1 hrs/wk

RON HORMAN

DIRECTOR

Board

1 hrs/wk

JEFF BIRKELAND

DIRECTOR

Board

1 hrs/wk

LUKE JOHNSON

DIRECTOR

Board

1 hrs/wk

MIKE JASPERS

ADMINISTRATOR

Board

10 hrs/wk

Independent contractors

EAST RIVER ELECTRIC POWER COOPERATIVE

ADMINISTRATIVE SERVICES

$613K

Grants received

Showing 4 of 4

FromAmountPurposeYear
$4M
General support for programs, operations and other charitable purposes
2023
$75K
CF RELENDING
2021
$232K
UPLIFT AMERICA FUND
2020
$136K
UPLIFT AMERICA UNRESTRICTED NET ASSETS
2020

Funded by

$4.4M from 4 funders · 4 grants · 2020–2023

The Chicago Community Trust

$4M · 1 grant · 2023

Mary Reynolds Babcock Foundation

$232K · 1 grant · 2020

Northwest Area Foundation

$136K · 1 grant · 2020

Opportunity Finance Network

$75K · 1 grant · 2021

Details

EIN460445496
NTEE codeS32
Subsection03
Ruling date1998-12
Formed1997
Employees0
Volunteers26
RURAL ELECTRIC ECONOMIC DEVELOPMENT INC — Mission, Financials & Grants Received | Grantivo