RURAL ELECTRIC ECONOMIC DEVELOPMENT INC REEDCO INC
MADISON,
South Dakota,
57042
EIN: 46-0445496
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
PO BOX 227
57042
COUNTY
lake county, SD
IN CARE OF NAME
LINDA SALMONSON
ORGANIZATIONAL OVERVIEW & RANKINGS
RURAL ELECTRIC ECONOMIC DEVELOPMENT INC REEDCO INC is a based in MADISON, SD, focused on Community Improvement, Capacity Building causes , specifically Rural Development. Established in December 1998, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $46,728,426.00, this ranks 19,103 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 78 out of 10,289 organizations in SD (Top 1%).
In lake county, SD, the organization ranks 4 out of 148 nonprofits by assets (Top 2%), while locally in madison, it stands at 4 among 107 organizations (Top 2%).
The organization reported annual revenue of $2,362,102.00, ranking 77,036 nationally (Top 3%) and 305 in SD (Top 3%).
Within its specific NTEE classification (S32 - S: Community Improvement, Capacity Building), which includes 712 similar organizations, RURAL ELECTRIC ECONOMIC DEVELOPMENT INC REEDCO INC ranks 3 in assets (Top 1%) and 23 in revenue (Top 3%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Area development redevelopment of renewal
Other activity aimed t combating community deterioration
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S32: Rural Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,362,102.00
FORM 990 REVENUE AMOUNT
$2,362,102.00
RULING DATE
12/1998
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$46,728,426.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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