SCommunity Improvement & Capacity BuildingEIN: 460445496· Ruling Year: 1998

Rural Electric Economic Development Inc

Madison, South Dakota

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$2.3M
Total Revenue
📊
$867K
Total Expenses
🏦
$33.4M
Net Assets
📋
$15.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.7%
Year-over-year change (2022 → 2023)
Net Margin
+62.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
38.49
Net assets divided by total expenses
Liabilities-to-Assets
31.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,297,5643%$867,4484%$48,911,2415%
2022$2,362,1024%$832,1495%$46,728,4264%
2021$2,458,76335%$795,97241%$44,957,0843%
2020$3,809,91762%$1,341,77427%$43,569,1583%
2019$2,354,51012%$1,055,10610%$42,150,50116%
2018$2,097,40419%$958,54518%$36,256,5671%
2017$2,580,5189%$812,30638%$35,985,8329%
2016$2,374,7592%$587,3298%$32,879,74410%
2015$2,322,25313%$541,79110%$29,777,0776%
2014$2,057,59210%$600,8252%$28,195,7225%
2013$2,282,177160%$615,54015%$26,931,0107%
2012$877,50565%$724,3383%$25,073,7308%
2011$2,534,927$749,620$27,143,248

Frequently Asked Questions

What does Rural Electric Economic Development Inc do?

Rural Electric Economic Development Inc is a community improvement & capacity building nonprofit organization based in South Dakota. It is classified under NTEE code S32 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rural Electric Economic Development Inc financially healthy?

Based on our 9-metric Financial Health Score model, Rural Electric Economic Development Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rural Electric Economic Development Inc generate?

Rural Electric Economic Development Inc reports $6.3M in annual revenue and holds $54.4M in total assets, based on IRS filings.

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