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South Dakota economic development organizations

There are 132economic development organizations in South Dakota. Combined, these South Dakotaneconomic development organizationsemploy 304 people, earn more than $89 million in revenue each year, and have assets of $497 million.
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Types of economic development organizations in South Dakota

Nonprofit typeNumberRevenues
Economic development organizations
132
$89,371,931
Urban development organizations
47
$31,643,350
Convention centers and visitor bureaus
6
$10,567,684
Showing 3 of 3categories

Economic development organizations by major South Dakota cities

Metro areaNonprofitsRevenues
Sioux Falls
28
$35,588,737
Rapid City
19
$8,702,405
Sioux City, IA
3
$273,447
Showing 3 of 3metros

Job trends for South Dakota economic development organizations

Employees per organizationNumber of organizations
0
40
1-10
35
11-25
6
26-100
4
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in South Dakota

Revenues per organizationNumber of organizations
< $250k
52
$250k to $1M
33
$1M to $5M
15
$5M to $25M
3
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in South Dakota

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1-20 of 132

Sioux Falls Development Foundation

The Sioux Falls Development Foundation is a development corporation that facilitates the attraction of new businesses, the retention and expansion of existing firms and the formation of new companies.
Revenue
$16.8m
Assets
$87.1m
Employees
17
EIN
46-0243934
IRS type
501(c)(6)

Visit Rapid City

Visit Rapid City markets and promotes the Rapid City and Black Hills area to enhance economic growth for visitors and residents.
Revenue
$3.5m
Assets
$3.5m
Employees
29
EIN
82-1020421
IRS type
501(c)(6)

Research Park at Sdsu

Research Park at SDSU fosters innovation, supporting startups and partnerships to develop technologies, enhance economic growth, and address industry challenges in South Dakota.
Revenue
$17.8m
Assets
$37.7m
Employees
3
EIN
20-2506183
IRS type
501(c)(3)

Yankton Thrive

Yankton Thrive provides leadership to foster economic growth, implements initiatives for businesses and grants money to promote development in the area.
Revenue
$3.7m
Assets
$5.7m
Employees
10
EIN
46-0348636
IRS type
501(c)(6)

Experience Sioux Falls

Marketing and tourism organization partnering to create positive economic impact in Sioux Falls, funded by a 1% room tax.
Revenue
$5.1m
Assets
$4.8m
Employees
30
EIN
87-3484216
IRS type
501(c)(6)

Brookings Economic Development Corporation (BEDC)

BEDC serves as an advocate for the business community by building relationships with companies that allow them to succeed by taking advantage of the area's unique and progressive business environment.
Revenue
$2.9m
Assets
$6.4m
Employees
2
EIN
46-0440746
IRS type
501(c)(6)

Aberdeen Area Convention and Visitors Bureau

As the tourism marketing agency for the City of Aberdeen, our mission is to enhance the economic well-being of the Aberdeen region by increasing the amount of visitor and meeting activity that occurs in the area.
Revenue
$829.0k
Assets
$677.2k
Employees
8
EIN
46-0422304
IRS type
501(c)(6)

West River Foundation for Economic and Community Development

To recruit businesses from other states & to expand in-state business including administering an Economic Development & relending program. To provide affordable housing throughout the state of south dakota.
Revenue
$1.1m
Assets
$14.3m
Employees
4
EIN
46-0457322
IRS type
501(c)(6)

Watertown Development Company

To improve the overall standard of living in the community by way of stimulating economic development by assisting new and existing businesses with creating of new jobs and retention of existing jobs to that end.
Revenue
$1.4m
Assets
$26.0m
Employees
5
EIN
46-6012194
IRS type
501(c)(6)

Greater Huron Development Corporation

To assist in new business expansion to the Huron Area. The Huron Chamber of Commerce is always ready to help you plan an event as well.
Revenue
$931.9k
Assets
$15.6m
Employees
3
EIN
23-7069436
IRS type
501(c)(6)

Aberdeen Development Corporation (ADC)

Dedicate efforts to maintain and promote primary job creation in the city of Aberdeen and Brown County. The Aberdeen Development Corporation will be supportive of others having a common mission in the region.
Revenue
$1.6m
Assets
$12.1m
Employees
4
EIN
46-6011831
IRS type
501(c)(6)

Huron Chamber & Visitors Bureau

Provides positive leadership through a proactive organization that educates membership, promotes business prosperity and encourages a healthy business climate in the city of Huron, sd and the surrounding areas.
Revenue
$771.2k
Assets
$664.5k
Employees
8
EIN
46-0149050
IRS type
501(c)(6)

Brandon Development Foundation

The mission of the Brandon Development Foundation (bdf) is to create and to retain jobs within the community.
Revenue
$1.0m
Assets
$3.9m
Employees
0
EIN
36-3276322
IRS type
501(c)(6)

Dakota Resources

Dakota Resources connects capital and capacity to empower rural communities through innovative processes, tools, training, and resources located in Renner, SD.
Revenue
$2.4m
Assets
$32.7m
Employees
11
EIN
46-0442430
IRS type
501(c)(3)

Rural Electric Economic Development

REED provides gap financing to rural community, business, and agriculture projects to stimulate economic growth and create job opportunities.
Revenue
$2.4m
Assets
$46.7m
Employees
0
EIN
46-0445496
IRS type
501(c)(3)

Grow South Dakota / Northeast South Dakota Economic Corporation

Grow South Dakota / Northeast South Dakota Economic Corporation is an economic development organization in Sisseton, SD whose mission is: To stimulate Economic opportunities through loans, technical support and partnerships.
Revenue
$1.3m
Assets
$31.4m
Employees
0
EIN
46-0350177
IRS type
501(c)(3)

South Eastern Development Foundation

SEDF provides small business lending and affordable housing initiatives to strengthen communities and stimulate economic development in the region.
Revenue
$2.4m
Assets
$24.9m
Employees
0
EIN
30-0017659
IRS type
501(c)(3)

Vermillion Chamber and Development

Vermillion Chamber and Development promotes economic growth through sustainable business development and community awareness initiatives in Vermillion, SD.
Revenue
$1.5m
Assets
$14.8m
Employees
9
EIN
46-0284795
IRS type
501(c)(4)

Lake Area Improvement Corporation

LAIC supports Lake County's economic development via environmentally and economically compatible job creation, retention, and assistance to local businesses.
Revenue
$1.2m
Assets
$15.4m
Employees
2
EIN
51-0183368
IRS type
501(c)(3)

Black Hills Community Loan Fund

The Black Hills fund creates financial opportunities and helps clients achieve home ownership in Rapid City, SD and surrounding areas.
Revenue
$808.9k
Assets
$907.2k
Employees
7
EIN
26-2504959
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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