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South Dakota economic development organizations

There are 130economic development organizations in South Dakota. Combined, these South Dakotaneconomic development organizationsemploy 332 people, earn more than $71 million in revenue each year, and have assets of $445 million.
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Types of economic development organizations in South Dakota

Nonprofit typeNumberRevenues
Economic development organizations
130
$70,740,593
Urban development organizations
51
$25,600,868
Convention centers and visitor bureaus
6
$10,078,155
Showing 3 of 3categories

Economic development organizations by major South Dakota cities

Metro areaNonprofitsRevenues
Sioux Falls
28
$28,614,140
Rapid City
20
$13,224,037
Sioux City, IA
3
$171,255
Showing 3 of 3metros

Job trends for South Dakota economic development organizations

Employees per organizationNumber of organizations
0
42
1-10
31
11-25
7
26-100
5
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
53
$250k to $1M
29
$1M to $5M
18
$5M to $25M
2
$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 130

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
$9.6m
Assets
$66.2m
Employees
16
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
$3.0m
Assets
$3.3m
Employees
29
EIN
82-1020421
IRS type
501(c)(6)

Yankton Thrive

Yankton Thrive provides leadership to foster economic growth, implements initiatives for businesses and grants money to promote development in the area.
Revenue
$4.0m
Assets
$5.5m
Employees
11
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
$786.3k
Assets
$647.1k
Employees
6
EIN
46-0422304
IRS type
501(c)(6)

Black Hills Badlands and Lakes Association Association

To promote the tourist industry throughout south dakota by cooperating with civic, commercial, agricultural and trade groups on local, state and national levels; through advertising, publicity and special promotion and to provide a medium for expressing t....
Revenue
$1.8m
Assets
$1.2m
Employees
25
EIN
46-0111395
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
$1.3m
Assets
$14.3m
Employees
5
EIN
46-0457322
IRS type
501(c)(6)

Rapid City Economic Development Foundation

Rapid City Economic Development Foundation attracts quality jobs and businesses to improve the economic climate and quality of life in the area.
Revenue
$2.5m
Assets
$16.0m
Employees
0
EIN
23-7267019
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
$1.5m
Assets
$26.8m
Employees
5
EIN
46-6012194
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)

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
$2.8m
Assets
$28.8m
Employees
0
EIN
46-0350177
IRS type
501(c)(3)

Belle Fourche Development Corporation

BFDC promotes economic development and improves quality of life in Belle Fourche and the greater area by assisting businesses.
Revenue
$1.4m
Assets
$1.2m
Employees
0
EIN
46-0358355
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)

Black Hills Community Economic Development

Promote Economic Development in the state of south dakota and the rapid city/black Hills regional trade zone within a 200 mile radius to include contiguous counties in Nebraska and Wyoming and provide technical assistance to aid in Economic base expansion....
Revenue
$972.6k
Assets
$2.9m
Employees
0
EIN
46-0361483
IRS type
501(c)(6)

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)

Hartford Area Development Foundation

The Hartford Area Development Foundation promotes the growth of the city of Hartford, SD through programs that actively promote industrial development in the city and its surrounding area.
Revenue
$2.1m
Assets
$4.7m
Employees
0
EIN
46-0354618
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
$2.3m
Assets
$24.4m
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
$14.7m
Employees
26
EIN
46-0284795
IRS type
501(c)(4)
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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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