Salem Economic Development

Community development organization based in Salem, SD.0 Exempt under §501(c)(3).

MissionTO ASSIST AND FURTHER THE ECONOMIC DEVELOPMENT OF SALEM, SD AND ITS ENVIRONS, AND TO PROMOTE AND ASSIST IN THE GROWTH AND DEVELOPMENT OF SMALL BUSIENSSES IN THE AREA.

EIN
37-2045526
State
SD
Sector
Community development
Budget band
$250K–$500K
Latest filing
TY 2024
Records
—

Financial snapshot · TY 2024

$272K
Total revenue
$239K
Total expenses
$837K
Net assets

Financial health · TY 2024

100
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
42 months of expenses
Program efficiency
100
97.2% spent on programs
Revenue diversity
98
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Salem Economic Development Executive Compensation | 990 Data | DoubleNine