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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Rural Electric Economic Development Inc.

Rural Electric Economic Development Inc.

Fiscal year ending 2024. Filed on October 24, 2025.

PO Box 227
Madison, South Dakota 57042

Rural Electric Economic Development Inc. (EIN: 46-0445496) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Rural Electric Economic Development Inc., a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$6,325,435

Expenses

$899,711

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mike Jaspers
Administrator
$0

Benchmark Employee Compensation

Non-Employee Board Members

Chad Felderman
Director
Chad Kinsley
Director
Char Hager
Director
Chris Larson
Director
Chris Studer
Treasurer
Dave Eidie
Director
Dave Page
Director
Deeanne Norris
Director
Dick Johnson
Director
Evan Buckmiller
Secretary
Jay Spaans
Director
Jeff Birkeland
Director

Contractors

East River Electric Power Cooperative
Administrative
$613,436

Mission Statement

TO PROVIDE FINANCING AND LEVERAGE INVESTMENTS IN COMMUNITIES IN RURAL AREAS TO MAKE A DIFFERENCE IN THE REGION.

Revisions to this organization profile

October 24, 2025:
2024 Rural Electric Economic Development Inc. 990 filed
November 11, 2024:
2023 Rural Electric Economic Development Inc. 990 filed
October 26, 2023:
2022 Rural Electric Economic Development Inc. 990 filed

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