Ron Reed Economic Development Center in Brookings, South Dakota (SD)

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Ron Reed Economic Development Center
Employer Identification Number (EIN)371518870
Name of OrganizationRon Reed Economic Development Center
In Care of NameJim Winterboer
AddressPo Box 431, Brookings, SD 57006
SubsectionBoard of Trade
Ruling Date06/2010
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$31,950
Amount of Income$12,277
Form 990 Revenue Amount$12,277
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs


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Amount of income in 2013: $12,277 (it was $0 in 2012)
This organization: 

 $12,277
Other organizations performing similar types of work: 

 $127,010

Assets in 2013: $31,950 (it was $0 in 2012)
Ron Reed Economic Development Center: 

 $31,950
Other organizations performing similar types of work: 

 $83,317

Expenses in 2011: $301,897
This organization: 

 $301,897
Other organizations performing similar types of work: 

 $154,560

Income to expenses ratio in 2011: 0.0
This organization: 

 0.0
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2011: 0.0%
Ron Reed Economic Development Center: 

 0.0%
Other organizations performing similar types of work: 

 40.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$12,277
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$12,277
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$301,897
Total net assets$31,950
Deficit for the year$-289,620
Net assets or fund balances at beginning of year$321,570
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$31,950
Total liabilities$0
Net assets or fund balances$31,950
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Craft3 Investment I LlcPO BOX 826, Ilwaco, WA 98624-0826WA1995-07$18,154,406
2Masschallenge21 Dry Dock Ave 6th Flr, Boston, MA 02210-2384MA2010-04$4,959,384
3Small Business Majority Foundation Inc4000 Bridgeway Ste 101, Sausalito, CA 94965-1444CA2010-11$4,935,336
4Western North Carolina Regional Economic Development Non-Profit Co134 Wright Brothers Way, Fletcher, NC 28732-7808NC1996-02$2,225,305
5Women Venture2021 E Hennepin Ave Ste 200, Minneapolis, MN 55413-2724MN1984-09$1,770,287
6Los Angeles Cleantech Incubator411 S Hewitt Street, Los Angeles, CA 90013CA2012-08$1,684,863
7Puerto Rico Manufacturing Extension Primex Inc, PrimexMercantil Plaza Ste 819, San Juaninternational1996-12$1,678,335
8Startx2627 Hanover St, Palo Alto, CA 94304-1118CA2013-06$1,657,007
9Rockford Area Strategic Initiatives100 Park Ave Ste 100, Rockford, IL 61101-1099IL2010-06$1,367,725
10Commonwise Education Inc464 Black Willow Ln, Charlotte, VT 05445-4405VT2011-09$1,303,500
11Iowa Innovation Corporation309 Court Ave Ste 222, Des Moines, IA 50309-2259IA2013-10$1,096,234
12Kauffman Laboratories For Enterprise Creation IncEnterprise Creation Inc 4801 Rockhi, Kansas City, MO 64110MO2014-09$1,024,080
13Women In Progress Inc2205 California St Ne Ste 110, Minneapolis, MN 55418-3353MN2002-11$946,703
14Technology Entrepreneur Center Inc911 Washington Ave Ste 500, Saint Louis, MO 63101-1271MO2004-05$860,046
15Engine Advocacy414 Brannan St, San Francisco, CA 94107CA2013-11$848,769
16Veterans Enterprise Training & Services Group Inc1200 18th St Nw Lowr Ll100, Washington, DC 20036-2522DC2005-03$843,066
17Ron Reed Economic Development CenterPo Box 431, Brookings, SD 57006SD2010-06$12,277
18Capitalism For Veterans, Jere E Kribell MbrPO BOX 369, Lennox, SD 57039-0369SD2014-07$0
19Hurley Area Development CorporationPo Box 254, Hurley, SD 57036SD2011-09$0
20Northern Plains Economic Development Inc4612 J Ct, Rapid City, SD 57703-6358SD1995-10$0
Number of organizations performing similar types of work
Alaska2
Alabama5
Arkansas4
Arizona10
California76
Colorado14
Connecticut7
District of Columbia7
Florida26
Georgia20
Hawaii5
Iowa8
Idaho3
Illinois22
Indiana11
Kansas3
Kentucky5
Louisiana6
Massachusetts18
Maryland19
Maine3
Michigan16
Minnesota8
Missouri13
Mississippi6
Montana3
North Carolina18
North Dakota1
Nebraska5
New Jersey6
New Mexico5
Nevada4
New York26
Ohio16
Oklahoma5
Oregon5
Pennsylvania12
Rhode Island1
South Carolina12
South Dakota4
Tennessee10
Texas27
Utah1
Virginia14
Vermont2
Washington10
Wisconsin8
West Virginia3
Wyoming1
International2
Total518

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