Rural Economic Development organizations account for 523 organizations in the United States. In aggregate, these organizations generate $1b in revenue and employ 5.3k individuals.
523
Active Organizations
$1.2 Billion
Annual Revenue
5 Thousand
Employees in Sector
$2.6 Billion
Controlled Assets
Columbus, OH
Assets: $1b
Revenue: $700m
MISSION:
TO LESSEN THE BURDENS OF GOVERNMENT OF THE STATE OF OHIO BY PROVIDING GRANTS TO JOBSOHIO TO CARRY OUT ITS JOB CREATION AND OTHER ECONOMIC DEVELOPMENT TAX-EXEMPT ACTIVITIES AND CARRY OUT THE FUNCTIONS OF CHAPTER 4313, OHIO REVISED CODE.
Raleigh, NC
Assets: $224m
Revenue: $11m
Employees: 47
MISSION:
CONDUCTING POLICY RESEARCH FOCUSED ON IMPROVING ECONOMIC CONDITIONS,STRENGTHENING INFRASTRUCTURE, SUPPORTING INCREASED ENTREPRENEURIALDEVELOPMENT, AND INCREASING THE NUMBER OF JOBS AVAILABLE IN RURALAREAS.
South Boston, VA
Assets: $88m
Revenue: $17m
Employees: 23
MISSION:
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, INCLUDING, BUT NOT LIMITED TO PROMOTING ECONOMIC DEVELOPMENT, LESSENING THE BURDENS OF GOVERNMENT, AND REVITALIZING ECONOMICALLY DISTRESSED RURAL AREAS BY CONSTRUCTION AND OPERATING A PUBLICLY FUNDED FIBER-OPTIC NETWORK FOR THE BENEFIT OF THE COMMUNITIES AND CITIZENS OF SOUTHERN VIRGINIA. ADDITIONALLY, THE CORPORATION IS BRIDGING THE DIGITAL DIVIDE IN RURAL AREAS WHERE COMMERCIAL PROVIDERS HAVE NOT FOUND IT TO BE ECONOMICALLY FEASIBLE TO INVEST.
Greensburg, PA
Assets: $57m
Revenue: $6m
Employees: 6
MISSION:
The goal of this organization is to provide technical assistance, venture capital, loans, loan guarantees or other forms of management support to encourage the establishment and growth of business and industry in rural areas.
Mitchell, IN
Assets: $51m
Revenue: $20m
Employees: 324
MISSION:
TO PLAN, IMPLEMENT OR CAUSE TO BE IMPLEMENTED, AND PROVIDE COMPREHENSIVE SERVICES TO THE POOR, ELDERLY, AND DISABLED. THE CORPORATION STRIVES TO ALLEVIATE POVERTY, IMPROVE LIVING CONDITIONS, AND PROVIDE ACCESS TO HEALTH CARE AND SOCIAL SERVICES TO THOSE FAMILIES AND INDIVIDUALS IN NEED WITHIN OUR SERVICE AREA. ALL ENDEAVORS ARE PURSUED WITH THE CLIENT IN MIND, NEVER FORGETTING THE VALUE OF EVERY HUMAN BEING OR THE IMPORTANCE OF OUR RESPONSIBILITY TO THE PUBLIC WHICH WE SERVE.
Boise, ID
Assets: $45m
Revenue: $3m
Employees: 4
MISSION:
TO INCREASE ACCESS TO CAPITAL FOR AFFORDABLE HOUSING AND COMMUNITY FACILITIES.
Madison, SD
Assets: $45m
Revenue: $2m
MISSION:
ADMINISTRATION OF A RURAL ECONOMIC DEVELOPMENT LOAN PROGRAM TO STIMULATE ECONOMIC GROWTH.
Durant, OK
Assets: $42m
Revenue: $15m
Employees: 37
MISSION:
RURAL ENTERPRISES OF OKLAHOMA, INC 'S (REI OK) MISSION IS TO EXPAND PROSPERITY IN OKLAHOMA.REI OKLAHOMA EXPANDS ECONOMIC OPPORTUNITIES FOR OKLAHOMANS BY PROVIDING FLEXIBLE FINANCING AND DEVELOPMENT SERVICES TO INDIVIDUALS, BUSINESSES, AND ENTREPRENEURS WITH LIMITED ACCESS TO RESOURCES. REI BUSINESS LENDING PROVIDES CAPITAL TO BUSINESSES AND COLLABORATES CLOSELY WITH LOCAL LENDERS TO HELP ENTREPRENEURS NAVIGATE THROUGH LENDING RESOURCES. REI WOMAN'S BUSINESS CENTER AND REI MINORITY BUSINESS CENTER OFFER UNIQUE TRAININGS, AS WELL AS TECHNICAL ASSISTANCE AND BUSINESS ASSISTANCE SERVICES TO CLIENTS THROUGHOUT THE STATE. THIS INCLUDES TRAINING, FINANCIAL, AND TECHNICAL ASSISTANCE SERVICES FOR THE CREATION OF NEW BUSINESSES AND THE EXPANSION OF EXISTING BUSINESSES. REI OKLAHOMA PROVIDES DEVELOPMENT CAPITAL IN THE FORM OF LOANS WHICH MAY BE USED AS A BASIS TO LEVERAGE PUBLIC AND PRIVATE RESOURCES NECESSARY TO ESTABLISH OR EXPAND BUSINESS IN OKLAHOMA.
Rochester, NY
Assets: $35m
Revenue: $40m
Employees: 837
MISSION:
PATHSTONE BUILDS FAMILY AND INDIVIDUAL SELF-SUFFICIENCY BY STRENGTHENING FARMWORKER, RURAL AND URBAN COMMUNITIES. PATHSTONE PROMOTES SOCIAL JUSTICE THROUGH PROGRAMS AND ADVOCACY.
Berea, KY
Assets: $33m
Revenue: $9m
Employees: 49
MISSION:
THE MOUNTAIN ASSOCIATION INVESTS IN PEOPLE AND PLACES IN EASTERN KENTUCKY TO ADVANCE A JUST TRANSITION TO A NEW ECONOMY THAT IS MORE DIVERSE, SUSTAINABLE, EQUITABLE AND RESILIENT.
Anchorage, AK
Assets: $29m
Revenue: $15m
Employees: 16
MISSION:
COOK INLET LENDING CENTER IS A NONPROFIT LENDING ENTITY ESTABLISHED TO PROMOTE AND PROVIDE LENDING PRODUCTS AND SERVICES TO LOW-INCOME PERSONS, PRIMARILY THOSE OF AMERICAN INDIAN/ALASKA NATIVE DESCENT.
Somerset, KY
Assets: $28m
Revenue: $4m
Employees: 9
MISSION:
TO FACILITATE THE ECONOMIC GROWTH AND DEVELOPMENT OF THE SOUTHERN KENTUCKY REGION.
Sioux Falls, SD
Assets: $22m
Revenue: $5m
MISSION:
STRENGTHENING COMMUNITIES AND STIMULATING ECONOMIC DEVELOPMENT THROUGH SMALL BUSINESS LENDING AND AFFORDABLE HOUSING INITIATIVES
Tucson, AZ
Assets: $20m
Revenue: $2m
Employees: 8
MISSION:
CURRENTLY, SALT IS THE OWNER/MANAGER OF 126 SINGLE FAMILY DETACHED RENTAL UNITS AND ONE (1) TRIPLEX, DEDICATED TO SERVING LOW TO MODERATE INCOME FAMILIES. THESE ASSETS ARE LARGELY IN SERVICE AS AFFORDABLE RENTAL HOMES. OTHER LAND INVESTMENTS ARE IN VARIOUS STAGES OF DEVELOPMENT WITH THE POTENTIAL FOR SALE OR CONVERSION TO RENTAL PROPERTIES AS ADDITIONS TO THE PORTFOLIO OF AFFORDABLE RENTALS. APPROXIMATELY NINETEEN PERCENT (19%) OF THE RENTALS SERVE FAMILIES AT OR BELOW FIFTY PERCENT (50%) AREA MEDIAN INCOME (AMI, AND APPROXIMATELY FORTY-SEVEN (47%) OF THE RENTALS ARE UNRESTRICTED, BUT GENERALLY SERVE THE 80% AMI AND BELOW SEGMENT. THE REMAINING UNITS ARE AVAILABLE TO THOSE UP TO 120% AMI. THE AVERAGE AMI FOR THE TOTAL PORTFOLIO IS JUST OVER 64%. AS A RESULT, SALT HAS BEEN SUCCESSFUL IN OBTAINING THE DESIGNATION OF QUALIFYING CHARITABLE ORGANIZATION FROM THE ARIZONA DEPARTMENT OF REVENUE FOR SERVING THE WORKING POOR IN ITS COMMUNITY. THIS ENABLES SALT TO RECEIVE DONATIONS THAT QUALIFY A
Lebanon, VA
Assets: $16m
Revenue: $1m
MISSION:
VIRGINIA COALFIELD COALITION, INC IS A NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF CREATING A REGIONAL COOPERATIVE EFFORT BETWEEN THE CUMBERLAND PLATEAU PLANNING DISTRICT COMMISSION, LENOWISCO PLANNING DISTRICT COMMISSION AND LOCAL GOVERNMENTAL UNITS. FUNDS WILL BE USED TO PROMOTE ECONOMIC DEVELOPMENT IN THE COALFIELD REGION OF THE STATE OF VIRGINIA
Pearland, TX
Assets: $13m
Revenue: $5m
Employees: 35
MISSION:
SEE SCHEDULE OTO CATALYZE COMMERCE AND ECONOMIC DEVELOPMENT TO BENEFIT LOW AND MODERATE INCOME RESIDENTS OF HOUSTON'S CULTURALLY UNIQUE AND HISTORICAL CENTRAL NEIGHBORHOODS THROUGH JOB GROWTH INITIATIVES, CULTURAL AND ARTS PROMOTION, AND REAL ESTATE DEVELOPMENT AND MANAGEMENT.
Manchester, KY
Assets: $13m
Revenue: $769k
Employees: 11
MISSION:
The goal of this organization is to provide technical assistance, venture capital, loans, loan guarantees or other forms of management support to encourage the establishment and growth of business and industry in rural areas.
Mayfield, KY
Assets: $13m
Revenue: $252k
MISSION:
TO ORGANIZE, PROMOTE, AND DEVELOP INDUSTRIAL GROWTH IN THE PURCHASE AREA OF WESTERN KENTUCKY
Albuquerque, NM
Assets: $13m
Revenue: $3m
Employees: 6
MISSION:
TO PROMOTE SOCIAL WELFARE, ALLEVIATE POVERTY AND LESSEN THE BURDENS OF GOVERNMENT THROUGH FINANCIAL ASSISTANCE, EQUITY INVESTMENTS, LOANS, AND OTHER AID DESIGNED TO IMPROVE THE ECONOMIC WELL BEING OF NEW MEXICO RESIDENTS PARTICULARLY FOR LOW-INCOME INDIVIDUALS IN ECONOMICALLY UNDERSERVED AREAS OF NEW MEXICO.
Florence, KY
Assets: $13m
Revenue: $24m
Employees: 897
MISSION:
OUR MISSION IS TO ASSIST THE NORTHERN KENTUCKY COMMUNITY IN EFFECTIVELY ENTERING THE 21ST CENTURY THROUGH THE PROVISION OF HIGH QUALITY AND TECHNICALLY ADVANCED STAFF SERVICES TO LOCAL GOVERNMENTS, AGENCIES, AND CITIZENS.