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Filing year 2024

SALEM ECONOMIC DEVELOPMENT CORPORATION

Salem, South Dakota·EIN 37-2045526·NTEE S32 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$272k
Total assets
$837k
Total expenses
$239k
Reported officers
7
Mission

TO 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.

Reported officers (all unpaid)

No paid executives reported in 2024. SALEM ECONOMIC DEVELOPMENT CORPORATION reported 7 unpaid officers and board members on its 990.

Director
President
Director
Director
Vice Preside
Treasurer/se
Director
Financial trend

Revenue and expenses over time

SALEM ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$145k
$139k
2023
$272k
$239k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in South Dakota

SALEM ECONOMIC DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in South Dakota earns a median of $67,175.

25th percentile
$34k
Median
$67,175
75th percentile
$121k
90th percentile
$165k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 61 organizations across 61 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for South Dakota
FAQ

Common questions about SALEM ECONOMIC DEVELOPMENT CORPORATION

What are SALEM ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, SALEM ECONOMIC DEVELOPMENT CORPORATION reported $272k in total revenue and $239k in total expenses on its IRS Form 990.

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