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Rural Economic Development

Nonprofit OrganizationsRural Economic Development

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

Explore Nonprofits in the Rural Economic Development Sector

Jobsohio Beverage System

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.

Rural Economic Development Center Inc

Raleigh, NC

Assets: $224m

Revenue: $11m

MISSION:

CONDUCTING POLICY RESEARCH FOCUSED ON IMPROVING ECONOMIC CONDITIONS,STRENGTHENING INFRASTRUCTURE, SUPPORTING INCREASED ENTREPRENEURIALDEVELOPMENT, AND INCREASING THE NUMBER OF JOBS AVAILABLE IN RURALAREAS.

Mid-Atlantic Broadband Communities Corporation

South Boston, VA

Assets: $88m

Revenue: $17m

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.

Progress Fund

Greensburg, PA

Assets: $57m

Revenue: $6m

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.

Hoosier Uplands Economic Development Corporation

Mitchell, IN

Assets: $51m

Revenue: $20m

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.

New West Community Capital Inc

Boise, ID

Assets: $45m

Revenue: $3m

MISSION:

TO INCREASE ACCESS TO CAPITAL FOR AFFORDABLE HOUSING AND COMMUNITY FACILITIES.

Rural Electric Economic Development Inc

Madison, SD

Assets: $45m

Revenue: $2m

MISSION:

ADMINISTRATION OF A RURAL ECONOMIC DEVELOPMENT LOAN PROGRAM TO STIMULATE ECONOMIC GROWTH.

Rural Enterprises Of Oklahoma Inc

Durant, OK

Assets: $42m

Revenue: $15m

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.

Pathstone Corporation

Rochester, NY

Assets: $35m

Revenue: $40m

MISSION:

PATHSTONE BUILDS FAMILY AND INDIVIDUAL SELF-SUFFICIENCY BY STRENGTHENING FARMWORKER, RURAL AND URBAN COMMUNITIES. PATHSTONE PROMOTES SOCIAL JUSTICE THROUGH PROGRAMS AND ADVOCACY.

Mountain Association For Community Economic Development Inc

Berea, KY

Assets: $33m

Revenue: $9m

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.

Cook Inlet Lending Center Inc

Anchorage, AK

Assets: $29m

Revenue: $15m

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.

Southeast Kentucky Economic Development Corporation Inc

Somerset, KY

Assets: $28m

Revenue: $4m

MISSION:

TO FACILITATE THE ECONOMIC GROWTH AND DEVELOPMENT OF THE SOUTHERN KENTUCKY REGION.

South Eastern Development Foundation

Sioux Falls, SD

Assets: $22m

Revenue: $5m

MISSION:

STRENGTHENING COMMUNITIES AND STIMULATING ECONOMIC DEVELOPMENT THROUGH SMALL BUSINESS LENDING AND AFFORDABLE HOUSING INITIATIVES

Southern Arizona Land Trust Inc

Tucson, AZ

Assets: $20m

Revenue: $2m

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

Virginia Coalfield Coalition Inc

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

Urban Partnerships Community Development Corporation

Pearland, TX

Assets: $13m

Revenue: $5m

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.

Kentucky Mountain Housing Development Corporation Inc

Manchester, KY

Assets: $13m

Revenue: $769k

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.

Purchase Area Regional Industrial Park Authority Inc

Mayfield, KY

Assets: $13m

Revenue: $252k

MISSION:

TO ORGANIZE, PROMOTE, AND DEVELOP INDUSTRIAL GROWTH IN THE PURCHASE AREA OF WESTERN KENTUCKY

New Mexico Community Capital

Albuquerque, NM

Assets: $13m

Revenue: $3m

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.

Northern Kentucky Area Developement District

Florence, KY

Assets: $13m

Revenue: $24m

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.