Organizations Filed Purposes:
TO PROVIDE FINANCING AND LEVERAGE INVESTMENTS IN COMMUNITIES IN RURAL AREAS TO MAKE A DIFFERENCE IN THE REGION.
ADMINISTRATION OF A RURAL ECONOMIC DEVELOPMENT LOAN PROGRAM TO STIMULATE ECONOMIC GROWTH.
RURAL ELECTRIC ECONOMIC DEVELOPMENT (REED) PROVIDES GAP FINANCING (LOANS) TO COMMUNITY, BUSINESS AND VALUE-ADDED AGRICULTURE PROJECTS TO SUPPORT START-UP AND EXPANSION, LEAD TO JOB CREATION AND RETENTION, AND CREATE A BASIS FOR SUSTAINING AND GROWING RURAL COMMUNITIES. REED HAS MADE 343 LOANS TOTALING NEARLY $100 MILLION THAT RESULTED IN A TOTAL INVESTMENT OF OVER $872 MILLION SINCE 1997. IN ADDITION, OVER 9,400 JOBS HAVE BEEN CREATED AND RETAINED. OVER 79% OF REED'S LENDING IS IN COMMUNITIES OF FEWER THAN 5,000 PEOPLE AND 99% OF LOANS ARE TO LOCALLY OWNED PROJECTS, ENSURING THAT PROFITS STAY IN THE COMMUNITY TO HELP MAINTAIN VITAL SERVICES AND ASSIST CONTINUED BUSINESS GROWTH AND SUSTAINABILITY. OUR FUTURE NEEDS HEALTHY COMMUNITIES AND BUSINESSES TO FUEL THE ECONOMY.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Jeff Birkeland | DIRECTOR (BEG. 4/19) | 1 | $0 |
| Steve Reed | DIRECTOR (UNTIL 3/19) | 1 | $0 |
| Ron Horman | DIRECTOR | 1 | $0 |
| Tim Mcintyre | DIRECTOR | 1 | $0 |
| Dick Johnson | DIRECTOR | 1 | $0 |
| Kory Johnson | DIRECTOR | 1 | $0 |
| Evan Buckmiller | DIRECTOR | 1 | $0 |
| Tim Mccarthy | DIRECTOR | 1 | $0 |
| Dave Eide | DIRECTOR | 1 | $0 |
| Chris Larson | DIRECTOR | 1 | $0 |
| Char Hagar | DIRECTOR | 1 | $0 |
| Matt Klein | DIRECTOR | 1 | $0 |
| Joel Janorschke | DIRECTOR | 1 | $0 |
| Brad Schardin | DIRECTOR | 1 | $0 |
| Rodney Haag | DIRECTOR | 1 | $0 |
| Tim O'Leary | DIRECTOR | 1 | $0 |
| Scott Moore | DIRECTOR | 1 | $0 |
| Jay Spaans | DIRECTOR | 1 | $0 |
| Russell Gall | DIRECTOR | 1 | $0 |
| Stephanie Horst | DIRECTOR | 1 | $0 |
| Chad Felderman | DIRECTOR | 1 | $0 |
| Matthew Hotzler | DIRECTOR | 1 | $0 |
| Chris Studer | ADMIN./TREASURER (BEG. 4/19) | 1 | $0 |
| Dustin Zubke | TREASURER (UNTIL 3/19) | 1 | $0 |
| Deeanne Newville | SECRETARY | 1 | $0 |
| Dave Page | VICE CHAIR | 1 | $0 |
| Ken Schlimgen | CHAIRPERSON | 1 | $0 |
| Mike Jaspers | ADMINISTRATOR | 10 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043089349301914_public.xml