Economic Development Corporation

Economic Development Corporation is a social welfare organization in Elk Point, South Dakota. Its tax id (EIN) is 43-2016069. It was granted tax-exempt status by IRS in January, 2022. For detailed information such as income and other financial data of Economic Development Corporation, refer to the following table.


Profile of Economic Development Corporation

Organization Name Economic Development Corporation
Tax Id (EIN)43-2016069
Address Po Box 280, Elk Point, SD 57025-0280
In Care of Name Troy Donnelly
All tax-exempt organizations in zip code 57025
Tax PeriodAssetIncomeRevenue
December, 2019$335,594$10,250$10,250
December, 2020$341,944$10,000$10,000
December, 2022$365,204$0$0
December, 2023$363,547$51,928$51,928
December, 2024$379,404$27,423$15,857
IRS Exempt Status Ruling Date January, 2022
Exempt Status Unconditional Exemption
Deductibility Contributions are not deductible
Tax Exempt Classification Community Improvement, Capacity Building
Tax Exempt Activity Economic Development
NTEE CodeS30
Foundation Type All organizations except 501(c)(3)
Organization Type Corporation
Organization Classification Social Welfare Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Required to file Form 990-N - Income less than $25,000 per year
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$100,000 to 499,999
Income Range Reported on Form 990$25,000 to 99,999
Accounting Period 12