Economic development organizations
There are 11,462 economic development organizations in the United States. Combined, these economic development organizations employ 55,062 people, earn more than $16 billion in revenue each year, and have assets of $53 billion.
Types of economic development organizations
| Nonprofit type | Number | Revenues |
|---|---|---|
11,462 | $16,134,815,179 | |
4,906 | $6,459,534,312 | |
701 | $2,853,893,527 |
Showing 3 of 3 categories
Job trends for Economic development organizations
| Employees per organization | Number of organizations |
|---|---|
| 0 | 2,628 |
| 1-10 | 2,402 |
| 11-25 | 658 |
| 26-100 | 354 |
| 101 to 1,000 | 85 |
| 1,000+ | 1 |
Key takeaways for employment stats:
- Employment in Economic development organizations is driven by large organizations like Northern Kentucky Area Developement District (NKADD), Local Initiatives Support Corporation, Metropolitan Entertainment and Convention Authority (MECA), Cypress Hills Local Development Corporation (CHLDC), and Community and Economic Development Association of Cook County (CEDA).
- The largest employers tend to be economic development organizations, urban development organizations, and visitor and convention bureaus.
Sizes of economic development organizations
| Revenues per organization | Number of organizations |
|---|---|
| < $250k | 3,374 |
| $250k to $1M | 2,022 |
| $1M to $5M | 1,416 |
| $5M to $25M | 484 |
| $25M to $100M | 84 |
| $100M+ | 16 |
Key takeaways for revenue stats:
- Large organizations like JobsOhio Beverage System, Local Initiatives Support Corporation, Maryland Economic Development Corporation (MEDC), Self-Help Ventures Fund, and Community and Economic Development Association of Cook County (CEDA) earn the majority of revenues among nonprofits in Economic development organizations.
- Organizations with less than $1 million in revenue account for 8.2% of combined nonprofit revenues, whereas organizations in Economic development organizations with more than $100 million account for 19.2% of nonprofit earnings.
- The highest earning organizations tend to be economic development organizations, urban development organizations, and visitor and convention bureaus.
Directory of economic development organizations
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1-20 of 11,462
Local Initiatives Support Corporation
Revenue
$363.9m
Assets
$1.6b
Employees
987
EIN
13-3030229
IRS type
501(c)(3)
Acdi / Voca
Revenue
$162.5m
Assets
$124.4m
Employees
195
EIN
52-0811461
IRS type
501(c)(3)
Uli - The Urban Land Institute
Revenue
$92.3m
Assets
$93.4m
Employees
313
EIN
53-0159845
IRS type
501(c)(3)
Opportunity Austin
Revenue
$5.9m
Assets
$2.9m
Employees
25
EIN
20-0192975
IRS type
501(c)(6)
Georgetown Business Improvement District
Revenue
$5.3m
Assets
$8.6m
Employees
13
EIN
52-2023786
IRS type
501(c)(6)
Bellevue Downtown Association
Revenue
$2.5m
Assets
$1.9m
Employees
14
EIN
91-6183167
IRS type
501(c)(6)
National Landing Business Improvement District
Revenue
$5.2m
Assets
$4.2m
Employees
17
EIN
20-5384178
IRS type
501(c)(6)
Meet Chicago Northwest (MCNW)
Revenue
$3.0m
Assets
$1.5m
Employees
10
EIN
36-3262249
IRS type
501(c)(6)
Rosslyn Business Improvement District (BID)
Revenue
$4.6m
Assets
$2.9m
Employees
14
EIN
54-2110524
IRS type
501(c)(6)
Memphis Tourism Corporation
Revenue
$23.8m
Assets
$50.7m
Employees
45
EIN
62-1025301
IRS type
501(c)(6)
DuPage Convention & Visitors Bureau
Revenue
$3.2m
Assets
$1.4m
Employees
12
EIN
36-3667324
IRS type
501(c)(6)
Metropolitan Improvement District (DSA)
Revenue
$22.2m
Assets
$3.5m
Employees
296
EIN
74-2927336
IRS type
501(c)(6)
Washington Roundtable
Revenue
$2.6m
Assets
$1.1m
Employees
8
EIN
91-1215738
IRS type
501(c)(6)
Alexandria Economic Development Partnership
Revenue
$4.2m
Assets
$2.6m
Employees
17
EIN
54-1625093
IRS type
501(c)(6)
Sioux Falls Development Foundation
Revenue
$9.3m
Assets
$106.5m
Employees
17
EIN
46-0243934
IRS type
501(c)(6)
Visit Alexandria
Revenue
$5.6m
Assets
$1.3m
Employees
28
EIN
54-1812378
IRS type
501(c)(6)
Tri-Valley Convention and Visitors Bureau Visit Tri-Valley
Revenue
$3.0m
Assets
$1.6m
Employees
7
EIN
68-0193182
IRS type
501(c)(6)
Greater Hazleton Community Area New Development Organizationinc
Revenue
$12.1m
Assets
$100.1m
Employees
20
EIN
23-6296551
IRS type
501(c)(6)
Tri-County Economic Development Corporation
Revenue
$5.5m
Assets
$14.4m
Employees
18
EIN
61-1125577
IRS type
501(c)(6)
Visit Austin
Revenue
$27.4m
Assets
$23.1m
Employees
77
EIN
75-2648097
IRS type
501(c)(6)
