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Economic development organizations

There are 11,428 economic development organizations in the United States. Combined, these economic development organizations employ 54,987 people, earn more than $18 billion in revenue each year, and have assets of $52 billion.
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Types of economic development organizations

Nonprofit typeNumberRevenues
Economic development organizations
 
11,428
 
$18,141,760,025
Urban development organizations
 
4,840
 
$6,296,796,462
Convention centers and visitor bureaus
 
657
 
$2,802,751,648
Showing 3 of 3 categories

Job trends for Economic development organizations

Employees per organizationNumber of organizations
0
 
2,614
1-10
 
2,428
11-25
 
658
26-100
 
358
101 to 1,000
 
84
1,000+
 
1
Key takeaways for employment stats:

Sizes of economic development organizations

Revenues per organizationNumber of organizations
< $250k
 
3,367
$250k to $1M
 
2,045
$1M to $5M
 
1,408
$5M to $25M
 
478
$25M to $100M
 
81
$100M+
 
17
Key takeaways for revenue stats:

Directory of economic development organizations

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1-20 of 11,428

Acdi / Voca

To promote economic opportunities for cooperatives, enterprises, and communities through the innovative application of sound business practice.
Revenue
$162.5m
Assets
$124.4m
Employees
195
EIN
52-0811461
IRS type
501(c)(3)

Local Initiatives Support Corporation

Local Initiatives Support Corporation empowers communities by providing flexible lending, grants, and resources to foster inclusive, resilient neighborhoods across America.
Revenue
$363.9m
Assets
$1.6b
Employees
987
EIN
13-3030229
IRS type
501(c)(3)

Uli - The Urban Land Institute

Shape The future of The built environment for transformative impact in communities worldwide. We are a global network of professionals in every sector of real estate development and Land use, from private enterprise to public service.
Revenue
$93.1m
Assets
$106.3m
Employees
333
EIN
53-0159845
IRS type
501(c)(3)

Metropolitan Improvement District (DSA)

The Downtown Seattle Association (DSA) is the member-based non-profit 501(c)(4) organization focused exclusively on making Downtown Seattle a great place to live, work, shop and play through public policy advocacy, economic development and marketing.
Revenue
$21.9m
Assets
$4.7m
Employees
241
EIN
74-2927336
IRS type
501(c)(6)

Opportunity Austin

Opportunity Austin fosters job-creating investment and economic opportunities through regional initiatives.
Revenue
$5.9m
Assets
$2.9m
Employees
25
EIN
20-0192975
IRS type
501(c)(6)

Memphis Tourism Corporation

Memphis Tourism Corp. markets the city as a convention and tourism destination, provides visitor information centers, and promotes local hospitality industry development.
Revenue
$23.8m
Assets
$50.7m
Employees
45
EIN
62-1025301
IRS type
501(c)(6)

Rosslyn Business Improvement District (BID)

The Rosslyn Business Improvement District (BID), which started operations in 2003, provides services designed to make Rosslyn an exciting, urbane commercial and residential community.
Revenue
$4.6m
Assets
$2.9m
Employees
14
EIN
54-2110524
IRS type
501(c)(6)

National Landing Business Improvement District

The Crystal City Business Improvement District (BID) is a public-private partnership established in April 2006 to promote the vibrant Crystal City business, retail, restaurant and residential community.
Revenue
$5.2m
Assets
$4.2m
Employees
17
EIN
20-5384178
IRS type
501(c)(6)

Alexandria Economic Development Partnership

The Alexandria Economic Development Partnership (AEDP) works to strategically support businesses, development, and economic growth in Alexandria, and promotes the city as a creative, diverse, knowledge-based community with a high quality of life.
Revenue
$3.9m
Assets
$2.9m
Employees
17
EIN
54-1625093
IRS type
501(c)(6)

Georgetown Business Improvement District

Georgetown Business Improvement District (BID) is a publicly chartered, private, non-profit organization dedicated to protecting and enhancing the accessibility, attractiveness and overall appeal of Georgetown's commercial district.
Revenue
$5.3m
Assets
$8.6m
Employees
13
EIN
52-2023786
IRS type
501(c)(6)

Bellevue Downtown Association

Bellevue Downtown Association creatively leads downtown development, fosters community, and produces major celebrations attracting hundreds of thousands of attendees annually.
Revenue
$2.5m
Assets
$1.9m
Employees
14
EIN
91-6183167
IRS type
501(c)(6)

Meet Chicago Northwest (MCNW)

Meet Chicago Northwest is a non-profit, 501c6, destination marketing organization whose mission is to promote their service area of eight communities for meetings, convention, sporting events, group tours, and leisure visits.
Revenue
$3.0m
Assets
$1.5m
Employees
10
EIN
36-3262249
IRS type
501(c)(6)

Experience Grand Rapids

Experience Grand Rapids highlights world-class attractions, vibrant beer culture, and family fun while promoting tourism and conventions to enhance community growth.
Revenue
$15.5m
Assets
$15.2m
Employees
70
EIN
38-0592805
IRS type
501(c)(6)

DuPage Convention & Visitors Bureau

To actively market DuPage County to individual travelers and meeting/event planners as an enticing destination for both business and leisure travel in order to enhance the economic fiber of the County.
Revenue
$3.2m
Assets
$1.4m
Employees
12
EIN
36-3667324
IRS type
501(c)(6)

Sioux Falls Development Foundation

The Sioux Falls Development Foundation is a development corporation that facilitates the attraction of new businesses, the retention and expansion of existing firms and the formation of new companies.
Revenue
$9.3m
Assets
$106.5m
Employees
17
EIN
46-0243934
IRS type
501(c)(6)

Conference and Visitors Bureau of Montgomery County MD Incorporated (CVB)

The Conference and Visitors Bureau of Montgomery County MD Incorporated (CVB) is your one stop shop for planning your next sporting event in Montgomery County, Maryland. They specializes in matching the perfect site for your event.
Revenue
$2.8m
Assets
$3.4m
Employees
9
EIN
52-1396987
IRS type
501(c)(6)

Visit Tucson

Visit Tucson markets Tucson and Southern Arizona to visitors and meetings, building partnerships that drive economic development and celebrate authentic, vibrant culture.
Revenue
$16.5m
Assets
$28.1m
Employees
46
EIN
86-0432305
IRS type
501(c)(6)

Visit KC

Visit KC passionately promotes Kansas City as a vibrant destination, attracting visitors and conventions through strategic marketing and showcasing diverse local experiences.
Revenue
$17.9m
Assets
$21.4m
Employees
47
EIN
43-0862331
IRS type
501(c)(6)

Visit Alexandria

Visit Alexandria is a vibrant, growing membership organization that prides itself on strong ties to the Alexandria business and tourism communities.
Revenue
$5.3m
Assets
$1.4m
Employees
34
EIN
54-1812378
IRS type
501(c)(6)

Development Now for Chicago

Chicago-based organization promoting economic development and business conditions by securing Chicago as host city for 2024 Democratic National Convention.
Revenue
$81.5m
Assets
$9.0m
Employees
12
EIN
87-3817002
IRS type
501(c)(6)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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