Annual Reports

Organized in 1996, the Rural Electric Economic Development, Inc. (REED) Fund is a private non-profit corporation governed by 17 Electric Cooperatives serving eastern South Dakota and western Minnesota. Its primary mission is to provide financing and help leverage private investment in small communities and rural areas needed to keep the rural economy viable and improve quality of life in the region. To accomplish its mission REED makes loans that support job creation, job retention, self-employment and community capacity building activities throughout the 36,000 square miles it serves.