REDCO Presents $388K Dividend Payment to Rosebud Sioux Tribe

 

Last updated 4/8/2020 at 2:14pm

Vi Waln

REDCO presented a $388K divident payment to the Rosebud Sioux Tribe recently. Pictured are (L-R) Lisa White Pipe, Stephan DeNoyer III, Wayne Boyd, Rodney M. Bordeaux and Wizipan Little Elk.

ROSEBUD RESERVATION-The Rosebud Economic Development Corporation (REDCO) presented the Rosebud Sioux Tribe with a $388,306 dividend payment at a special tribal council meeting held recently.

"REDCO has grown from 1 employee to 57 employees in 7 years," stated Wizipan Little Elk, REDCO CEO. "We want to find ways to help our people improve their quality of life."

REDCO's top accomplishments during the past year include bringing in revenue totaling $16,042,066. This amount resulted in a profit of $1,944,031 and provided the $388,306 dividend payment to the tribe. REDCO has had several accompli...



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