The Sweetwater Economic Development Association was formed as under the Wyoming Non-Profit Corporation Act in March 1988. Since that time the Association has been known as SWEDA and has actively promoted and encouraged economic development in Sweetwater County.
Starting in January 1991, SWEDA hired a Director and assistant to further their goals. The organization is governed by a 16 volunteer Board of Directors membership. From the Board members, an Executive Staff is selected which consist of a President, Vice President, Secretary, Treasurer and two members at large. The Board holds a monthly meeting on the first Monday of the month alternating between Rock Springs and Green River.
The Association consists of volunteer members that pay an annual fee for membership. The Association is funded by Sweetwater County, City of Green River and City of Rock Springs by annual appropriations.