Prowers County Development Inc
- Assets
- $327.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lamar, CO
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 84-0728957
Organization Overview
Prowers County Development Inc is located in Lamar, CO. The organization was established in 2001. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prowers County Development Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Prowers County Development Inc generated $98.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $81.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PEP SEEKS TO IMPROVE THE ECONOMIC STATUS & QUALITY OF LIFE FOR PROWERS COUNTY BY NURTURING EMERGING ENTREPRENEURS, ASSISTING BUSINESSES TO THRIVE, AND RECRUITING NEW BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Robbins Vice President | 2 | $0 | |
Lawrence Brase Board Member | 1 | $0 | |
Anne Marie Crampton President | 1 | $0 | |
Ron Cook Director | 1 | $0 | |
Allen Campbell Board Member | 1 | $0 | |
Linda Lujan Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,092 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,592 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,656 |
| Professional fees and other payments to independent contractors | $41,870 |
| Occupancy, rent, utilities, and maintenance | $8,575 |
| Printing, publications, postage, and shipping | $227 |
| Other expenses | $23,944 |
| Total expenses | $81,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $322,962 |
| Other assets | $0 |
| Total assets | $327,178 |
| Total liabilities | $12,460 |
| Net assets or fund balances | $314,718 |