Prowers County Development Inc
- Assets
- $309.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lamar, CO
- Founding
- 03/2001
- Data as of
- 12/2021
- 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 12/2021, Prowers County Development Inc generated $72.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $77.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PEP SEEKS TO IMPROVE THE ECONOMIC STATUS AND 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 |
|---|---|---|---|
Allen Campbell Board Member | 1 | $0 | |
George Pendleton Board Member | 1 | $0 | |
Brenda May Delegate | 1 | $0 | |
Rick Robbins Vice President | 2 | $0 | |
Lawrence Brase Board Member | 1 | $0 | |
Linda Lujan President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $896 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $28 |
| Total Revenue | $72,424 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,960 |
| Professional fees and other payments to independent contractors | $3,316 |
| Occupancy, rent, utilities, and maintenance | $3,440 |
| Printing, publications, postage, and shipping | $206 |
| Other expenses | $27,683 |
| Total expenses | $77,605 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $305,642 |
| Other assets | $0 |
| Total assets | $309,858 |
| Total liabilities | $12,460 |
| Net assets or fund balances | $297,398 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Prowers County Development Inc has recieved totaling $11,500.
| Awarding Organization | Amount |
|---|---|
Colorado Education Initiative Denver, CO PURPOSE: HTI STIPEND | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Local First Arizona Foundation Phoenix, AZ | $3,232,104 | $5,988,087 |
Business Development Finance Corporation Tucson, AZ | $22,193,625 | $4,107,444 |
Phoenix Community Development And Investment Corporation Phoenix, AZ | $40,907,790 | $6,695,939 |
Metafund Corporation Edmond, OK | $30,699,805 | $2,775,325 |
Sfs Development Inc Oklahoma City, OK | $22,888,253 | $6,807,080 |
Enterprise Center Of Johnson County Overland Park, KS | $1,026,412 | $1,656,304 |
Preferred Lending Partners Denver, CO | $1,354,948 | $1,342,208 |
Belay Enterprises Inc Aurora, CO | $3,858,910 | $1,974,052 |
West Community Economic Development Corporation Denver, CO | $2,372,449 | $847,271 |
Duncan Area Economic Development Foundation Duncan, OK | $17,794,309 | $1,169,335 |
Lifting Generations Inc Sandy, UT | $0 | $1,447,141 |
Mt Carmel Inc Kansas City, KS | -$1,934,457 | $522,134 |