Community Improvement & Capacity Building
Prairie Development Corporation
STRATTON, CO
Total revenue
$218K
Total expenses
$144K
Net assets
$3.8M
Grants received
$10K
1 grants
EIN
841043508
Tax year
2024
Mission
Loans for low-income housing to individuals and businesses. Low-income loans and loan guarantees for housing rehab, business start-up and related support services.
Programs
2 programs
Community housing programs - low or no interest loans to low-moderate income persons for rehabilitation of owner-occupied housing. Prairie development corporation also has an emergency home repair loan program and down payment assistance loan program for first time homebuyers meeting low-moderate income guidelines. Prairie development corporation also purchases vacant single-family homes in need of rehabilitation, making needed repairs and reselling them to income qualified first time homebuyers. During 2024, no housing loans were closed.
Office and apartment rental - prairie development leases two apartments and sublets office space to the east central council of governments and the home agency (insurance company).
Financials
FY 2024
Revenue
Expenses
People
9 listed
CANDACE PAYNE
ADMINISTRATO
—
20 hrs/wk
ED RARICK
CHAIRMAN
—
0.5 hrs/wk
DOROTHY STONE
VICE CHAIR
—
0.5 hrs/wk
ROBERT SAFRANEK
TREASURER
—
0.5 hrs/wk
STEVE BURGESS
BOARD MEMBER
—
0.5 hrs/wk
GRANT THAYER
BOARD MEMBER
—
0.5 hrs/wk
MARILYN WARD
BOARD MEMBER
—
0.5 hrs/wk
RJ JOLLY
BOARD MEMBER
—
0.5 hrs/wk
DEANNA HARRISON
BOARD MEMBER
—
0.5 hrs/wk
Grants received
Showing 1 of 1
Funded by
$10K from 1 funder · 1 grant · 2020
$10K · 1 grant · 2020