San Luis Valley Development Resources Group
San Luis Valley Development Resources Group
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About this organization
Mission
Economic development planning for local governments and agencies and administration of revolving loan fund.
About
Revolving loan funds are used to provide commercial financing to for-profit businesses located in the six counties encompassing the San Luis Valley. Financing is also available for business expansion, start-ups, and retentions.
Interesting data from their 2019 990 filing
The purpose of the non-profit, as set forth in the filing, is “Economic development planning for local governments and agencies and administration of revolving loan fund.”.
When discussing its purpose, they were characterized as: “Economic development planning for local governments and agencies and administration of revolving loan fund.”.
- The state in which the non-profit is legally authorized to operate is CO, as reported.
- The filing confirms that the non-profit's address in 2019 was 610 STATE AVE SUITE 200, ALAMOSA, CO, 81101.
- The form of the non-profit reports 7 employees as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $420,135.
- The remuneration of the CEO of the organization is based on an independent review and approval process.
- The organization has 11 independent voting members.
- The organization was formed in 1994.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $418,377 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.