Organizations Filed Purposes:
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.
ECONOMIC DEVELOPMENT PROGRAMS - GUARANTEED AND DIRECT LOANS UP TO 150,000 TO BUSINESSES; PRAIRIE DEVELOPMENT CORPORATION MAY LOAN 20,000 PER EACH FTE POSITION OF WHICH 51% MUST BE OFFERED OR FILLED BY LOW-MODERATE INCOME QUALIFIED PEOPLE. PRAIRIE DEVELOPMENT CORPORATION IS NOT A PRIMARY LENDER AND MANY LOANS ARE MADE IN PARTNERSHIP WITH BANKS AND/OR OTHER FINANCIAL INSTITUTIONS IN THE LOCAL AREA. IN ADDITION, PRAIRIE DEVELOPMENT CORPORATION IS INVOLVED WITH THE MARKETING OF TOURISM TO THE REGION TO BRING DOLLARS TO THE COMMUNITIES AND TO HELP SUPPORT JOB STABILITY. DURING 2019 TWO NEW BUSINESS LOANS WERE COMPLETED; ONE FROM MICRO- ENTERPRISE FUNDS AND ONE FROM REVOLVED LOAN FUNDS.
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 FIRST TIME HOMEBUYERS. DURNING 2019 SIX HOUSING LOANS WERE COMPLETED; FOUR EMERGENCY REPAIRS AND TWO DOWN PAYMENT ASSISTANCE.
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).
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Marilyn Ward | BOARD MEMBER | 1 | $0 |
| Grant Thayer | BOARD MEMBER | 1 | $0 |
| Nicci Tanner | BOARD MEMBER | 1 | $0 |
| Robert Safranek | BOARD MEMBER | 1 | $0 |
| Rol Hudler | BOARD MEMBER | 1 | $0 |
| Steve Burgess | BOARD MEMBER | 1 | $0 |
| Jerry Allen | SECRETARY/TR | 1 | $0 |
| Dorothy Stone | VICE CHAIR | 1 | $0 |
| Ed Rarick | CHAIRMAN | 1 | $0 |
| Candace Payne | ADMINISTRATO | 20 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202021629349301687_public.xml