SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC
112 West Elm St P O Box 1600, Lamar, CO 81052 www.seced.net

Total Revenue
$672,921
Total Expenses
$529,972
Net Assets
$7,808,768

Organizations Filed Purposes: Colorado Division of Housing-Single Family owner occupied rehabilitation loan program for home owners living in Baca, Kiowa, and Prowers Counties, provides low interest rate loans. The program has made 301 loans to individuals living in the authorized area since 1996. The average loan amount is $16,450. The program serves low to moderate income households with low fixed rate interest with favorable loan terms for repayment.

Business assistance loan fund-the revolving loan designed to fill gaps in small business financing options. The alternative financing method positively impacts the economic health of the communities within Baca, Bent, Crowley, Kiowa, and Prowers Counties. Since its inception the loan fund has made 222 loans totaling over $10.2 millions dollars. The program has created and/or retained 397 jobs with the average loan amount being $58,500.

Provide incentives and develop promotional activities to market and advertise advantages of locating a business in SE Colorado, create a positive identity, encourage retention and expansion of existing businesses, promote redevelopment and attract new businesses. Generally enhance the economic growth of Southeast Colorado.This includes the Colorado Division of Housing-Single Family owner occupied rehabilitation loan program for home owners living in Baca, Kiowa, and Prowers counties provides low interest rate loans. The program has made 301 loans to individuals living in the authorized area since 1995. The average loan amount is $16,450. the program serves low to moderate income households with low fixed rate interest with favorable loan terms for repayment.

Other administrative costs for enterprise zone administrative program,transportation planning programs, and technical assistance programs.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Stephanie GonzalesExecutive Director45$71,511
Marty LeeDirector1$0
Ron CookDirector1$0
Roy ElliottDirector1$0
Wendy Buxton-AndradeDirector1$0
Richard ScottDirector1$0
Tobe AllumbaughDirector1$0
Jim CollinsDirector1$0
Roger StagnerDirector1$0
Brent ThaxtonDirector1$0
Blaine ArbuthnotDirector1$0
Jean SykesDirector1$0
Glen AusmusChairman1$0
Rick ButlerDirector1$0
Butch RobertsonDirector1$0
Danelle BergDirector1$0
Shiloh FreedDirector1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002759349301705_public.xml