PRAIRIELAND ECONOMIC DEVELOPMENT CORPORATION
1 PRAIRIE DRIVE, SLAYTON, MN 56172 www.prairielandedc.com

Total Revenue
$769,639
Total Expenses
$512,835
Net Assets
$1,155,491

Organizations Filed Purposes: THE CORPORATION SEEKS TO ASSIST BUSINESSES WITH THE FOLLOWING: ECONOMIC DEVELOPMENT BY ASSISTING IN THE GROWTH AND EXPANSION OF SMALL BUSINESS AND INDUSTRY, PROMOTING THE IMPROVEMENT OF COMMUNITY SERVICES, EXPAND BUSINESS OWNERSHIP OPPORTUNITIES, PROMOTE THE DEVELOPMENT OF GENERAL AND COMMUNITY WELFARE, AND INCREASE THE LOCAL TAX BASE.

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO SERVE AS A CERTIFIED DEVELOPMENT COMPANY (CDC) PURSUANT TO SECTION 503 AND 504 OF TITLE V OF THE SMALL BUSINESS INVESTMENT ACT OF 1958 AS AMENDED. CDC IS A PRIVATE NON- PROFIT CORPORATION WHOSE PURPOSE IS TO CONTRIBUTE TO THE ECONOMIC DEVELOPMENT OF ITS AREA OF OPERATION. WE APPROVED 22 LOANS FOR 10.5 MILLION AND FUNDED 21 LOANS FOR 10.2 MILLION WITH PROJECTED JOBS OF 96 CREATED AND RETAINED.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Ann PetersonPRESIDENT/CE0$126,194
Sherri SchuellerCHAIR1$1,120
Claire GerberDIRECTOR1$1,090
Renae ShieldsSECRETARY/TR1$970
Jill MocklerDIRECTOR1$935
Tim UlrichDIRECTOR1$655
Matthew DorothyDIRECTOR1$645
Brigid TuckDIRECTOR1$0
Chadwick SyltieSECOND CHAIR1$0
Pete NeigebauerFIRST CHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110329349301516_public.xml