SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC
AI Summary
Southeast Colorado Enterprise Development Inc is a nonprofit organization dedicated to providing economic assistance to individuals and businesses in Southeast Colorado that do not qualify for traditional financing. With an operating budget of $1.4 million and total revenue of $1.5 million for the filing year 2024, the organization primarily supports new and struggling businesses, as well as homeowners seeking to improve their residences. Key funders include The Colorado Health Foundation, AARP, and Mile High United Way Inc, although no single funder contributes 50% or more of its revenue.
Mission Statement
TO PROVIDE ECONOMIC ASSISTANCE TO INDIVIDUALS AND BUSINESSES IN SOUTHEAST COLORADO THAT DO NOT QUALIFY FOR TRADITIONAL FINANCING. LOANS ARE PRIMARLY MADE TO NEW, START-UP BUSINESSES OR BUSINESSES THAT ARE HAVING DIFFICULTY WITH TRADITIONAL FINANCING. LOANS HAVE BEEN MADE TO HOME OWNERS TO IMPROVE THEIR PERSONAL RESIDENCES BY UPGRADING WINDOWS, DOORS, AND HEATING.
Cause Areas
1
Public housing
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC’s budget?
In 2024, SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC support?
SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC supports work in Public housing.
Where does SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC operate?
SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC is headquartered in Lamar, CO.
Who funded SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC recently?
In 2024, SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC received grants from COLORADO ASSOCIATION OF TRANSIT AGENCIES, THE COLORADO HEALTH FOUNDATION, and AARP. More information on this organization’s funders is available to registered users.
What is the largest grant SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC received in 2024?
The largest grant to SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC in 2024 exceeds $53 thousand.
What is SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC’s reliance on government grants?
SOUTHEAST COLORADO ENTERPRISE DEVELOPMENT INC relied on government grants for more than 55% of their total revenue in 2024.