EIN 82-0367289

Priest River Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
1
City
Priest River
State
Year formed
1981
Most recent tax filings
2023-12-01
Description
Priest River Development Corporation facilitates employment diversification and provides properly zoned commercial property to support business growth, development, and future job opportunities for the community. They provide support to qualifying community projects, charities, and existing businesses in order to assist with employment opportunities and diversification within this rural community. The corporation rents sites within a 31-acre industrial park to active businesses that encourage employment.
Total revenues
$217,125
2023
Total expenses
$186,194
2023
Total assets
$1,440,181
2023
Num. employees
1
2023

Program areas at Priest River Development Corporation

Provided support to qualifying community projects charities and existing businesses to assist in employment opportunities and diversification within this rual community.rental of sites within 31 acre industrial park to active businesses that enoucrage employment activities and increase quality job opportunities in the area. Enhanced economic and business opportunities by supporting new business Development and infrastructure improvements within the Priest River area. Additional support provided to local chambers of commerce local nonprofits and youth education to encourage further economic growth and nurture the future opportunities available to the community.

Grants made by Priest River Development Corporation

GranteeGrant descriptionAmount
Foundation for the Rex Theater CorporationTo Support New Business in Community$13,718

Personnel at Priest River Development Corporation

NameTitleCompensation
Chad SummersDirector$0

Financials for Priest River Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$211,078
Investment income and dividends$6,047
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$217,125

Form 990s for Priest River Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2018-122020-01-30990View PDF
...and 9 more Form 990s

Organizations like Priest River Development Corporation

OrganizationLocationRevenue
McDowell County Economic Development AuthorityWelch, WV$775,082
Orr Economic Development CouncilOrr, MN$86,259
Downtown Hutchinson Revitalization PTRHutchinson, KS$241,755
Community Improvement CorporationWilmington, OH$96,300
Hanford Main Street ProgramHanford, CA$155,441
North Hollywood Business Improvement DistrictNorth Hollywood, CA$742,681
Garrison Area Improvement AssociationGarrison, ND$695,960
Kings County Economic Devolpment CorpHanford, CA$368,011
Ripley Downtown Development CorporationRipley, TN$653,930
Nebraska City Area Economic Development CorporationNebraska City, NE$503,669
Data update history
February 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelNo full-time employees
General information
Address
PO Box 400
Priest River, ID 83856
County
Bonner County, ID
Website URL
priestriveredc.com/ 
IRS details
EIN
82-0367289
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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