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EIN 84-4161380

Rural Development Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Casper
State
Wyoming
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The Rural Development Fund helps small businesses in Wyoming gain access to capital to grow, prosper, and create jobs. It collaborates with the U.S. Economic Development Administration (EDA) to lead the federal economic development agenda and promote competitiveness. The RDF's plans include fulfilling obligations for a $5 million revolving loan fund program and continuing to grow. It is located in Casper, WY.
Total revenues
$157,967
2022
Total expenses
$156,590
2022
Total assets
$3,151,536
2022
Num. employees
0
2022

Program areas at Rural Development Fund

The Rural Development Fund's (rdf) current and future plans are to fulfill the obligations set forth in the work plan submitted to the economic Development administration (eda) for a $5 million revolving loan Fund (rlf) program. Rdf plans to continue to grow its network of commercial lenders throughout Wyoming. Rdf's growth capital program purchases subordinated participations in partnership with commercial lenders into eligible projects. Rdf has 2.5 years remaining to deploy the revolving loan Fund $5 million allocation. Deploying the eda rlf is rdf's primary objective.a united states department of agriculture (usda) Rural business enterprise grant (rbeg) is also available for the rdf to deploy. This $170,000 Fund is available in campbell, crook, weston, niobrara, and converse counties. This Fund would deploy monies to eligible commercial businesses through a subordinated loan participation in partnership with a commercial lender. There is no time frame to deploy funds through this program, but rdf would like to have funds fully committed once the right project(s) arise.

Personnel at Rural Development Fund

NameTitle
Kathy LenzDirector

Financials for Rural Development Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$156,876
Investment income and dividends$1,091
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$157,967

Form 990s for Rural Development Fund

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990View PDF
Data update history
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 4 new personnel
May 21, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
2435 King Blvd
Casper, WY 82604
Metro area
Casper, WY
Website URL
wyomingrdf.org/p/contact.html 
Phone
(501) 223-3284
IRS details
EIN
84-4161380
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
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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