Colorado · Nonprofit
PRAIRIE DEVELOPMENT CORPORATION
PRAIRIE DEVELOPMENT CORPORATION (Colorado) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being EL POMAR FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $231k
- Funders on record
- 1
- Grants received
- $10k
- Net assets
- $3.9M
What Prairie Development Corporation does
Mission
Loans for low-income housing to individuals and businesses. Low-income loans and loan guarantees for housing rehab, business start-up and related support services.
As stated on its FY2025 Form 990.
Programs
Economic development programs - guaranteed and direct loans up to 150,000 to businesses; Prairie Development Corporation may loan 35,000 per each fte position of which 51% must be offered or filled by low-moderate income qualified people. Prairie Development Corporation is not a primary lender and many loans are made in partnership with banks and/or other financial institutions in the local area. In addition, Prairie Development Corporation is involved with the marketing of tourism for the region to bring dollars to the communities and to help support job stability. During 2025, one new business loan was closed for 60,000 which created three fte positions.
$114,621 spent$1,786 earned by the program73% of program spendingCommunity housing programs - low or no interest loans to low-moderate income persons for rehabilitation of owner-occupied housing. Prairie Development Corporation also has an emergency home repair loan program and down payment assistance loan program for first time homebuyers meeting low-moderate income guidelines. Prairie Development Corporation may also elect to purchase vacant single-family homes in need of rehabilitation, make the needed repairs and resell them to income qualified first time homebuyers. During 2025, no housing loans were closed.
$14,003 spent9% of program spendingOffice and apartment rental - prairie development leases two apartments and sublets office space to the east central council of governments and the home agency (insurance company).
$27,955 spent$39,432 earned by the program18% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $156,579.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $2.6M to $3.5M (+36%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 34% · 2018 56% · 2019 26% · 2020 89% · 2021 12% · 2022 97% · 2023 55% · 2024 28% · 2025 30%. Grants only. Government contracts and fees sit inside program revenue.
30% of PRAIRIE DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Ed Rarick
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of PRAIRIE DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of PRAIRIE DEVELOPMENT CORPORATION's grant income comes from Colorado funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PRAIRIE DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like PRAIRIE DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for PRAIRIE DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PRAIRIE DEVELOPMENT CORPORATION?
- PRAIRIE DEVELOPMENT CORPORATION (Colorado) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being EL POMAR FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- How many funders does PRAIRIE DEVELOPMENT CORPORATION have?
- IRS filings report 1 organization giving $10,000 in grants to PRAIRIE DEVELOPMENT CORPORATION.
- Who is the largest funder of PRAIRIE DEVELOPMENT CORPORATION?
- EL POMAR FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like PRAIRIE DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing