Priest River Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820367289 ✦ Priest river, ID ✦ Designated as a 501(c)(6)

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Overview

What is Priest River Development Corporation?

Priest River Development Corporation is a nonprofit organization situated in Priest River, Idaho. Their primary mission is to stimulate employment growth and diversification in the area by offering support to eligible community projects, charities, and existing businesses. They achieve this by renting out sites within a 31-acre industrial park to active businesses that foster employment activities and enhance quality job opportunities. Additionally, they contribute to the community's economic and business development by supporting new business development and infrastructure improvements within the Priest River area. Furthermore, they extend their reach to local chambers of commerce, nonprofits, and youth education to encourage further economic growth and nurture future opportunities for the community. The organization is managed by a single employee.


Official website here: www.priestriveredc.com

Is Priest River Development Corporation legitimate?

Priest River Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Priest River Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $18,176
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.priestriveredc.com

What is the mission statement of Priest River Development Corporation?

The Priest River Development Corporation's mission is to foster employment diversification in the specified area. They achieve this by offering properly zoned commercial property at affordable prices, thereby supporting business growth, development, and future job opportunities for the community. The corporation provides assistance to qualifying projects, charities, and existing businesses, helping to create employment opportunities and diversification within the rural community. They also rent sites within a 31-acre industrial park to active businesses that encourage employment activities and increase quality job opportunities. By supporting new business development and infrastructure improvements, the corporation enhances economic and business opportunities within the area. Additional support is extended to local chambers of commerce, local nonprofits, and youth education to further stimulate economic growth and nurture future opportunities for the community.


Official website here: www.priestriveredc.com

Who is the CEO of Priest River Development Corporation?

Greg Snow is the President of Priest River Development Corporation.


Official website here: www.priestriveredc.com

What is the revenue of Priest River Development Corporation?

Priest River Development Corporation's revenue in 2022 was $177,035.


Official website here: www.priestriveredc.com

Who are the executives of Priest River Development Corporation and what are their salaries?

The average compensation at Priest River Development Corporation during 2022 was $18,176. There is 1 employee and 10 volunteers at Priest River Development Corporation.


Here are 10 key members and their salaries:


Katlyn Ward (Employee)
  • Compensation: $18,176
  • Related: $0
  • Other: $0
Lijah Manus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Wagoner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Weimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel W Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Negle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Callos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Cash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Snow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Summers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.priestriveredc.com

Where can I find the form 990 for Priest River Development Corporation?

Priest River Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.priestriveredc.com

Learn more at the official website: www.priestriveredc.com

Mission Statement of Priest River Development Corporation

The Priest River Development Corporation, as a nonprofit organization, is committed to fostering employment diversity in its respective community. Their primary mission is to provide properly zoned commercial property at reasonable costs, thereby supporting business growth and development, and subsequently, creating future job opportunities. By offering this support, the organization aims to facilitate the diversification of employment opportunities within the area.

In addition to this, the Priest River Development Corporation extends its assistance to qualifying community projects, charities, and existing businesses. Their goal is to help create employment opportunities and diversification within this rural community. Furthermore, they rent out sites within their 31-acre industrial park to active businesses that encourage employment activities and increase the quality of job opportunities in the area.

By enhancing economic and business opportunities, the Priest River Development Corporation supports new business development and infrastructure improvements within the community. This commitment to development and growth not only benefits the current community but also nurtures future opportunities for the area. Additionally, they provide support to local chambers of commerce, local nonprofits, and youth education, which in turn fosters further economic growth.

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Impact




October, 2024

Priest River Development Corporation plays a crucial role in enhancing the economic landscape of the Priest River area. By facilitating the diversification of employment opportunities, it addresses the community’s need for a broader range of job prospects, which is vital in a rural setting.

The organization provides access to appropriately zoned commercial properties at reasonable costs, making it easier for businesses to establish themselves and grow within the region. This effort not only supports existing businesses but also attracts new enterprises, fostering an environment conducive to job creation.

Additionally, the corporation manages a 31-acre industrial park that enables active businesses to thrive, encouraging employment activities and enhancing the quality of job opportunities available. It also supports community projects, charities, and the local chambers of commerce, which further strengthens the local economy.

Beyond immediate economic benefits, Priest River Development Corporation invests in youth education initiatives, nurturing future opportunities for the community. This comprehensive approach to economic development ensures that the Priest River area can sustain and improve its employment landscape for years to come.




This information is meant to be a general summary of Priest River Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$177,035 (2022)
Expenses
$179,491 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,583
  • Program Service Revenue: $171,452
  • Gross Receipts: $177,035

Assets and Liabilities:

  • Total Assets: $1,395,813
  • Total Liabilities: $46,763
  • Net Assets: $1,349,050

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COMMERCIAL RENTAL

Revenue

$171,452

Organization Details

Founding Year

1981

Principal Officer

Greg Snow

Main Address

PO BOX 400, PRIEST RIVER, ID, 83856

NTEE Category

Code: S31 - Community improvement

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