Itc Rural Economic Development Inc.
Itc Rural Economic Development Inc.
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About this organization
Mission
Provide low interest loans to enhance vitality of rural communities.
About
ITC REDI had loans receivable from a total of 7 companies/individuals as of December 31, 2019. The loans were for medical care, education, and telecommunications for rural development, job creation, and improving rural infrastructure.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “Intent - to provide low interest loans to businesses and communities for the purpose of adding value, employment, and rural community opportunities. proposals may include healthcare, environmental, educational, and safety-related projects.”.
Their activities were defined as: “Provide low interest loans to enhance vitality of rural communities.”.
- As per legal requirements, the non-profit's state of operation is reported as SD.
- The non-profit's address in 2020 as per the filing is PO BOX 920, CLEAR LAKE, SD, 57226.
- The form of the non-profit organization shows 0 employees as of 2020.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$37,691.
- The organization has 5 independent voting members.
- The organization was formed in 2001.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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