Public nonprofit profile

REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC

OTTUMWA, IA · EIN 42-1359539

What this organization reports

Mission and public details

ADMINISTRATION of A REVOLVING LOAN FUND. OUR MISSION is to PROVIDE LOANS to BUSINESSES IN THE AREA BY ISSUING GAP FINANCING IN ORDER to LEVERAGE LOANS FROM BANKS and GRANTS FROM THE STATE. OUR OBJECTIVE is to USE THESE LOANS to INCREASE THE EMPLOYMENT BASE IN THE AREA. IN ADDITION, WE ALSO PROVIDED FORGIVABLE LOANS to BUSINESSES IN WAPELLO COUNTY, THESE FORGIVABLE LOANS ARE MADE IN ORDER to INCREASE BUSINESS and EMPLOYMENT IN THE AREA.

Organization: REGIONAL ECONOMIC DEVELOPMENT INVESTMENTS INC
EIN: 42-1359539
Address: PO BOX 1110, OTTUMWA, IA, 52501-7110
County: Wapello
Tax category: Civic and Social Organizations
NTEE classification: S31Z

Public filing snapshot

Financial information at a glance.

These figures reflect the latest values available in CharityEZ’s public record and may not represent the current year.

$2,359,640reported assets

$55,315reported revenue

$74,058reported expenses

$0reported contributions

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Data note: This profile organizes public nonprofit and IRS filing information for general research. It is not legal, tax, financial, or eligibility advice. Confirm current information with the organization and official sources.