Region 9 Economic Development District of Southwest Colorado Inc
501(c)(6)
Only null% goes to programs Strong reserves
Region 9 Economic Development District of Southwest Colorado Inc is a 501(c)(6) organization based in Durango, Colorado, registered in 1991, with $3,284,369 in FY2023 revenue. CharityIndex grades it B.
135 Burnett Dr Unit 1, Durango, CO, 81301 EIN 84-1125631 Since 1991
Revenue (FY2023)
$3.3M
▼ 7.4% vs prior year
Expenses (FY2023)
$3.0M
Net assets
$12.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Region 9 Economic Development District of Southwest Colorado Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating48 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Region 9 Economic Development District of Southwest Colorado Inc: 48 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Region 9 Economic Development District of Southwest Colorado Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Region 9 Economic Development District of Southwest Colorado Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.7M (FY2016) to $3.3M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $4.0MNet assets $12.2M
Operating margin
8.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.2M
Total liabilities
$4.0M
Net assets
$12.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,284,369▼7.4% | $3,015,917▲42.2% | $12,164,872▲2.3% | $16,189,667▲12.0% | 990 |
| 2022 | $3,547,087▼23.4% | $2,120,947▲45.6% | $11,896,420▲13.6% | $14,456,568▲7.7% | 990 |
| 2021 | $4,629,224▲54.6% | $1,456,832▲18.5% | $10,470,280▲43.5% | $13,418,748▲43.5% | 990 |
| 2020 | $2,993,754▲83.0% | $1,229,127▼16.8% | $7,297,888▲31.9% | $9,348,510▲17.6% | 990 |
| 2019 | $1,636,006▲12.8% | $1,476,439▲17.7% | $5,533,261▲3.0% | $7,948,312▲10.2% | 990 |
| 2018 | $1,450,761▲5.0% | $1,254,348▲28.4% | $5,373,694▲3.8% | $7,213,053▼2.1% | 990 |
| 2017 | $1,382,160▼18.3% | $976,965▼13.1% | $5,177,281▲8.5% | $7,367,857▲11.3% | 990 |
| 2016 | $1,691,103 | $1,123,813 | $4,772,086 | $6,620,352 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Region 9 Economic Development District of Southwest Colorado Inc a legitimate nonprofit?
- Yes. Region 9 Economic Development District of Southwest Colorado Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 84-1125631, based in Durango, Colorado.
- What is Region 9 Economic Development District of Southwest Colorado Inc's EIN?
- Region 9 Economic Development District of Southwest Colorado Inc's Employer Identification Number (EIN) is 84-1125631.
- How much revenue does Region 9 Economic Development District of Southwest Colorado Inc report?
- Region 9 Economic Development District of Southwest Colorado Inc reported $3,284,369 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Region 9 Economic Development District of Southwest Colorado Inc have?
- CharityIndex grades Region 9 Economic Development District of Southwest Colorado Inc B, based on financial health (reserves and operating margin).
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Data for Region 9 Economic Development District of Southwest Colorado Inc (EIN 84-1125631) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.