2024-11-15T12:38:56-06:00 2023-12-31 731413977 HOGANTAYLOR LLP 1225 N BROADWAY AVENUE SUITE 200 OKLAHOMA CITY OK 73103 990 2023-01-01 844161380 RURAL DEVELOPMENT FUND RURA 5012233284 2435 KING BLVD CASPER WY 82604 JILL KLINE DIRECTOR 5012233284 2024-11-14 1 0 ASHLEY M FOGLE P01258800 4058482020 2024-11-06 2023 2024-10-15 13:58:12Z JILL KLINE 2435 KING BLVD CASPER WY 82604 1880246 0 X WWW.WYOMINGRDF.ORG/P/CONTACT.HTML X 2020 WY THE MISSION OF THE RURAL DEVELOPMENT FUND IS TO HELP SMALL BUSINESSES IN WYOMING GAIN ACCESS TO CAPITAL TO GROW, PROSPER, AND CREATE JOBS. 3 3 0 3 0 0 0 1687631 156876 192244 1091 371 0 0 157967 1880246 0 0 0 0 0 0 0 0 0 156590 218622 156590 218622 1377 1661624 3151536 4533902 2502797 350519 648739 4183383 X THE MISSION OF THE U.S. ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) IS TO LEAD THE FEDERAL ECONOMIC DEVELOPMENT AGENDA BY PROMOTING COMPETITIVENESS AND PREPARING THE NATION'S REGIONS FOR GROWTH AND SUCCESS IN THE WORLDWIDE ECONOMY. AN AGENCY WITHIN THE U.S. DEPARTMENT OF COMMERCE, EDA MAKES INVESTMENTS IN ECONOMICALLY DISTRESSED COMMUNITIES IN ORDER TO CREATE JOBS FOR U.S. WORKERS, PROMOTE AMERICAN INNOVATION, AND ACCELERATE LONG-TERM SUSTAINABLE ECONOMIC GROWTH.THIS PROGRAM IS FUNDED UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT (PUBLIC LAW 116-136), WHICH PROVIDED EDA WITH $1.5 BILLION FOR ECONOMIC ASSISTANCE PROGRAMS TO HELP COMMUNITIES PREVENT, PREPARE FOR, AND RESPOND TO CORONAVIRUS. EDA CARES ACT RECOVERY ASSISTANCE, WHICH IS BEING ADMINISTERED UNDER THE AUTHORITY OF THE BUREAU'S FLEXIBLE ECONOMIC ADJUSTMENT ASSISTANCE (EAA) (PDF) PROGRAM, PROVIDES A WIDE-RANGE OF FINANCIAL ASSISTANCE TO ELIGIBLE COMMUNITIES AND REGIONS AS THEY RESPOND TO AND RECOVER FROM 0 0 176315 192244 THE RURAL DEVELOPMENT FUND'S (RDF) CURRENT AND FUTURE PLANS ARE TO FULFILL THE OBLIGATIONS SET FORTH IN THE WORK PLAN SUBMITTED TO THE ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) FOR A $5 MILLION REVOLVING LOAN FUND (RLF) PROGRAM. RDF PLANS TO CONTINUE TO GROW ITS NETWORK OF COMMERCIAL LENDERS THROUGHOUT WYOMING. RDF'S GROWTH CAPITAL PROGRAM PURCHASES SUBORDINATED PARTICIPATIONS IN PARTNERSHIP WITH COMMERCIAL LENDERS INTO ELIGIBLE PROJECTS. RDF HAS 2.5 YEARS REMAINING TO DEPLOY THE REVOLVING LOAN FUND $5 MILLION ALLOCATION. DEPLOYING THE EDA RLF IS RDF'S PRIMARY OBJECTIVE.A UNITED STATES DEPARTMENT OF AGRICULTURE (USDA) RURAL BUSINESS ENTERPRISE GRANT (RBEG) IS ALSO AVAILABLE FOR THE RDF TO DEPLOY. THIS $170,000 FUND IS AVAILABLE IN CAMPBELL, CROOK, WESTON, NIOBRARA, AND CONVERSE COUNTIES. THIS FUND WOULD DEPLOY MONIES TO ELIGIBLE COMMERCIAL BUSINESSES THROUGH A SUBORDINATED LOAN PARTICIPATION IN PARTNERSHIP WITH A COMMERCIAL LENDER. THERE IS NO TIME FRAME TO DEPLOY FUNDS THROUGH THIS PROGRAM, BUT RDF WOULD LIKE TO HAVE FUNDS FULLY COMMITTED ONCE THE RIGHT PROJECT(S) ARISE. 176315 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 WY X X THE ORGANIZATION 5012233284 13905 QUAIL CREEK POINTE DR SUITE A OKLAHOMA CITY OK 73134 X CHRISTI HASWELL DIRECTOR 1.00 X 0 0 0 JILL KLINE DIRECTOR 1.00 X 0 0 0 ROCKY S CASE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1687631 1687631 EDA LOAN INTEREST 900099 182439 182439 RBEG LOAN INTEREST 900099 9805 9805 192244 371 371 1880246 192244 0 371 126124 126124 15803 15803 23500 23500 1181 1181 419 419 5926 5926 BAD DEBT EXPENSE 37425 37425 INDIRECT COSTS 4701 4701 BANK SERVICE CHARGES 2472 2472 DUES & SUBSCRIPTIONS 532 532 539 539 218622 176315 42307 0 1306778 812447 0 71600 8696 1774 1836062 3648081 3151536 4533902 551277 57091 0 120904 1951520 172524 2502797 350519 X 0 0 0 0 648739 4183383 648739 4183383 3151536 4533902 1661624 1873020 0 X 0 0 0 X 1687631 1687631 48751 156876 192244 397871 48751 156876 1879875 2085502 0 0 0 2085502 1091 371 1462 1091 371 1462 48751 157967 1880246 2086964 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FUTURE DEVELOPMENT FUNDS 172524 172524 FORM 990, PART VI, SECTION A, LINE 8B RURAL DEVELOPMENT FUND HAS NO COMMITTEES. THE BOARD AS A WHOLE ACTS AS THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO, REVIEWED, AND APPROVED BY ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. THIS REVIEW INCLUDES AN OVERVIEW OF THE FORM AND DISCUSSION RELATED TO KEY SECTIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC AT WWW.GUIDESTAR.ORG.