PRAIRIE ROSE DEVELOPMENT CORP
EIN 85-1239978 · Small Business Development (S43)
What they do
Prairie Rose Development Successfully Launched A Statewide Kiva Hub for Colorado In Late 2021. Kiva is A Crowd-funded 0% Interest Rate Small Business Loan Program (loans In The Range of $1,000 to $15,000) for Otherwise Financially Excluded Entrepreneurs Looking to Create Socially Impactful Small Businesses That Have The Potential to Create Jobs In Their Local Communities. Two Part-time Bilingual Capital Access Managers Hired By Prairie Rose Have Provided Technical Assistance and Funding Help to More Than 500 Existing and Potential Small Business Owners Access The Kiva Program Since Prairie Rose Was Founded. Twenty Loans Totaling $202,000 Were Funded In 2025 By 3,774 Individual Lenders. Eighty-five Percent of All Loans Were Made to Woman-owned Businesses, 25% to Latino-owned Businesses, 20% to Black-owned Businesses, 35% to Rural-based Small Businesses, 30% or Recipient Borrowers Were Immigrants, and 45% of All Colorado Kiva Borrowers Indicated That Funds Would Be Used to Help Hire New
Financial picture
About this charity
- Recognized since
- October 2020
- Location
- 16765 County Road 3, Kirk, CO 80824
- County
- Yuma
- In care of
- Mike ODonnell
- Primary officer
- Mike ODonnell, Executive Director
How to reach them
Filing and classification
- Latest tax year
- 2025
- Tax period began
- January 1, 2025
- Return type
- 990EZ
- NTEE classification
- Small Business Development (S43)
- IRS tax category
- Small Business Development
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1