Nonprofit · EIN 84-0732616
PIKES PEAK REGIONAL DEVELOPMENT CORPORATION
Tax-exempt · COLORADO SPGS, CO 80903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,390,654 | $1,086,672 | $303,982 | $6,540,767 | $158,309 | $6,382,458 |
| September 30, 2024 | 990 | $1,311,067 | $1,134,685 | $176,382 | $6,241,026 | $162,550 | $6,078,476 |
| September 30, 2023 | 990 | $1,278,286 | $1,049,595 | $228,691 | $6,076,808 | $174,714 | $5,902,094 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,372,582
- Investment income
- -$280
- Net gain from sales of assets
- -$280
- Other revenue
- $18,352
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $327,150
- Other salaries and wages
- $348,223
- Salaries, compensation and benefits (total)
- $805,752
- Professional fundraising fees
- $0
- Occupancy
- $11,981
- Travel
- $48,434
- Depreciation
- $52,293
- Program services (functional)
- $1,033,093
- Management and general (functional)
- $53,579
Balance sheet and other
- Total assets, start of year
- $6,241,026
- Total assets, end of year
- $6,540,767
- Total liabilities, end of year
- $158,309
- Net assets, end of year
- $6,382,458
- Land, buildings and equipment
- $880,409
- Net assets without donor restrictions
- $6,382,458
- Gross receipts
- $1,415,119
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1975
- State of legal domicile
- CO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Douglas Adams | Executive Director Officer | 40 | $267,463 | $32,642 |
| Linda Buckley | Treasurer Officer | 0.5 | $2,200 | $0 |
| Frank O Barber | Director Trustee or director | 0.5 | $2,000 | $0 |
| David Parker | Director Trustee or director | 0.5 | $1,900 | $0 |
| Don Bates | Director Trustee or director | 0.5 | $1,900 | $0 |
| Mason R Porter | Secretary Officer | 0.5 | $1,900 | $0 |
| Jack Hood | Director Trustee or director | 0.5 | $1,800 | $0 |
| Kathryn A Wallace | Vice President Trustee or director, Officer | 0.5 | $1,800 | $0 |
| Bill Berenz | President Trustee or director, Officer | 0.5 | $1,800 | $0 |
| James P Oaks | Director Trustee or director | 0.5 | $1,600 | $0 |
| William Hazelton | Director Trustee or director | 0.5 | $1,300 | $0 |
| Daniel Grosdidier | Director Trustee or director | 0.5 | $0 | $0 |
| David Porter | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Douglas Adams | Executive Director Officer | 40 | $249,112 | $48,822 |
| DeAnne McCann | President Trustee or director, Officer | 0.5 | $3,600 | $0 |
| Jack Hood | Director Trustee or director | 0.5 | $1,900 | $0 |
| William Hazelton | Director Trustee or director | 0.5 | $1,900 | $0 |
| Mason R Porter | Director Trustee or director | 0.5 | $1,900 | $0 |
| Kathryn A Wallace | Treasurer Trustee or director, Officer | 0.5 | $1,900 | $0 |
| Frank O Barber | Director Trustee or director | 0.5 | $1,800 | $0 |
| Don Bates | Director Trustee or director | 0.5 | $1,800 | $0 |
| Linda D Buckley | Vice President Trustee or director, Officer | 0.5 | $1,800 | $0 |
| James P Oaks | Director Trustee or director | 0.5 | $1,800 | $0 |
| David Parker | Director Trustee or director | 0.5 | $1,700 | $0 |
| Bill Berenz | Secretary Officer | 0.5 | $1,700 | $0 |
990 for the year ended September 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Douglas Adams | Executive Director Officer | 40 | $245,813 | $65,722 |
| Jack Hood | Director Trustee or director | 0.5 | $3,400 | $0 |
| DeAnne McCann | President Trustee or director, Officer | 0.5 | $2,500 | $0 |
| David Parker | Director Trustee or director | 0.5 | $2,300 | $0 |
| Frank O Barber | Director Trustee or director | 0.5 | $2,300 | $0 |
| Linda D Buckley | Vice President Trustee or director, Officer | 0.5 | $2,300 | $0 |
| Mason R Porter | Director Trustee or director | 0.5 | $2,300 | $0 |
| Kathryn A Wallace | Treasurer Trustee or director, Officer | 0.5 | $2,300 | $0 |
| William Hazelton | Director Trustee or director | 0.5 | $2,200 | $0 |
| Don Bates | Director Trustee or director | 0.5 | $2,200 | $0 |
| Bill Berenz | Secretary Officer | 0.5 | $2,200 | $0 |
| James P Oaks | Director Trustee or director | 0.5 | $2,100 | $0 |
Address and contacts
- Address (IRS master file)
- 322 S CASCADE AVE, COLORADO SPGS, CO 80903-3804
- Principal officer (990 for 2024)
- Douglas Adams, 322 S Cascade Ave, Colorado Springs, CO 80903
- Signed the 990
- Douglas Adams, Executive Director
- Phone
- (719) 471-2044
- Website
- www.pprdc.com
- Return prepared by
- Hoelting & Company Inc
Mission
To enhance economic opportunity for all citizens of Teller county, and throughout the state of Colorado by providing financial assistance; to create and maintain jobs; to promote the start-up, survival, and growth of businesses; to assist in redevelopment; and to diversify and strengthen the state and county's economic base within the limits of the resources available to the Organization.
Program accomplishments
- Provide financial assistance to small businesses in order to promote local job creation and redevelopment strategies throughout our service area by utilizing the SBA 504 loan program and private revolving loan funds.Expenses $1,033,093 · revenue $1,390,654
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 84-0732616
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,540,767
- Income (IRS master file)
- $1,415,119
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,390,654 | $1,086,672 | $6,540,767 | XML |
| 990 | September 2024 | $1,311,067 | $1,134,685 | $6,241,026 | XML |
| 990 | September 2023 | $1,278,286 | $1,049,595 | $6,076,808 | XML |
| 990 | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-0732616).
Questions about PIKES PEAK REGIONAL DEVELOPMENT CORPORATION
- What is the EIN of PIKES PEAK REGIONAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PIKES PEAK REGIONAL DEVELOPMENT CORPORATION is 84-0732616.
- Is PIKES PEAK REGIONAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1977.
- Are donations to PIKES PEAK REGIONAL DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PIKES PEAK REGIONAL DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PIKES PEAK REGIONAL DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PIKES PEAK REGIONAL DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of PIKES PEAK REGIONAL DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 names Douglas Adams.
- Who are the officers and directors of PIKES PEAK REGIONAL DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 lists 13 people; 11 received compensation from the organization, the highest $267,463 (Douglas Adams, Executive Director).
- How much revenue does PIKES PEAK REGIONAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,390,654, expenses of $1,086,672 and total assets of $6,540,767 at year end.
Other nonprofits in COLORADO SPGS
- YOUNG LIFE EIN 84-0385934 · last filed 990 for 2025
- HEXAGON FOUNDATION EIN 92-0520319 · last filed 990 for 2024
- CHRISTIAN COMMUNITY FOUNDATION INC EIN 75-1750059 · last filed 990 for 2025
- COLORADO COLLEGE TH EIN 84-0402510 · last filed 990 for 2025
- GOODWILL OF COLORADO EIN 84-0513404 · last filed 990 for 2024
- MOUNTAIN WEST CONFERENCE EIN 84-1472434 · last filed 990 for 2025
- ROCKY MOUNTAIN HEALTH CARE SERVICES EIN 84-0765729 · last filed 990 for 2024
- PEAK VISTA COMMUNITY HEALTH CENTERS EIN 84-0617567 · last filed 990 for 2024