Routt County Economic Development Partnership
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The purpose(s) of the Partnership is to improve the quality of life and economic well-being across Routt County by: (i) enabling business and job retention to increase employment and improve the public welfare, (ii) promoting and assisting the growth and development of small business, (iii) supporting community projects to revitalize and protect the economy, and (iv) working with governmental agencies and private efforts to achieve these purposes.
- Income
- $436,373
- Spending
- $435,248
- Spent on programs
- 87%
- Reserves
- 0 months of spending
- Largest source of income
- government grants, 84%
- Employees
- 0
- Volunteers
- 10
- Highest pay
- $99,225, executive dir.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 17% of charities in its peer group (community improvement, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
2 of 20It owes 99% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 22% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 92% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $377,463 spent. In 2023, the Routt County Economic Development Partnership (RCEDP) drove economic sustainability and industry diversification with a portfolio of programs, including the Yampa Valley Entrepreneurship Center (YVEC), Business Retention & Expansion (BR&E), and Key Industries initiatives.The YVEC program fostered the next generation of businesses by providing business counseling sessions, educational seminars, and a business plan competition. These efforts resulted in the successful launch of new startups.Our BR&E program focused on supporting existing primary businesses, offering crucial technical, financial, networking, and regulatory assistance. This support is essential for ensuring their continued sustainability and facilitating expansion opportunities.Recognizing the importance of industry diversification, the Key Industries program focused on strategic sectors. Notably, we coordinate a local outdoor recreational gear and product trade group, among others, to foster collaboration and mutual support among businesses in this vital industry.This work underscores RCEDP's commitment to enhancing Routt County's economic vitality. By fostering entrepreneurship, bolstering existing businesses, and promoting collaboration and innovation, we are building a prosperous economic future for our community. We look forward to expanding our impact in the coming year.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.