La Plata Economic Development Alliance

Community Development · Durango, Colorado

2301 Main Ave, Durango, CO 81301-4642

EIN: 841533334· Founded: Feb 20260· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$839K

Total Assets

$1.4M

Program Spending

35%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$122K

14.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$179K

Total Payroll

$301K

36% of total expenses

Where the Money Goes

35%

Programs: 35%

Payroll: 36%

Other overhead: 65%

Program Revenue$294K (22%)

Total Expenses$839K (62%)

Payroll$301K (36%)

Overhead (non-program)65%

Trust Score Breakdown

Program Spending Ratio

35% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$122K total officer comp (14.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.4M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.