Public Charity

MORROW DEVELOPMENT CORPORATION

Based in HEPPNER, OR, MORROW DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $104K in revenue, $119K in expenses, $5.0M in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $145K.

EIN: 931170796 HEPPNER, OR Latest filing: 2024
Total Revenue$104K
Total Expenses$119K
Total Assets$5.0M
Grant Records1
Funding Total$145K
Filing Years2019–2024

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN RURAL OREGON BY PROVIDING LONG-TERM BORROWINGS AT LOW RATES TO LEND TO ENTITIES WITHIN THOSE COUNTIES. MDC PROVIDES FINANCING ASSISTANCE FOR BUSINESS DEVELOPMENT AND COMMUNITY DEVELOPMENT PROJECTS IN MORROW COUNTY.

Sample Grants Received

2017
ASSIST MDC IN CARRYING OUT NONPROFIT MISSION OF SMALL BUSINESS DEVELOPMENT, JOB CREATION AND RETENTION IN MORROW COUNTY. MDC HAS ACCOMPLISHED THESE GOALS BY PROVIDING GAP FINANCING TO SMALL BUSINESSES IN MORROW COUNTY FOR OVER 20 YEARS, PROVIDING A VARIETY OF SHORT TERM AND LONG TERM LOANS TO MEET THEIR NEEDS. MDC REPORTS THE LOANS AND LOAN STATUS TO INLAND IN SUMMARY WITHOUT DISCLOSING CONFIDENTIAL INFORMATION.
$145,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Greg Smith
President Jerry Healy
Vice President John Moffit
BOARD MEMBER Karen Pettigrew
BOARD MEMBER Lisa Mittelsdorf
BOARD MEMBER Shane Lazinka

Officer compensation and complete director data available with membership.

Top Grant Purposes

ASSIST MDC IN CARRYING OUT NONPROFIT MISSION OF SMALL BUSINESS DEVELOPMENT, JOB CREATION AND RETENTION IN MORROW COUNTY. MDC HAS ACCOMPLISHED THESE GOALS BY PROVIDING GAP FINANCING TO SMALL BUSINESSES IN MORROW COUNTY FOR OVER 20 YEARS, PROVIDING A VARIETY OF SHORT TERM AND LONG TERM LOANS TO MEET THEIR NEEDS. MDC REPORTS THE LOANS AND LOAN STATUS TO INLAND IN SUMMARY WITHOUT DISCLOSING CONFIDENTIAL INFORMATION.
$145,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $104K $119K $5.0M
2023 $106K $130K $5.1M
2021 $157K $128K $5.4M
2020 $203K $126K $5.5M
2019 $286K $132K $5.5M

Between 2019 and 2024, reported annual revenue declined from $286K to $104K (-64%), with total assets most recently reported at $5.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MORROW DEVELOPMENT CORPORATION

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