Bonner County Economic Development Corp

“Expenses advertising/marketing 1,039 postage 148 insurance 565 prospect membership exp 513 bank charges 113 err program expense 63,258 non-investment depreciation 82 total 65,718”

“Accounts receivable 1,100 45,750 leasehold imp & office equipment 10,871 10,871 less accumulated depreciation 9,192 9,274 total 2,779 47,347”

“Accounts payable and accrued expenses 824 424”

“The mission of the organization is to work with others to develop a vibrant economy of diverse businesses and industries that offer quality job opportunities and help build prosperity for all in bonner county.”

“In 2020, the bonner county economic development was instrumental in community outreach to small business owners affected by covid-19. We updated our website to be a single source of resource references and communication that affected business owners and their employees. We secured a large sum of grant funding from a private/public entity and developed an outreach program where business owners could apply for assistance if they were having to adjust their business model due to covid, if they needed assistance with tax law updates due to covid, help in applying for and tracking covid governmental funding resources. We utilized local resources like cpas, marketing firms, it specialists, etc in our local communities to provide the services. This then helped our economy by supporting our local resources and helping the recipients of the funds grow their businesses. Thirty eight companies were helped by the funding and over twelve local resource companies utilized.”