Regional Development Alliance Inc

Filing Period

Jun 1, 2012 to May 31, 2013

Signed

Oct 23, 2013

Return Version

2012v2.3

Gross Receipts

$432,340

Mission

Major Activities

Activity 2

The bonneville revolving loan fund was established to assist small businesses that have been unsuccessful in obtaining financing from the private sector for a portion or all of a project. Amounts received from the u.s. Department of commerce economic development administration are targeted towards the creation and/or retention of local jobs, small business start-up or expansion, assisting businesses and promoting economic development activities.

Activity 3

The community reuse organization, inc. (cro) is a tax exempt organization under the internal revenue code section 501(c)(4) and was initiated under the u.s. Department of energy (doe) program to reuse personal and real property excessed from doe federal reservation facilities (national laboratories) for the purpose of revitalizing impacted communities. The program sprung from the defense reauthorization act of 1993 and the old 3161 programs and funds. Excess property (personal property primarily for this specific cro as opposed to real property, although real property could be excessed) is given (free) to the cro by doe as opposed to going to other state and federal agencies or being auctioned off. The excessed property is either sold at below market price to local businesses in the impacted area or is taken to auction and the proceeds used directly for economic development. The program is authorized by congress and managed by doe. Businesses use the equipment to expand and grow. As they grow, they hire more people.

Filer

EIN

84-1407698