Morrow Development Corporation
Provides low-interest loans for rural Oregon businesses and community projects. For fiscal year 2024 it reported $104K in revenue, $119K in expenses, and $4.3M in net assets.Pt I
- Type
- Membership association · Community Development
- Location
- Heppner, OR
- Filings
- 3 on file (2021–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
To promote economic development to the ten eastern most counties of rural oregon by providing long-term borrowings at low rates to lend to entities within those counties
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 88% | — | — |
| Overhead ratio | 12% | — | — |
| Revenue growth | -2% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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