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      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <GovernmentGrants>111043</GovernmentGrants>
      <AllOtherContributions>2000</AllOtherContributions>
      <TotalContributions>113043</TotalContributions>
      <ProgramServiceRevenue>
        <Description>MANAGEMENT FEES</Description>
        <BusinessCode>561439</BusinessCode>
        <TotalRevenueColumn>153289</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>153289</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>LOAN PROCESSING FEES</Description>
        <BusinessCode>525990</BusinessCode>
        <TotalRevenueColumn>3650</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>3650</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>EQUITY EARNINGS IN SCE</Description>
        <BusinessCode>525990</BusinessCode>
        <TotalRevenueColumn>-51721</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>-51721</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>105218</TotalProgramServiceRevenue>
      <OtherRevenueMisc>
        <Description>MISCELLANEOUS</Description>
        <BusinessCode>525990</BusinessCode>
        <TotalRevenueColumn>2274</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>2274</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <TotalOtherRevenue>2274</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>220535</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>107492</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
      </TotalRevenue>
      <OtherSalariesAndWages>
        <Total>161290</Total>
        <ProgramServices>161290</ProgramServices>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>9707</Total>
        <ProgramServices>9707</ProgramServices>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>28866</Total>
        <ProgramServices>28866</ProgramServices>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>24087</Total>
        <ProgramServices>24087</ProgramServices>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>2982</Total>
        <ProgramServices>2982</ProgramServices>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>3225</Total>
        <ProgramServices>3225</ProgramServices>
      </FeesForServicesAccounting>
      <FeesForServicesOther>
        <Total>2954</Total>
        <ProgramServices>2954</ProgramServices>
      </FeesForServicesOther>
      <Advertising>
        <Total>109</Total>
        <ProgramServices>109</ProgramServices>
      </Advertising>
      <OfficeExpenses>
        <Total>2056</Total>
        <ProgramServices>2056</ProgramServices>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>1909</Total>
        <ProgramServices>1909</ProgramServices>
      </InformationTechnology>
      <Occupancy>
        <Total>11256</Total>
        <ProgramServices>11256</ProgramServices>
      </Occupancy>
      <Travel>
        <Total>6578</Total>
        <ProgramServices>6578</ProgramServices>
      </Travel>
      <DepreciationDepletion>
        <Total>1822</Total>
        <ProgramServices>1822</ProgramServices>
      </DepreciationDepletion>
      <OtherExpenses>
        <Description>OTHER OPERATING EXPENSE</Description>
        <Total>5827</Total>
        <ProgramServices>5827</ProgramServices>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>262668</Total>
        <ProgramServices>262668</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>7425</BOY>
        <EOY>14828</EOY>
      </CashNonInterestBearing>
      <AccountsReceivable>
        <BOY>232770</BOY>
        <EOY>178815</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>130</BOY>
        <EOY>109</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>38058</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>30319</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>7290</BOY>
        <EOY>7739</EOY>
      </LandBuildingsEquipmentBasisNet>
      <TotalAssets>
        <BOY>247615</BOY>
        <EOY>201491</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>5601</BOY>
        <EOY>1610</EOY>
      </AccountsPayableAccruedExpenses>
      <TotalLiabilities>
        <BOY>5601</BOY>
        <EOY>1610</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>242014</BOY>
        <EOY>199881</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>242014</BOY>
        <EOY>199881</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>247615</BOY>
        <EOY>201491</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>-42133</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>0</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>0</AuditCommittee>
      <FinancialStatementBoth>X</FinancialStatementBoth>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>85412</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>105001</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>111696</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>116268</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>111043</CurrentTaxYear>
        <Total>529420</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>85412</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>105001</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>111696</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>116268</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>111043</CurrentTaxYear>
        <Total>529420</Total>
      </Total170>
      <PublicSupportTotal170>529420</PublicSupportTotal170>
      <OtherIncome170>
        <CurrentTaxYearMinus4Years>23087</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>3726</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>24787</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>352</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>7924</CurrentTaxYear>
        <Total>59876</Total>
      </OtherIncome170>
      <TotalSupport>589296</TotalSupport>
      <PublicSupportPertcentage170>0.89840</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.80980</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <Equipment>
        <OtherCostOrOtherBasis>29529</OtherCostOrOtherBasis>
        <Depreciation>21790</Depreciation>
        <BookValue>7739</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>8529</OtherCostOrOtherBasis>
        <Depreciation>8529</Depreciation>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>7739</TotalOfBookValueLandBuildings>
      <TotalRevenue>220535</TotalRevenue>
      <TotalExpenses>262668</TotalExpenses>
      <ExcessOrDeficitForYear>-42133</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>-42133</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>67246</TotRevenueEtcAuditedFinclStmt>
      <RevenueNotRptdF990>0</RevenueNotRptdF990>
      <RevenueSubtotal>67246</RevenueSubtotal>
      <OtherRevenuesNotIncluded>153289</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>153289</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>220535</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>109379</TotExpensesEtcAuditedFinclStmt>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>109379</ExpensesSubtotal>
      <OtherExpensesNotIncluded>153289</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>153289</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>262668</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>MANAGEMENT FEES</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XIII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>MANAGEMENT FEES</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 7A</ReturnReference>
        <Explanation>MEMBERS CONSIST OF COUNTIES IN SOUTHERN COLORADO, AND THOSE COUNTIES SELECT A REPRESENTATIVE FROM THE COUNTY TO BE ON THE BOARD.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>THE BOARD IS GIVEN AN ELECTRONIC COPY OF THE TAX RETURN TO REVIEW PRIOR TO THE RETURN BEING FILED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>A NEW CONFLICT OF INTEREST STATEMENT IS SIGNED EVERY YEAR AND DURING THE MEETINGS ALL VOTERS ARE ASKED OF ANY CONFLICTS WITH WHAT IS BEING VOTED ON.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15A</ReturnReference>
        <Explanation>THE BOARD EVALUATES THE EXECUTIVE DIRECTOR ON HIS/HER PERFORMANCE DURING THE YEAR TO DETERMINE IF COMPENSATION IS APPROPRIATE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION HAS THE INFORMATION AVAILABLE AT THEIR OFFICE DURING REGULAR BUSINESS HOURS (8AM TO 5PM MST MON-FRI).</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <LegalDomicileState>CO</LegalDomicileState>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>SCEDD DEVELOPMENT COMPANY</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>1104 N MAIN</AddressLine1>
          <City>PUEBLO</City>
          <State>CO</State>
          <ZIPCode>81003</ZIPCode>
        </AddressUS>
        <EIN>840996749</EIN>
        <PrimaryActivities>TO ASSIST POTENTIAL BUSINESSES WITH OBTAINING SBA LOANS IN COLORADO.</PrimaryActivities>
        <LegalDomicileState>CO</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>509(A)(2)</PublicCharityStatus>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>1</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>1</SharingOfFacilities>
      <SharingOfPaidEmployees>1</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>1</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>1</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SCEDD DEVELOPMENT COMPANY</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>J</TransactionType>
        <AmountInvolved>6000</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SCEDD DEVELOPMENT COMPANY</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>M</TransactionType>
        <AmountInvolved>0</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SCEDD DEVELOPMENT COMPANY</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>N</TransactionType>
        <AmountInvolved>153289</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SCEDD DEVELOPMENT COMPANY</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>O</TransactionType>
        <AmountInvolved>0</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SCEDD DEVELOPMENT COMPANY</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>P</TransactionType>
        <AmountInvolved>0</AmountInvolved>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>