The CIF is governed by an eleven member Board of Directors. Nine of the eleven are selected residents of the Palo Verde Valley who demonstrate a sincere interest and desire to assist in carrying out, promoting and fulfilling the purposes of this Corporation. The Directors are George Thomas, Chairman; Irma DeForest, 1st Vice Chairman; Jeff Gatchell, 2nd Vice-chairman; Mike Hudson, Secretary; and Jay Abbs, Treasurer; Floie Barrows, Tim Cox, Brad Robinson and Kime Williams are Directors At Large. Jack Seiler from the Palo Verde Irrigation District Board and Laura Lamdin from Metropolitan Water District are Designated (non-voting) Directors, representing their respective agencies.
There are five standing Committees comprised of Directors and members of the public. They help the Board with decision making and give guidance where appropriate.
Marilee Harkinson, a local resident, is the Chief Executive Officer.
George Thomas, CIF Chairman
The PVVCIF has a demonstrated ability to promote business development within the Palo Verde Valley and the City of Blythe. From the original $6M endowment from MWD the CIF Board has grown that money into a net CIF worth of over $7.9 million. Currently the CIF has loaned $6.25 million to the local business community and placed over $1.2 million in grants to non-profit organizations "to lessen the burden of government."
- Notable Grants given to local non-profit organizations include the City of Blythe Recreation Center, Regional Training Center, Police Activities League, Palo Verde College Truck Driving School, Appleby School PTO, Colorado River Fair, Junior Women's Club, Palo Verde Library, Palo Verde Historical Museum, Escuela de la Raza, Harmony Kitchen, Palo Verde Valley Transit Authority, KJMB Emergency Broadcast System and the Palo Verde Hospital.
A small sample of recently completed loan projects include the Dobbs/Ashley Furniture Store and Distribution Center, A&R Bakery, Subway, the new Hampton Inn and Suites, Palo Verde Hospital and Dobbs-Ashley Distribution Center. All CIF loans focus on job creation. Of the 28 loans given, 325 jobs have been preserved and 235 new jobs created.