Overview
What is The Valley Center Opportunity Zone?
The Valley Center Opportunity Zone (VCOZ) is a nonprofit organization situated in Las Vegas, Nevada. Its primary mission is to offer grant assistance to small businesses that have difficulty securing funding from traditional lenders. By receiving grants, 17 such businesses have been able to receive aid. The VCOZ employs a team of two individuals, dedicated to supporting the local business community.
Is The Valley Center Opportunity Zone legitimate?
The Valley Center Opportunity Zone is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Valley Center Opportunity Zone submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $36,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,901
For more financial information, click here
What is the mission statement of The Valley Center Opportunity Zone?
The Valley Center Opportunity Zone (VCOZ) serves as a resource, providing grant assistance to small businesses that have been overlooked by traditional lenders. This organization's mission is geared towards bridging the financial gap for such businesses, thereby promoting entrepreneurship and economic growth within the community. Through the grants it dispenses, VCOZ has aided 17 small businesses in their operations.
Who is the CEO of The Valley Center Opportunity Zone?
Peter Guzman is the President Ceo of The Valley Center Opportunity Zone. The CEO's salary of The Valley Center Opportunity Zone is $36,346 and their total compensation is $36,346.
What is the revenue of The Valley Center Opportunity Zone?
The Valley Center Opportunity Zone's revenue in 2023 was $215,197.
Who are the executives of The Valley Center Opportunity Zone and what are their salaries?
The average compensation at The Valley Center Opportunity Zone during 2023 was $26,124. There are 2 employees at The Valley Center Opportunity Zone.
Here are 6 key members and their salaries (The Valley Center Opportunity Zone's CEO's salary is $36,346 and their total compensation is $36,346):
- Compensation: $36,346
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Valley Center Opportunity Zone?
The Valley Center Opportunity Zone's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Valley Center Opportunity Zone
The Valley Center Opportunity Zone, abbreviated as VCOZ, serves a unique role in the business community. Recognizing that traditional lenders often overlook small businesses, VCOZ steps in to provide grant assistance. This mission is crucial, as it empowers these businesses that may not have the opportunity to secure funding elsewhere. By offering grant assistance, VCOZ plays a significant role in fostering growth and development within the small business sector. The organization has successfully aided 17 such businesses through the grants it has received.
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Impact
October, 2024
The Valley Center Opportunity Zone (VCOZ) significantly impacts the local economy by providing essential grant assistance to small businesses in Las Vegas that traditional lenders often overlook. By supporting these businesses, VCOZ fosters entrepreneurship and promotes community improvement, leading to job creation and economic diversification within the area. The program has successfully helped 17 small businesses thrive, demonstrating its crucial role in empowering entrepreneurs and reinforcing the local business ecosystem. This targeted assistance not only aids individual business owners but also contributes to the overall vitality and resilience of the Las Vegas community.
This information is meant to be a general summary of The Valley Center Opportunity Zone. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Gross Receipts: $215,197
Assets and Liabilities:
- Total Assets: $74,136
- Total Liabilities: -$2,181
- Net Assets: $76,317
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Organization Details
Founding Year
2006
Phone
(702) 384-8269Principal Officer
Peter Guzman
Main Address
300 NORTH 13TH STREET, LAS VEGAS, NV, 89101
NTEE Category
Code: S31 - Community improvement
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