Overview
What is South Eastern Economic Development Company Of Pennsylvania?
South Eastern Economic Development Company of Pennsylvania is a nonprofit organization situated in Exton, Pennsylvania. With a mission to foster industrial and commercial growth in the southeastern region of the state, they primarily administer and process Small Business Administration (SBA) 504 loans for eligible small businesses. In addition, they serve as a lender service provider for SBA 7A loans for banks. Their primary goal is to provide financing through U.S. Small Business Administration loan programs for new, expanded, and rehabilitated industrial and commercial projects in the area.
Official website here: www.seedcopa.com
Is South Eastern Economic Development Company Of Pennsylvania legitimate?
South Eastern Economic Development Company Of Pennsylvania is a legitimate nonprofit organization registered as a 501(c)(6) entity. South Eastern Economic Development Company Of Pennsylvania 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.seedcopa.com
What is the mission statement of South Eastern Economic Development Company Of Pennsylvania?
The South Eastern Economic Development Company of Pennsylvania aims to foster the industrial and commercial growth in the region. They accomplish this by providing financing options through the U.S. Small Business Administration loan programs, specifically for new, expanded, and rehabilitated industrial and commercial projects. The organization's activities extend beyond just loan administration, as they also serve as a lender service provider, processing and servicing SBA 7A loans for banks. This commitment to small businesses in the southeastern Pennsylvania area contributes to the overall economic development of the region.
Official website here: www.seedcopa.com
Who is the CEO of South Eastern Economic Development Company Of Pennsylvania?
Gary Smith is the Executive Director of South Eastern Economic Development Company Of Pennsylvania.
Official website here: www.seedcopa.com
What is the revenue of South Eastern Economic Development Company Of Pennsylvania?
South Eastern Economic Development Company Of Pennsylvania's revenue in 2022 was $1,651,017.
Official website here: www.seedcopa.com
Who are the executives of South Eastern Economic Development Company Of Pennsylvania and what are their salaries?
Here are 20 key members and their salaries:
- 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
- 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
- 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
- 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
Official website here: www.seedcopa.com
Where can I find the form 990 for South Eastern Economic Development Company Of Pennsylvania?
South Eastern Economic Development Company Of Pennsylvania's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seedcopa.com
Learn more at the official website: www.seedcopa.com
Mission Statement of South Eastern Economic Development Company Of Pennsylvania
The South Eastern Economic Development Company of Pennsylvania, abbreviated as SEEDCO, is dedicated to fostering the industrial and commercial growth of Southeastern Pennsylvania. To achieve this mission, SEEDCO provides financing opportunities through the U.S. Small Business Administration (SBA) loan programs. These loans are available for new, expanded, and rehabilitated industrial and commercial projects. By offering these financing options, SEEDCO aims to stimulate economic development and promote business growth within the region. In addition to administering SBA 504 loans, SEEDCO also acts as a lender service provider, processing and servicing SBA 7A loans for banks. This dual role allows SEEDCO to extend its financial support and resources to a broader range of small businesses in Southeastern Pennsylvania, contributing to the region's economic growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The South Eastern Economic Development Company of Pennsylvania plays a pivotal role in fostering industrial and commercial growth in the region. By administering and processing SBA 504 loan programs, it provides essential financing to small businesses, enabling them to expand, rehabilitate, or establish new operations.
The organization also serves as a lender service provider for SBA 7(a) loans, creating additional access to capital for local businesses. This support not only enhances the economic landscape of Southeastern Pennsylvania but also promotes community improvement by assisting in the development of vital industrial and commercial projects.
Through its efforts, the company significantly contributes to job creation, economic stability, and the overall vitality of the region, making it an integral part of the local economy.
This information is meant to be a general summary of South Eastern Economic Development Company Of Pennsylvania. 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 2022.
- Investment Income: $5,069
- Program Service Revenue: $1,645,948
- Gross Receipts: $1,651,017
Assets and Liabilities:
- Total Assets: $4,125,560
- Total Liabilities: $1,153,022
- Net Assets: $2,972,538
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$905,834
PROCESSING FEES
Revenue
$553,934
SSBCI LOAN REVENUE
Revenue
$114,625
SBA PROGRAM FEES/INTER
Revenue
$71,555
Organization Details
Founding Year
1983
Phone
(610) 458-5700Principal Officer
Gary Smith
Main Address
737 CONSTITUTION DRIVE, EXTON, PA, 19341
Website
www.seedcopa.comNTEE Category
Code: S30 - Community improvement
If you are a representative of South Eastern Economic Development Company Of Pennsylvania and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.