Overview
What is Delval Business Finance Corporation?
Delval Business Finance Corporation is a nonprofit organization situated in Bethesda, Maryland. They specialize in issuing U.S. Small Business Administration loans, aiming to foster small business growth and development. Their mission is centered around providing advisory small business loans. By doing so, they contribute positively to the local economy and help new businesses take root.
Is Delval Business Finance Corporation legitimate?
Delval Business Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Delval Business Finance Corporation submitted a form 990EZ, 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.
What is the mission statement of Delval Business Finance Corporation?
Delval Business Finance Corporation's mission is centered around promoting small business growth and formation. They achieve this by issuing U.S. Small Business Administration loans, serving as an advisory entity for these loans. The corporation's goal is to facilitate the development of small businesses, contributing to the economy and employment opportunities. While not explicitly stated, one can infer that their mission also includes providing financial support and guidance to these businesses, aiding in their successful operation.
Who is the CEO of Delval Business Finance Corporation?
Michael Schwartz is the President of Delval Business Finance Corporation.
What is the revenue of Delval Business Finance Corporation?
Delval Business Finance Corporation's revenue in 2021 was $0.
Who are the executives of Delval Business Finance Corporation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Delval Business Finance Corporation?
Delval Business Finance Corporation's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Delval Business Finance Corporation
Delval Business Finance Corporation, a nonprofit organization, is dedicated to promoting small business growth and formation. It achieves this mission by issuing U.S. Small Business Administration loans. The corporation's primary goal is to provide advisory small business loans, aiming to stimulate economic development and entrepreneurship. By offering these loans, Delval Business Finance Corporation plays a crucial role in supporting small businesses, which are the backbone of many communities and economies.
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Impact
October, 2024
Delval Business Finance Corporation significantly impacts the local economy by issuing U.S. Small Business Administration loans designed to foster small business growth and development. By providing advisory services alongside financial support, the corporation plays a critical role in helping entrepreneurs navigate the complexities of starting and expanding their businesses. Located in Bethesda, MD, Delval empowers small businesses, which are essential for job creation and economic vitality in the community. This focused assistance not only improves access to capital for business owners but also contributes to a more robust and diverse economic landscape, ultimately enhancing the overall prosperity of the region.
This information is meant to be a general summary of Delval Business Finance Corporation. 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 2021.
Assets and Liabilities:
- Total Assets: $160,106
- Total Liabilities: $0
- Net Assets: $160,106
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Organization Details
Phone
(301) 320-6353Principal Officer
Michael Schwartz
Main Address
5217 Crown Street, Bethesda, MD, 20816
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