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Marshall County Partnership For Growth Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272841461 ✦ Marysville, KS ✦ Designated as a 501(c)(6)

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Overview

What is Marshall County Partnership For Growth Inc?

Marshall County Partnership for Growth Inc is a nonprofit organization situated in Marshall County, Kansas, dedicated to fostering economic development. They achieve this by providing micro-loans to small businesses and startups within the county, utilizing a revolving loan fund. As loans are repaid, new loans become available. Beyond financial assistance, they offer non-financial support to these businesses, ensuring their sustained growth and success.

Is Marshall County Partnership For Growth Inc legitimate?

Marshall County Partnership For Growth Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Marshall County Partnership For Growth Inc 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 Marshall County Partnership For Growth Inc?

Marshall County Partnership for Growth Inc. is dedicated to fostering economic growth in its jurisdiction. The organization accomplishes this by providing both financial and non-financial support to small and startup businesses. They achieve this through a revolving loan fund, where repaid loans can be used to issue new loans. Beyond financial assistance, the organization offers additional aid to these businesses, contributing to the overall economic development of the area.

Who is the CEO of Marshall County Partnership For Growth Inc?

Frank L Shoemaker is the Treasurer of Marshall County Partnership For Growth Inc.

What is the revenue of Marshall County Partnership For Growth Inc?

Marshall County Partnership For Growth Inc's revenue in 2022 was $109,175.

Who are the executives of Marshall County Partnership For Growth Inc and what are their salaries?


Here are 4 key members and their salaries:


Kenneth Kickhaefer (Co President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Stoll (Co-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank L Shoemaker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chrystal Porter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Marshall County Partnership For Growth Inc?

Marshall County Partnership For Growth Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Marshall County Partnership For Growth Inc

Marshall County Partnership for Growth is an organization committed to promoting economic development within Marshall County, Kansas. Their mission is twofold: they provide financial assistance to small and startup businesses in the form of micro-loans, utilizing a revolving loan fund. As repayments are made, this fund is replenished, allowing for further loans to be issued. Beyond financial aid, the organization also offers non-financial support to these businesses, contributing to their overall success. This holistic approach to economic development allows Marshall County Partnership for Growth to contribute significantly to the growth and prosperity of the local business community.

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Impact




October, 2024

Marshall County Partnership for Growth Inc. has made a significant impact on the economic landscape of Marshall County, Kansas, by fostering business development and supporting local entrepreneurs. The organization has successfully provided five micro-loans to small and startup businesses through a revolving loan fund, facilitating access to capital that is often hard to come by for new ventures. As borrowers repay their loans, the fund is replenished, allowing for further investments in the local economy.

Beyond financial assistance, Marshall County Partnership for Growth also offers non-financial support, which includes mentoring, training, and resources to help businesses thrive. This holistic approach not only strengthens individual businesses but also enhances community resilience and economic vitality. The organization's efforts contribute to job creation, increased local spending, and an overall improvement in the quality of life for residents in the area.




This information is meant to be a general summary of Marshall County Partnership For Growth Inc. 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.

Revenue
$109,175 (2022)
Expenses
$49,706 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $604
  • Gross Receipts: $159,175

Assets and Liabilities:

  • Total Assets: $162,162
  • Total Liabilities: $0
  • Net Assets: $162,162

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Organization Details

Principal Officer

Frank L Shoemaker

Main Address

P O BOX 61, MARYSVILLE, KS, 66508

NTEE Category

Code: S41 - Community improvement

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