Overview
What is Community Development Corporation Of Fort Wayne?
The Community Development Corporation of Fort Wayne is a nonprofit organization situated in Fort Wayne, Indiana. Their primary mission is to stimulate economic growth and prosperity within the communities they serve by offering alternative financing options to both new and existing small business owners. They accomplish this by administering loans, thereby contributing to a thriving local economy with a workforce of three dedicated individuals.
Official website here: www.cdcnein.org
Is Community Development Corporation Of Fort Wayne legitimate?
Community Development Corporation Of Fort Wayne is a legitimate nonprofit organization registered as a 501(c)(6) entity. Community Development Corporation Of Fort Wayne 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: $113,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,239
For more financial information, click here
Official website here: www.cdcnein.org
What is the mission statement of Community Development Corporation Of Fort Wayne?
The Community Development Corporation of Fort Wayne's mission is geared towards stimulating economic growth and prosperity within the communities it serves. They accomplish this by offering alternative financing options to both new and existing small business owners. This initiative aims to empower these businesses, helping them grow and thrive. The organization operates by administering loans to new and expanding businesses in Indiana.
Official website here: www.cdcnein.org
Who is the CEO of Community Development Corporation Of Fort Wayne?
Jill Keim is the President of Community Development Corporation Of Fort Wayne.
Official website here: www.cdcnein.org
What is the revenue of Community Development Corporation Of Fort Wayne?
Community Development Corporation Of Fort Wayne's revenue in 2022 was $1,019,842.
Official website here: www.cdcnein.org
Who are the executives of Community Development Corporation Of Fort Wayne and what are their salaries?
The average compensation at Community Development Corporation Of Fort Wayne during 2022 was $93,580. There are 3 employees and 13 volunteers at Community Development Corporation Of Fort Wayne.
Here are 14 key members and their salaries:
- Compensation: $94,020
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- Other: $25,068
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Official website here: www.cdcnein.org
Where can I find the form 990 for Community Development Corporation Of Fort Wayne?
Community Development Corporation Of Fort Wayne's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cdcnein.org
Learn more at the official website: www.cdcnein.org
Mission Statement of Community Development Corporation Of Fort Wayne
Community Development Corporation of Fort Wayne, a nonprofit organization, is dedicated to stimulating economic growth and prosperity in the communities it serves. It achieves this mission by providing alternative financing options to both new and existing small business owners. By administering loans, this organization plays a crucial role in encouraging entrepreneurship and fostering business expansion, ultimately contributing to the overall economic vitality of the communities it serves.
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Impact
October, 2024
The Community Development Corporation of Fort Wayne significantly impacts local economic growth and prosperity by providing alternative financing options for small business owners. By administering loans to new and expanding businesses throughout Indiana, it plays a crucial role in stimulating job creation and fostering a vibrant business environment. This initiative not only supports entrepreneurs in launching and scaling their operations but also enhances the overall economic landscape of Fort Wayne and its surrounding communities. Through its focused efforts, the organization helps to empower individuals, drive community improvement, and contribute to a sustainable economic future.
This information is meant to be a general summary of Community Development Corporation Of Fort Wayne. 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: $7,692
- Program Service Revenue: $537,971
- Gross Receipts: $1,019,842
Assets and Liabilities:
- Total Assets: $11,219,392
- Total Liabilities: $63,240
- Net Assets: $11,156,152
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SBA CLOSING AND SERVICING FEE
Revenue
$367,395
LOAN INTEREST
Revenue
$158,391
LOAN APPLICATION FEES
Revenue
$15,494
RETURN OF REVOLVING LOAN FUND
Revenue
-$3,309
Organization Details
Founding Year
1978
Phone
(260) 427-1125Principal Officer
Jill Keim
Main Address
200 E BERRY SREET RM/STE 320, FORT WAYNE, IN, 46802
Website
www.cdcnein.orgNTEE Category
Code: S41Z - Community improvement
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