Overview
What is Community Capital Development Corp?
Community Capital Development Corp is a not-for-profit organization situated in Dublin, Ohio (43017). Its primary mission is to foster economic growth and improve social welfare in the City of Columbus, Franklin County, and various counties across Ohio by supporting the development of small businesses. This is achieved through processing and servicing Small Business Administration (SBA) loans and loans from the State of Ohio. The organization, with a team of seven employees, plays a crucial role in contributing to Ohio's economic development by aiding small businesses.
Official website here: www.ccdcorp.org
What do the Facebook reviews say about Community Capital Development Corp?
With only two reviews available on Facebook, Community Capital Development Corp hasn't yet accumulated a formal rating, but the sentiments expressed are quite positive. Both reviewers appreciate the organization's role as an SBA lender in Ohio, highlighting it as one of the best in the field.
The specific mention of it being a top-notch lender suggests that users feel confident in the services offered. The reviews indicate a strong endorsement for the nonprofit's impact in aiding individuals or businesses seeking SBA loans.
Overall, the feedback reflects a promising outlook for Community Capital Development Corp, as there is enthusiasm about its capabilities and reputation within the community.
This AI summary has been generated from reviews found on Facebook.
Is Community Capital Development Corp legitimate?
Community Capital Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Community Capital Development Corp 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: $254,347
Professional Fundraising Fees: $0
Other Salaries and Wages: $457,087
For more financial information, click here
Official website here: www.ccdcorp.org
What is the mission statement of Community Capital Development Corp?
Community Capital Development Corp, as a not-for-profit organization, is committed to fostering economic development and enhancing social welfare in various Ohio counties, including Columbus and Franklin County. They achieve this goal by aiding in the growth and advancement of small business concerns. The corporation processes and services Small Business Administration (SBA) loans and loans from the State of Ohio, serving as a catalyst for economic prosperity in these regions. Their mission is centered around empowering local businesses, thereby contributing to the overall improvement of the communities they serve.
Official website here: www.ccdcorp.org
Who is the CEO of Community Capital Development Corp?
Laura Frum is the Director of Community Capital Development Corp.
Official website here: www.ccdcorp.org
What is the revenue of Community Capital Development Corp?
Community Capital Development Corp's revenue in 2022 was $913,752.
Official website here: www.ccdcorp.org
Who are the executives of Community Capital Development Corp and what are their salaries?
The average compensation at Community Capital Development Corp during 2022 was $101,633. There are 7 employees at Community Capital Development Corp.
Here are 17 key members and their salaries:
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- Compensation: $131,358
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- Other: $16,987
- Compensation: $101,428
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- Other: $4,574
Official website here: www.ccdcorp.org
Where can I find the form 990 for Community Capital Development Corp?
Community Capital Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccdcorp.org
Learn more at the official website: www.ccdcorp.org
Mission Statement of Community Capital Development Corp
Community Capital Development Corp, a not-for-profit organization, is dedicated to promoting economic development and enhancing social welfare in various Ohio counties, including Columbus and Franklin County. Their mission is to foster the growth and development of small business concerns within these regions. By processing and servicing Small Business Administration (SBA) loans and loans from the State of Ohio, this corporation plays a significant role in supporting the economic growth of these regions. By aiding small businesses, Community Capital Development Corp contributes to the overall well-being of the communities they serve.
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Impact
October, 2024
Community Capital Development Corp plays a vital role in enhancing the economic landscape of Columbus, Franklin County, and the broader Ohio region by processing and servicing loans from the Small Business Administration (SBA) and the State of Ohio. By focusing on the growth and development of small businesses, it contributes significantly to job creation and the overall economic development of the area.
Through its efforts, it empowers entrepreneurs and small business owners with the necessary financial resources to launch and expand their enterprises. This, in turn, fosters community improvement, stimulates local economies, and supports the social welfare of residents. The organization’s commitment to nurturing small business growth not only reinforces the economic fabric of the region but also enhances opportunities for individuals and families, ultimately leading to a more vibrant and sustainable community.
This information is meant to be a general summary of Community Capital Development Corp. 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: $23,264
- Program Service Revenue: $890,488
- Gross Receipts: $913,752
Assets and Liabilities:
- Total Assets: $1,015,254
- Total Liabilities: $816,155
- Net Assets: $199,099
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PORTFOLIO MANGEMENT
Revenue
$487,802
UNDERWRITING REVENUE
Revenue
$361,334
INTEREST FROM SERVICIN
Revenue
$41,352
Organization Details
Founding Year
1981
Phone
(614) 645-6171Principal Officer
Laura Frum
Main Address
5475 RINGS ROAD 110, DUBLIN, OH, 43017
Website
www.ccdcorp.orgNTEE Category
Code: S43 - Community improvement
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