Overview
What is Provident Business Financial Servic Inc?
Provident Business Financial Servic Inc, based in West Columbia, South Carolina, serves as a development finance institution. Its primary mission is to foster the growth of productive private investment and support business enterprises contributing to the economic development of South Carolina and the United States as a whole. The organization has aided 23 businesses, resulting in the creation or retention of 270 jobs, through processing 20,047,000 in SBA 504 debentures. Additionally, Provident Business Financial Servic Inc has serviced SBA 504 debentures totaling 84,790,975, supporting the creation and maintenance of 2,028 jobs. The institution employs 11 individuals.
Official website here: www.providentbfs.com
Is Provident Business Financial Servic Inc legitimate?
Provident Business Financial Servic Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Provident Business Financial Servic Inc 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:
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Other Salaries and Wages: $666,066
For more financial information, click here
Official website here: www.providentbfs.com
What is the mission statement of Provident Business Financial Servic Inc?
Provident Business Financial Services Inc, as a development finance institution, aims to foster the expansion of productive private investments and offer assistance to business enterprises. The organization's primary goal is to contribute to the economic development of the United States, not just in South Carolina, by supporting businesses that have the potential to drive growth and job creation. In line with this mission, Provident Business Financial Services has facilitated the processing of SBA 504 debentures, helping 23 businesses retain 270 jobs and providing services for the creation and maintenance of 2,028 jobs through SBA 504 debentures worth 84,790,975.
Official website here: www.providentbfs.com
Who is the CEO of Provident Business Financial Servic Inc?
Unavailable
Official website here: www.providentbfs.com
What is the revenue of Provident Business Financial Servic Inc?
Provident Business Financial Servic Inc's revenue in 2022 was $1,000,937.
Official website here: www.providentbfs.com
Who are the executives of Provident Business Financial Servic Inc and what are their salaries?
The average compensation at Provident Business Financial Servic Inc during 2022 was $60,551. There are 11 employees at Provident Business Financial Servic Inc.
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Official website here: www.providentbfs.com
Where can I find the form 990 for Provident Business Financial Servic Inc?
Provident Business Financial Servic Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.providentbfs.com
Learn more at the official website: www.providentbfs.com
Mission Statement of Provident Business Financial Servic Inc
Provident Business Financial Services, Inc. serves as a development finance institution, with a mission to foster the growth of productive private investment and offer assistance to business enterprises. This organization aims to contribute to the economic development of not only South Carolina but also the United States as a whole. By processing SBA 504 debentures, Provident Business Financial Services has aided 23 businesses in the creation or retention of 270 jobs. Furthermore, the institution has serviced SBA 504 debentures totaling 84,790,975, supporting the creation and maintenance of over 2,000 jobs. In essence, Provident Business Financial Services plays a crucial role in promoting financial growth and job creation for businesses that are poised to contribute positively to the economy.
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Impact
October, 2024
Provident Business Financial Services, Inc. significantly impacts economic development primarily through its role as a development finance institution. By promoting productive private investment, it facilitates the growth of businesses that contribute to the economic landscape of South Carolina and the broader United States.
In recent initiatives, PBFS processed over $20 million in SBA 504 debentures, aiding 23 businesses and leading to the creation and retention of 270 jobs. Additionally, it manages SBA 504 debentures worth nearly $85 million, supporting the creation and maintenance of 2,028 jobs. This focus on job creation and business assistance not only fosters individual enterprise growth but also strengthens the overall economic framework of the communities it serves, highlighting its commitment to community improvement and sustainable economic vitality.
This information is meant to be a general summary of Provident Business Financial Servic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,796
- Program Service Revenue: $986,141
- Gross Receipts: $1,000,937
Assets and Liabilities:
- Total Assets: $635,455
- Total Liabilities: $27,500
- Net Assets: $607,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICING FEES
Revenue
$656,627
PROCESSING FEES
Revenue
$316,822
LATE FEES
Revenue
$10,192
OTHER FEES
Revenue
$2,500
Organization Details
Founding Year
2002
Phone
(803) 791-0071Main Address
3125 HEBRON DRIVE, WEST COLUMBIA, SC, 29169
Website
www.providentbfs.comNTEE Category
Code: S43 - Community improvement
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