Overview
What is West Central Partnership Inc?
West Central Partnership Inc, also known as Anchor Loan Services, is a nonprofit organization based in Perrysburg, Ohio. Their primary focus is administering the United States Small Business Administration's 504 loan program across various regions. This includes the state of Ohio, as well as specific counties in Michigan and Indiana. In 2022, they approved 6,356,000 loans and closed 10,331,000 loans, showcasing their significant contributions to small businesses in these areas. With a team of just two dedicated individuals, West Central Partnership Inc plays a crucial role in supporting the growth and development of small businesses by facilitating loan access.
Official website here: www.anchorsba.com
Is West Central Partnership Inc legitimate?
West Central Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Central Partnership 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:
Executive Compensation: $3,320
Professional Fundraising Fees: $0
Other Salaries and Wages: $120,950
For more financial information, click here
Official website here: www.anchorsba.com
What is the mission statement of West Central Partnership Inc?
West Central Partnership Inc's primary role is to manage the United States Small Business Administration's 504 Loan Program across various regions. Specifically, it covers the state of Ohio, certain counties in Michigan, and specific counties in Indiana. The organization's mission is to administer and facilitate these loan programs, helping small businesses in these regions gain access to financing opportunities. In 2022, West Central Partnership Inc approved 6,356,000 loans and closed 10,331,000 loans, demonstrating its significant impact in supporting small businesses. While the organization's primary focus is on loan administration, it plays a crucial role in fostering economic growth and promoting small business development in the communities it serves.
Official website here: www.anchorsba.com
Who is the CEO of West Central Partnership Inc?
Craig Jones is the President of West Central Partnership Inc.
Official website here: www.anchorsba.com
What is the revenue of West Central Partnership Inc?
West Central Partnership Inc's revenue in 2022 was $443,486.
Official website here: www.anchorsba.com
Who are the executives of West Central Partnership Inc and what are their salaries?
The average compensation at West Central Partnership Inc during 2022 was $62,135. There are 2 employees and 9 volunteers at West Central Partnership Inc.
Here are 9 key members and their salaries:
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Official website here: www.anchorsba.com
Where can I find the form 990 for West Central Partnership Inc?
West Central Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.anchorsba.com
Learn more at the official website: www.anchorsba.com
Mission Statement of West Central Partnership Inc
West Central Partnership Inc, as stated in the provided information, is dedicated to administering the United States Small Business Administration's 504 Loan Program. This mission extends beyond Ohio, encompassing several counties in Michigan and Indiana. The organization's role is to facilitate these loans, providing financial assistance to small businesses that may not have had access to such resources otherwise. In 2022, West Central Partnership Inc approved 6,356,000 loans and closed 10,331,000 loans, demonstrating its significant impact in the small business sector. The organization's mission is to support entrepreneurship and business growth, contributing to the economic development and vitality of the communities it serves.
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Impact
October, 2024
West Central Partnership Inc makes a significant impact by administering the United States Small Business Administration's 504 Loan Program in various regions, including Ohio, and parts of Michigan and Indiana. In 2022 alone, the organization approved over $6.3 million in loans and successfully closed $10.3 million, highlighting its crucial role in facilitating financing for businesses in these areas.
By managing an outstanding SBA 504 loan portfolio, West Central Partnership Inc supports the growth and sustainability of small businesses. This, in turn, fosters economic development, creates job opportunities, and strengthens communities. Through its efforts, the organization helps entrepreneurs access the capital needed to invest in their businesses, expand operations, and drive innovation, thereby contributing positively to the economic landscape of the regions it serves.
This information is meant to be a general summary of West Central Partnership 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.
- Program Service Revenue: $443,486
- Gross Receipts: $443,486
Assets and Liabilities:
- Total Assets: $36,956
- Total Liabilities: $5,692
- Net Assets: $31,264
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN ADMINISTRATION INCOME
Revenue
$443,486
Organization Details
Founding Year
1996
Phone
(419) 873-8322Principal Officer
Craig Jones
Main Address
955 COMMERCE DRIVE SUITE A, PERRYSBURG, OH, 43551
Website
www.anchorsba.comNTEE Category
Code: T99 - Philanthropy
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