Overview
What is Regional Development Company?
The Regional Development Company, situated in Valparaiso, Indiana, is a nonprofit organization dedicated to supporting small businesses. They assist these enterprises in becoming familiar with SBA 504 loan financing, aiming to facilitate their growth. Throughout the last fiscal year ending September 30, 2022, they provided financing to 52 applicants. With a workforce of eight dedicated individuals, they continue their mission in this field.
Official website here: www.rdc504.org
Is Regional Development Company legitimate?
Regional Development Company is a legitimate nonprofit organization registered as a 501(c)(6) entity. Regional Development Company 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: $190,213
Professional Fundraising Fees: $0
Other Salaries and Wages: $372,424
For more financial information, click here
Official website here: www.rdc504.org
What is the mission statement of Regional Development Company?
The Regional Development Company's mission is centered around assisting small businesses. Specifically, their goal is to spread awareness about SBA 504 loan financing. This financing can be a valuable resource for small businesses looking to grow or expand their operations. During the fiscal year ending September 30, 2022, they provided financing to 52 eligible applicants. This suggests that they are actively working towards their mission and helping small businesses gain access to this financing option.
Official website here: www.rdc504.org
Who is the CEO of Regional Development Company?
Erica Dombey is the Director of Regional Development Company.
Official website here: www.rdc504.org
What is the revenue of Regional Development Company?
Regional Development Company's revenue in 2022 was $931,106.
Official website here: www.rdc504.org
Who are the executives of Regional Development Company and what are their salaries?
The average compensation at Regional Development Company during 2022 was $70,330. There are 8 employees at Regional Development Company.
Here are 21 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $183,476
- Related: $0
- Other: $24,463
Official website here: www.rdc504.org
Where can I find the form 990 for Regional Development Company?
Regional Development Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rdc504.org
Learn more at the official website: www.rdc504.org
Mission Statement of Regional Development Company
The Regional Development Company, as stated in its mission, is dedicated to raising awareness among small businesses about the SBA 504 loan financing option. This nonprofit organization aims to educate small businesses on the benefits and availability of this financing method, which can be instrumental in their growth and development. Throughout the fiscal year ending September 30, 2022, the company successfully provided financing to 52 applicants, demonstrating its commitment to helping small businesses access this crucial financial resource.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Regional Development Company significantly impacts local economies by facilitating access to crucial financing options for small businesses. By raising awareness of SBA 504 loan financing, it empowers entrepreneurs to secure funding essential for growth and development.
In the fiscal year ending September 30, 2022, the company successfully provided financing to 52 applicants, highlighting its pivotal role in supporting small business ventures. This influx of capital not only enables businesses to expand their operations but also contributes to job creation and economic stability within the community. Based in Valparaiso, Indiana, Regional Development Company effectively enhances the entrepreneurial landscape by connecting small business owners with vital resources for their success.
This information is meant to be a general summary of Regional Development Company. 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: $189
- Program Service Revenue: $828,132
- Gross Receipts: $931,106
Assets and Liabilities:
- Total Assets: $1,015,697
- Total Liabilities: $378,543
- Net Assets: $637,154
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$586,525
PROCESSING FEES
Revenue
$223,649
504 LOAN INTEREST INCO
Revenue
$17,958
Organization Details
Founding Year
1994
Phone
(219) 476-0504Principal Officer
Erica Dombey
Main Address
1757 THORNAPPLE CIRCLE, VALPARAISO, IN, 46385
Website
www.rdc504.orgIf you are a representative of Regional Development Company and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.