Overview
What is Aurora Capital Development Corporation?
Aurora Capital Development Corporation, located in Elkhart, Indiana, acts as a catalyst for business growth by offering incentive loans in collaboration with private lenders. Their mission is to fostering permanent job creation by supporting business expansion projects. The corporation operates with a clear goal to stimulate the private sector, thereby contributing to the local economy.
Is Aurora Capital Development Corporation legitimate?
Aurora Capital Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aurora Capital Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Aurora Capital Development Corporation?
Aurora Capital Development Corporation's mission is centered around stimulating business expansion by offering incentivized loans in collaboration with conventional lenders. This initiative aims to generate permanent job opportunities within the private sector. By facilitating these loans, Aurora Capital Development Corporation contributes to the growth of businesses, thereby fostering economic development and job creation.
Who is the CEO of Aurora Capital Development Corporation?
Carlos J Arce is the Board Member of Aurora Capital Development Corporation.
What is the revenue of Aurora Capital Development Corporation?
Aurora Capital Development Corporation's revenue in 2022 was $10,237.
Who are the executives of Aurora Capital Development Corporation and what are their salaries?
Here are 5 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
Where can I find the form 990 for Aurora Capital Development Corporation?
Aurora Capital Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aurora Capital Development Corporation
Aurora Capital Development Corporation, as a nonprofit entity, is committed to fostering business expansion by offering incentives in the form of loans. These loans are provided in collaboration with conventional lenders, thereby creating a conducive environment for the creation of permanent jobs in the private sector. By leveraging resources from both private lenders and conventional financing, Aurora Capital Development Corporation plays a pivotal role in promoting economic growth and job creation. The organization's mission is to serve as a catalyst for businesses seeking expansion, ultimately contributing to a stronger and more robust economy.
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
Aurora Capital Development Corporation plays a crucial role in economic growth by facilitating business expansion in Elkhart, IN. Through its unique approach of providing loans in conjunction with conventional lenders, the organization creates incentives for businesses to grow, directly translating into the creation of permanent private sector jobs. This dual lending model not only eases financial barriers for businesses but also stimulates local economies by encouraging job creation and fostering community improvement. By strengthening the business landscape, Aurora Capital Development Corporation contributes significantly to sustainable economic development in the region.
This information is meant to be a general summary of Aurora Capital Development Corporation. 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: $10,237
- Gross Receipts: $10,237
Assets and Liabilities:
- Total Assets: $646,898
- Total Liabilities: $0
- Net Assets: $646,898
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1995
Phone
(574) 294-5471Principal Officer
Carlos J Arce
Main Address
229 S SECOND ST, ELKHART, IN, 46516
NTEE Category
Code: S11 - Community improvement
If you are a representative of Aurora Capital Development Corporation 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.