Overview
What is Burke Business Promotion Corporation?
Burke Business Promotion Corporation is a nonprofit organization that serves its community by offering financial assistance to both new and established businesses in need of small-scale funding. By providing such financing, the corporation plays a vital role in fostering entrepreneurship and economic growth within the community. This mission of community development is at the heart of the corporation's activities.
Is Burke Business Promotion Corporation legitimate?
Burke Business Promotion Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Burke Business Promotion 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:
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What is the mission statement of Burke Business Promotion Corporation?
The Burke Business Promotion Corporation strives to foster community development by offering financial assistance to both fledgling and established businesses in need of small business financing. Through its mission, the corporation aims to empower these businesses, contributing to the overall economic growth of the community. By providing financing, the corporation plays a crucial role in fostering entrepreneurship and business growth within its sphere.
What is the revenue of Burke Business Promotion Corporation?
Burke Business Promotion Corporation's revenue in 2023 was $34,070.
Who are the executives of Burke Business Promotion Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Burke Business Promotion Corporation?
Burke Business Promotion Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Burke Business Promotion Corporation
Burke Business Promotion Corporation, a nonprofit organization, is dedicated to fostering community development through its mission of providing financial assistance to both emerging and established businesses in need of small business financing. By offering these financial resources, Burke Business Promotion Corporation plays a crucial role in supporting the growth and sustainability of local businesses, thereby contributing to the overall well-being and prosperity of the community. By accomplishing its mission in this manner, Burke Business Promotion Corporation effectively promotes economic development and empowers entrepreneurs to realize their business goals.
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Impact
October, 2024
Burke Business Promotion Corporation plays a vital role in fostering economic growth and community development in Burke, South Dakota. By offering financing options for both startups and existing businesses, it empowers local entrepreneurs to pursue their dreams and innovate. This access to capital not only helps create jobs but also stimulates the local economy by encouraging business expansion and sustainability. Through its commitment to small business financing, Burke Business Promotion Corporation contributes significantly to community improvement, enhancing the overall quality of life for residents and supporting a vibrant local business landscape.
This information is meant to be a general summary of Burke Business Promotion 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 2023.
- Investment Income: $634
- Program Service Revenue: $13,436
- Gross Receipts: $34,070
Assets and Liabilities:
- Total Assets: $673,627
- Total Liabilities: $77,767
- Net Assets: $595,860
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON CONTRACTS
Revenue
$11,496
Membership Dues & Assessments
Revenue
$1,940
Organization Details
Principal Officer
Kelsea Sutton
NTEE Category
Code: S43 - Community improvement
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