Overview
What is Iowa Community Capital?
Iowa Community Capital is a dedicated nonprofit organization established in Boone, Iowa. Their mission is to improve the social and economic well-being of individuals and communities by offering financial services. They achieve this by providing loans to low-and moderate-income individuals residing in Iowa. This financial assistance aids in strengthening their financial standing and contributes to the overall development of their communities.
Official website here: www.solidaritymicrofinance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Iowa Community Capital has received a high score of 94%, showcasing its strong performance in accountability and finance. This nonprofit boasts a perfect score in key areas such as the independence of board members, financial statement transparency, and the absence of material asset diversion. Additionally, the organization maintains effective policies regarding conflicts of interest, whistleblower protections, and document retention.
The organization demonstrates a robust program expense ratio of 85.41%, indicating that a significant portion of its funds is directed towards its mission. However, its culture and community score of 79 suggests there may be room for improvement in fostering an inclusive and equitable environment. Overall, Iowa Community Capital exhibits a well-managed approach to its financial practices while striving for a strong impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Community Capital legitimate?
Iowa Community Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Community Capital 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: $23,693
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,310
For more financial information, click here
Official website here: www.solidaritymicrofinance.org
What is the mission statement of Iowa Community Capital?
Iowa Community Capital's mission is centered around enhancing the social and economic well-being of individuals and communities. They achieve this by offering financial services, specifically providing loans to low-and moderate-income individuals. This organization aims to contribute to the betterment of their communities through accessible and suitable financial solutions. By extending loans, Iowa Community Capital seeks to empower individuals and communities, thereby fostering growth and development.
Official website here: www.solidaritymicrofinance.org
Who is the CEO of Iowa Community Capital?
Craig Downs is the Chairman of Iowa Community Capital.
Official website here: www.solidaritymicrofinance.org
What is the revenue of Iowa Community Capital?
Iowa Community Capital's revenue in 2023 was $500,434.
Official website here: www.solidaritymicrofinance.org
Who are the executives of Iowa Community Capital and what are their salaries?
There 15 volunteers at Iowa Community Capital.
Here are 13 key members and their salaries:
- Compensation: $23,693
- 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
Official website here: www.solidaritymicrofinance.org
Where can I find the form 990 for Iowa Community Capital?
Iowa Community Capital's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.solidaritymicrofinance.org
Learn more at the official website: www.solidaritymicrofinance.org
Mission Statement of Iowa Community Capital
Iowa Community Capital is a mission-driven organization committed to enhancing the social and economic well-being of individuals and communities. They accomplish this goal by offering financial services, specifically providing loans to low- and moderate-income individuals residing in Iowa. By offering such loans, this nonprofit aims to empower its beneficiaries, contributing to their overall improvement and development.
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
July, 2024
Iowa Community Capital's impact is seen through its provision of loans to low- and moderate-income individuals in Iowa. By offering financial services, they contribute to strengthening the social and economic well-being of individuals and communities in the region. Their work directly impacts the lives of those who may not have easy access to traditional financial resources, empowering them to improve their quality of life and contribute to the overall community improvement in Iowa.
This information is meant to be a general summary of Iowa Community Capital. 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: $57,459
- Gross Receipts: $500,434
Assets and Liabilities:
- Total Assets: $2,399,096
- Total Liabilities: $29,330
- Net Assets: $2,369,766
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(515) 212-0182Principal Officer
Craig Downs
Main Address
915 8TH STREET 205, BOONE, IA, 50036
NTEE Category
Code: S43 - Community improvement
If you are a representative of Iowa Community Capital 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.