Overview
What is Clay Platte Development Corp?
Clay Platte Development Corp is a nonprofit organization situated in Gladstone, Missouri. Their primary mission is to provide long-term capital for small and medium-sized businesses, either for startups or expansions, across the state of Missouri. They achieve this objective by leveraging SBA 504 loans and other funds, which allows them to offer more affordable packages and easier access to capital compared to traditional loans. This strategy enables more businesses to secure funding necessary for growth and development, thereby stimulating economic growth within Missouri.
Official website here: www.https: www.simplymorefinancing.com
Is Clay Platte Development Corp legitimate?
Clay Platte Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Clay Platte Development Corp 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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Official website here: www.https: www.simplymorefinancing.com
What is the mission statement of Clay Platte Development Corp?
Clay Platte Development Corp's mission is centered around making long-term capital readily available for small and medium-sized businesses in the expansion or start-up phase in Missouri. They achieve this by leveraging SBA 504 loans and other funding sources, thereby offering more affordable packages and easier access than traditional loans. This approach aims to democratize financing options for these businesses, fostering growth and development in the local economy.
Official website here: www.https: www.simplymorefinancing.com
Who is the CEO of Clay Platte Development Corp?
Tom Pryor is the Secretary Treasurer of Clay Platte Development Corp.
Official website here: www.https: www.simplymorefinancing.com
What is the revenue of Clay Platte Development Corp?
Clay Platte Development Corp's revenue in 2023 was $212,649.
Official website here: www.https: www.simplymorefinancing.com
Who are the executives of Clay Platte Development Corp and what are their salaries?
There 10 volunteers at Clay Platte Development Corp.
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Official website here: www.https: www.simplymorefinancing.com
Where can I find the form 990 for Clay Platte Development Corp?
Clay Platte Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.https: www.simplymorefinancing.com
Learn more at the official website: www.https: www.simplymorefinancing.com
Mission Statement of Clay Platte Development Corp
Clay Platte Development Corp is committed to making long-term capital available for small and medium-sized businesses in Missouri. They accomplish this by utilizing SBA 504 loans and other funds, which allows them to create more affordable financing packages and easier access to capital than traditional loans. By doing so, they aim to facilitate business startups and expansions throughout Missouri, thereby contributing to the growth and development of the local economy.
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Impact
October, 2024
Clay Platte Development Corp plays a crucial role in fostering economic growth and job creation across Missouri by providing long-term capital to small and medium-sized business startups and expansions. By utilizing SBA 504 loans and complementary funding sources, the organization creates affordable financial packages that make it easier for entrepreneurs to access the capital they need. This support not only strengthens local businesses but also contributes significantly to community improvement, driving innovation and enhancing the overall economic landscape in the regions they serve. Their efforts are instrumental in breaking down barriers to financing, ultimately empowering businesses to thrive and contribute to local economies.
This information is meant to be a general summary of Clay Platte Development Corp. 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: $4,658
- Program Service Revenue: $207,991
- Gross Receipts: $212,649
Assets and Liabilities:
- Total Assets: $1,775,707
- Total Liabilities: $464,000
- Net Assets: $1,311,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest
Revenue
$58,527
Loan Servicing
Revenue
$149,464
Other Income
Organization Details
Founding Year
1983
Phone
(816) 686-4882Principal Officer
Tom Pryor
Main Address
7001 N LOCUST, GLADSTONE, MO, 64118
NTEE Category
Code: S43 - Community improvement
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