Overview
What is Mark Twain Regional Development Corp Inc?
Mark Twain Regional Development Corp Inc is a nonprofit organization that manages the Title IX Revolving Loan Program. This program operates a revolving loan system, servicing two existing loans to support its activities. The corporation's mission revolves around providing financial assistance through this loan program, contributing to the development and growth of the regional community.
Is Mark Twain Regional Development Corp Inc legitimate?
Mark Twain Regional Development Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mark Twain Regional Development Corp Inc 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.
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What is the mission statement of Mark Twain Regional Development Corp Inc?
The Mark Twain Regional Development Corp Inc is engaged in operating the Title IX Revolving Loan Program. This program involves managing a revolving loan system, servicing two existing loans as part of its operations. The main objective of the Mark Twain Revolving Loan Fund, through this program, is not explicitly stated in the provided information. However, it can be inferred that the corporation aims to provide financial assistance and support to eligible entities, as revolving loan programs typically provide funds for business development or expansion. The specific details about the mission, such as its broader goals and impacts, are not available in the provided data.
Who is the CEO of Mark Twain Regional Development Corp Inc?
Rusty Neill is the Chairman of Mark Twain Regional Development Corp Inc.
What is the revenue of Mark Twain Regional Development Corp Inc?
Mark Twain Regional Development Corp Inc's revenue in 2022 was $341,876.
Who are the executives of Mark Twain Regional Development Corp Inc 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 Mark Twain Regional Development Corp Inc?
Mark Twain Regional Development Corp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mark Twain Regional Development Corp Inc
Mark Twain Regional Development Corp Inc is dedicated to managing the Title IX Revolving Loan Program. This program operates with the goal of providing financial assistance through a revolving loan system. At present, it is servicing two existing loans within this program. The mission of Mark Twain Regional Development Corp Inc, through this program, is to facilitate economic growth and development by offering flexible and affordable funding options to eligible entities. This program aims to support projects that align with Title IX regulations, thereby fostering equality and opportunity.
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Impact
October, 2024
Mark Twain Regional Development Corp Inc plays a crucial role in fostering economic growth and providing financial support through its Title IX Revolving Loan Program. By managing a revolving loan fund, it facilitates access to capital for local businesses and entrepreneurs, particularly through the servicing of existing loans. This support not only aids individual business development but also contributes to the overall economic vitality of Perry, MO. Through its focused initiatives, the organization enhances the financial landscape of the community, empowering local entrepreneurs to thrive and thereby stimulating job creation and economic progress in the region.
This information is meant to be a general summary of Mark Twain Regional Development Corp Inc. 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.
- Program Service Revenue: $693
- Gross Receipts: $341,876
Assets and Liabilities:
- Total Assets: $592,451
- Total Liabilities: $13,147
- Net Assets: $579,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST - ECONOMIC DEV LOANS
Revenue
$693
Organization Details
Phone
(573) 565-2203Principal Officer
Rusty Neill
Main Address
42494 DELAWARE LANE, PERRY, MO, 63462
NTEE Category
Code: Z99 - Unknown
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