Overview
What is Daviess Revolving Loan Corporation?
Daviess Revolving Loan Corporation is a nonprofit organization based in Washington, Indiana (specifically at PO Box 191). Their primary mission is to manage and administer unconventional loans to businesses operating within Daviess County, Indiana. This initiative aims to promote economic development within the region and serves any legal purpose. The corporation's activities are geared towards supporting local businesses and contributing to the region's economic growth.
Is Daviess Revolving Loan Corporation legitimate?
Daviess Revolving Loan Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Daviess Revolving Loan 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 Daviess Revolving Loan Corporation?
The Daviess Revolving Loan Corporation's mission is centered around administering and managing unconventional loans to businesses. This is done with the primary objective of promoting economic development and serving any other legal purpose. The corporation's activities are geared towards fostering growth and development in the business sector. The organization's role is crucial in providing financial support to businesses, thereby contributing to economic growth and development.
Who is the CEO of Daviess Revolving Loan Corporation?
Jeff Mason is the Director of Daviess Revolving Loan Corporation.
What is the revenue of Daviess Revolving Loan Corporation?
Daviess Revolving Loan Corporation's revenue in 2022 was $8,363.
Who are the executives of Daviess Revolving Loan Corporation and what are their salaries?
Here are 6 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Daviess Revolving Loan Corporation?
Daviess Revolving Loan Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Daviess Revolving Loan Corporation
Daviess Revolving Loan Corporation, as a nonprofit organization, is dedicated to administering and managing unconventional loans for businesses within Daviess County, Indiana. Its primary objective is to promote economic development within the county and to serve any legal purpose. The corporation's mission is centered around providing financial support to local businesses, aiming to fuel growth and development within the community. By offering unconventional loans, Daviess Revolving Loan Corporation can cater to businesses that may not meet the criteria of traditional lenders, thereby fostering a diverse and thriving business landscape.
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
Daviess Revolving Loan Corporation plays a crucial role in promoting economic development within Daviess County, Indiana, by administering unconventional loans targeted at local businesses. By providing financial resources that may not be accessible through traditional lending channels, the corporation empowers entrepreneurs and small business owners to launch and expand their operations.
This support not only fosters innovation and business growth but also stimulates job creation in the region. As businesses thrive, the broader community benefits from increased economic activity, which can lead to improved infrastructure, enhanced services, and a better quality of life for residents. By focusing on unconventional lending, Daviess Revolving Loan Corporation helps to bridge the gap for businesses that may lack the necessary collateral or credit history required by conventional banks, ensuring a more inclusive economic environment. Through its targeted financial assistance, the corporation serves as a catalyst for community improvement and long-term economic sustainability.
This information is meant to be a general summary of Daviess Revolving Loan 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: $8,363
- Gross Receipts: $8,363
Assets and Liabilities:
- Total Assets: $933,328
- Total Liabilities: $0
- Net Assets: $933,328
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2011
Phone
(812) 254-1500Principal Officer
Jeff Mason
Main Address
PO BOX 191, WASHINGTON, IN, 47501
NTEE Category
Code: S32 - Community improvement
If you are a representative of Daviess Revolving Loan 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.