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Marketplace Capital Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461611313 ✦ Crystal springs, MS ✦ Designated as a 501(c)(3)

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Overview

What is Marketplace Capital Inc?

Marketplace Capital Inc is a nonprofit organization committed to offering interest-free loans to fellow charitable organizations. Despite not issuing any new loans in 2021 and 2022, the organization continues to maintain interest-free loans from other charitable entities. The primary purpose of Marketplace Capital Inc is to support the financial needs of other nonprofit organizations, extending a helping hand during their operations.

Is Marketplace Capital Inc legitimate?

Marketplace Capital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marketplace Capital Inc submitted a form 990EZ, 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.

What is the mission statement of Marketplace Capital Inc?

Marketplace Capital Inc's mission is centered around extending interest-free loans to other charitable organizations. Despite not issuing any new loans in 2021 and 2022, the organization has continued to maintain these interest-free loans from other charitable entities. Essentially, their mission revolves around offering financial assistance to fellow charitable organizations without charging interest.

Who is the CEO of Marketplace Capital Inc?

Unavailable

What is the revenue of Marketplace Capital Inc?

Marketplace Capital Inc's revenue in 2022 was $2,400.

Who are the executives of Marketplace Capital Inc and what are their salaries?


Here are 2 key members and their salaries:


Francis L Jackson (President &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry M Jackson (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Marketplace Capital Inc?

Marketplace Capital Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Marketplace Capital Inc

Marketplace Capital Inc, as a charitable organization, is dedicated to providing interest-free loans to other nonprofit entities. Despite not issuing any new loans in 2021 and 2022, Marketplace Capital Inc continued to maintain its existing interest-free loans from other charitable organizations. Its mission is centered around extending financial assistance to fellow nonprofits, aiming to support their operations and initiatives in a mutually beneficial manner.

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Impact




August, 2024

Marketplace Capital Inc's impact lies in providing interest-free loans to other charitable organizations, contributing to the flow of resources within the philanthropic sector. While the organization did not issue any new loans in 2021 or 2022, it continued to hold its existing interest-free loans from other charitable organizations, supporting the financial sustainability and growth of these entities. Through its mission of facilitating interest-free financial support to charitable organizations, Marketplace Capital Inc plays a vital role in enabling these organizations to further their philanthropic missions and make a positive impact in their communities.




This information is meant to be a general summary of Marketplace Capital 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.

Revenue
$2,400 (2022)
Expenses
$820 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $2,400

Assets and Liabilities:

  • Total Assets: $72,929
  • Total Liabilities: $0
  • Net Assets: $72,929

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Organization Details

Main Address

208 E GEORGETOWN STREET, CRYSTAL SPRINGS, MS, 39059

NTEE Category

Code: T31 - Philanthropy

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