Mountainland Small Business Loan Fund

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

EIN: 462535520 ✦ Orem, UT ✦ Designated as a 501(c)(3)

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Overview

What is Mountainland Small Business Loan Fund?

The Mountainland Small Business Loan Fund is a recently established nonprofit organization, classified as a 501c3, situated in Orem, Utah. Their primary mission is to assist small businesses in underserved communities by operating a revolving loan fund. Due to potential challenges in securing financing from banks, this nonprofit specializes in providing funding options for such businesses. The Mountainland Small Business Loan Fund is actively seeking private donations to support its cause and aims to contribute positively to the local economy by providing much-needed financial assistance.


Official website here: www.mountainland.org

Is Mountainland Small Business Loan Fund legitimate?

Mountainland Small Business Loan Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mountainland Small Business Loan Fund 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.


Official website here: www.mountainland.org

What is the mission statement of Mountainland Small Business Loan Fund?

The Mountainland Small Business Loan Fund, as a newly established non-profit organization, aims to operate a revolving loan fund. Its primary mission is to provide financing options for small businesses that struggle to secure loans from traditional banks, catering to underserved communities. Based in a central location, this fund specializes in securing private funding to support its operations.


Official website here: www.mountainland.org

Who is the CEO of Mountainland Small Business Loan Fund?

Michelle Carroll is the Executive Director of Mountainland Small Business Loan Fund.


Official website here: www.mountainland.org

What is the revenue of Mountainland Small Business Loan Fund?

Mountainland Small Business Loan Fund's revenue in 2022 was $0.


Official website here: www.mountainland.org

Who are the executives of Mountainland Small Business Loan Fund and what are their salaries?


Here are 3 key members and their salaries:


Michelle Carroll (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Crane (Director Of Finance And Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karol Patterson (Small Business Loan Fund Specialist)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mountainland.org

Where can I find the form 990EZ for Mountainland Small Business Loan Fund?

Mountainland Small Business Loan Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.mountainland.org

Learn more at the official website: www.mountainland.org

Mission Statement of Mountainland Small Business Loan Fund

Mountainland Small Business Loan Fund is a newly established non-profit organization with a mission to operate a revolving loan fund. This mission is centered around providing small business loans to underserved communities. Recognizing the challenges faced by small businesses in securing funding from banks, Mountainland Small Business Loan Fund specializes in filling this gap. By setting up to receive private funding, the organization aims to provide financial support to small businesses that otherwise might not have access to such resources.

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Impact




October, 2024

The Mountainland Small Business Loan Fund significantly impacts underserved communities by providing accessible financing options for small businesses that face challenges in securing traditional bank loans. By operating a revolving loan fund, it creates a sustainable source of funding that supports local entrepreneurs in Orem, UT, and the surrounding areas.

This initiative helps stimulate local economic growth by enabling business owners to invest in their operations, hire employees, and expand their services. Ultimately, the fund not only empowers individual business owners but also contributes to the overall vitality and resilience of the community, fostering job creation and enhancing economic opportunities for residents.




This information is meant to be a general summary of Mountainland Small Business Loan Fund. 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Principal Officer

    Michelle Carroll

    Main Address

    586 E 800 N, Orem, UT, 84097

    NTEE Category

    Code: J99 - Employment

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