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Center For Rural Affairs Community Capital

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

EIN: 470796719 ✦ Lyons, NE ✦ Designated as a 501(c)(3)

Overview

What is Center For Rural Affairs Community Capital?

The Center For Rural Affairs Community Capital is a nonprofit organization based in Lyons, Nebraska. Their primary mission is to support rural entrepreneurs and community development across Nebraska. They offer microloans, training, and technical assistance to aid small businesses in their growth. By providing financing and technical assistance, they contribute to the general development of local communities. In summary, the Center For Rural Affairs Community Capital plays a crucial role in fostering economic growth and sustenance in rural Nebraska.


Is Center For Rural Affairs Community Capital legitimate?

Center For Rural Affairs Community Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Rural Affairs Community Capital 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,901

For more financial information, click here


What is the mission statement of Center For Rural Affairs Community Capital?
Who is the CEO of Center For Rural Affairs Community Capital?
What is the revenue of Center For Rural Affairs Community Capital?
Who are the executives of Center For Rural Affairs Community Capital and what are their salaries?
Where can I find the form 990 for Center For Rural Affairs Community Capital?

Mission Statement of Center For Rural Affairs Community Capital

The Center for Rural Affairs Community Capital, a nonprofit organization, is dedicated to facilitating financial aid and technical assistance for small businesses and community development projects. In essence, their mission is to bolster rural entrepreneurship and general community development across various regions.

A key aspect of their work is the Microloan Program, which extends loans, training, and technical assistance to aspiring micro-entrepreneurs scattered throughout rural Nebraska. This program aims to empower these individuals, offering them the necessary resources to establish and grow their businesses, thereby contributing to the overall development of their communities.

Impact

This information is meant to be a general summary of Center For Rural Affairs Community Capital. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Center For Rural Affairs Community Capital's impact is significant in providing crucial financing and technical assistance to small businesses and supporting community development in rural areas. Through its microloan program, the organization offers loans, training, and technical assistance to rural micro-entrepreneurs across the entirety of rural Nebraska. This support helps empower individuals to start and grow their businesses, contributing to the overall economic development and sustainability of rural communities. By focusing on environment-friendly practices, Center For Rural Affairs Community Capital is making a positive impact on both the local economy and the environment.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,750
  • Program Service Revenue: $356,150
  • Gross Receipts: $2,121,354

    • Assets and Liabilities:
  • Total Assets: $12,206,202
  • Total Liabilities: $4,285,870
  • Net Assets: $7,920,332
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    REAP INTEREST INCOME

    Revenue

    $290,656

    FEES AND REIMBURSEMENTS

    Revenue

    $65,494

    Organization Details

    Founding Year

    1996

    Principal Officer

    Brian Depew

    Main Address

    PO BOX 136, LYONS, NE, 68038

    NTEE Category

    Code: C32 - Environment

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