Overview
What is Evergreen Business Capital Community Finance?
Evergreen Business Capital Community Finance, abbreviated as EBCCF, is a dedicated nonprofit organization based in Seattle, Washington. Its primary mission is to support small business growth in the states of Washington, Oregon, Idaho, and Alaska. By offering business capital services, EBCCF aims to enhance stability, growth, and job creation for small businesses. In 2021, the organization funded 79 Flex Fund Loans, accumulating a total of $8,182,082 in Washington State alone. EBCCF's economic development solutions aim to create increased income and wealth opportunities for people who have yet to gain access to the economic mainstream.
Official website here: www.evergreen504.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating
Evergreen Business Capital Community Finance has achieved a commendable rating of 95%, which translates to a Four-Star designation from Charity Navigator. This rating reflects the organization’s strong performance in accountability and finance as well as its excellent commitment to culture and community. The majority of its board members are independent, demonstrating good governance practices, which further contributes to its high accountability score.
The organization exhibits robust financial health, with a program expense ratio of 79.26%, indicating that a significant portion of its budget is directed towards its programs and services. Additional strengths include the absence of material asset diversions and a well-documented set of policies, including conflict of interest and whistleblower policies, which underscore its commitment to transparency and ethical conduct.
Moreover, Evergreen Business Capital has achieved a perfect score in its culture and community rating, reflecting its efforts to foster equity and inclusive strategies. This comprehensive approach not only highlights its financial management but also its dedication to creating a positive impact within the community it serves. Overall, the organization demonstrates a strong commitment to its mission, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Evergreen Business Capital Community Finance legitimate?
Evergreen Business Capital Community Finance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evergreen Business Capital Community Finance 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
Official website here: www.evergreen504.com
What is the mission statement of Evergreen Business Capital Community Finance?
Evergreen Business Capital Community Finance is committed to providing superior economic development solutions. Their primary goal is to support the stability, growth, and job creation of small businesses, while also aiming to increase income and wealth for individuals who are currently not part of the economic mainstream. The organization offers business capital services to enhance the growth of small businesses in Washington, Oregon, Idaho, and Alaska. In 2021, Evergreen Business Capital Community Finance funded 79 Flex Fund loans totaling $8,182,082 in Washington State.
Official website here: www.evergreen504.com
Who is the CEO of Evergreen Business Capital Community Finance?
Patricia Kibbe is the President/Ceo of Evergreen Business Capital Community Finance. The CEO's salary of Evergreen Business Capital Community Finance is $0 and their total compensation is $247,286.
Official website here: www.evergreen504.com
What is the revenue of Evergreen Business Capital Community Finance?
Evergreen Business Capital Community Finance's revenue in 2022 was $882,707.
Official website here: www.evergreen504.com
Who are the executives of Evergreen Business Capital Community Finance and what are their salaries?
Here are 9 key members and their salaries (Evergreen Business Capital Community Finance's CEO's salary is $0 and their total compensation is $247,286):
- Compensation: $0
- Related: $218,472
- Other: $28,814
- Compensation: $0
- Related: $6,600
- Other: $0
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $7,800
- Other: $0
- Compensation: $0
- Related: $7,800
- Other: $0
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $4,200
- Other: $0
- Compensation: $0
- Related: $136,451
- Other: $28,657
- Compensation: $0
- Related: $109,720
- Other: $24,542
Official website here: www.evergreen504.com
Where can I find the form 990 for Evergreen Business Capital Community Finance?
Evergreen Business Capital Community Finance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.evergreen504.com
Learn more at the official website: www.evergreen504.com
Mission Statement of Evergreen Business Capital Community Finance
Evergreen Business Capital Community Finance (EBCCF) is committed to providing superior economic development solutions that support the stability, growth, and job creation of small businesses. Their mission is to create increased income and wealth among individuals who currently do not have access to the economic mainstream. In essence, EBCCF aims to help small businesses in Washington, Oregon, Idaho, and Alaska thrive and contribute to their communities' economic growth. To achieve this, the organization offers business capital services, as evidenced by their funding of 79 Flex Fund loans totaling $8,182,082 in Washington State in 2021.
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Impact
July, 2024
Evergreen Business Capital Community Finance's impact can be seen in its dedication to offering business capital services that enhance small business growth in the Pacific Northwest. In 2021, the organization funded 79 Flex Fund loans totaling $8,182,082 in Washington State alone. This direct support contributes to small business stability, growth, and job creation in the region, ultimately creating increased income and wealth among individuals who may not have had access to traditional financial resources. Their mission of providing superior economic development solutions aligns with their commitment to community improvement.
This information is meant to be a general summary of Evergreen Business Capital Community Finance. 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: $382,103
- Gross Receipts: $882,707
Assets and Liabilities:
- Total Assets: $1,679,542
- Total Liabilities: $1,141,732
- Net Assets: $537,810
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$326,801
LOAN SERVICES FEES
Revenue
$55,302
Organization Details
Founding Year
2015
Phone
(206) 622-3731Principal Officer
Patricia Kibbe
Main Address
13925 INTERURBAN AVE S 100, SEATTLE, WA, 98168
Website
www.evergreen504.comNTEE Category
Code: S30 - Community improvement
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