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Frontier Financial Partners Inc

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

EIN: 480997376 ✦ Emporia, KS ✦ Designated as a 501(c)(4)

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Overview

What is Frontier Financial Partners Inc?

Frontier Financial Partners Inc is a nonprofit organization situated in Emporia, Kansas. The primary focus of this organization is to foster economic development in the Midwest region. By promoting and supporting the growth and development of business concerns, Frontier Financial Partners aims to enhance employment opportunities, increase payroll, and boost overall business volume within the area. With a team of six dedicated individuals, this nonprofit strives to contribute positively to the Midwest economy.


Official website here: www.frontierfinancialpartners.com

Is Frontier Financial Partners Inc legitimate?

Frontier Financial Partners Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Frontier Financial Partners Inc 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: $194,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,631

For more financial information, click here


Official website here: www.frontierfinancialpartners.com

What is the mission statement of Frontier Financial Partners Inc?

Frontier Financial Partners Inc's mission is centered around fostering economic growth in a specific region, typically referred to as the Midwest. The organization aims to promote and assist in the development of local businesses, ultimately benefiting the area by increasing employment opportunities, payroll, and overall business volume. This mission is carried out through various programs, including loan services and packaging, which are instrumental in driving economic development.


Official website here: www.frontierfinancialpartners.com

Who is the CEO of Frontier Financial Partners Inc?

Wayne Symmonds is the Chairman of Frontier Financial Partners Inc.


Official website here: www.frontierfinancialpartners.com

What is the revenue of Frontier Financial Partners Inc?

Frontier Financial Partners Inc's revenue in 2023 was $740,189.


Official website here: www.frontierfinancialpartners.com

Who are the executives of Frontier Financial Partners Inc and what are their salaries?

The average compensation at Frontier Financial Partners Inc during 2023 was $75,338. There are 6 employees at Frontier Financial Partners Inc.


Here are 10 key members and their salaries:


Lonnie King (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Mortensen (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Thornburgh (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Conner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Buchele (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Engle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Dickey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Soderstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Symmonds (President)
  • Compensation: $184,350
  • Related: $0
  • Other: $3,975


Official website here: www.frontierfinancialpartners.com

Where can I find the form 990 for Frontier Financial Partners Inc?

Frontier Financial Partners Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.frontierfinancialpartners.com

Learn more at the official website: www.frontierfinancialpartners.com

Mission Statement of Frontier Financial Partners Inc

Frontier Financial Partners Inc, as a mission-driven organization, is committed to fostering economic development in the Midwest. Their primary objective is to promote and assist in the growth and development of business concerns within the region. By doing so, they aim to bring about significant benefits to the community, including an increase in employment opportunities, payroll, and overall business volume. Frontier Financial Partners Inc's activities are geared towards contributing positively to the economic landscape of the Midwest, thereby enhancing its overall prosperity. Their lending and packaging services play a crucial role in this mission, providing essential support to local businesses and helping them thrive.

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Impact




October, 2024

Frontier Financial Partners Inc significantly impacts economic development in the Midwest, particularly in the Emporia, KS area. By actively promoting and assisting local business growth, it plays a crucial role in enhancing the region's economic landscape. The organization focuses on increasing employment opportunities and payroll, which in turn boosts community prosperity.

Through its loan service and packaging programs, Frontier Financial Partners facilitates access to necessary capital for businesses, empowering them to expand and thrive. This support helps drive business volume, ultimately benefiting the overall economy of the region. By fostering a robust business environment, Frontier Financial Partners contributes not only to individual enterprises but also to the broader community, making a lasting positive impact on economic vitality and resilience in the area.




This information is meant to be a general summary of Frontier Financial Partners 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
$740,189 (2023)
Expenses
$707,023 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $60,524
  • Program Service Revenue: $679,649
  • Gross Receipts: $740,189

Assets and Liabilities:

  • Total Assets: $1,935,910
  • Total Liabilities: $123,863
  • Net Assets: $1,812,047

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Programs

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

LOAN SERVICING FEE

Revenue

$497,151

LOAN PROCESSING FEES

Revenue

$166,438

ADMINISTRATIVE FEES

Revenue

$16,060

Organization Details

Founding Year

1985

Principal Officer

Wayne Symmonds

Main Address

1512 W 6TH AVE, EMPORIA, KS, 66801

NTEE Category

Code: S43 - Community improvement

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