Overview
What is East Tennessee Enterprise Partnership Inc?
East Tennessee Enterprise Partnership Inc is a nonprofit organization that focuses on supporting small businesses in East Tennessee. They offer financial assistance through their Revolving Loan Program, helping startups and businesses expand with accessible funds. Furthermore, their Intermediary Relending Program serves a similar purpose, providing additional resources for the growth of small enterprises. This organization plays a crucial role in the local economy by fostering business development and expansion.
Is East Tennessee Enterprise Partnership Inc legitimate?
East Tennessee Enterprise Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. East Tennessee Enterprise Partnership 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 East Tennessee Enterprise Partnership Inc?
East Tennessee Enterprise Partnership Inc's primary mission involves providing community support, specifically through two financing programs. The first is the Revolving Loan Program, which extends funds for the initiation and expansion of small businesses. The second is the Intermediary Relending Program, which also offers financing for the same purposes. These initiatives aim to stimulate business growth within the small business sector.
Who is the CEO of East Tennessee Enterprise Partnership Inc?
Leslie Winningham is the President of East Tennessee Enterprise Partnership Inc.
What is the revenue of East Tennessee Enterprise Partnership Inc?
East Tennessee Enterprise Partnership Inc's revenue in 2021 was $4,032.
Who are the executives of East Tennessee Enterprise Partnership Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for East Tennessee Enterprise Partnership Inc?
East Tennessee Enterprise Partnership Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of East Tennessee Enterprise Partnership Inc
East Tennessee Enterprise Partnership Inc, a nonprofit organization, is dedicated to providing enterprise community support. Its primary mission involves lending monies for the initiation and growth of small businesses. This support comes in two forms: the Revolving Loan Program and the Intermediary Relending Program. The former is designed to aid in the startup and expansion of small enterprises, while the latter serves the same purpose by relending funds for these purposes. This dual approach allows East Tennessee Enterprise Partnership Inc to play a significant role in fostering economic growth and opportunities within the small business sector.
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Impact
October, 2024
East Tennessee Enterprise Partnership Inc significantly enhances local economic development through its focused support of small businesses in the Huntsville, TN area. By offering financial resources such as the Revolving Loan Program and Intermediary Relending Program, the organization facilitates the startup and expansion of enterprises, empowering entrepreneurs to bring their ideas to fruition.
This support not only stimulates job creation but also fosters community improvement and economic resilience. By providing access to vital funding, East Tennessee Enterprise Partnership Inc plays a crucial role in nurturing a vibrant business ecosystem, which ultimately strengthens the overall community and encourages sustainable growth.
This information is meant to be a general summary of East Tennessee Enterprise Partnership 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $4,041
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Phone
(423) 215-6244Principal Officer
Leslie Winningham
Main Address
PO Box 186, Huntsville, TN, 37756
NTEE Category
Code: S31 - Community improvement
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