Overview
What is Cherokee Hills Rc&D Project Inc?
Cherokee Hills Rc&D Project Inc is a nonprofit organization situated in Oklahoma City, Oklahoma. Their primary mission involves administering a revolving loan program, aiming to provide financial assistance to individuals, small enterprises, and organizations. This initiative aims to foster job creation and community development. The organization's objective is to promote growth and development within the community by offering financing options.
Is Cherokee Hills Rc&D Project Inc legitimate?
Cherokee Hills Rc&D Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cherokee Hills Rc&D Project 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cherokee Hills Rc&D Project Inc?
Cherokee Hills Rc&D Project Inc operates a revolving loan program, serving individuals, small enterprises, and organizations. The primary aim of this program is to provide financing, thereby fostering job creation and promoting community development. By offering financial assistance, the organization aims to contribute to economic growth and improvement in the communities it serves.
Who is the CEO of Cherokee Hills Rc&D Project Inc?
Scott Herriman is the Chairmain of Cherokee Hills Rc&D Project Inc.
What is the revenue of Cherokee Hills Rc&D Project Inc?
Cherokee Hills Rc&D Project Inc's revenue in 2023 was $0.
Who are the executives of Cherokee Hills Rc&D Project Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cherokee Hills Rc&D Project Inc?
Cherokee Hills Rc&D Project Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cherokee Hills Rc&D Project Inc
Cherokee Hills Rc&D Project Inc is dedicated to promoting job creation and community development by administering a revolving loan program. This organization extends financing to individuals, small enterprises, and organizations, serving as a catalyst for economic growth and community enhancement. The mission of Cherokee Hills Rc&D Project Inc is to provide accessible funding, thereby fostering an environment conducive to job creation and overall community development.
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Impact
October, 2024
Cherokee Hills Rc&D Project Inc significantly impacts local economic growth and community development through its revolving loan program. By providing financial resources to individuals, small enterprises, and organizations, the initiative directly contributes to job creation, fostering a vibrant local economy. This support enables entrepreneurs to start or expand their businesses, facilitating new employment opportunities and enhancing the overall quality of life in Oklahoma City. Moreover, the focus on community improvement encourages collaboration and sustainable development, ensuring that the benefits of such financing extend beyond immediate economic gains to promote long-term community resilience and prosperity.
This information is meant to be a general summary of Cherokee Hills Rc&D Project 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 2023.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1989
Principal Officer
Scott Herriman
Main Address
PO BOX 20097, OKLAHOMA CITY, OK, 73156
NTEE Category
Code: S99 - Community improvement
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