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Aspermont Small Business Development Center

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

EIN: 751218257 ✦ Aspermont, TX ✦ Designated as a 501(c)(3)

Overview

What is Aspermont Small Business Development Center?

The Aspermont Small Business Development Center is a nonprofit organization situated in Aspermont, Texas. It serves the communities of Haskell, Jones, Kent, Knox, Stonewall, and Throckmorton. The primary focus of this organization is to offer rural public transportation, energy assistance, and other essential services to underprivileged individuals. In particular, their energy assistance program aids elderly, disabled, and low-income residents by covering utility bills during high usage periods and emergencies. They also support repair and energy efficiency improvements to their heating and cooling equipment.


Is Aspermont Small Business Development Center legitimate?

Aspermont Small Business Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspermont Small Business Development Center 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: $71,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $734,370

For more financial information, click here


What is the mission statement of Aspermont Small Business Development Center?
Who is the CEO of Aspermont Small Business Development Center?
What is the revenue of Aspermont Small Business Development Center?
Who are the executives of Aspermont Small Business Development Center and what are their salaries?

The average compensation at Aspermont Small Business Development Center during 2023 was $29,833. There are 27 employees at Aspermont Small Business Development Center.

Here are 22 key members and their salaries:


Where can I find the form 990 for Aspermont Small Business Development Center?

Mission Statement of Aspermont Small Business Development Center

The Aspermont Small Business Development Center is dedicated to serving the communities in the Texas counties of Haskell, Jones, Kent, Knox, Stonewall, and Throckmorton. Its mission is multifaceted, encompassing the provision of rural public transportation, energy assistance, and various other forms of aid.

In particular, the center offers an extensive energy assistance program designed to support elderly, disabled individuals, and other low-income families. This program aims to alleviate financial stress during peak utility usage periods and emergencies by assisting with bill payments. Furthermore, the program promotes energy efficiency by providing necessary repairs and improvements to clients' heating and cooling equipment.

In essence, the Aspermont Small Business Development Center plays a crucial role in improving the lives of its constituents by addressing their essential needs, including transportation and energy requirements. By providing these vital services, the center contributes to the overall well-being and sustainability of the communities it serves.

Impact

This information is meant to be a general summary of Aspermont Small Business Development Center. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

The impact of the Aspermont Small Business Development Center is significant in providing vital assistance to the rural communities in Texas. Through its comprehensive energy assistance program, the center helps elderly, disabled, and low-income individuals by offering support to pay utility bills during peak usage and emergency situations. Additionally, the center promotes energy efficiency by providing repairs and maintenance services for heating and cooling equipment. This assistance plays a crucial role in ensuring the well-being and comfort of individuals in the Texas counties of Haskell, Jones, Kent, Knox, Stonewall, and Throckmorton.





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 2023.

  • Investment Income: $-32,983
  • Program Service Revenue: $34,154
  • Gross Receipts: $4,264,774

    • Assets and Liabilities:
  • Total Assets: $2,232,140
  • Total Liabilities: $30,306
  • Net Assets: $2,201,834
  • Programs

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

    Rural Transport Fee

    Revenue

    $29,825

    Emergency Energy Crisis

    Revenue

    $4,329

    Organization Details

    Founding Year

    1965

    Principal Officer

    Lynn Dodson

    Main Address

    9660 US Highway 83 S, Aspermont, TX, 795022220

    NTEE Category

    Code: P600 - Human services

    If you are a representative of Aspermont Small Business Development Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.