Overview
What is Alliance Lending Corporation?
Alliance Lending Corporation is a nonprofit organization based in Fort Worth, Texas, specifically located at 1150 South Freeway Suite 215. Their primary mission is to administer loans to for-profit businesses across Texas, utilizing various government loan programs. They operate as a SBA Loan Program, packaging loans for submission to the SBA for approval and subsequent servicing of the approved loans. With a team of five dedicated individuals, they aim to facilitate financial assistance for businesses within the state, contributing to economic growth and development.
Official website here: www.alliancecdc.com
Is Alliance Lending Corporation legitimate?
Alliance Lending Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alliance Lending Corporation 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: $141,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $318,568
For more financial information, click here
Official website here: www.alliancecdc.com
What is the mission statement of Alliance Lending Corporation?
Alliance Lending Corporation's mission is centered around administering loans to for-profit businesses, extending its services across various government loan programs. The corporation plays a crucial role in packaging loans for submission to the Small Business Administration (SBA) for approval, and subsequently, managing the servicing of approved loans. This mission aims to provide financial support to businesses, contributing to their growth and development.
Official website here: www.alliancecdc.com
Who is the CEO of Alliance Lending Corporation?
James Stokes is the Executive Director of Alliance Lending Corporation.
Official website here: www.alliancecdc.com
What is the revenue of Alliance Lending Corporation?
Alliance Lending Corporation's revenue in 2022 was $418,202.
Official website here: www.alliancecdc.com
Who are the executives of Alliance Lending Corporation and what are their salaries?
The average compensation at Alliance Lending Corporation during 2022 was $92,064. There are 5 employees and 10 volunteers at Alliance Lending Corporation.
Here are 7 key members and their salaries:
- Compensation: $141,750
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.alliancecdc.com
Where can I find the form 990 for Alliance Lending Corporation?
Alliance Lending Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alliancecdc.com
Learn more at the official website: www.alliancecdc.com
Mission Statement of Alliance Lending Corporation
Alliance Lending Corporation, as a financial institution, is committed to administering loans to for-profit businesses across the state of Texas. They achieve this mission by leveraging various government loan programs. By packaging loans for submission to the Small Business Administration (SBA) for approval and servicing approved loans, Alliance Lending Corporation plays a crucial role in providing financial support to numerous businesses in need. This mission aims to stimulate economic growth and development in the state, ultimately benefiting both the businesses and the communities they serve.
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Impact
October, 2024
Alliance Lending Corporation plays a vital role in enhancing the economic landscape of Texas by facilitating access to financial resources for for-profit businesses across the state. By administering loans through various government programs, including the SBA Loan Program, they streamline the process of obtaining financing for local enterprises. This assistance not only helps businesses secure necessary funding but also promotes growth, job creation, and overall community improvement.
Through effective loan packaging and servicing, Alliance Lending Corporation enables entrepreneurs to navigate the complexities of financial applications, ultimately supporting the sustainability and expansion of businesses in Fort Worth and beyond. Their commitment to connecting businesses with vital financial resources fosters a prosperous environment that benefits the entire community.
This information is meant to be a general summary of Alliance Lending Corporation. 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.
- Investment Income: $37,254
- Program Service Revenue: $380,948
- Gross Receipts: $418,202
Assets and Liabilities:
- Total Assets: $1,658,331
- Total Liabilities: $197,327
- Net Assets: $1,461,004
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN SERVICING & PACKAGING FEES
Revenue
$380,948
Organization Details
Founding Year
1976
Phone
(817) 871-6444Principal Officer
James Stokes
Main Address
1150 South Freeway Suite 215, Fort Worth, TX, 761045064
Website
www.alliancecdc.comNTEE Category
Code: S30Z - Community improvement
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