Overview
What is Greater Texas Capital Corporation?
Greater Texas Capital Corporation is a nonprofit organization situated in Tyler, Texas. With a team of 17 dedicated individuals, their primary mission is to contribute to the general welfare of Texas by assisting small businesses in securing funding. They accomplish this by facilitating access to SBA 504 loans, a program designed to aid small businesses in procuring necessary capital for growth and expansion. Their efforts in this area contribute positively to the economic landscape of Texas.
Official website here: www.getcdc.org
Is Greater Texas Capital Corporation legitimate?
Greater Texas Capital Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater Texas Capital 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,040,322
For more financial information, click here
Official website here: www.getcdc.org
What is the mission statement of Greater Texas Capital Corporation?
The Greater Texas Capital Corporation's mission is focused on enhancing the statewide general welfare in Texas. They accomplish this by assisting small businesses in securing funding through the SBA 504 Loan Program. This program serves as a crucial tool, enabling these businesses to access capital necessary for growth and development. By facilitating this process, the corporation contributes to the economic vitality and job creation within the state.
Official website here: www.getcdc.org
Who is the CEO of Greater Texas Capital Corporation?
Todd Buchanan is the Director Of Sales & Marketing of Greater Texas Capital Corporation.
Official website here: www.getcdc.org
What is the revenue of Greater Texas Capital Corporation?
Greater Texas Capital Corporation's revenue in 2022 was $2,692,913.
Official website here: www.getcdc.org
Who are the executives of Greater Texas Capital Corporation and what are their salaries?
The average compensation at Greater Texas Capital Corporation during 2022 was $120,725. There are 17 employees at Greater Texas Capital Corporation.
Here are 19 key members and their salaries:
- Compensation: $370,520
- Related: $0
- Other: $56,865
- Compensation: $243,585
- Related: $0
- Other: $58,660
- Compensation: $123,258
- Related: $0
- Other: $0
- Compensation: $112,064
- Related: $0
- Other: $0
- Compensation: $101,637
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.getcdc.org
Where can I find the form 990 for Greater Texas Capital Corporation?
Greater Texas Capital Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.getcdc.org
Learn more at the official website: www.getcdc.org
Mission Statement of Greater Texas Capital Corporation
Greater Texas Capital Corporation, a notable entity, is dedicated to enhancing the general welfare across Texas by providing assistance to small businesses. They achieve this mission through the Small Business Administration (SBA) 504 Loan Program. This program serves as a crucial tool for small businesses in the state, facilitating their access to funding. By offering this financial aid, Greater Texas Capital Corporation contributes to the growth and development of these businesses, thereby improving the economic landscape of Texas as a whole.
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Impact
October, 2024
Greater Texas Capital Corporation plays a significant role in fostering economic development and community improvement across Texas. By facilitating access to funding for small businesses through the SBA 504 Loan Program, the organization supports local entrepreneurs in overcoming financial barriers and achieving their growth ambitions. This assistance not only enhances the viability of small businesses but also contributes to job creation and economic stability within communities.
Through its efforts, Greater Texas Capital Corporation promotes the general welfare throughout the state, ensuring that small enterprises receive the necessary financial resources to thrive. This, in turn, helps to bolster the local economy, encouraging a vibrant market environment that benefits residents and businesses alike. By prioritizing small business assistance, the organization enhances overall community well-being and fosters a culture of entrepreneurship across Texas.
This information is meant to be a general summary of Greater Texas Capital 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: $2,146
- Program Service Revenue: $2,690,767
- Gross Receipts: $2,692,913
Assets and Liabilities:
- Total Assets: $1,373,285
- Total Liabilities: $320,347
- Net Assets: $1,052,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN PROCESSING FEES
Revenue
$960,110
LOAN SERVICING FEES
Revenue
$1,730,657
Organization Details
Founding Year
1994
Phone
(903) 535-9229Principal Officer
Todd Buchanan
Main Address
PO BOX 8274, TYLER, TX, 75711
Website
www.getcdc.orgNTEE Category
Code: S43 - Community improvement
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