Overview
What is Bin Sba Loan?
Bin Sba Loan is a nonprofit organization, specifically based in Tukwila, Washington, with a mission to provide financial aid and support to benefit small businesses and residents within the state. This organization's activities contribute to the growth of businesses in underserved communities, as stated in the description. The paraphrased description of their mission reveals that Bin Sba Loan aims to serve and support small businesses and residents in Washington, with the ultimate goal of fostering economic growth and development within the state.
Is Bin Sba Loan legitimate?
Bin Sba Loan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bin Sba Loan 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: $47,406
For more financial information, click here
What is the mission statement of Bin Sba Loan?
Bin Sba Loan's mission is centered around providing financial aid and support to benefit small businesses and residents within the state of Washington. Their primary objective is to expand business opportunities in underserved communities. By offering loan financing, they aim to cater to the needs of these entities, ultimately contributing to their growth and job creation. In essence, Bin Sba Loan serves as a catalyst for economic development in the state, fostering a thriving business environment.
Who is the CEO of Bin Sba Loan?
Joe Sky-Tucker is the Board Chair of Bin Sba Loan. The CEO's salary of Bin Sba Loan is $0 and their total compensation is $137,244.
What is the revenue of Bin Sba Loan?
Bin Sba Loan's revenue in 2022 was $19,801.
Who are the executives of Bin Sba Loan and what are their salaries?
There 10 volunteers at Bin Sba Loan.
Here are 11 key members and their salaries (Bin Sba Loan's CEO's salary is $0 and their total compensation is $137,244):
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- Compensation: $0
- Related: $119,773
- Other: $17,471
Where can I find the form 990 for Bin Sba Loan?
Bin Sba Loan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bin Sba Loan
Bin Sba Loan, a mission-driven organization, is dedicated to providing loan financing and support to serve the needs of and benefit small businesses and residents in the state of Washington. Their primary goal is to foster business growth in underserved communities, ultimately creating job opportunities. By offering loan financing and support, Bin Sba Loan aims to contribute positively to the local economy and improve the lives of residents by empowering small businesses.
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Impact
August, 2024
Bin Sba Loan, operating as Business Impact NW, plays a crucial role in growing businesses that create jobs in underserved communities. By providing loan financing and support services, Bin Sba Loan directly contributes to the economic development and prosperity of small businesses and residents in the state of Washington. This organization's impact extends beyond mere financial assistance, as it aims to empower individuals and enterprises to thrive and make a positive contribution to their communities.
This information is meant to be a general summary of Bin Sba Loan. 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.
- Program Service Revenue: $19,801
- Gross Receipts: $19,801
Assets and Liabilities:
- Total Assets: $581,182
- Total Liabilities: $512,352
- Net Assets: $68,830
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SBA LOAN INTEREST
Revenue
$19,801
Organization Details
Founding Year
2016
Phone
(206) 324-4330Principal Officer
Joe Sky-Tucker
Main Address
12720 GATEWAY DR S 270, TUKWILA, WA, 98166
NTEE Category
Code: W60 - Public benefit
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