Overview
What is Capital Matrix Inc?
Capital Matrix Inc, located in Boise, Idaho, is a nonprofit organization dedicated to fostering economic growth and development within Idaho, Eastern Oregon, Montana, and Eastern Washington. Their primary mission involves advocating for businesses and collaborating with private sector lenders to make long-term capital, essential for real estate and equipment expansion, accessible to small businesses. This is done under the provisions of Section 504 of the Small Business Investment Act. The organization, counting a total of 12 employees, is committed to promoting and aiding the growth and development of businesses in the specified regions.
Official website here: www.capitalmatrix.org
Is Capital Matrix Inc legitimate?
Capital Matrix Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Capital Matrix 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: $424,421
Professional Fundraising Fees: $0
Other Salaries and Wages: $527,592
For more financial information, click here
Official website here: www.capitalmatrix.org
What is the mission statement of Capital Matrix Inc?
Capital Matrix Inc's mission is centered around promoting and facilitating the growth and development of businesses. Specifically, they focus on Idaho, Eastern Oregon, Montana, and Eastern Washington. They accomplish this by advocating for businesses and collaborating with private sector lenders. Their primary aim is to provide long-term capital, primarily to small businesses, for the expansion of their operations through real estate and equipment acquisitions, in line with the provisions of Section 504 of the Small Business Investment Act.
Official website here: www.capitalmatrix.org
Who is the CEO of Capital Matrix Inc?
Ann Munroe is the President of Capital Matrix Inc.
Official website here: www.capitalmatrix.org
What is the revenue of Capital Matrix Inc?
Capital Matrix Inc's revenue in 2022 was $1,706,997.
Official website here: www.capitalmatrix.org
Who are the executives of Capital Matrix Inc and what are their salaries?
The average compensation at Capital Matrix Inc during 2022 was $79,334. There are 12 employees and 15 volunteers at Capital Matrix Inc.
Here are 17 key members and their salaries:
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- Other: $30,100
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Official website here: www.capitalmatrix.org
Where can I find the form 990 for Capital Matrix Inc?
Capital Matrix Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.capitalmatrix.org
Learn more at the official website: www.capitalmatrix.org
Mission Statement of Capital Matrix Inc
Capital Matrix Inc, a nonprofit organization, is committed to driving economic growth and development in the regions of Idaho, Eastern Oregon, Montana, and Eastern Washington. To achieve this, the organization takes an active role in promoting and assisting businesses within these regions. Capital Matrix Inc accomplishes this mission by advocating on behalf of businesses and collaborating with private sector lenders. This partnership enables businesses, particularly small enterprises, to access essential resources such as long-term capital for real estate and equipment investments, which in turn aids in expanding their operations. By doing so, Capital Matrix Inc plays a significant role in fostering a conducive business environment and contributing to the overall economic development of the targeted regions.
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Impact
October, 2024
Capital Matrix Inc significantly impacts economic development in Idaho, Eastern Oregon, Montana, and Eastern Washington by advocating for small businesses and facilitating access to long-term capital. Their efforts are centered around promoting growth and development in these regions, which are often underserved in terms of financial resources. By partnering with private sector lenders, they help businesses secure funding for real estate and equipment, enabling them to expand and thrive.
The organization’s focus on small businesses is essential, as these enterprises are vital to local economies. Capital Matrix Inc's initiatives not only stimulate job creation but also foster community improvement and resilience. Their activities create a supportive environment for entrepreneurs, ensuring that they have the tools and resources necessary for sustainable growth. The collaborative approach between Capital Matrix Inc and local lenders enhances the overall economic landscape, ultimately contributing to the well-being of the communities they serve.
This information is meant to be a general summary of Capital Matrix 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 2022.
- Investment Income: $2,804
- Program Service Revenue: $1,704,193
- Gross Receipts: $1,706,997
Assets and Liabilities:
- Total Assets: $3,302,883
- Total Liabilities: $1,373,789
- Net Assets: $1,929,094
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Service Income
Revenue
$1,640,215
Loan Service Interest
Revenue
$63,978
Organization Details
Founding Year
1983
Phone
(208) 383-3473Principal Officer
Ann Munroe
Main Address
6429 WEST INTERCHANGE LANE, BOISE, ID, 83709
Website
www.capitalmatrix.orgNTEE Category
Code: S30 - Community improvement
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