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Foundation For Little Co Revitalization

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

EIN: 831209129 ✦ Springerville, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Little Co Revitalization?

The Foundation for Little Co Revitalization, situated in Springerville, Arizona, is an urban development nonprofit organization. Its primary mission is to stimulate economic growth in Southern Apache County. The organization offers a revolving loan program specifically designed to assist small businesses in expanding their operations. By providing financial assistance, the Foundation aims to fuel local economic development and create opportunities for the community.

Is Foundation For Little Co Revitalization legitimate?

Foundation For Little Co Revitalization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Little Co Revitalization 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: $116,416

For more financial information, click here

What is the mission statement of Foundation For Little Co Revitalization?

The Foundation for Little Colorado Revitalization, being an urban development organization, has a mission centered around economic development. Specifically, its focus is on boosting the economy in the Southern Apache County area. To achieve this, they operate a revolving loan program, designed to support the expansion of small businesses within the region.

Who is the CEO of Foundation For Little Co Revitalization?

Karalea Cox is the President of Foundation For Little Co Revitalization.

What is the revenue of Foundation For Little Co Revitalization?

Foundation For Little Co Revitalization's revenue in 2022 was $272,868.

Who are the executives of Foundation For Little Co Revitalization and what are their salaries?

The average compensation at Foundation For Little Co Revitalization during 2022 was $16,631. There are 7 employees and 7 volunteers at Foundation For Little Co Revitalization.


Here are 7 key members and their salaries:


Karalea Cox (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Avery (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Shove (Secretary Treasurer)
  • Compensation: $47,150
  • Related: $0
  • Other: $0
Steve Nichols (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Wells (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hamblin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Wilfong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation For Little Co Revitalization?

Foundation For Little Co Revitalization's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Foundation For Little Co Revitalization

The Foundation for Little Co Revitalization, based on the information provided, is an urban development organization with a mission focused on economic development in Southern Apache County. Their primary objective is to establish and manage a revolving loan program, designed to assist small businesses in expanding their operations. This initiative aims to stimulate economic growth and development within the specified region, thereby contributing to the overall well-being of the community.

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Impact




October, 2024

The Foundation for Little Colorado Revitalization plays a significant role in driving economic growth in Southern Apache County. By focusing on urban development in Springerville, AZ, it facilitates a thriving environment for small businesses through its revolving loan program. This initiative not only provides essential funding for business expansion but also fosters community improvement and local job creation. The organization's efforts contribute to enhancing the overall economic landscape, making a lasting impact on the region's prosperity and sustainability.




This information is meant to be a general summary of Foundation For Little Co Revitalization. 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.

Revenue
$272,868 (2022)
Expenses
$521,233 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $265
  • Program Service Revenue: $174,974
  • Gross Receipts: $322,548

Assets and Liabilities:

  • Total Assets: $1,745,435
  • Total Liabilities: $1,978,624
  • Net Assets: -$233,189

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Programs

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

processing

Revenue

$174,974

Organization Details

Founding Year

2015

Principal Officer

Karalea Cox

Main Address

PO Box 1195, Springerville, AZ, 85938

NTEE Category

Code: S30 - Community improvement

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