Fort Collins Local Development Company

Fort Collins Local Lending Company

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

EIN: 840878717 ✦ Fort collins, CO ✦ Designated as a 501(c)(4)

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Overview

What is Fort Collins Local Development Company?

Fort Collins Local Development Company is a nonprofit organization, operating under the name Fort Collins Local Lending Company, located in Fort Collins, Colorado. Their primary mission is to foster the aesthetic and economic development of downtown Fort Collins. They achieve this by offering low-interest loans, more favorable than conventional market rates, for facade and interior renovation projects. Since its inception, the company has funded over 100 projects, significantly contributing to the enhancement of the city's appearance and overall economic growth.


Official website here: www.fcllc.org

Is Fort Collins Local Development Company legitimate?

Fort Collins Local Development Company is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fort Collins Local Development Company 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: $0

For more financial information, click here


Official website here: www.fcllc.org

What is the mission statement of Fort Collins Local Development Company?

The Fort Collins Local Development Company aims to enhance the aesthetic and economic development of a specific area, not specified, by providing below-market rate loans for renovation projects. This organization promotes the rejuvenation of the chosen location by offering more favorable low-interest loans for facade and interior renovation projects than what is available in the conventional market. Since its inception, the company has funded over 100 projects, playing a significant role in the aesthetic enhancement and general economic development of the area. Its mission is to contribute to the overall improvement and revitalization of the chosen location.


Official website here: www.fcllc.org

Who is the CEO of Fort Collins Local Development Company?

Steve Taylor is the President of Fort Collins Local Development Company.


Official website here: www.fcllc.org

What is the revenue of Fort Collins Local Development Company?

Fort Collins Local Development Company's revenue in 2022 was $6,655.


Official website here: www.fcllc.org

Who are the executives of Fort Collins Local Development Company and what are their salaries?


Here are 10 key members and their salaries:


Steve Taylor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Robenalt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Santangelo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wyrick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Nuttall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Goodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Rankin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Trupp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rico Devlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fcllc.org

Where can I find the form 990 for Fort Collins Local Development Company?

Fort Collins Local Development Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fcllc.org

Learn more at the official website: www.fcllc.org

Mission Statement of Fort Collins Local Development Company

The Fort Collins Local Development Company, in its mission, is dedicated to enhancing the aesthetic and economic development of downtown Fort Collins. It achieves this by providing below-market rate loans for renovation projects, making them more financially favorable than the conventional market. This organization has played a significant role in the rejuvenation of downtown Fort Collins, funding over 100 projects since its inception. By offering these loans, it has contributed to the aesthetic enhancement and broader economic development of the city, making it an integral part of the city's growth and transformation.

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Impact




October, 2024

Fort Collins Local Development Company significantly enhances the aesthetic and economic landscape of downtown Fort Collins, Colorado, by providing below-market rate loans for renovation projects. Since its inception, the organization has funded over 100 projects, facilitating the rejuvenation of the area through favorable financing options for facade and interior renovations. This initiative not only boosts the visual appeal of downtown Fort Collins but also contributes to the broader economic development of the city, fostering a vibrant community that attracts visitors and supports local businesses. Each funded project plays a critical role in creating a more inviting and economically robust environment, making a lasting impact on the heart of the city.




This information is meant to be a general summary of Fort Collins Local Development Company. 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
$6,655 (2022)
Expenses
$2,847 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $306
  • Program Service Revenue: $6,349
  • Gross Receipts: $6,655

Assets and Liabilities:

  • Total Assets: $730,992
  • Total Liabilities: $0
  • Net Assets: $730,992

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Programs

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

NOTE RECEIVABLE INTEREST INCOME

Revenue

$6,349

Organization Details

Founding Year

1978

Principal Officer

Steve Taylor

Main Address

PO BOX 1774, FORT COLLINS, CO, 80522

NTEE Category

Code: A80 - Arts

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