Overview
What is Bside Capital?
Bside Capital is a nonprofit organization situated in Denver, Colorado, with a primary focus on promoting economic growth within local communities. They specialize in supporting diverse small businesses by effectively managing and delivering the U.S. Small Business Administration 504 Loan Program. Committed to enhancing its public visibility, Bside Capital aims to be recognized as a leading economic development company. With an eye towards expansion, the organization seeks to expand its reach to communities where access to capital is limited. Furthermore, Bside Capital diversifies its offerings to provide a comprehensive suite of products and services for small businesses. As of now, the organization employs 48 individuals.
Official website here: www.bsidecapital.org
Is Bside Capital legitimate?
Bside Capital is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bside Capital 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: $1,455,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,830,238
For more financial information, click here
Official website here: www.bsidecapital.org
What is the mission statement of Bside Capital?
Bside Capital's mission is centered around fostering economic growth for diverse small businesses within various communities. They aim to achieve this by excelling in the operation and delivery of the US Small Business Administration 504 Loan Program to small business owners. Bside Capital also strives to increase its public visibility, positioning itself as a leading economic development company. Furthermore, the organization is committed to expanding its services to underserved communities where access to capital is limited. Lastly, Bside Capital seeks to diversify its product and service offerings to better cater to the needs of the small businesses it serves.
Official website here: www.bsidecapital.org
Who is the CEO of Bside Capital?
Christopher Myers is the Chief Executive Officer of Bside Capital. The CEO's salary of Bside Capital is $341,962 and their total compensation is $346,577.
Official website here: www.bsidecapital.org
What is the revenue of Bside Capital?
Bside Capital's revenue in 2022 was $6,475,400.
Official website here: www.bsidecapital.org
Who are the executives of Bside Capital and what are their salaries?
The average compensation at Bside Capital during 2022 was $89,292. There are 48 employees and 18 volunteers at Bside Capital.
Here are 25 key members and their salaries (Bside Capital's CEO's salary is $341,962 and their total compensation is $346,577):
- Compensation: $341,962
- Related: $0
- Other: $4,615
- Compensation: $217,108
- Related: $0
- Other: $25,080
- Compensation: $0
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- Other: $0
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- Compensation: $214,228
- Related: $0
- Other: $24,970
- Compensation: $149,993
- Related: $0
- Other: $22,518
- Compensation: $142,698
- Related: $0
- Other: $17,646
- Compensation: $135,722
- Related: $0
- Other: $17,658
- Compensation: $120,727
- Related: $0
- Other: $20,837
Official website here: www.bsidecapital.org
Where can I find the form 990 for Bside Capital?
Bside Capital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bsidecapital.org
Learn more at the official website: www.bsidecapital.org
Mission Statement of Bside Capital
Bside Capital, a mission-driven organization, is committed to fostering the economic growth of diverse small businesses within their communities. Their primary objective is to achieve and maintain excellence in the operation and delivery of the U.S. Small Business Administration 504 Loan Program to small business owners. This program aims to provide necessary financial support, thereby contributing to the economic development of these businesses.
Beyond this, Bside Capital also strives to improve its public visibility. The organization aspires to be recognized as a leading economic development company by its partners, peers, and customers. This increased visibility is essential for attracting potential partners and ensuring the sustainability of its mission.
Furthermore, Bside Capital is constantly positioning itself for expansion. The organization wants to be ready to serve small businesses in communities where access to capital is limited. By doing so, it seeks to make a significant impact in these communities, promoting economic growth and development.
Lastly, Bside Capital is dedicated to diversifying the products and services it offers. This diversification allows the organization to better meet the needs of the diverse small businesses it serves, thereby enhancing its capacity to contribute to their economic growth.
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Impact
October, 2024
Bside Capital plays a significant role in fostering economic growth within diverse communities by focusing on the needs of small businesses. Their commitment to delivering the U.S. Small Business Administration 504 loan program empowers small business owners, particularly in areas where access to capital is often limited. By enhancing the visibility of their organization, Bside Capital positions itself as a leader in economic development, attracting partnerships and recognition that can further amplify their impact.
Moreover, Bside Capital continuously seeks to expand its operations and diversify its range of products and services, ensuring that they can meet the evolving needs of small businesses. This proactive approach not only supports existing entrepreneurs but also paves the way for new ventures, fostering a vibrant economic landscape. Through these initiatives, Bside Capital contributes to community improvement and stimulates sustainable economic development in Denver and beyond.
This information is meant to be a general summary of Bside Capital. 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: $378,837
- Program Service Revenue: $5,780,125
- Gross Receipts: $6,485,400
Assets and Liabilities:
- Total Assets: $13,171,742
- Total Liabilities: $6,609,071
- Net Assets: $6,562,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SBA 504 SERVICING FEES
Revenue
$3,058,505
SBA 504 PACKING FEES
Revenue
$2,194,559
INTEREST REBATE
Revenue
$295,685
OTHER PACKING & SERVIC
Revenue
$219,869
LOAN LIQUIDATION RECOV
Revenue
$11,507
Organization Details
Founding Year
1990
Phone
(303) 657-0010Principal Officer
Christopher Myers
Main Address
3350 BRIGHTON BLVD SUITE 135, DENVER, CO, 80216
Website
www.bsidecapital.orgNTEE Category
Code: S43 - Community improvement
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