Overview
What is Access Community Capital?
Access Community Capital is a nonprofit organization situated in Las Vegas, Nevada, specifically at 9205 W RUSSELL RD SUITE 240 BLDG 3. Their primary mission is to foster strong communities and economic development by making strategic investments and forming effective partnerships. They achieve this by offering low-cost loans to underserved small businesses, thereby encouraging growth and development within low to moderate-income communities. Additionally, Access Community Capital provides program services, such as capacity-building technical assistance, to assist these businesses in their growth journey. With a team of four dedicated individuals, the organization plays a significant role in supporting local businesses and stimulating community development.
Official website here: www.accesscdfi.org
Is Access Community Capital legitimate?
Access Community Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Access Community 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: $294,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $277,793
For more financial information, click here
Official website here: www.accesscdfi.org
What is the mission statement of Access Community Capital?
Access Community Capital's mission is to stimulate community and economic development by offering affordable loans to underserved small businesses. Their strategic investments and partnerships aim to foster strong communities and promote economic growth, particularly in low to moderate-income areas. Beyond loans, they also provide grant funding, investments, and capacity-building technical assistance to assist in the expansion of these businesses. The organization's primary goal is to support small businesses, thereby contributing to the overall development of the community.
Official website here: www.accesscdfi.org
What is the revenue of Access Community Capital?
Access Community Capital's revenue in 2023 was $969,046.
Official website here: www.accesscdfi.org
Who are the executives of Access Community Capital and what are their salaries?
The average compensation at Access Community Capital during 2023 was $81,740. There are 7 employees and 4 volunteers at Access Community Capital.
Here are 5 key members and their salaries:
- Compensation: $187,752
- Related: $0
- Other: $6,778
- Compensation: $106,633
- Related: $0
- Other: $8,088
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.accesscdfi.org
Where can I find the form 990 for Access Community Capital?
Access Community Capital's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.accesscdfi.org
Learn more at the official website: www.accesscdfi.org
Mission Statement of Access Community Capital
Access Community Capital, as a nonprofit organization, is committed to providing low-cost loans to underserved small businesses. This mission is driven by the goal of fostering community and economic development. By strategically investing and forming partnerships, Access Community Capital aims to support the growth of small businesses in low to moderate-income communities. In addition to offering loans, the organization also provides grants and investments, and offers capacity-building technical assistance as program services. This holistic approach encourages the economic development of these communities, thereby contributing to the creation of strong, resilient communities.
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Impact
July, 2024
Access Community Capital's impact can be seen in the growth and development of underserved small businesses in low to moderate-income communities. By providing low-cost loans, grants, and investments, Access Community Capital is fostering economic development and creating stronger communities. Their strategic investments and effective partnerships are empowering small businesses to thrive, contributing to the overall economic vitality of the area. Through capacity-building technical assistance and tailored program services, Access Community Capital is truly making a difference in encouraging community and economic development in Las Vegas, NV.
This information is meant to be a general summary of Access Community 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 2023.
- Investment Income: $173,026
- Program Service Revenue: $716,649
- Gross Receipts: $969,046
Assets and Liabilities:
- Total Assets: $7,767,080
- Total Liabilities: $134,405
- Net Assets: $7,632,675
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHILD CARE PROJECT
Revenue
$369,898
PROGRAM FEES
Revenue
$346,751
Organization Details
Founding Year
2021
Principal Officer
Nic Steele
Website
www.accesscdfi.orgNTEE Category
Code: S31 - Community improvement
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