Overview
What is Small Business Empowerment Fund Cdfi?
The Small Business Empowerment Fund Cdfi is a community development financial institution (CDFI) located in Wildwood, Missouri (specifically at 180 Sagez Court). This nonprofit organization primarily focuses on lending to low-income communities at reasonable interest rates, contributing to the financial well-being of underserved markets and populations within the St. Louis City and county. By providing credit and financial services, the Small Business Empowerment Fund Cdfi aims to support local economic growth and empower communities in need.
Is Small Business Empowerment Fund Cdfi legitimate?
Small Business Empowerment Fund Cdfi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Small Business Empowerment Fund Cdfi 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
What is the mission statement of Small Business Empowerment Fund Cdfi?
The Small Business Empowerment Fund Cdfi, serving as a community development financial institution, primarily focuses on the St. Louis area. Its mission is to extend credit and financial services to underserved markets and populations, aiding in their economic growth and development. The institution lends to low-income communities at reduced interest rates, thereby empowering small businesses and contributing to their financial stability. This initiative ultimately aims to foster economic growth and improve the overall well-being of the communities it serves.
Who is the CEO of Small Business Empowerment Fund Cdfi?
Kevin Wilson is the Board Member of Small Business Empowerment Fund Cdfi.
What is the revenue of Small Business Empowerment Fund Cdfi?
Small Business Empowerment Fund Cdfi's revenue in 2022 was $125,285.
Who are the executives of Small Business Empowerment Fund Cdfi and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Small Business Empowerment Fund Cdfi?
Small Business Empowerment Fund Cdfi's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Small Business Empowerment Fund Cdfi
The Small Business Empowerment Fund CDFi, as a community development financial institution, is devoted to providing credit and financial services to underserved markets and populations primarily within the St. Louis City and county. Their mission, in essence, is to extend financial assistance to these communities at affordable interest rates. By doing so, they aim to foster economic growth and development within these underserved areas, thereby empowering small businesses to thrive.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Small Business Empowerment Fund CDFI plays a significant role in enhancing economic opportunity in underserved markets, particularly within St. Louis City and County. By offering low-interest loans to low-income communities, the Fund facilitates access to essential financial resources that can help foster business development and growth.
This institution focuses on empowering small businesses that typically encounter barriers in accessing conventional financial services. By providing tailored financial support, the Fund not only promotes individual entrepreneurship but also contributes to the overall upliftment of the community. As a result, the Small Business Empowerment Fund CDFI helps stimulate local economies, create jobs, and improve the overall quality of life for residents in the regions it serves, leading to sustainable community improvement.
This information is meant to be a general summary of Small Business Empowerment Fund Cdfi. 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: $285
- Gross Receipts: $125,285
Assets and Liabilities:
- Total Assets: $128,586
- Total Liabilities: $4,231
- Net Assets: $124,355
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2020
Phone
(314) 241-1697Principal Officer
Kevin Wilson
Main Address
1808 Sagez Ct, Wildwood, MO, 63011
NTEE Category
Code: S30 - Community improvement
If you are a representative of Small Business Empowerment Fund Cdfi and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.