Overview
What is Orange County Business Development Corp?
Orange County Business Development Corp, located in Maybrook, New York, is a dedicated nonprofit organization with a primary focus on supporting small businesses. Their mission is twofold: firstly, they offer affordable loans to small enterprises, aiming to alleviate financial constraints and foster their growth. Secondly, they strive to enhance overall business conditions in the local community. This nonprofit organization plays a crucial role in promoting economic development and empowering small businesses in their region.
Is Orange County Business Development Corp legitimate?
Orange County Business Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Orange County Business Development Corp submitted a form 990EZ, 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.
What is the mission statement of Orange County Business Development Corp?
The Orange County Business Development Corporation, serving as a small business development organization, is committed to its mission. This mission involves providing affordable loans to small businesses and working towards enhancing overall business conditions. In essence, their goal is to foster a conducive environment for small businesses to thrive.
Who is the CEO of Orange County Business Development Corp?
Heather Bell is the President of Orange County Business Development Corp.
What is the revenue of Orange County Business Development Corp?
Orange County Business Development Corp's revenue in 2022 was $4.
Who are the executives of Orange County Business Development Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990EZ for Orange County Business Development Corp?
Orange County Business Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Orange County Business Development Corp
Orange County Business Development Corporation, a small business development organization, is committed to serving its community by achieving two primary objectives. Firstly, the corporation provides affordable loans to small businesses, aiming to boost their financial stability and growth. Secondly, it strives to enhance business conditions, contributing to a thriving and prosperous local business environment. By fulfilling these goals, the Orange County Business Development Corporation plays a crucial role in fostering economic development and supporting the growth of small businesses within its community.
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Impact
October, 2024
Orange County Business Development Corp plays a vital role in fostering economic growth and stability in the region by providing low-cost loans to small businesses. By enhancing access to financial resources, the organization supports local entrepreneurs in overcoming capital challenges, ultimately contributing to job creation and community development. Its mission to improve business conditions enables small enterprises to thrive, innovate, and expand, which positively impacts the overall economy of Maybrook, NY, and surrounding areas. The organization's focus on community improvement ensures that revitalization and support extend to various sectors, promoting a vibrant business ecosystem.
This information is meant to be a general summary of Orange County Business Development Corp. 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: $4
- Gross Receipts: $4
Assets and Liabilities:
- Total Assets: $275,672
- Total Liabilities: $278,806
- Net Assets: -$3,134
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Organization Details
Phone
(845) 294-1700Principal Officer
Heather Bell
Main Address
924 HOMESTEAD AVE, MAYBROOK, NY, 12543
NTEE Category
Code: S43 - Community improvement
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