Cascade Capital Funding

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

EIN: 930854853 ✦ Salem, OR ✦ Designated as a 501(c)(4)

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Overview

What is Cascade Capital Funding?

Cascade Capital Funding is a nonprofit organization situated in Salem, Oregon. With a small team of three employees, their primary mission is to support the growth and expansion of local small businesses within their service areas. They achieve this by offering specialized loans and expertise, aiming to stimulate job creation within the community. Their operations are centered around providing the best financial support possible to Oregon-based entrepreneurs, helping them expand their businesses and contribute positively to the local economy.


Official website here: www.cascadecapitalfunding.com

Is Cascade Capital Funding legitimate?

Cascade Capital Funding is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cascade Capital Funding 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: $198,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,367

For more financial information, click here


Official website here: www.cascadecapitalfunding.com

What is the mission statement of Cascade Capital Funding?

Cascade Capital Funding is committed to offering specialized loans and expertise to small business owners in an effort to aid their growth and job creation. Their mission is to provide the best financing solutions, utilizing their expertise to support the expansion and development of these businesses. By offering new loans, Cascade Capital Funding stimulates the growth of small businesses located within their service areas.


Official website here: www.cascadecapitalfunding.com

Who is the CEO of Cascade Capital Funding?

Cindy Kent is the Executive Director of Cascade Capital Funding.


Official website here: www.cascadecapitalfunding.com

What is the revenue of Cascade Capital Funding?

Cascade Capital Funding's revenue in 2023 was $706,224.


Official website here: www.cascadecapitalfunding.com

Who are the executives of Cascade Capital Funding and what are their salaries?

The average compensation at Cascade Capital Funding during 2023 was $100,116. There are 3 employees and 11 volunteers at Cascade Capital Funding.


Here are 12 key members and their salaries:


Cindy Kent (Executive Director)
  • Compensation: $185,134
  • Related: $0
  • Other: $13,847
Rachel Wolfe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Tribbett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Merriman (Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pascone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abisha Stone (Secretary - Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron D Walker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Oconnor (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cascadecapitalfunding.com

Where can I find the form 990 for Cascade Capital Funding?

Cascade Capital Funding's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cascadecapitalfunding.com

Learn more at the official website: www.cascadecapitalfunding.com

Mission Statement of Cascade Capital Funding

Cascade Capital Funding, a notable entity, is committed to providing specialized loans and expertise to small business owners in Oregon. Their mission is to aid these entrepreneurs in expanding their businesses and creating job opportunities within their communities. By offering tailored financing solutions, Cascade Capital Funding seeks to stimulate the growth of these small businesses, contributing to the overall economic development of the region.

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Impact




October, 2024

Cascade Capital Funding significantly impacts Oregon's small business landscape by offering specialized loans and expert guidance tailored to the needs of entrepreneurs. By providing new financing options, they stimulate the growth and expansion of small businesses in the region. This not only supports individual business owners in achieving their goals but also fosters job creation and economic development within the community. Their commitment to empowering small businesses contributes to overall community improvement and enhances the vibrancy of the local economy, making Salem and surrounding areas more resilient and prosperous.




This information is meant to be a general summary of Cascade Capital Funding. 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
$706,224 (2023)
Expenses
$585,367 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $591
  • Program Service Revenue: $703,070
  • Gross Receipts: $706,224

Assets and Liabilities:

  • Total Assets: $712,672
  • Total Liabilities: $115,061
  • Net Assets: $597,611

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Programs

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

LOAN SERVICING FEES

Revenue

$317,488

FLOAT INCOME

Revenue

$75,247

LOAN CLOSING INCOME

Revenue

$307,230

LOAN INTEREST

Revenue

$3,105

Organization Details

Founding Year

1983

Principal Officer

Cindy Kent

Main Address

PO BOX 404, SALEM, OR, 97308

NTEE Category

Code: S43 - Community improvement

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