Overview
What is Tulare Local Development Co?
Tulare Local Development Co is a nonprofit organization, specifically based in Tulare, California. Its primary mission is to support the growth and development of local businesses within the city. They accomplish this by offering low-interest business loans. This financial aid is designed to foster community development, thereby contributing positively to the economic landscape of Tulare. The organization's activities are geared towards empowering local entrepreneurs and businesses, ultimately improving the overall well-being of the community.
Is Tulare Local Development Co legitimate?
Tulare Local Development Co is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tulare Local Development Co 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 Tulare Local Development Co?
Tulare Local Development Company's mission is centered around providing affordable business loans, specifically with lower interest rates. This mission is aimed at fostering community development within the business sector. By offering these loans, the company plays a significant role in supporting local businesses, thereby contributing to the overall growth and prosperity of the community. The organization's activities primarily revolve around funding local business development.
Who is the CEO of Tulare Local Development Co?
John Thomas is the President of Tulare Local Development Co.
What is the revenue of Tulare Local Development Co?
Tulare Local Development Co's revenue in 2022 was $30,661.
Who are the executives of Tulare Local Development Co and what are their salaries?
Here are 6 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
Where can I find the form 990 for Tulare Local Development Co?
Tulare Local Development Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tulare Local Development Co
Tulare Local Development Co, as its name suggests, is an organization dedicated to providing affordable business loans for community development. Their primary mission revolves around offering low-interest loans to local businesses, thereby contributing to the overall growth and development of the community. By offering these loans, Tulare Local Development Co aims to foster a thriving business environment within the city, ultimately benefiting the community as a whole. The organization's efforts in funding local business development are a significant contribution to the city of Tulare, as they help small and medium-sized enterprises grow and create jobs, thereby boosting the local economy.
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
Tulare Local Development Co has a significant impact on the community by providing low-interest business loans that facilitate local business development in Tulare, California. By funding small businesses, the organization enhances economic growth and job creation within the region, stimulating the local economy. This focus on community improvement not only helps entrepreneurs establish and expand their ventures but also fosters a vibrant business environment that benefits residents. As a result, Tulare Local Development Co plays a crucial role in enhancing the overall quality of life in Tulare through economic empowerment and support for local entrepreneurship.
This information is meant to be a general summary of Tulare Local Development Co. 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: $4,745
- Program Service Revenue: $25,916
- Gross Receipts: $30,661
Assets and Liabilities:
- Total Assets: $1,560,547
- Total Liabilities: $0
- Net Assets: $1,560,547
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME - NOTES
Revenue
$25,916
Organization Details
Phone
(559) 688-7401Principal Officer
John Thomas
Main Address
PO BOX 1811, TULARE, CA, 93275
NTEE Category
Code: S31 - Community improvement
If you are a representative of Tulare Local Development Co 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.