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Shenandoah Community Capital Fund Inc

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

EIN: 261798076 ✦ Staunton, VA ✦ Designated as a 501(c)(3)

Overview

What is Shenandoah Community Capital Fund Inc?

Shenandoah Community Capital Fund Inc is a nonprofit organization situated in Staunton, Virginia, specifically at 11 N Central Ave 2nd Floor, dedicated to fostering a more inclusive and equitable business environment for entrepreneurs and small business owners within the Shenandoah Valley region. Their services encompass providing loans ranging from $500 to $50,000 to startups, existing small businesses, and entrepreneurs, offering technical assistance throughout the loan period. Additionally, they offer acceleration and business incubation programs to entrepreneurs aiming to establish, maintain, or grow scalable businesses in the Shenandoah Valley. They also conduct community-based training classes and workshops on various business management topics and collaborate with regional organizations to support entrepreneurial activities. Employing ten individuals, Shenandoah Community Capital Fund Inc strives to create a thriving ecosystem that empowers entrepreneurship and small business development in Virginia.


Official website here: www.sccfva.org/

Is Shenandoah Community Capital Fund Inc legitimate?

Shenandoah Community Capital Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shenandoah Community Capital Fund Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $101,577
Professional Fundraising Fees: $0
Other Salaries and Wages: $309,381

For more financial information, click here


Official website here: www.sccfva.org/

What is the mission statement of Shenandoah Community Capital Fund Inc?

Shenandoah Community Capital Fund Inc's mission is centered around creating a more accessible and equitable environment for entrepreneurs and small business owners. The organization aims to achieve this by providing financing and development services, including loans ranging from $500 to $500,000 to various businesses. Additionally, they offer technical assistance, acceleration and business incubation programs, and community-based training classes and workshops. Furthermore, Shenandoah Community Capital Fund Inc strives to build and sustain an ecosystem that leverages partnerships throughout the region to support entrepreneurial activities.


Official website here: www.sccfva.org/

Who is the CEO of Shenandoah Community Capital Fund Inc?

Deborah Irwin is the President of Shenandoah Community Capital Fund Inc.


Official website here: www.sccfva.org/

What is the revenue of Shenandoah Community Capital Fund Inc?

Shenandoah Community Capital Fund Inc's revenue in 2022 was $937,977.


Official website here: www.sccfva.org/

Who are the executives of Shenandoah Community Capital Fund Inc and what are their salaries?

The average compensation at Shenandoah Community Capital Fund Inc during 2022 was $41,096. There are 10 employees and 43 volunteers at Shenandoah Community Capital Fund Inc.

Here are 12 key members and their salaries:

    Deborah Irwin (Executive Director)
  • Compensation: $72,769
  • Related: $0
  • Other: $2,236

    • Juan Pablo Berrizbeitia (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Gillies (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peyton Wright (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Dimeo (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Atin Basu Choudhary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Brock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dalton Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Covington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marlena Hobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gretchen Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yolanda Shields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sccfva.org/

    Where can I find the form 990 for Shenandoah Community Capital Fund Inc?

    The Shenandoah Community Capital Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sccfva.org/

    Learn more at the official website: www.sccfva.org/

    Mission Statement of Shenandoah Community Capital Fund Inc

    Shenandoah Community Capital Fund Inc, a nonprofit organization, is dedicated to constructing a more inclusive and equitable business environment for entrepreneurs and small business owners. Their vision is to foster an accessible ecosystem for these individuals in the Shenandoah Valley of Virginia. To accomplish this, Shenandoah Community Capital Fund Inc offers a range of services, including providing loans ranging from $500 to $50,000 to entrepreneurs, startups, or existing small businesses. They offer technical assistance throughout the life of the loan, ensuring the borrowers have the necessary support to succeed.

    In addition to financing, Shenandoah Community Capital Fund Inc also offers acceleration and business incubation programs to entrepreneurs aiming to start, sustain, or grow scalable businesses in the Shenandoah Valley. Furthermore, they provide community-based training classes and workshops on various topics related to business management. By leveraging organizational partnerships throughout the region, Shenandoah Community Capital Fund Inc works to build and sustain an ecosystem that supports entrepreneurial activity.

    Impact

    This information is meant to be a general summary of Shenandoah Community Capital Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Shenandoah Community Capital Fund Inc is making a significant impact by helping to build a more accessible and equitable ecosystem for entrepreneurs and small business owners in the Shenandoah Valley of Virginia. Through providing financing and development services, including loans ranging from $500 to $50,000, technical assistance, acceleration and business incubation programs, and community-based training classes and workshops, SCCF is empowering individuals to start, sustain, and grow their businesses. By leveraging organizational partnerships throughout the region, SCCF is playing a vital role in supporting entrepreneurial activity and fostering community improvement in the Shenandoah Valley.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $76
  • Program Service Revenue: $35,478
  • Gross Receipts: $937,977

    • Assets and Liabilities:
  • Total Assets: $739,062
  • Total Liabilities: $422,383
  • Net Assets: $316,679
  • Programs

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

    LOAN PROGRAM INTEREST

    Revenue

    $21,720

    TRAINING FEES

    Revenue

    $13,258

    VIDA PROGRAM INCOME

    Revenue

    $500

    Organization Details

    Founding Year

    2008

    Principal Officer

    Deborah Irwin

    Main Address

    11 N CENTRAL AVE 2ND FLOOR, STAUNTON, VA, 24401

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Shenandoah Community Capital Fund Inc 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.