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Ecia Business Growth Inc

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

EIN: 421207483 ✦ Dubuque, IA ✦ Designated as a 501(c)(3)

Overview

What is Ecia Business Growth Inc?

Ecia Business Growth Inc, headquartered in Dubuque, Iowa, serves as a facilitator for eligible businesses seeking financial assistance. They primarily process loan applications and disburse loans under the Small Business Administration (SBA) and various revolving loan programs. Their mission is to support the growth and development of businesses by providing them with subordinated loans, thereby contributing to the local economy and fostering financial stability.


Official website here: www.ecia.org

Is Ecia Business Growth Inc legitimate?

Ecia Business Growth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecia Business Growth 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ecia.org

What is the mission statement of Ecia Business Growth Inc?

Ecia Business Growth Inc's primary mission is centered around processing loan applications and providing subordinated loans to eligible businesses. This is accomplished through collaborations with the Small Business Administration (SBA) and various revolving loan funds. The organization's goal is to support the growth and development of these businesses, thereby contributing to economic growth and job creation. By offering financial assistance, Ecia Business Growth Inc plays a crucial role in fostering entrepreneurship and facilitating access to capital for eligible businesses.


Official website here: www.ecia.org

Who is the CEO of Ecia Business Growth Inc?

Sara Domeyer is the Chair Person of Ecia Business Growth Inc.


Official website here: www.ecia.org

What is the revenue of Ecia Business Growth Inc?

Ecia Business Growth Inc's revenue in 2022 was $1,010,238.


Official website here: www.ecia.org

Who are the executives of Ecia Business Growth Inc and what are their salaries?

Here are 13 key members and their salaries:

    Linda Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Boss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Buschmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Domeyer (Chair Person) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Heiar (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Hein (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Hook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leo Mcgarry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Vacant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelley Deutmeyer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Stoffel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ecia.org

    Where can I find the form 990 for Ecia Business Growth Inc?

    The Ecia Business Growth Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ecia.org

    Learn more at the official website: www.ecia.org

    Mission Statement of Ecia Business Growth Inc

    Ecia Business Growth Inc, as a nonprofit organization, is committed to a mission centered around processing loan applications and making subordinated loans to eligible businesses. This mission is primarily achieved through partnerships with the Small Business Administration (SBA) and various revolving loan funds. The organization's role is instrumental in providing these businesses with financial support, serving as a crucial bridge between them and potential lenders. This mission aims to stimulate business growth and development, contributing to the broader economic landscape. By processing loan applications and making loans under the SBA and revolving loan programs, Ecia Business Growth Inc plays a crucial role in supporting the growth and sustainability of eligible businesses.

    Impact

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




    Saturday, July 20, 2024

    Ecia Business Growth Inc's impact can be seen in the support it provides to eligible businesses through its loan processing and lending activities. By processing loan applications and offering subordinated loans under the SBA and various revolving loan programs, Ecia Business Growth Inc plays a crucial role in facilitating access to much-needed financial resources for businesses in Dubuque, Iowa. This support not only helps businesses grow and thrive but also contributes to the overall improvement of the local community.





    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: $10,198
  • Program Service Revenue: $1,000,040
  • Gross Receipts: $1,010,238

    • Assets and Liabilities:
  • Total Assets: $5,347,810
  • Total Liabilities: $1,032,546
  • Net Assets: $4,315,264
  • Programs

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

    CARES RLF GRANT PROCEEDS

    Revenue

    $641,000

    LOAN SERVICE FEES

    Revenue

    $104,537

    PROGRAM LOAN INTEREST

    Revenue

    $80,348

    LOAN CLOSING FEES

    Revenue

    $74,936

    CARES LOAN CLOSING FEES

    Revenue

    $55,542

    Organization Details

    Founding Year

    1983

    Principal Officer

    Sara Domeyer

    Main Address

    7600 COMMERCE PARK, DUBUQUE, IA, 52002

    NTEE Category

    Code: S400 - Community improvement

    If you are a representative of Ecia Business Growth 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.