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Iowa Community Capital

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

EIN: 421502371 ✦ Boone, IA ✦ Designated as a 501(c)(3)

Overview

What is Iowa Community Capital?

Iowa Community Capital is a dedicated nonprofit organization established in Boone, Iowa. Their mission is to improve the social and economic well-being of individuals and communities by offering financial services. They achieve this by providing loans to low-and moderate-income individuals residing in Iowa. This financial assistance aids in strengthening their financial standing and contributes to the overall development of their communities.


Official website here: www.solidaritymicrofinance.org

Is Iowa Community Capital legitimate?

Iowa Community Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Community Capital 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: $23,693
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,310

For more financial information, click here


Official website here: www.solidaritymicrofinance.org

What is the mission statement of Iowa Community Capital?

Iowa Community Capital's mission is centered around enhancing the social and economic well-being of individuals and communities. They achieve this by offering financial services, specifically providing loans to low-and moderate-income individuals. This organization aims to contribute to the betterment of their communities through accessible and suitable financial solutions. By extending loans, Iowa Community Capital seeks to empower individuals and communities, thereby fostering growth and development.


Official website here: www.solidaritymicrofinance.org

Who is the CEO of Iowa Community Capital?

Craig Downs is the Chairman of Iowa Community Capital.


Official website here: www.solidaritymicrofinance.org

What is the revenue of Iowa Community Capital?

Iowa Community Capital's revenue in 2023 was $500,434.


Official website here: www.solidaritymicrofinance.org

Who are the executives of Iowa Community Capital and what are their salaries?

Here are 13 key members and their salaries:

    Mark Edelman (Chairman) [Trustee/Director]
  • Compensation: $23,693
  • Related: $0
  • Other: $0

    • Craig Downs (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clarence Mcgregor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Burt Chojnowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Kindwall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Schmitz (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reshonda Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Guldenphennig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Erb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Menner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince Lintz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Stadler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Jon Sargeant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.solidaritymicrofinance.org

    Where can I find the form 990 for Iowa Community Capital?

    The Iowa Community Capital’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.solidaritymicrofinance.org

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

    Mission Statement of Iowa Community Capital

    Iowa Community Capital is a mission-driven organization committed to enhancing the social and economic well-being of individuals and communities. They accomplish this goal by offering financial services, specifically providing loans to low- and moderate-income individuals residing in Iowa. By offering such loans, this nonprofit aims to empower its beneficiaries, contributing to their overall improvement and development.

    Impact

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




    Wednesday, July 24, 2024

    Iowa Community Capital's impact is seen through its provision of loans to low- and moderate-income individuals in Iowa. By offering financial services, they contribute to strengthening the social and economic well-being of individuals and communities in the region. Their work directly impacts the lives of those who may not have easy access to traditional financial resources, empowering them to improve their quality of life and contribute to the overall community improvement in Iowa.





    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 2023.

  • Investment Income: $57,459
  • Program Service Revenue: $0
  • Gross Receipts: $500,434

    • Assets and Liabilities:
  • Total Assets: $2,399,096
  • Total Liabilities: $29,330
  • Net Assets: $2,369,766
  • Organization Details

    Principal Officer

    Craig Downs

    Main Address

    915 8TH STREET 205, BOONE, IA, 50036

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Iowa Community Capital 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.