Overview
What is First Southwest Community Fund?
First Southwest Community Fund is a nonprofit organization situated in Alamoso, Colorado. Their primary mission is to stimulate economic growth in rural areas by offering loans to small businesses and agricultural producers who may not qualify for conventional financing. The funds are also used to support projects that establish infrastructure and technology in these communities, thereby fostering new businesses and job creation. Moreover, the organization aims to reduce poverty in low-income communities by providing opportunities for higher-paying jobs. Committed to the entrepreneurial spirit of rural Colorado, First Southwest Community Fund invests in the local community, focusing on areas of significant need.
Official website here: www.fswcf.org
Is First Southwest Community Fund legitimate?
First Southwest Community Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Southwest Community Fund 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: $110,195
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,846
For more financial information, click here
Official website here: www.fswcf.org
What is the mission statement of First Southwest Community Fund?
The mission of First Southwest Community Fund is centered around nurturing the entrepreneurial spirit in rural Colorado. They achieve this by investing in the local population, culture, and innovative ideas, with a focus on addressing areas of significant need. The primary objective is to stimulate financial knowledge and innovation, ultimately contributing to the growth and development of the community. The fund receives financial assistance through a loan from the US Department of Agriculture, which is utilized to support small businesses and agricultural producers who may not meet the criteria for conventional loans. Additionally, the funds are allocated towards projects that provide essential infrastructure and technology in rural areas, fostering new businesses and job creation. Moreover, the fund aims to alleviate poverty in low-income communities by offering opportunities for higher-paying jobs.
Official website here: www.fswcf.org
Who is the CEO of First Southwest Community Fund?
Kent Curtis is the President of First Southwest Community Fund.
Official website here: www.fswcf.org
What is the revenue of First Southwest Community Fund?
Who are the executives of First Southwest Community Fund and what are their salaries?
The average compensation at First Southwest Community Fund during 2022 was $45,340. There are 6 employees at First Southwest Community Fund.
Here are 9 key members and their salaries:
- Azarel Madrigal (Executive Dir.)
- Kent Curtis (President) [Trustee/Director]
- Christie Spears (Secretary) [Trustee/Director]
- Dr Beverlee Mcclure (Director)
- Liza Marron (Director)
- Ty Coleman (Director)
- Beatriz Garcia (Director)
- Tanya Perea Doose (Director)
- Jason Medina (Director)
Official website here: www.fswcf.org
Where can I find the form 990 for First Southwest Community Fund?
The First Southwest Community Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.fswcf.org
Learn more at the official website: www.fswcf.org
Mission Statement of First Southwest Community Fund
First Southwest Community Fund is committed to nurturing the enterprising spirit of rural Colorado. They achieve this by investing in the people, culture, and ideas that drive innovation and financial literacy within the community, with a focus on addressing areas of greatest need. This organization's mission is to serve as a catalyst for growth, providing funding and resources to small businesses and agricultural producers who may not qualify for conventional loans. Furthermore, First Southwest Community Fund supports projects that enhance infrastructure and technology in rural communities, ultimately fostering new business opportunities and job creation. By addressing poverty in low-income communities, the organization offers prospects for higher-paying jobs, thereby contributing to the overall betterment of the community.
Impact
This information is meant to be a general summary of First Southwest Community Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
First Southwest Community Fund's impact is demonstrated through its dedication to supporting the entrepreneurial spirit and economic development in rural Colorado. By investing in the people, culture, and innovative ideas of the community, the Fund fuels financial knowledge and fosters innovation. Through its revolving loan program funded by the USDA-IRP, the organization provides crucial funding to small businesses and agricultural producers who may not qualify for traditional loans. This support helps create new businesses, jobs, and infrastructure in rural areas, ultimately contributing to economic growth and poverty alleviation in low-income communities.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2015
Phone
(970) 375-1100
Principal Officer
Kent Curtis
Main Address
PO BOX 1139, ALAMOSA, CO, 81101
Website
www.fswcf.org
NTEE Category
Code: P20 - Human services
If you are a representative of First Southwest Community Fund 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.