Overview
What is Community Business Partnership Inc?
Community Business Partnership Inc, situated in Springfield, Virginia, serves as a significant resource for small businesses in need of financial and technical assistance. Based at 6564 Loisdale Court Suite 600, this nonprofit organization provides valuable training opportunities and alternative debt financing for businesses aiming to grow and expand. In response to the needs of the business community, they have made rapid response loans available through the Small Business Association's Community Development Financial Institutions Fund. The primary mission of Community Business Partnership Inc is to empower small businesses, contributing to the overall economic growth and development of the community.
Official website here: www.cbponline.org
Is Community Business Partnership Inc legitimate?
Community Business Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Business Partnership 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.cbponline.org
What is the mission statement of Community Business Partnership Inc?
Community Business Partnership Inc's mission revolves around offering technical and financial assistance to small businesses. In pursuit of this goal, they operate a Business Finance Center (BFC) that provides financial education and training opportunities. Furthermore, they offer alternative debt financing for businesses aiming to grow and expand. In response to the needs of small businesses, the organization made rapid response loans available through the Small Business Association's Community Development Financial Institutions Fund.
Official website here: www.cbponline.org
Who is the CEO of Community Business Partnership Inc?
Robert Lemay is the Executive Director (Through May 2022) of Community Business Partnership Inc.
Official website here: www.cbponline.org
What is the revenue of Community Business Partnership Inc?
Community Business Partnership Inc's revenue in 2022 was $2,862,044.
Official website here: www.cbponline.org
Who are the executives of Community Business Partnership Inc and what are their salaries?
- Mark Scarano (Executive Director (Through May 2022))
- Robert Lemay (Chairman) [Trustee/Director]
- Karen Smaw (Vice Chairman) [Trustee/Director]
- Rafael Martinez (Secretary-Treasurer) [Trustee/Director]
- Diane Dempsey (Director)
- Kelly Hebron (Director)
- Robin Valentine (Director)
- Sharon Steele Esq (Director)
- John Ashkar (Director)
- Thomas Ntuk (Director)
Official website here: www.cbponline.org
Where can I find the form 990 for Community Business Partnership Inc?
The Community Business Partnership Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cbponline.org
Learn more at the official website: www.cbponline.org
Mission Statement of Community Business Partnership Inc
Community Business Partnership Inc, a nonprofit organization, is committed to providing technical and financial assistance to small businesses. Their primary mission is to offer financial education and training opportunities, as well as alternative debt financing, to businesses seeking to grow and expand. This support is provided through their Business Finance Center (BFC). In addition, the organization has made new rapid response loans available to small businesses through the Small Business Association's Community Development Financial Institutions Fund. This proactive approach enables businesses to overcome financial challenges and expand their operations, contributing positively to their communities.
Impact
This information is meant to be a general summary of Community Business Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Community Business Partnership Inc's impact is evident through its provision of technical and financial assistance to small businesses. Through its Business Finance Center (BFC), the organization offers financial education and training opportunities, as well as alternative debt financing options for businesses looking to grow and expand. Additionally, Community Business Partnership Inc has facilitated the availability of new rapid response loans through the Small Business Association's Community Development Financial Institutions Fund. This support directly contributes to the resilience and success of small businesses in Springfield, VA, ultimately fostering economic growth and empowerment within the local community.
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:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND MAIL BOX RENT
Revenue
$98,180
PROGRAM CLASS FEES
Revenue
$71,828
LOAN INTEREST AND FEES
Revenue
$33,086
Organization Details
Founding Year
1995
Phone
(703) 768-1440
Principal Officer
Robert Lemay
Main Address
6564 LOISDALE COURT SUITE 600, SPRINGFIELD, VA, 22150
Website
www.cbponline.org
NTEE Category
Code: A99Z - Arts
If you are a representative of Community Business Partnership 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.