Community Capital of Vermont Inc.
Community Capital of Vermont Inc.
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About this organization
Mission
To help small businesses and lower income entrepreneurs prosper through the provision of flexible business financing.
About
Community Capital of Vermont is a statewide small business and microenterprise lender serving low and moderate income entrepreneurs. Our loans range in size from 1,000 to 100,000 and can be used for business start-up or growth and expansion. CCVT specializes in providing loans to business owners who lack the collateral or credit history to qualify for traditional bank loans.
Interesting data from their 2019 990 filing
The filing clearly states the mission of the non-profit as “To help small businesses and lower income entrepreneurs prosper through the provision of flexible business financing.”.
When outlining its functions, they were explained as: “To help small businesses and lower income entrepreneurs prosper through the provision of flexible business financing.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as VT.
- The filing records the non-profit's address for 2019 as PO BOX 342, BARRE, VT, 05641.
- As of 2019, the non-profit's form reports a total of 7 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$242,856.
- The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 2001.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $322,321 in salary, compensation, and benefits to its employees.
- The organization pays $3,507 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.