Iowa Foundation for Microenterprise and Community Vitality
Iowa Foundation for Microenterprise and Community Vitality
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About this organization
Mission
To provide funding for microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.
About
To provide funding for microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.
Interesting data from their 2019 990 filing
The purpose of the non-profit is listed in the filing as “To provide funding for microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.”.
When discussing its operations, they were characterized as: “To provide funding for microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.”.
- The non-profit's legally reported state of operation is IA.
- The filing states that the non-profit's address in the year 2019 is PO BOX 793, BOONE, IA, 50036.
- The form submitted by the non-profit for 2019 shows a total of 9 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$65,029.
- The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 17 independent voting members.
- The organization was formed in 2008.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $199,898 in salary, compensation, and benefits to its employees.
- The organization pays $0 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.