First Southwest Community Fund
First Southwest Community Fund
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About this organization
Revenue
$388,558
Expenses
$161,585
Mission
First Southwest Community Fund supports the dedicated entrepreneurial spirit of rural Colorado, by investing in the people, culture and ideas that fuel innovation and financial knowledge in our community, with an emphasis on areas of greatest need.
About
USDA-IRP - Funds received in the form of a loan from the US Department of Agriculture to fund a revolving loan program that encourages economic development by providing funding for small businesses and agricultural producers that may not qualify for conventional loans, support projects that provide infrastructure and technology in rural communities that lead to new business and job creation, and alleviate poverty in low-income communities by providing opportunities for higher wage jobs.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “First southwest community fund supports the dedicated entrepreneurial spirit of rural colorado, by investing in the people, culture and ideas that fuel innovation and financial knowledge in our community, with an emphasis on areas of greatest need.”.
Their activities were defined as: “First southwest community fund supports the dedicated entrepreneurial spirit of rural colorado, by investing in the people, culture and ideas that fuel innovation and financial knowledge in our community, with an emphasis on areas of greatest need.”.
- As per legal requirements, the non-profit's state of operation is reported as CO.
- The non-profit's address in 2020 as per the filing is PO BOX 1139, ALAMOSA, CO, 81101.
- The form of the non-profit organization shows 0 employees as of 2020.
- 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 less than $100,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $226,973.
- The CEO's salary policy within the organization is not determined through a review and approval by an independent source.
- The organization has 6 independent voting members.
- The organization was formed in 2015.
- The organization is required to file Schedule B.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization's financial statements were reviewed by an accountant.