Colorado Enterprise Fund Inc.
Colorado Enterprise Fund Inc.
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About this organization
Mission
Provide financing and support to entrepreneurs and small businesses.
About
Small Business Loan Program - CEF aggregates and leverages capital to spur investment and build capacity for those who are excluded from mainstream bank financing and entrepreneurial networks, specifically targeting low-income and minority small business owners. CEF provides financing options when banks cannot lend or cannot lend enough, specializing in loans up to $500,000 for new and existing small businesses and social enterprises throughout Colorado. CEF catalyzes business ownership and job creation by offering flexible financing products, personalized client support, one-on-one business coaching, and access to additional resources for underserved entrepreneurs.
Interesting data from their 2020 990 filing
The non-profit's aim, as indicated in the filing, is “To accelerate community prosperity by financing and supporting entrepreneurs and small businesses.”.
When referring to its functions, they were specified as: “Provide financing and support to entrepreneurs and small businesses.”.
- The non-profit has reported their operating state as CO, as required by law.
- As stated in the filing, the non-profit's address in 2020 was 1888 Sherman St Ste 530, Denver, CO, 80203.
- The non-profit's form reports a total of 26 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $63,312.
- The organization has 14 independent voting members.
- The organization was formed in 1976.
- The organization pays $2,034,850 in salary, compensation, and benefits to its employees.
- The organization pays $274,664 in fundraising expenses.