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Northern Community Investment Corp

Northern Community Investment Corp

St. Johnsbury, VT 05819
Tax ID02-0318035

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Amount

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About this organization

Revenue

$1,788,924

Expenses

$1,799,969

Website

ncic.org

Mission

Financial assistance through investments, grants, loans, loan guarantees, and leasing of equipment which recipients could not finance elsewhere

About

Lending: NCIC provides commercial loans to businesses so as to strengthen businesses, communities and employment opportunities. NCIC provided 10 loans to businesses during fiscal year 2019. From this, 670 jobs were created and preserved.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “Strengthening businesses, communities, and employment opportunities across northern new hampshire and northeastern vermont.”.

When referring to its tasks, they were referred to as: “Financial assistance through investments, grants, loans, loan guarantees, and leasing of equipment which receipients could not finance elsewhere”.

  • The non-profit's state of operation has been legally reported as NH.
  • According to the latest filing, the non-profit's address in 2020 is 51 DEPOT SQUARE NO 2, ST JOHNSBURY, VT, 05819.
  • The total number of employees reported by the non-profit on their form for 2020 is 14.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$11,045.
  • The organization has 15 independent voting members.
  • The organization was formed in 1975.
  • The organization pays $973,829 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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