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County Corp Development

County Corp Development

Dayton, OH 45402
Tax ID31-1023724

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About this organization

Revenue

$222,012

Expenses

$358,346

Website

bizcap.org

Mission

To improve the quality of life for residents of Montgomery County and neighboring counties through improved economic development opportunities. The primary purpose is the creation and retention of jobs in Montgomery and surrounding counties.

About

Operated the SBA 504 loan program in the state of Ohio. Processed, approved and closed loans and provided servicing on loan portfolio of 63 loans. Approved 5 loans totaling $2,636,000 which when closed will leverage additional senior lending institution financing of $3,720,976 and $892,207 of owner's equity and which will result in the creation of 41 jobs. Closed 2 loans totaling $470,000 which leveraged additional financing from senior lending institutions of $561,872 and owner's equity of $113,350. These closed loans will result in the creation of 8 jobs.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “To provide financing to small businesses for their growth and development throughout ohio. ccd primarily serves montgomery, greene, miami, clark, shelby, darke, champaign, preble, warren and butler counties. ccd also serves six counties in indiana: wayne, randolph, jay, union, fayette and franklin. ccd's goal is to create and retain jobs in these service areas.”.

When discussing its purpose, they were characterized as: “To improve the quality of life for residents of montgomery county and neighboring counties through improved economic development opportunities. the primary purpose is the creation and retention of jobs in montgomery and surrounding counties.”.

  • The state in which the non-profit is legally authorized to operate is OH, as reported.
  • The filing confirms that the non-profit's address in 2020 was 130 W 2ND STREET NO 1420, DAYTON, OH, 45402.
  • The form of the non-profit reports 0 employees as of 2020.
  • 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 -$136,334.
  • The organization has 12 independent voting members.
  • The organization was formed in 1981.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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