Access Business Development & Finance Inc

Organization Overview

Access Business Development & Finance Inc is located in West Chester, OH. The organization was established in 1984. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2022, Access Business Development & Finance Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Access Business Development & Finance Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 03/2022, Access Business Development & Finance Inc generated $191.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $219.5k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO GUIDE GROWING SMALL BUSINESSES ON THEIR JOURNEY OF EXPANSION AND DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST SMALL BUSINESSES IN OBTAINING FINANCING THROUGH THE US SBA 504 LOAN PROGRAM.


TO ASSIST SMALL BUSINESSES IN OBTAINING FINANCING THROUGH SOURCES OTHER THAN THE US SBA 504 LOAN PROGRAM WHEN THEY DO NOT QUALIFY.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Mccreanor
CEO
$103,338
Patrick Landi
Board President
$0
John Kirsh
Board Treasurer
$0
Brendan Burns
Board Vice President
$0
Dennis Gramann
Director
$0
Timothy Sheridan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$190,827
Investment income $827
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $191,654

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