Lending For Evanston And Northwestern Development Incorpora
- Assets
- $129.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Evanston, IL
- Founding
- 11/2014
- Data as of
- 09/2022
- EIN
- 46-4859600
Organization Overview
Lending For Evanston And Northwestern Development Incorpora is located in Evanston, IL. The organization was established in 2014. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lending For Evanston And Northwestern Development Incorpora is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Lending For Evanston And Northwestern Development Incorpora generated $5.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (63.5%) each year. All expenses for the organization totaled $79.2k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DISBURSE LOANS TO QUALIFYING SMALL BUSINESSES FOCUSING ON UNDESERVED MARKETS IN EVANSTON - AN AVERAGE LOAN AMOUNTS TO $5,000 OR LESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Jean-Jacques Director | 3 | $0 | |
Robert Easter Director | 3 | $0 | |
Alayna Soehlke Director | 3 | $0 | |
Cindy Rawlings Treasurer | 5 | $0 | |
Michael Miro President | 5 | $0 | |
Anne Panek Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,825 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $385 |
| Total Revenue | $5,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,234 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,959 |
| Total expenses | $79,193 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,024 |
| Other assets | $0 |
| Total assets | $129,139 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,139 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lending For Evanston And Northwestern Development Incorpora has recieved totaling $7,538.
| Awarding Organization | Amount |
|---|---|
Globalgiving Foundation Inc Washington, DC PURPOSE: FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS | $7,538 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Womens Business Initiative Corporation Milwaukee, WI | $42,014,379 | $10,583,804 |
Allies For Community Business Inc Chicago, IL | $54,726,016 | $12,452,578 |
Small Business Aid Inc Shipshewana, IN | $1,429,380 | $3,351,237 |
Bunker Labs Nfp Inc Chicago, IL | $3,938,287 | $4,312,612 |
Technology Entrepreneur Center Inc St Louis, MO | $14,793,185 | $1,740,629 |
Bioconnect Iowa Des Moines, IA | $1,127,931 | $1,803,790 |
Premier Capital Corporation Indianapolis, IN | $2,695,127 | $1,528,792 |
Startingblock Madison Inc Madison, WI | $3,788,993 | $962,585 |
South Central Ozark Council Of Governments Pomona, MO | $2,561,241 | $1,014,983 |
Growth Alliance For Greater Evansville Inc Evansville, IN | $3,067,417 | $736,027 |
Regional Development Company Valparaiso, IN | $1,015,697 | $931,106 |
Iowa Community Capital Boone, IA | $2,471,585 | $1,776,388 |