Desert Hot Springs Microloan Inc
- Assets
- $62.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Desert Hot Springs, CA
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-4516575
Organization Overview
Desert Hot Springs Microloan Inc is located in Desert Hot Springs, CA. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Desert Hot Springs Microloan Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SHORT TERM LOANS FOR NEW BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Crowson Secretarytreasurer | 1 | $0 | |
Jeff Bowman President | 0 | $0 | |
Kephyan Sheppard Director | 1 | $0 | |
Armando Rodriguez Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| 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 | $458 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $31 |
| Other expenses | $161 |
| Total expenses | $650 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,182 |
| Other assets | $0 |
| Total assets | $62,422 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,422 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Desert Hot Springs Microloan Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Bighorn Golf Club Charities Palm Desert, CA PURPOSE: FUND COMMUNITY BETTERMENT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
Maui Economic Development Board Inc Medb Kihei, HI | $10,649,362 | $7,742,311 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |
Providence Foundation Of San Francisco San Francisco, CA | $2,572,916 | $7,012,697 |
La Cocina Inc San Francisco, CA | $10,601,250 | $8,307,558 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Visit Napa Valley Inc Napa, CA | $10,680,406 | $9,057,176 |
Northern California Indian Development Council Inc Eureka, CA | $9,408,932 | $5,019,094 |
Greater Sacramento Area Economic Council Sacramento, CA | $15,768,585 | $3,467,560 |