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EIN 86-2366457

Iowa Center Loan Fund

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Des Moines
State
Iowa
Year formed
2022
Most recent tax filings
2023-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
The organization provides new or growing small businesses with access to capital. The program provides fixed interest rate loans with up to 5-year terms and no down payments required. As of june 30, 2021, 12 businesses had loans through the organization. As of june 30, 2023, 17 businesses had loans through the organization. As of june 30, 2022, 9 businesses had loans through the organization. Provide responsible, affordable lending to expand economic opportunity.
Total revenues
$14,449
2023
Total expenses
$16,533
2023
Total assets
$397,183
2023
Num. employees
n/a

Personnel at Iowa Center Loan Fund

NameTitleCompensation
Megan MilliganPresident$0
Alex PolzinDirector of Finance$0

Financials for Iowa Center Loan Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$500
Program services$13,949
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$14,449

Form 990s for Iowa Center Loan Fund

Fiscal year endingDate received by IRSFormPDF link
2022-062023-01-30990EZView PDF
2021-062022-03-01990EZView PDF

Organizations like Iowa Center Loan Fund

OrganizationLocationRevenue
We Invest in YouEden Prairie, MN$17,337
Oregon Capital Access NetworkGresham, OR$5,000
Baltimore County Small Business Loan FundTowson, MD$30,708
Lone Star State Capital CorporationHouston, TX$62,054
Bin Sba LoanTukwila, WA$19,801
MyfiNew York, NY$13,819
CreditBronx, NY$25,000
MicrolumbiaNew York, NY$16,384
Duquesne Business Advis0ry CorporationDuquesne, PA$13,374
Greenline Access CapitalPhiladelphia, PA$66,495
Data update history
August 9, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
May 15, 2023
Updated personnel
Identified 7 new personnel
May 10, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsCharities
Issues
Business and industry
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
2210 Grand Ave
Des Moines, IA 50312
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Phone
(515) 283-0940
IRS details
EIN
86-2366457
Fiscal year end
June
Taxreturn type
Form 990-EZ
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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