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EIN 43-1925293

Scale Link

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Zebulon
State
North Carolina
Year formed
2001
Most recent tax filings
2024-03-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
To support Community development financial institutions (cdfis) through the creation and ongoing development of a secondary market for cdfi small business loans. To exercise any, all and every lawful power of a nonprofit corporation organized under Missouri law; provided, however, that nothing herein shall be construed to give the corporation any purpose that is not permitted under internal revenue code section 501(c)(3). The corporation's mission is to promote savings, home ownership, health, education and economic development. To promote housing, savings and economic development.
Also known as...
Great Rivers Community Trust; Eba Fund
Total revenues
$9,521,573
2024
Total expenses
$4,634,135
2024
Total assets
$37,516,587
2024
Num. employees
0
2024

Program areas at Scale Link

Grct provides technical assistance and capital to nonprofit cdfis to help them originate more small business loans under $50,000 in size to borrowers who lack access to traditional bank loans, particularly entrepreneurs of color and women entrepreneurs in low-to-moderate income census tracts and with under $1 million of gross annual revenue.

Grants made by Scale Link

GranteeGrant descriptionAmount
Accion Opportunity Fund Community DevelopmentGeneral Support$907,139
AccessityGeneral Support$336,677
DreamSpringGeneral Support$256,138
...and 10 more grants made

Who funds Scale Link

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Winston-Salem Foundation1 Grant(s) for Varying Purposes$250,000

Financials for Scale Link

RevenuesFYE 03/2024
Total grants, contributions, etc.$7,490,019
Program services$514,909
Investment income and dividends$1,516,645
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,521,573
Data update history
March 30, 2025
Posted financials
Added Form 990 for fiscal year 2024
March 26, 2025
Used new vendors
Identified 1 new vendor, including
January 4, 2025
Received grants
Identified 1 new grant, including a grant for $250,000 from The Winston-Salem Foundation
May 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
33 S Chesapeake Way
Zebulon, NC 27597
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Phone
(812) 764-0097
IRS details
EIN
43-1925293
Fiscal year end
March
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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