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ROCKY MOUNTAIN MICROFINANCE

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Public nonprofit record

ROCKY MOUNTAIN MICROFINANCE

EIN 26-3218152 · Community & Neighborhood Development (S20)

What they do

RMMFI Creates The Space for Communities and People of All Backgrounds to Realize Their Unique Potential Through The Power of Entrepreneurship. RMMFI Invests In Entrepreneurs Personal and Business Development Through A Proven Mix of Classroom Instructions, Coaching, Captial, and Community. Since 2008, RMMFI Has Supported The Launch or Expansion of More Than 785 Businesses In Colorado, Approximately 805 of Which Are Owned By Women And/or People of Color. RMMFI Has Made Loans Totaling Over $1,733,387 and Experienced A 93% Repayment Rate. Intentionally Built Along The "Idea, Launch, and Thrive" Business Incubator Pathway, RMMFIs Programs Help Entrepreneurs Build Strong Foundations In Both Their Businesses and Their Lives. The Organizations Holistic Approach Brings People, Businesses, and Coummunities Together to Allow Indivduals to Tap Into The Social and Economic Benefits of Business Ownership and Create Impact for Their Business, Their Household, and Their Community.

Money

Financial picture

Tax year 2024
Revenue$2,757,406
Expenses$3,051,914
Assets$2,446,252
Income$3,033,774
Contributions$2,625,315
Grants given$78,100
Average grant$39,050
Management$241,275
Executive compensation$146,250
Accounting fees$40,667

About this charity

Recognized since
January 2010
Location
1824 Lincoln St, Denver, CO 80203
County
Denver
In care of
Jessica Sveen
Primary officer
Jessica Sveen, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990
Tax preparer
MONEY FORWARD WHIPPLEWOOD LLC
NTEE classification
Community & Neighborhood Development (S20)
IRS tax category
Community & Neighborhood Development
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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