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ORANGE COUNTY BUSINESS DEVELOPMENT CORP
MAYBROOK, NY · EIN 900249263 · Form 990EZ · FY2021 · Micro (<$100K)
revenue
$4
expenses
$918
net assets
$-3K
employees
—
mission · from form 990

PROVIDE LOW COST LOANS TO SMALL BUSINESSES.

profile · synthesized from sources

Nonprofit organization based in Maybrook, New York, focused on supporting small businesses through low-cost loan programs. Operates as a business development corporation serving Orange County, NY. Primary mission is to promote economic growth by increasing access to capital for small businesses.

named programs · 1 · from sources

What they call their work

Low-Cost Loan Program
Provides affordable financing options to small businesses in Orange County, NY, to support startup, expansion, and operational needs.
activities · 1 group

What they do

financials · form 990EZ · fy2021
revenue
Total revenue$4
Contributions & grants——
Program service revenue——
Investment income$4100%
Other revenue—
expenses
Total expenses$918
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out—
balance sheet
Total assets$276K
Cash—
Investments—
Liabilities—
Net assets$-3K
2 years on record · 2020–2021 · YoY revenue -98.2%
leadership · form 990 part vii · fy2021

Who runs it

board members · 4
  • JEAN SEXTON — BOARD MEMBER
  • TIM SCANNELL — BOARD MEMEBE
  • TOM SPERZEL — BOARD MEMBER
  • TONIA CROWN — BOARD MEMBER
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Microfinance for Small Business Development
    methodology: microfinance
    By providing low-cost loans, we enable small business creation and growth, because access to affordable capital is a critical barrier for entrepreneurs in underserved communities.