Organizations Filed Purposes:
Economic Development Loans and Business Technical Assistance ACT!'s mission is building wealth and creating economic opportunities in Georgia by providing affordable access to capital and business development services to aspiring entrepreneurs and small business owners.
Economic Development Loans
Program Expenses (Loans) Servicing existing loans Funded 16 loans for $670,366 creating/retaining 112 jobs. DCED loan underwriting assistance. Private Sector Dollars Leveraged $438,777 Act was able to provide access to capital, coaching, and connections for those businesses that were affected by COVID-19 by providing techical assistance in redesigning business operations to meet the required CDC guidelines. ACT was able to leverage our funding by assisting businesses in obtaining PPP loans and other disaster related funds.
Technical Assistance: Participated in and hosted monthly entreprenurial and small business development conferences. Participated in and hosted weekly business start-up technical assistance meetings. Hosted 7 workshops/presentations providing technical assistance to over 154 attendees/clients.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Thelma Johnson | President/CEO | 40 | $77,551 |
| Johnny Hamilton | VP Business Lending | 20 | $28,060 |
| Todd Fowler | VP Accounting | 20 | $15,002 |
| Jennifer Wilson | Board Member | 0 | $0 |
| Easter Hardy | Board Member | 0 | $0 |
| Valerie Brown-Williams | Board Member | 0 | $0 |
| Trent Williams | Board Member | 0 | $0 |
| Scott Tomlinson | Board Chairman | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202131329349302503_public.xml