MOUNTAIN BIZCAPITAL INC
153 SOUTH LEXINGTON AVENUE, ASHEVILLE, NC 28801 www.mountainbizworks.org

Total Revenue
$2,758,732
Total Expenses
$2,321,716
Net Assets
$4,804,957

Organizations Filed Purposes: MOUNTAIN BIZWORKS ENVISIONS A THRIVING WESTERN NORTH CAROLINA IN WHICH SMALL BUSINESS OWNERS AND ASPIRING ENTREPRENEURS HAVE ACCESS TO THE RESOURCES NEEDED TO MAKE THEIR DREAMS A REALITY - A REGION WHERE COLLABORATION, CREATIVITY, INNOVATION, AND INVESTMENT GENERATE OPPORTUNITY AND PROSPERITY FOR ALL. MOUNTAIN BIZWORKS' MISSION IS TO BUILD A VIBRANT AND INCLUSIVE ENTREPRENEURIAL COMMUNITY IN WESTERN NORTH CAROLINA BY HELPING SMALL BUSINESSES START, GROW, AND THRIVE. WHEN SMALL BUSINESSES SUCCEED, WE ALL PROSPER.

MOUNTAIN BIZWORKS CREATES ECONOMIC OPPORTUNITY FOR THE PEOPLE OF WESTERN NORTH CAROLINA BY HELPING SMALL BUSINESSES START, GROW, AND CREATE JOBS THROUGH SMALL BUSINESS LEARNING AND LENDING.

MOUNTAIN BIZCAPITAL (MBC) IS A NOT-FOR-PROFIT CORPORATION ESTABLISHED 29 YEARS AGO. THE PRIMARY PURPOSE OF MBC IS TO PROVIDE DIRECT MICRO AND SMALL BUSINESS LOANS. SINCE ITS EXISTENCE, MBC HAS LOANED 31.7 MILLION TO OVER 1,340 BUSINESSES WHICH HAVE CREATED 5,900 JOBS AND HAS ENGAGED IN ENTREPRENEURIAL EDUCATION WITH OVER 15,000 ENTREPRENEURS IN WESTERN NORTH CAROLINA. IN APRIL 2003, MBC WAS CERTIFIED AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION BY THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION FUNDS OF THE US DEPARTMENT OF TREASURY. THE ORGANIZATION IS CLASSIFIED AS A PUBLICLY- SUPPORTED CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Patrick FitzsimmonsEXECUTIVE DI40$96,417
Terry YoungMEMBER1$0
Fred WaldkoetterMEMBER1$0
Tim SchallerMEMBER1$0
Sophia PaulosMEMBER1$0
Michael MooneyVICE CHAIR1$0
Carlos A MontoyaMEMBER1$0
Leah MayberryTREASURER1$0
Tim HerdklotzMEMBER1$0
Gary HeiseyCHAIR1$0
Ray GreenMEMBER1$0
Rebecca CrandallSECRETARY1$0
Esteve Coll-LarossaMEMBER1$0
Erica AndersonMEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202001349349303520_public.xml