Organizations Filed Purposes:
TO PROMOTE ECONOMIC DEVELOPMENT AND REVITALIZATION BY PROVIDING SMALL BUSINESS ADMINISTRATION LOANS AND OTHER PROGRAMS AND SERVICES TO BUSINESSES IN WESTERN NORTH CAROLINA.
THE CORPORATION, AS OF JUNE 30, 2016, HAD AN ACTIVE PORTFOLIO OF 90 LOANS WITH A FUNDED BALANCE OF 41,512,000. IN EXCESS OF 2,800 JOBS HAVE BEEN CREATED AS A DIRECT RESULT OF THIS FINANCING. NINE LOANS CURRENTLY APPROVED BUT NOT YET FUNDED WILL INCREASE THE FINANCING TOTAL BY 6,326,000 AND THE ACTIVE PORTFOLIO TO 99 LOANS. THE CORPORATION HAS COMPLETED 34 YEARS OF ACTIVE SERVICE TO SMALL BUSINESS. DUE TO THE BENEFITS OF SBA PARTICIPATION IN SMALL BUSINESS FINANCE, AREA LENDERS ARE CONTINUING TO UTILIZE THE CORPORATION'S LOAN PROGRAMS FOR THE EXPANSION OF SMALL BUSINESS.
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 |
|---|
| Robert Kendrick | CEO, ASST SE | 0 | $74,517 |
| David Kozak | CHAIRMAN | 0 | $525 |
| Ac Honeycutt Jr | DIRECTOR | 0 | $480 |
| Carol Hensley | DIRECTOR | 0 | $465 |
| Bob Tuck | VICE CHAIRMA | 0 | $450 |
| Rollin Groseclose | SECRETARY/ T | 1 | $450 |
| Harry Grymes | DIRECTOR | 0 | $435 |
| T Jeff Covington | IMMEDIATE PA | 0 | $360 |
| Kevin Watson | DIRECTOR | 0 | $330 |
| Laura Gourlay | DIRECTOR | 0 | $300 |
| Brad Rogers | DIRECTOR | 0 | $255 |
| Wes Morgan | DIRECTOR | 0 | $255 |
| Jim Edwards | DIRECTOR | 0 | $255 |
| William Goacher | DIRECTOR | 0 | $195 |
| Daniel Hitchcock | LEGAL COUNSE | 0 | $0 |
| John Menkes | DIRECTOR | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201632539349300103_public.xml