Nonprofits›504 Capital Corporation
504 Capital Corporation
CHESAPEAKE, VA
Total revenue
$2.7M
Total expenses
$2.0M
Net assets
$4.2M
Grants received
—
EIN
541239624
Tax year
2023
Mission
To provide small business administration section 504 loans.
Financials
FY 2023
Revenue
Contributions & grants—
Program service revenue$2.4M
Investment income$324K
Other revenue—
Total revenue$2.7M
Expenses
Grants paid—
Salaries & benefits$1.4M
Fundraising—
Other expenses$526K
Total expenses$2.0M
Total assets$4.6M
Net assets$4.2M
People
9 listed
NameRoleCompensation
Brent Swanson
President
Board
$310K
40 hrs/wk
David S Jolley
Director
Board
—
1 hrs/wk
Florence G Kingston
Director
Board
—
1 hrs/wk
Phil Smith
Director
Board
—
1 hrs/wk
Tara F Saunders
Secretary
Board
—
1 hrs/wk
Joseph L Barnes Jr
Treasurer
Board
—
1 hrs/wk
Christopher J Topping
Business Development Officer
Staff
$212K
40 hrs/wk
Laura M Sawyer
Underwriter
Staff
$148K
40 hrs/wk
Kara E Cournoyer
Operations Officer
Staff
$147K
40 hrs/wk
Details
EIN541239624
Subsection06
Ruling date1985-05
Formed1983
Employees9
Volunteers6