Nonprofits›Mountain Bizcapital Inc

Public Foundations

Mountain Bizcapital Inc

ASHEVILLE, NC

Website

Total revenue

$12.9M

Total expenses

$5.8M

Net assets

$22.5M

Grants received

$60.7M

34 grants

EIN

141864873

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants$8.5M
Program service revenue$4.4M
Investment income—
Other revenue$3K
Total revenue$12.9M

Expenses

Grants paid—
Salaries & benefits$2.9M
Fundraising$135K
Other expenses$2.9M
Total expenses$5.8M
Total assets$50.6M
Net assets$22.5M

People

14 listed

NameRoleCompensation

MATTHEW RAKER

EXECUTIVE DI

Board

$153K

40 hrs/wk

DUANE ADAMS

MEMBER

Board

—

1 hrs/wk

YOLANDA ADAMS

MEMBER

Board

—

1 hrs/wk

ZANE ADAMS

CHAIR

Board

—

1 hrs/wk

JENNIFER CALDWELL-BILLSTROM

TREASURER

Board

—

1 hrs/wk

JOSHUA CARPENTER

MEMBER

Board

—

1 hrs/wk

JOSE INFANZON CHAVEZ

MEMBER

Board

—

1 hrs/wk

CHAD HALLIDAY

MEMBER

Board

—

1 hrs/wk

TIM HERDKLOTZ

2ND VICE CHA

Board

—

1 hrs/wk

STEPHANIE LEE

VICE CHAIR

Board

—

1 hrs/wk

MITZI REED

MEMBER

Board

—

1 hrs/wk

PAULA SWEPSON

SECRETARY

Board

—

1 hrs/wk

BRANDON WALLACE

MEMBER

Board

—

1 hrs/wk

TERRY YOUNG

MEMBER

Board

—

1 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
THE GOLDEN LEAF INC
$57.5M
Hurricane Helene Small Business Loans & Helene Small Business Recovery Fund Request
2024
DOGWOOD HEALTH TRUST
$1M
ADMINISTRATIVE EXPENSES SUPPORT FOR SMALL BUSINESS LENDING PROGRAMS.
2024
ROCKEFELLER PHILANTHROPY ADVISORS INC
$150K
COMMUNITY IMPROVEMENT & CAPACITY BUILDING, PUBLIC SAFETY, DISASTER PREPAREDNESS & RELIEF
2024
DOGWOOD HEALTH TRUST
$125K
STAFFING FOR GREEN FINANCING EDUCATION FOR UNDERSERVED ENTREPRENEURS.
2024
Z SMITH REYNOLDS FOUNDATION INC
$95K
2024 NON-PROFIT INTERNSHIP PROGRAM (INTERN - ALISA CRUZ-MENDEZ/UNC), GENERAL OPERATING SUPPORT, WNC DISASTER RELIEF
2024
REDF
$25K
PORTFOLIO GRANTS
2024
REDF IMPACT INVESTING FUND
$25K
WNC STRONG: REBUILDING TOGETHER GRANT FUND
2024
COMMON FUTURE
$15K
GRANT FOR BUSINESS SUPPORT ORGANIZATION
2024
Appalachian Sustainable Agriculture Project
$15K
Sub-Award
2024
DOGWOOD HEALTH TRUST
$13K
DISCRETIONARY STAFF CARE AND SUPPORT FOLLOWING HURRICANE HELENE.
2024
TD CHARITABLE FOUNDATION
$90K
MONEY MANAGEMENT AND MARKETING YEAR LONG PROGRAM EXPANSION
2023
Z SMITH REYNOLDS FOUNDATION INC
$70K
FOR GENERAL OPERATING SUPPORT
2023
THE COMMUNITY FOUNDATION
$49K
BUILDING COMMUNITY & ECONOMIC VITALITY
2023
TRUIST FOUNDATION INC
$33K
GENERAL OPERATING
2023
Z SMITH REYNOLDS FOUNDATION INC
$5K
2023 NON-PROFIT INTERNSHIP PROGRAM HOST ORGANIZATION APPLICANT (INTERN, LAUREN SERMERSHEIM/MARS HILL)
2023
RURAL ECONOMIC DEVELOPMENT CENTER INC
$736K
CDFI CAPACITY BUILDING PROGRAM GRANTS
2022
TD CHARITABLE FOUNDATION
$75K
FOUNDATIONS FOR CREATIVES EXPANSION
2022
Z SMITH REYNOLDS FOUNDATION INC
$70K
FOR GENERAL OPERATING SUPPORT
2022
THE COMMUNITY FOUNDATION
$58K
BUILDING COMMUNITY & ECONOMIC VITALITY
2022
APPALACHIAN COMMUNITY CAPITAL
$50K
BUSINESS DEVELOPMENT IN APPALACHIA
2022
RAYMOND JAMES CHARITABLE ENDOWMENT FUND
$7K
GENERAL SUPPORT
2022
Z SMITH REYNOLDS FOUNDATION INC
$3K
2022 NONPROFIT INTERNSHIP HOST APPLICANT (KAILEY PATEL/UNC)
2022
THE COMMUNITY FOUNDATION
$64K
BUILDING COMMUNITY & ECONOMIC VITALITY
2021
Z SMITH REYNOLDS FOUNDATION INC
$35K
FOR GENERAL OPERATING SUPPORT
2021
Z SMITH REYNOLDS FOUNDATION INC
$3K
2021 NONPROFIT INTERNSHIP HOST APPLICANT (SHAHAD MUSTAFA, UNC)
2021
APPALACHIAN COMMUNITY CAPITAL
$120K
EMERGENCY BUSINESS ASSISTANCE GRANT
2020
COMMON FUTURE
$85K
Grant for business support orgs
2020
Z SMITH REYNOLDS FOUNDATION INC
$70K
FOR GENERAL OPERATING SUPPORT
2020
THE COMMUNITY FOUNDATION
$33K
BUILDING COMMUNITY & ECONOMIC VITALITY
2020
Appalachian Sustainable Agriculture Project
$9K
SUB-AWARD
2020
Z SMITH REYNOLDS FOUNDATION INC
$2K
CRISTIAN MCLAUGLIN, APPALACHIAN STATE UNIVERSITY, 2020 NONPROFIT INTERNSHIP HOST APPLICANT.
2020
Z SMITH REYNOLDS FOUNDATION INC
$2K
ELIZABETH SERRANO, APPALACHIAN STATE UNIVERSITY, 2020 NONPROFIT INTERNSHIP HOST APPLICANT.ZSR PROVIDED 2ND INTERN.
2020
Appalachian Sustainable Agriculture Project
$13K
SUB-AWARD
2019
Appalachian Sustainable Agriculture Project
$12K
Sub-Award
2018

Funded by

$60.7M from 15 funders · 34 grants · 2018–2024

The Golden Leaf Inc

$57.5M · 1 grant · 2024

Dogwood Health Trust

$1.1M · 3 grants · 2024

Z Smith Reynolds Foundation Inc

$355K · 10 grants · 2020–2024

The Community Foundation

$204K · 4 grants · 2020–2023

Td Charitable Foundation

$165K · 2 grants · 2022–2023

Appalachian Community Capital

$120K · 1 grant · 2020

Details

EIN141864873
NTEE codeT30
Subsection03
Ruling date2003-08
Formed2002
Employees37
MOUNTAIN BIZCAPITAL INC — Mission, Financials & Grants Received | Grantivo