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Nonprofiteer
← CREDIT INC

Form 990-EZ for tax year 2024

Filed by CREDIT INC.

Totals

Total revenue
not reported
Total expenses
not reported
Contributions and grants received
$0
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$75,250
Total liabilities, end of year
$58,944
Net assets or fund balances, end of year
$16,306
Program service expenses (Part III)
not reported

Mission and programs · 2024

Primary exempt purpose

CREDIT INC'S PRIMARY FUNCTION IS TO FACILITATE CAPITAL AND FINANCIAL SERVICES FOR ORGANIZATIONS, MINORITY AND FEMALE ENTREPRENEURS AND OTHER BUSINESSES THAT, DUE TO THEIR LOCATION IN A DISTRESSED OR LOW-INCOME COMMUNITY, ARE NOT ADEQUATELY SERVED BY MAINSTREAM FINANCIAL INSTITUTIONS, THEREBY ENABLING THEM TO SUCCED AND THRIVE.

  • THE PROCUREMENT AND TECHNICAL ASSISTANCE PROGRAM HELPED LOCAL BUSINESSES TO SECURE GOVERNMENT CONTRACTS.

  • THE INDUSTRIAL DEVELOPMENT AND JOB CREATION PROGRAMS PROVIDE AN EXTENSIVE RANGE OF COMMERCIAL AND INDUSTRIAL BUSINESS INCENTIVES THROUGH PARTNERSHIPS WITH GOVERNMENT AGENCIES TO ATTRACT INVESTMENT AND INSURE THE EXISTING BUSINESSES CAN THRIVE.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Anthony M Riccio Jr

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mark Willis

    BOAR CHAIR

    Total calculated
    $0
    Hours/week
    1

  • William Bill Bollinger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Rivera

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Aubrey Hurse

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jason Garcia

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2024
Filed
19 June 2026
IRS schema version
2024v5.5
Source object
202641709349200604

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