Program areas at Independent Development Services Corporation
IDS Corporation is licensed by the US Small Business Administration as a Certified Development Company, making and servicing loans under the SBA 504 program. Historically the Company had averaged approvals of forty new loans per year for an amount slightly in excess of $40M annually. The Company also, with the consent of the SBA, as the appropriate federal regulator, provides support services to other CDC licenses for marketing, underwriting, and portfolio management; in the states of NY, MD, KY, TN, NC, MS, LA, VA, and DC.
Personnel at Independent Development Services Corporation
| Name | Title | Compensation | Date of data |
|---|
| Eric Miller | Vice President | $113,912 | 2023-09-30 |
| Margaret Guzinski | Senior Vice President | $130,224 | 2023-09-30 |
| William Ridgeway | Vice President and Senior Underwriter | $104,527 | 2023-09-30 |
| Thomas Wallace | President | $144,024 | 2024-08-08 |
| Dan Bockhorst | Director | $0 | 2023-09-30 |
| ...and 4 more key personnel |
Financials for Independent Development Services Corporation
| Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $1,621,432 | $1,601,652 | 1.2% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $78,600 | $11,003 | 614.4% |
| Total revenues | $1,700,032 | $1,612,655 | 5.4% |
Organizations like Independent Development Services Corporation
| Organization | Type | Location | Revenue |
|---|
| Wessex 504 Corporation | 501(c)(4) | Chicago, IL | $759,654 |
| Advantage Certified Development Corporation | 501(c)(4) | Long Beach, CA | $1,126,156 |
| Growth Capital Corporation | 501(c)(4) | Cleveland, OH | $2,083,745 |
| Provident Business Financial Services | 501(c)(4) | West Columbia, SC | $1,000,937 |
| Cen Cal Business Finance Group | 501(c)(4) | Fresno, CA | $1,206,477 |
| Cascade Capital Funding | 501(c)(4) | Salem, OR | $706,224 |
| Evergreen Business Capital | 501(c)(4) | Seattle, WA | $5,839,619 |
| Bay Colony Development Corporation | 501(c)(4) | Waltham, MA | $4,591,941 |
| Palm Beach County Black Business Investment Corporation | 501(c)(4) | West Palm Beach, FL | $1,107,024 |
| Capital Access Group | 501(c)(4) | San Francisco, CA | $4,397,482 |
Data update history
October 4, 2023
Updated personnel
Identified 2 new personnel
October 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 25, 2023
Used new vendors
Identified 1 new vendor, including
August 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 21, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Business and community development organizations
Issues
Business and industry
Characteristics
No characteristics found
General information
- Address
- 8280 College Pkwy Suite 204
- Fort Myers, FL 33919
- Metro area
- Cape Coral-Fort Myers, FL
- County
- Lee County, FL
- Phone
- (239) 652-5588
IRS details
- EIN
- 65-0592148
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1995
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S43: Management Services for Small Business, Entrepreneurs
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Independent
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