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  4. People Incorporated Financial Services
EIN 54-1989160

People Incorporated Financial Services

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Abingdon
State
Virginia
Year formed
2000
Most recent tax filings
2023-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
People Incorporated Financial Services has extensive experience providing small business and microenterprise development and lending services in low-income communities, and is the only CDFI headquartered in rural Virginia.
Related structure
People Incorporated Financial Services is a subordinate organization under People Incorporated of Virginia.
Total revenues
$3,189,156
2023
Total expenses
$2,848,713
2023
Total assets
$11,055,198
2023
Num. employees
0
2023

Program areas at People Incorporated Financial Services

Business and Financial literacy training, individual technical assistance, and marketing Services to entrepreneurs and others throughout the region. 147 jobs were created or retained as a result of community economic development program activities.business lending: 239 entrepreneurs received small business development lending and training Services to successfully manage their own business.consumer lending: 754 individuals received Financial literacy training and access to affordable financing to meet their short term needs.

Personnel at People Incorporated Financial Services

NameTitleCompensation
Bryan PhippsPresident and Chief Executive Officer$0
Angie GrosecloseVice President and Chief Operations Officer
Bryan AileyVice President and Chief Development Officer
Janet ShraderVice President of Finance / Vice President , Chief Financial Officer / Vice President of Financ / Chief Financial Officer$0
Kelli SmithVice President of Planning and Evaluation
...and 11 more key personnel

Financials for People Incorporated Financial Services

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,643,806
Program services$1,219,533
Investment income and dividends$303,042
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$22,775
Total revenues$3,189,156

Form 990s for People Incorporated Financial Services

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-02-10990View PDF
2021-062022-02-25990View PDF
2020-062021-05-05990View PDF
2019-062020-10-15990View PDF
...and 9 more Form 990s

Organizations like People Incorporated Financial Services

OrganizationLocationRevenue
The Enterprise Center Capital CorporationPhiladelphia, PA$3,354,271
Fortis CapitalMinneapolis, MN$1,392,728
Carolina Small Business Development FundRaleigh, NC$10,484,327
New Mexico Community CapitalAlbuquerque, NM$4,164,763
TMC Community CapitalOakland, CA$2,351,825
First American Capital CorporationHales Corners, WI$3,163,251
DreamspringAlbuquerque, NM$14,674,824
Bridging VirginiaRichmond, VA$884,884
Nebraska Enterprise FundOakland, NE$4,516,971
Mountain BizworksAsheville, NC$6,406,300
Data update history
November 18, 2024
Updated personnel
Identified 28 new personnel
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 13, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Business and community development organizationsChapter / child organizationsCharities
Issues
Business and industry
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1173 W Main St
Abingdon, VA 24210
Metro area
Kingsport-Bristol, TN-VA
County
Washington County, VA
Website URL
peopleinc.net/ 
IRS details
EIN
54-1989160
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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