EIN 26-3218152

Rocky Mountain Microfinance

IRS 501(c) type
501(c)(3)
Num. employees
36
City
Year formed
2008
Most recent tax filings
2023-09-01
Description
Rocky Mountain MicroFinance Institute creates the space for communities and people of all backgrounds to realize their unique potential through the power of entrepreneurship. Rmmfi invests in entrepreneurs' personal and business development through a proven mix of classroom, coaching, and mentoring programs. Every entrepreneur's journey starts with an idea, and rmmfi's programming helps build the foundations for those who have been in business for a while but haven't seen the results they've wanted or have multiple ideas and can't decide which to pursue.
Also known as...
Rocky Mountain Microfinance Institute
Total revenues
$2,825,207
2023
Total expenses
$3,443,749
2023
Total assets
$3,833,899
2023
Num. employees
36
2023

Program areas at Rocky Mountain Microfinance

Idea- every entrepreneur's journey starts with an idea. Whether in business for a while and haven't seen the results they've wanted or have multiple ideas and can't decide which to pursue, the idea phase of rmmfi's programming helps build the foundations needed for success. Inidea, qualified entrepreneurs can receive: cohort-based programming,mentorship, and seed capital.launch - after completing the idea phase, rmmfi invites qualifiedentrepreneurs to continue their business journey in the launch phase.just like it sounds, launch is all about helping get businesses up andrunning with an actionable plans and all the tools and support theyneed. The launch phase begins with business launch boot camp, a

Who funds Rocky Mountain Microfinance

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP Morgan Chase FoundationIn Support of Underserved Small Business Expansion$200,000
Rose Community FoundationGeneral Operating Support$115,000
The Nord Family FoundationEvaluation and Learning Initiative$50,000
...and 11 more grants received

Personnel at Rocky Mountain Microfinance

NameTitleCompensation
Jessica SveenChief Executive Officer$122,634
Sherrie LawsonDirector of Operations
Theresa Rinne-MeyersDirector of Advocacy and Partnerships
Alex RosadoDirector of Development
Jeremy KatzDirector of Programs
...and 21 more key personnel

Financials for Rocky Mountain Microfinance

RevenuesFYE 09/2023
Total grants, contributions, etc.$2,792,651
Program services$10,688
Investment income and dividends$21,868
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$0
Total revenues$2,825,207

Form 990s for Rocky Mountain Microfinance

Fiscal year endingDate received by IRSFormPDF link
2023-092024-11-11990View PDF
2022-092023-09-11990View PDF
2021-092022-04-21990View PDF
2020-092021-08-11990View PDF
2019-092020-10-23990View PDF
...and 10 more Form 990s
Data update history
November 20, 2024
Updated personnel
Identified 7 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Blackbaud Giving Fund
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from Adolph Coors Foundation
January 1, 2024
Received grants
Identified 5 new grant, including a grant for $50,000 from The Nord Family Foundation
November 17, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Business and community development organizationsCharities
Issues
Business and industry
Characteristics
Receives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1209 W 10th Ave
Denver, CO 80204
Metro area
Denver-Aurora-Lakewood, CO
County
Denver County, CO
Website URL
rmmfi.org/ 
Phone
(720) 941-5037
IRS details
EIN
26-3218152
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2008
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
Independent
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