Utah Microenterprise Loan Fund

Public benefit organization based in Salt Lake City, UT. 8 employees. Exempt under §501(c)(3).

MissionPROVIDE FUNDING AND MANAGEMENT ASSISTANCE TO NEW AND EXISTING BUSINESSES THAT ARE NOT ABLE TO ACCESS TRADITIONAL SOURCES OF FUNDING; INCLUDING THOSE WHO ARE MEMBERS OF THE LOW/MODERATE INCOME COMMUNITY.

EIN
87-0495534
State
UT
Sector
Public benefit
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$550K
Total revenue
$1.1M
Total expenses
$2.7M
Net assets

Financial health · TY 2023

35
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
7
1.3 months of expenses
Program efficiency
30
62% spent on programs
Revenue diversity
99
Mix of program fees, grants & contributions

Leadership compensation

Doug Keefe
Executive Dir.
$153,755
83th percentile vs. peers

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Utah Microenterprise Loan Fund Executive Compensation | 990 Data | DoubleNine