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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Mountain Bizcapital Inc.

Mountain Bizcapital Inc.

Fiscal year ending 2024. Filed on May 9, 2025.

153 South Lexington
Asheville, North Carolina 28801

Mountain Bizcapital Inc. (EIN: 14-1864873), also known as Mountain Bizworks, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Mountain Bizcapital Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 37 total employees. Among the employees shown here, the average compensation is $153,070. The highest compensated employee at Mountain Bizcapital Inc. is Matthew Raker with fiscal year 2024 compensation of $153,070.

Revenue, expenses, and employee compensation

Revenue

$12,872,089

Expenses

$5,794,853

Employee compensation

$2,876,184
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Raker
Executive Director
$153,070
$153,070 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Brandon Wallace
Member
Chad Halliday
Member
Duane Adams
Member
Jennifer Caldwell-Billstrom
Treasurer
Jose Infanzon Chavez
Member
Joshua Carpenter
Member
Mitzi Reed
Member
Paula Swepson
Secretary
Stephanie Lee
Vice Chair
Terry Young
Member
Tim Herdklotz
Second Vice Chair
Yolanda Adams
Member

Mission Statement

MOUNTAIN BIZWORKS ENVISIONS A THRIVING WESTERN NORTH CAROLINA IN WHICH SMALL BUSINESS OWNERS AND ASPIRING ENTREPRENEURS HAVE ACCESS TO THE RESOURCES NEEDED TO MAKE THEIR DREAMS A REALITY - A REGION WHERE COLLABORATION, CREATIVITY, INNOVATION, AND INVESTMENT GENERATE OPPORTUNITY AND PROSPERITY FOR ALL. MOUNTAIN BIZWORKS' MISSION IS TO BUILD A VIBRANT AND INCLUSIVE ENTREPRENEURIAL COMMUNITY IN WESTERN NORTH CAROLINA BY HELPING SMALL BUSINESSES START, GROW, AND THRIVE. WHEN SMALL BUSINESSES SUCCEED, WE ALL PROSPER.

Revisions to this organization profile

May 9, 2025:
2024 Mountain Bizcapital Inc. 990 filed
May 15, 2024:
2023 Mountain Bizcapital Inc. 990 filed
May 1, 2023:
2022 Mountain Bizcapital Inc. 990 filed

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