Southeastern Utah Business And Technical Assistance Center Inc is located in Price, UT. The organization was established in 1996. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeastern Utah Business And Technical Assistance Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Southeastern Utah Business And Technical Assistance Center Inc generated $109.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $109.9k during the year ending 12/2023. While expenses have increased by 16.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING NEW BUSINESS SUPPORT, TRAINING, TECHNICAL ADVICE, AND SEMINARS IN AN ECONOMICALLY DEPRESSED AREA; INCLUDING ISSUING LOW INTEREST LOANS TO LOCAL BUSINESS VENTRUES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Tatton President | 5 | $0 | |
Jordan Leonard Vice Preside | 5 | $0 | |
Jade Powell Treasurer | 5 | $0 | |
Stuart Clason Board Member | 1 | $0 | |
Larry Jensen Board Member | 1 | $0 | |
Elaine Gizler Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,125 |
| Total Program Service Revenue | $54,831 |
| Membership dues | $0 |
| Investment income | $2,502 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,787 |
| Total Revenue | $109,245 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,316 |
| Professional fees and other payments to independent contractors | $53,941 |
| Occupancy, rent, utilities, and maintenance | $34,610 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $14,044 |
| Total expenses | $109,923 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,387 |
| Other assets | $0 |
| Total assets | $244,294 |
| Total liabilities | $0 |
| Net assets or fund balances | $244,294 |