Public Charity

MOUNTAIN BIZCAPITAL INC

MOUNTAIN BIZCAPITAL INC is a nonprofit organization categorized as Public Charity based in ASHEVILLE, NC. Its most recent IRS filing (2024) reports revenue of $12.9M, expenses of $5.8M, total assets of $50.6M. Imperigo tracks 25 reported grant relationships connected to this organization totaling approximately $60.4M.

EIN: 141864873 ASHEVILLE, NC Latest filing: 2024
Total Revenue$12.9M
Total Expenses$5.8M
Total Assets$50.6M
Grant Records25
Funding Total$60.4M
Filing Years2020–2024

Mission

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.

Sample Grants Received

BLACK ACHIEVERS INC
2025
Grant to help Mountain Biz Staff start a Business Accelerator to train small business owners in Asheville NC.
$125,000
THE GOLDEN LEAF INC
2024
Hurricane Helene Small Business Loans & Helene Small Business Recovery Fund Request
$57,500,000
THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC
2024
BUILDING COMMUNITY & ECONOMIC VITALITY
$1,151,250
ROCKEFELLER PHILANTHROPY ADVISORS INC
2024
COMMUNITY IMPROVEMENT & CAPACITY BUILDING, PUBLIC SAFETY, DISASTER PREPAREDNESS & RELIEF
$150,000
DONOR ADVISED CHARITABLE GIVING INC
2024
PUBLIC, SOCIETAL BENEFIT
$49,000

Showing up to 5 of 25 total records — full history available with membership.

Officers & Directors

MEMBER Brandon Wallace
MEMBER Chad Halliday
MEMBER Duane Adams
TREASURER Jennifer Caldwell-Billstrom
MEMBER Jose Infanzon Chavez
MEMBER Joshua Carpenter

Officer compensation and complete director data available with membership.

Top Grant Purposes

Hurricane Helene Small Business Loans & Helene Small Business Recovery Fund Request
$57,500,000 1 grant
BUILDING COMMUNITY & ECONOMIC VITALITY
$1,354,800 5 grants
CDFI CAPACITY BUILDING PROGRAM GRANTS
$736,000 1 grant
COMMUNITY IMPROVEMENT & CAPACITY BUILDING, PUBLIC SAFETY, DISASTER PREPAREDNESS & RELIEF
$150,000 1 grant
Grant to help Mountain Biz Staff start a Business Accelerator to train small business owners in Asheville NC.
$125,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $12.9M $5.8M $50.6M
2023 $6.4M $4.7M $35.2M
2022 $6.1M $4.1M $30.0M
2021 $7.2M $2.7M $25.8M
2020 $5.3M $3.0M $18.7M

Between 2020 and 2024, reported annual revenue grew from $5.3M to $12.9M (+142%), with total assets most recently reported at $50.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MOUNTAIN BIZCAPITAL INC

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