Mission
CEDCO is a non-profit organization certified by the Small Business Administration, dedicated to providing small businesses in Colorado with access to affordable, long-term financing through the SBA 504 loan program. Since its inception in 1978, CEDCO has facilitated over $300 million in loans, aiding hundreds of businesses to start or expand and create over 8,000 new jobs.
Basic Information
Tax-Exempt
Founded in
1978
EIN
84-0797208
Total Assets
$24.31 thousand
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
SBA 504 Loan Program
This loan program is designed to help small businesses acquire fixed assets.
Low Interest Rates
CEDCO prides itself on offering low interest rates to their clients.
Quick and Easy Process
Most loans are approved within 24 hours with a simple application.
Impact Stats
>$300 Million
Total Loans
Total Funds Disbursed
Over $300 million disbursed to small businesses.
8,000+
Jobs Created
Jobs Created
More than 8,000 new jobs created through funded projects.
Upcoming Events
Realtor Continuing Education Event
2024-03-01
Learn about SBA 504 loans and help businesses to own more.
Learn MoreTestimonials
"The Loan process was so easy! I was able to get approved within 24 hours. They know how to cut through red tape."
Fred Rodriquez
Manager of The Paint Store
"Sherry was such a joy to work with. She knew everything there is to know about the 504 loan."
Audrey Stevenson
Owner of Bananas Fun Center
"Cedco was amazing! They have the same passion for animals that I do. I truly feel this is a great partnership!"
Bennett Miller
CEO of Redstone Veterinary Hospital
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
44
32
/100
Program Expense Ratio
97.10%
20
/20
Program Revenue Growth
-10.36%
2
/20
Leverage Ratio
0.7903
6
/20
Working Capital Ratio
0.02868
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 0 | 0.00% |
| Program Services | 238.3K | 99.84% |
| Investment Income | 339 | 0.14% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 38 | 0.02% |
| Total Revenue | 238.7K | 100.00% |