Rising Tide Capital, Inc. (RTC) is a 501(c)3 non-profit organization committed to the economic empowerment of individuals and communities through entrepreneurship. Our mission is to assist low-income individuals and communities to build strong businesses that transform lives, strengthen families and build sustainable communities.
Currently Viewing: 2016 Reporting Data
Summary
Provides Microenterprise LoansNo
Tracks Credit ScoresNo
Reports Borrower Credit PerformanceNo
Other Financing Products
Small Business LoansNo
Leverage Package or Guarantee Loans?Yes
Services Provided
Training and Technical Assistance (TA) Services
Business Training (group based instruction)
Business Technical Assistance (one-on-one assistance)
Business Development Services
Coaching/Mentoring
Financial Literacy
Credit Counseling
Access to Market Services
Case Management Services
Business Development Training
Number Receiving Training 703
Number Receiving TA 440
Individuals Served 888
Clients Served 644
Businesses Served 400
Demographics
Gender
Women - 73.29%
Men - 26.71%
Other - 0%
Unknown - 0%
Ethnicity
Mixed-race - 1.09%
African American/African-born - 57.76%
Latino - 26.71%
White/Caucasian - 8.23%
Asian/Pacific Islander - 0.47%
South Asian - 0%
Native American/Alaska Native - 0.47%
Other - 2.17%
Unknown - 3.11%
HUD Low Income Standard
Below - 80.75%
Above - 17.24%
Unknown - 2.02%
Business Status
Business Status
Operating - 90.22%
Not Operating - 3.42%
Unknown - 6.37%
General Program Info
Area Types Served
Urban
Member Associations
Not a member of a SMA
Organization Description
Stand-Alone Microenterprise Organization
Geographic Area Served
New Jersey
Geographic Area Served DescriptionNorthern NJ (mostly Hudson County, NJ, Essex County, NJ and Union County, NJ)
Other Locations
4174
41758 E Kinney StNewarkNJ07102
Staffing
# FTEs 22
Individuals Served per Full-Time Equivalent Staff 40.36
Clients Served per Full-Time Equivalent Staff 29.27
