How Much Did Crossroads Center Raise?
Funding & Key Investors

Crossroads Center has secured $150K in total capital, with a recent funding round of $150K on April 9, 2020. This major strategic investment marks a significant milestone for the organization as it continues its mission to provide comprehensive support services to homeless individuals and families. The scale of this financing suggests a late-stage development phase for the non-profit.

What is Crossroads Center?

Crossroads Center
OrganizationsNon-Profit & Charitable Organizations

Crossroads Center is a faith-based organization dedicated to assisting homeless individuals and families across Hastings, Kearney, and Grand Island, Nebraska. The center offers a structured 4-phase recovery program, personalized case management, transitional housing, and crucial workforce development initiatives. Complementing these services are food pantries and thrift stores, which not only support clients but also contribute to the organization's operational funding. Their holistic approach aims to empower individuals to overcome homelessness and rebuild their lives.

How much funding has Crossroads Center raised?

Crossroads Center has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Crossroads Center?

The substantial capital infusion, particularly the recent strategic investment, positions Crossroads Center for significant expansion and enhanced service delivery. This funding will likely be allocated towards scaling their existing programs, potentially increasing capacity for transitional housing, and broadening their reach within Nebraska. Further investment in workforce development and job placement services could also be a strategic priority, aiming to foster long-term self-sufficiency for their clients. The organization's commitment to a faith-based recovery model, combined with practical support systems, indicates a robust strategy for addressing homelessness in the region.

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Frequently Asked Questions Regarding Crossroads Center Financial Insights

What are the most recent funding rounds that Crossroads Center has completed, and what were the funding rounds?
Crossroads Center has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Crossroads Center has raised to date?
Crossroads Center has raised a total of $150K in funding to date.
How many funding rounds has Crossroads Center completed?
Crossroads Center has completed 1 funding rounds.
How much funding did Crossroads Center raise in its most recent funding round?
Crossroads Center raised $150K in its most recent funding round.
Who are the lead investors in Crossroads Center's latest funding round?
The lead investor in Crossroads Center's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Crossroads Center's history?
The largest funding round in Crossroads Center's history was $150K.
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