Association Of Small Business Development Centers

America'S Sbdc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010365191 ✦ Burke, VA ✦ Designated as a 501(c)(6)

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Overview

What is Association Of Small Business Development Centers?

The Association of Small Business Development Centers, commonly known as America's SBDC, is a nonprofit organization based in Burke, Virginia. It represents and advocates for its members, primarily focused on promoting and enhancing the Small Business Development Centers network. This network provides educational assistance nationwide, aiming to strengthen the management of small and medium-sized businesses, thereby contributing to the growth of local, state, and national economies. The Association organizes conferences and meetings to facilitate communication and information exchange among its members. Additionally, it supports its members in their efforts to assist the development of small businesses in the U.S. With a dedicated workforce of six individuals, America's SBDC plays a significant role in fostering business growth and entrepreneurship in the United States.


Official website here: www.americassbdc.org

Is Association Of Small Business Development Centers legitimate?

Association Of Small Business Development Centers is a legitimate nonprofit organization registered as a 501(c)(6) entity. Association Of Small Business Development Centers submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $285,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,807

For more financial information, click here


Official website here: www.americassbdc.org

What is the mission statement of Association Of Small Business Development Centers?

The Association of Small Business Development Centers exists to represent the collective interests of its members by promoting, informing, supporting, and continuously improving the Small Business Development Centers network. This network provides educational assistance nationwide, aiming to strengthen the management of small to medium-sized businesses. By doing so, the association contributes to the growth of local, state, and national economies. The association conducts conferences and meetings as a medium for communication and information exchange among its members. Additionally, it facilitates the purchase of valuable workshop materials for the members' small business development centers' counselors.


Official website here: www.americassbdc.org

Who is the CEO of Association Of Small Business Development Centers?

C Edward Rowe Iii is the Director of Association Of Small Business Development Centers. The CEO's salary of Association Of Small Business Development Centers is $253,000 and their total compensation is $285,040.


Official website here: www.americassbdc.org

What is the revenue of Association Of Small Business Development Centers?

Association Of Small Business Development Centers's revenue in 2022 was $8,216,087.


Official website here: www.americassbdc.org

Who are the executives of Association Of Small Business Development Centers and what are their salaries?

The average compensation at Association Of Small Business Development Centers during 2022 was $115,641. There are 6 employees at Association Of Small Business Development Centers.


Here are 13 key members and their salaries (Association Of Small Business Development Centers's CEO's salary is $253,000 and their total compensation is $285,040):


Steve Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Shimkat (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Rossi (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Byron Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Fine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Melnik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gregory (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Gutierrez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Edward Rowe Iii (President/Ceo)
  • Compensation: $253,000
  • Related: $0
  • Other: $32,040
Donna Ettenson (Vp Operations)
  • Compensation: $126,575
  • Related: $0
  • Other: $28,880
Brett Thibodeau (Director Of Membership Services)
  • Compensation: $103,325
  • Related: $0
  • Other: $6,497


Official website here: www.americassbdc.org

Where can I find the form 990 for Association Of Small Business Development Centers?

Association Of Small Business Development Centers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.americassbdc.org

Learn more at the official website: www.americassbdc.org

Mission Statement of Association Of Small Business Development Centers

The Association of Small Business Development Centers, abbreviated as ASBDC, is dedicated to supporting its members in their endeavors to foster the growth of small businesses across the United States. Its mission is to advocate for and enhance the Small Business Development Centers network, which provides nationwide educational assistance to strengthen the management skills of small and medium-sized enterprises. By doing so, ASBDC contributes to the expansion of local, state, and national economies.

In order to accomplish its mission, ASBDC represents the collective interests of its members by promoting, informing, and supporting the Small Business Development Centers network. This involves organizing conferences and meetings to serve as a platform for communication and the exchange of information among members. Moreover, ASBDC facilitates the acquisition of valuable workshop materials for the counselors of these centers, thereby aiding in the enhancement of their services to small businesses.

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Impact




October, 2024

The Association of Small Business Development Centers plays a vital role in fostering the growth and development of small businesses across the United States. By representing the collective interests of its members, it promotes, informs, supports, and enhances the network of small business development centers. This network provides essential educational assistance that strengthens the management capabilities of small and medium-sized enterprises.

Through conferences and meetings, the association facilitates communication and the exchange of valuable information among its members, empowering them to better assist local businesses. Additionally, it aids in the procurement of pertinent workshop materials, ensuring counselors have the resources needed to provide effective guidance. Overall, the association's efforts contribute significantly to the economic growth at local, state, and national levels by supporting small business management and development.




This information is meant to be a general summary of Association Of Small Business Development Centers. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,216,087 (2022)
Expenses
$8,358,989 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $121
  • Program Service Revenue: $8,215,966
  • Gross Receipts: $8,216,087

Assets and Liabilities:

  • Total Assets: $2,331,197
  • Total Liabilities: $112,715
  • Net Assets: $2,218,482

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROJECTS & INITIATIVES

Revenue

$5,621,662

CONFERENCES & MEETINGS

Revenue

$1,821,075

MEMBERSHIP DUES

Revenue

$753,069

ACCREDITATION PROGRAM

Revenue

$20,160

Organization Details

Founding Year

1979

Principal Officer

C Edward Rowe Iii

Main Address

8990 BURKE LAKE ROAD, BURKE, VA, 22015

NTEE Category

Code: S40 - Community improvement

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