The Martin Luther King Jr Business Empowerment Center Inc

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

EIN: 043221277 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Martin Luther King Jr Business Empowerment Center Inc?

The Martin Luther King Jr Business Empowerment Center Inc, located at 237 Chandler Street, Worcester, MA 01609, is a nonprofit organization dedicated to fostering the advancement of a diverse business community in the Worcester area. They offer various resources and assistance to both existing businesses and start-ups, including career skills training, counseling, workshops, a reference library, and other related services. The center's primary mission is to empower local businesses, contributing to the economic growth and diversity of the community.


Official website here: www.smoc.org

Is The Martin Luther King Jr Business Empowerment Center Inc legitimate?

The Martin Luther King Jr Business Empowerment Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Martin Luther King Jr Business Empowerment Center Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,346

For more financial information, click here


Official website here: www.smoc.org

What is the mission statement of The Martin Luther King Jr Business Empowerment Center Inc?

The Martin Luther King Jr. Business Empowerment Center Inc. is dedicated to promoting the advancement of a diverse business community. To achieve this, they offer assistance to both existing businesses and start-ups through counseling sessions, workshops, a reference library, and various other resources. Their goal is to foster an environment where businesses can grow and thrive, contributing to a diverse and vibrant economic landscape. The center's activities aim to support the growth and success of businesses, ultimately contributing to the broader community.


Official website here: www.smoc.org

Who is the CEO of The Martin Luther King Jr Business Empowerment Center Inc?

Susan Gentili is the Principal Officer of The Martin Luther King Jr Business Empowerment Center Inc.


Official website here: www.smoc.org

What is the revenue of The Martin Luther King Jr Business Empowerment Center Inc?

The Martin Luther King Jr Business Empowerment Center Inc's revenue in 2021 was $163,221.


Official website here: www.smoc.org

Who are the executives of The Martin Luther King Jr Business Empowerment Center Inc and what are their salaries?

There 8 volunteers at The Martin Luther King Jr Business Empowerment Center Inc.


Here are 10 key members and their salaries:


Lawrence Scult (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Fishman (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Hibbard (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamula Zicko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Hulme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Locke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James T Cuddy (Executive Director)
  • Compensation: $0
  • Related: $373,233
  • Other: $32,873
Michael Hutnak (Cfo)
  • Compensation: $0
  • Related: $147,244
  • Other: $6,279


Official website here: www.smoc.org

Where can I find the form 990 for The Martin Luther King Jr Business Empowerment Center Inc?

The Martin Luther King Jr Business Empowerment Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.smoc.org

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

Mission Statement of The Martin Luther King Jr Business Empowerment Center Inc

The Martin Luther King Jr. Business Empowerment Center Inc is committed to promoting the growth and development of a diverse business community in the Worcester area. To achieve this mission, the organization offers various resources and assistance to both established businesses and start-ups. This includes providing career skills training, workshops, counseling sessions, and access to a comprehensive reference library. By offering these services, The Martin Luther King Jr. Business Empowerment Center Inc aims to foster an environment that encourages and supports the success of businesses within its community.

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Impact




October, 2024

The Martin Luther King Jr Business Empowerment Center Inc plays a vital role in strengthening the business community in Worcester, MA, by promoting diversity and fostering economic growth. Its Business Information Center offers essential services such as counseling, workshops, and access to a reference library, all designed to support both existing and startup businesses. By equipping entrepreneurs and business owners with the necessary skills and resources, the Center empowers them to thrive in a competitive landscape. The impact of its initiatives is seen in the development of a more vibrant, diverse business ecosystem that contributes to the overall economic vitality of the region.




This information is meant to be a general summary of The Martin Luther King Jr Business Empowerment Center Inc. 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
$224,618 (2021)
2011201220122013201420152016201720182019202020212021$0$95,000$190k$285k$380k
Expenses
$214,097 (2021)
2011201220122013201420152016201720182019202020212021$0$200k$400k$600k$800k
Efficiency
20112012201220132014201520162017201820192020202120210%15%30%45%64%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $163,221
  • Gross Receipts: $163,221

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

CAREER SKILLS TRAINING

Revenue

$87,995

RENTAL INCOME

Revenue

$75,226

Organization Details

Founding Year

1994

Principal Officer

Susan Gentili

Main Address

237 CHANDLER STREET, WORCESTER, MA, 01609

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