Overview
What is Rhode Island Urban Business Incubator Inc?
Rhode Island Urban Business Incubator Inc is a nonprofit organization dedicated to supporting micro-businesses, particularly those with under 50 employees and predominantly owned by minorities, in urban and low-income communities. They provide essential business development assistance by offering education, training, and consultation, along with technical advice and mentorship. Their mission extends to advocacy and information dissemination, aiming to aid these businesses in their start-up or growth phases.
Official website here: www.urbanventuresri.org
What do the Facebook reviews say about Rhode Island Urban Business Incubator Inc?
96% of the 8 reviewers on Facebook recommend Rhode Island Urban Business Incubator Inc. Here is a summary of their reviews:
The feedback highlights the organization's commitment to providing valuable support and resources for the local community, particularly focusing on assisting Native American groups and individuals. Reviewers appreciate the efforts made by the organization in connecting them with the necessary services to promote independence and personal growth.
Overall, the sentiments are overwhelmingly positive, with many expressing gratitude for the assistance received. Rhode Island Urban Business Incubator Inc appears to effectively deliver on its mission, making a significant difference in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Rhode Island Urban Business Incubator Inc legitimate?
Rhode Island Urban Business Incubator Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rhode Island Urban Business Incubator Inc submitted a form 990EZ, 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.
Official website here: www.urbanventuresri.org
What is the mission statement of Rhode Island Urban Business Incubator Inc?
The Rhode Island Urban Business Incubator Inc is committed to aiding micro-businesses with fewer than 50 employees, primarily those owned by minorities, in urban and low-income communities. They achieve this mission through various means, including education, training, and consultation. Their services encompass technical assistance, mentorship, advocacy, and the provision of essential information to help these businesses either commence operations or expand. The incubator's primary goal is to support these businesses in their growth journey, thereby contributing to the overall economic development of these communities.
Official website here: www.urbanventuresri.org
Who is the CEO of Rhode Island Urban Business Incubator Inc?
Ron Crosson is the Executive Director of Rhode Island Urban Business Incubator Inc.
Official website here: www.urbanventuresri.org
What is the revenue of Rhode Island Urban Business Incubator Inc?
Rhode Island Urban Business Incubator Inc's revenue in 2022 was $142,228.
Official website here: www.urbanventuresri.org
Who are the executives of Rhode Island Urban Business Incubator Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.urbanventuresri.org
Where can I find the form 990EZ for Rhode Island Urban Business Incubator Inc?
Rhode Island Urban Business Incubator Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.urbanventuresri.org
Learn more at the official website: www.urbanventuresri.org
Mission Statement of Rhode Island Urban Business Incubator Inc
Rhode Island Urban Business Incubator, a nonprofit organization, is dedicated to aiding micro-businesses with fewer than 50 employees, primarily those owned by minorities, in their growth and development. By offering education, training, and consultation, the incubator provides the necessary tools these businesses need to thrive. Moreover, Rhode Island Urban Business Incubator offers mentorship and advocacy to help these businesses navigate the challenges of urban and low-income communities. Through technical assistance and information dissemination, the incubator aims to empower these businesses to start up or expand, thereby contributing to the economic growth and vitality of the communities they serve.
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Impact
October, 2024
Rhode Island Urban Business Incubator Inc significantly impacts local communities by fostering the growth of micro-businesses in urban and low-income areas. By offering targeted education, training, and consultation, it equips entrepreneurs with the essential skills and knowledge needed to launch and expand their operations.
The organization provides vital technical assistance and mentorship, ensuring that business owners gain insights into effective management practices and market strategies. This support is particularly beneficial for minority-owned businesses, which often face unique challenges in the marketplace.
By advocating for these businesses and providing crucial information, Rhode Island Urban Business Incubator Inc empowers entrepreneurs to overcome barriers to entry, helping them thrive in competitive environments. This not only contributes to individual business success but also stimulates economic development within the community, enhances job creation, and improves the overall quality of life in urban neighborhoods.
This information is meant to be a general summary of Rhode Island Urban Business Incubator 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $228
- Gross Receipts: $142,228
Assets and Liabilities:
- Total Assets: $96,035
- Total Liabilities: $67,900
- Net Assets: $28,135
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Organization Details
Phone
(401) 780-8866Principal Officer
Ron Crosson
Main Address
807 Broad Street 246, Providence, RI, 02907
Website
www.urbanventuresri.orgNTEE Category
Code: S30 - Community improvement
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