Overview
What is Workshop In Business Opportunities Inc?
Workshop In Business Opportunities Inc, abbreviated as WIBO, is a nonprofit organization situated in New York City, specifically at 144 W 27th Street, Room 5R. Their primary mission is to empower minorities by helping them establish sustainable businesses within their communities. They achieve this goal through conducting workshops and programs that educate and train individuals in expanding their businesses in economically underdeveloped areas. post-completion, participants gain access to a network of fellow program graduates, further aiding their entrepreneurial journey. The organization's mission is to facilitate knowledge transfer and prepare minorities to develop vibrant businesses within their communities. WIBO currently employs a team of two individuals.
Is Workshop In Business Opportunities Inc legitimate?
Workshop In Business Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workshop In Business Opportunities 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: $49,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,421
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What is the mission statement of Workshop In Business Opportunities Inc?
The mission of Workshop In Business Opportunities Inc is centered around empowering minorities. Their primary goal is to prepare these individuals for business ownership within their communities. This is achieved through knowledge transfer during their workshops and programs. Upon completion of these programs, participants gain access to a network of other program graduates, providing ongoing support. The organization focuses on training entrepreneurs, particularly in economically underdeveloped areas, to expand their businesses effectively.
Who is the CEO of Workshop In Business Opportunities Inc?
Myron Blumenfeld is the Chair of Workshop In Business Opportunities Inc.
What is the revenue of Workshop In Business Opportunities Inc?
Workshop In Business Opportunities Inc's revenue in 2022 was $161,157.
Who are the executives of Workshop In Business Opportunities Inc and what are their salaries?
The average compensation at Workshop In Business Opportunities Inc during 2022 was $46,056. There are 2 employees at Workshop In Business Opportunities Inc.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Workshop In Business Opportunities Inc?
Workshop In Business Opportunities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Workshop In Business Opportunities Inc
Workshop in Business Opportunities Inc, as a nonprofit organization, is committed to empowering minorities by helping them establish and grow businesses within their communities. Its mission is to prepare individuals from minority backgrounds to become successful entrepreneurs. Through its workshops and programs, the organization aims to transfer knowledge to each participant, equipping them with the necessary skills to expand their businesses in economically underdeveloped areas. Upon completion of the program, participants gain access to a network of graduates, providing them with a supportive community to continue their entrepreneurial journey.
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Impact
October, 2024
Workshop In Business Opportunities Inc impacts the community by empowering minorities to acquire the skills and knowledge necessary for successful business ownership. Through comprehensive workshops and targeted programs, it focuses on training entrepreneurs to expand their businesses in economically underdeveloped areas of New York. This initiative not only fosters individual entrepreneurial spirit but also stimulates local economies by encouraging business development in underserved communities.
The organization's mission centers around preparing minorities to establish and grow their businesses, ensuring a transfer of knowledge to each participant. By equipping individuals with essential business skills, it promotes personal and community empowerment. Alumni of the program gain access to a robust network of support, enhancing opportunities for collaboration and business growth. Overall, the work of Workshop In Business Opportunities Inc contributes to a more equitable economic landscape and a sustainable future for minority entrepreneurs in New York.
This information is meant to be a general summary of Workshop In Business Opportunities 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.
- Gross Receipts: $161,157
Assets and Liabilities:
- Total Assets: $67,822
- Total Liabilities: $0
- Net Assets: $67,822
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Organization Details
Founding Year
1966
Phone
(646) 400-0566Principal Officer
Myron Blumenfeld
Main Address
144 W 27TH STREET UN ROOM 5R, NEW YORK, NY, 10001
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