Overview
What is The Enterprise Center Inc?
The Enterprise Center Inc, located in Chattanooga, Tennessee, is a nonprofit organization dedicated to bridging the digital divide within communities. With 15 dedicated employees, they leverage the research, educational, and technological resources of the city and Hamilton County to accomplish their mission. By utilizing Chattanooga's gigabit-per-second infrastructure and establishing a unique location, they aim to recruit and foster new technology-based businesses. The Enterprise Center Inc believes in equipping underprivileged individuals with technology and the necessary education to learn how to use it, empowering them to improve their lives. Their work focuses on organizing and utilizing resources to create opportunities for the betterment of the community.
Official website here: www.theenterprisectr.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Enterprise Center Inc has achieved an impressive score of 97%, reflecting its strong performance in Accountability & Finance. This high rating indicates that the organization is well-managed and transparent, with a focus on ensuring that financial resources are used effectively to fulfill its mission.
One of the standout strengths of The Enterprise Center Inc is its governance structure, boasting a fully independent board with 21 members. The organization also demonstrates exceptional financial practices, evidenced by a program expense ratio of 93.94%, meaning a significant portion of its funds directly supports its programs. Furthermore, it has implemented robust policies for accountability, including conflict of interest and whistleblower policies.
While the organization showcases strong financial health with a low liabilities to assets ratio and efficient fundraising practices, it is essential to consider ongoing monitoring of its performance. The Enterprise Center Inc's focus on transparency and accountability suggests that it holds itself to high standards, which is beneficial for potential donors and beneficiaries alike.
This AI summary has been generated from information found on Charity Navigator.
Is The Enterprise Center Inc legitimate?
The Enterprise Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Enterprise 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: $180,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $785,402
For more financial information, click here
Official website here: www.theenterprisectr.org
What is the mission statement of The Enterprise Center Inc?
The Enterprise Center Inc's mission is to utilize the city's research, educational, and technological resources to address several key areas. These include bridging the digital divide within communities, leveraging Chattanooga's gigabit-per-second infrastructure, and creating a unique location to attract and develop new technology-based businesses. The organization believes in providing underprivileged individuals with the necessary technology and education to improve their lives. Through its Digital Equity Program, it aims to equip these individuals with the tools they need to better themselves.
Official website here: www.theenterprisectr.org
Who is the CEO of The Enterprise Center Inc?
Deb Socia is the Board Member of The Enterprise Center Inc.
Official website here: www.theenterprisectr.org
What is the revenue of The Enterprise Center Inc?
The Enterprise Center Inc's revenue in 2022 was $2,620,320.
Official website here: www.theenterprisectr.org
Who are the executives of The Enterprise Center Inc and what are their salaries?
The average compensation at The Enterprise Center Inc during 2022 was $64,400. There are 15 employees and 12 volunteers at The Enterprise Center Inc.
Here are 21 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $193,792
- Related: $0
- Other: $30,294
Official website here: www.theenterprisectr.org
Where can I find the form 990 for The Enterprise Center Inc?
The Enterprise Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theenterprisectr.org
Learn more at the official website: www.theenterprisectr.org
Mission Statement of The Enterprise Center Inc
The Enterprise Center Inc is committed to organizing and utilizing the research, educational, and technological resources of the city of Chattanooga and Hamilton County. Its mission lies in bridging the digital divide within communities, leveraging Chattanooga's gigabit-per-second infrastructure, and establishing a distinct location to recruit and foster the growth of new technology-based businesses. The organization believes in providing underprivileged individuals with the necessary technology and education to improve their lives. By offering these tools, The Enterprise Center Inc hopes to empower people to better themselves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Enterprise Center Inc significantly impacts the Chattanooga and Hamilton County region by organizing and leveraging local research, educational, and technological resources. By addressing the digital divide, it enhances access to technology and education, particularly for underprivileged communities. This initiative empowers individuals with the necessary tools and knowledge to improve their lives through technology.
Furthermore, the organization capitalizes on Chattanooga's gigabit-per-second infrastructure to foster innovation and attract new technology-based businesses. This strategic focus not only strengthens the local economy but also cultivates a vibrant ecosystem geared toward technological advancement and community development. The combined efforts create distinct opportunities for talent recruitment and business growth, ultimately positioning Chattanooga as a hub for technology and innovation.
This information is meant to be a general summary of The Enterprise 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,520
- Gross Receipts: $2,620,320
Assets and Liabilities:
- Total Assets: $3,389,204
- Total Liabilities: $122,547
- Net Assets: $3,266,657
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(423) 661-3300Principal Officer
Deb Socia
Main Address
1100 MARKET STREET SUITE 500, CHATTANOOGA, TN, 37402
Website
www.theenterprisectr.orgNTEE Category
Code: S31 - Community improvement
If you are a representative of The Enterprise Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.