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Bizdom

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

EIN: 204775521 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is Bizdom?

Bizdom is a nonprofit organization situated in Detroit, Michigan, specifically at 1074 Woodward Avenue. Its primary mission is to offer training and mentoring to aspiring entrepreneurs, specifically those interested in launching and growing tech-based startups in the urban cores of Detroit and Cleveland, Ohio. Bizdom operates exclusively for charitable and educational purposes, establishing and maintaining academies to teach business and entrepreneurial skills to students. Their goal is to mentor, train, and support aspiring entrepreneurs in the creation, development, and ongoing management of successful business ventures with a connection to Detroit, Michigan, or Cleveland, Ohio. By providing intensive mentorship, Bizdom aids in the establishment of innovative, growth-oriented startups within these cities.

Is Bizdom legitimate?

Bizdom is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bizdom 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: $0

For more financial information, click here

What is the mission statement of Bizdom?

Bizdom is an organization dedicated to serving a charitable and educational purpose. Its primary mission is to establish, maintain, and operate academies focused on teaching business and entrepreneurial skills. The goal is to train, mentor, and support aspiring entrepreneurs in the creation, development, and management of successful business ventures. The ventures should have a connection to Detroit, Michigan or Cleveland, Ohio. By doing so, Bizdom aims to empower individuals with the necessary skills to launch and grow innovative tech-based startups.

Who is the CEO of Bizdom?

Laura Grannemann is the President/Treasurer/Secret of Bizdom.

What is the revenue of Bizdom?

Bizdom's revenue in 2022 was $0.

Who are the executives of Bizdom and what are their salaries?

There 3 volunteers at Bizdom.


Here are 3 key members and their salaries:


Laura Grannemann (President/Treasurer/Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Helpern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Sachse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bizdom?

Bizdom's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bizdom

Bizdom, a nonprofit organization, is dedicated to charitable and educational purposes. Its primary objective is to establish, maintain, and operate academies aimed at teaching business and entrepreneurial skills to aspiring entrepreneurs. The academies provide training, mentoring, and support to help individuals launch, develop, and manage successful business ventures. Bizdom's mission is to foster an environment that nurtures innovation, particularly in tech-based startups, with a focus on entrepreneurs in urban cores, such as Detroit and Cleveland. It aims to contribute to these communities by fostering a culture of entrepreneurship and business development.

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Impact




October, 2024

Bizdom plays a significant role in fostering entrepreneurship and innovation in the urban landscapes of Detroit and Cleveland. By providing intense mentorship and training, it empowers aspiring entrepreneurs to launch and grow tech-based startups. The accelerator focuses on equipping individuals with essential business and entrepreneurial skills, thereby helping them navigate the complexities of starting and managing successful ventures.

Through its comprehensive programs, Bizdom not only nurtures innovative ideas but also strengthens the local economy by promoting job creation and sustainable business practices. By focusing on the downtown urban cores, Bizdom contributes to revitalizing these areas, encouraging community development, and fostering a culture of entrepreneurship. The impact is far-reaching, as it cultivates a new generation of business leaders who are committed to driving economic growth and creating opportunities within their communities.




This information is meant to be a general summary of Bizdom. 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
$0 (2022)
Expenses
$5,486 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $343,643
    • Total Liabilities: $1,325,028
    • Net Assets: -$981,385

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    Organization Details

    Founding Year

    2006

    Principal Officer

    Laura Grannemann

    Main Address

    CO TAX TEAM 1074 WOODWARD AVE, DETROIT, MI, 48226

    NTEE Category

    Code: B50 - Education

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