Overview
What is Center On Business And Poverty Inc?
The Center on Business and Poverty Inc is a nonprofit organization with a mission to cater to the needs of low-income individuals and promote businesses that follow participatory capitalism principles, creating quality jobs. They accomplish this objective through collaborative partnerships. Notably, the center has successfully launched and expanded 44 companies and provided free income tax assistance to nearly 11,000 low-income workers and their families. Their services contribute to enhancing the economic prospects of underprivileged individuals while supporting responsible businesses.
Official website here: www.https: www.centeronbusinessandpoverty.com
Is Center On Business And Poverty Inc legitimate?
Center On Business And Poverty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center On Business And Poverty 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.https: www.centeronbusinessandpoverty.com
What is the mission statement of Center On Business And Poverty Inc?
The Center on Business and Poverty Inc was founded with the purpose of assisting low-income individuals and promoting businesses that adhere to participatory capitalism principles, creating quality employment opportunities. This mission is accomplished through collaborative partnerships. One of the center's notable achievements includes the launch and growth of 44 companies. Additionally, the center provides free income tax services to nearly 11,000 low-income employees and their families, thereby supporting their financial well-being.
Official website here: www.https: www.centeronbusinessandpoverty.com
Who is the CEO of Center On Business And Poverty Inc?
Thomas Harms is the Treasurer of Center On Business And Poverty Inc.
Official website here: www.https: www.centeronbusinessandpoverty.com
What is the revenue of Center On Business And Poverty Inc?
Center On Business And Poverty Inc's revenue in 2022 was $85,277.
Official website here: www.https: www.centeronbusinessandpoverty.com
Who are the executives of Center On Business And Poverty Inc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.https: www.centeronbusinessandpoverty.com
Where can I find the form 990EZ for Center On Business And Poverty Inc?
Center On Business And Poverty Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.https: www.centeronbusinessandpoverty.com
Learn more at the official website: www.https: www.centeronbusinessandpoverty.com
Mission Statement of Center On Business And Poverty Inc
The Center on Business and Poverty Inc was established with a mission to address the needs of low-income individuals while supporting businesses that embody the principles of participatory capitalism and create sustainable jobs. To achieve this goal, the organization forms partnerships. In operation, the Center on Business and Poverty Inc has made significant strides, including the initiation and growth of 44 companies. Furthermore, the center offers free income tax services to nearly 11,000 low-income employees and their families, demonstrating its commitment to assisting individuals from disadvantaged backgrounds.
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Impact
October, 2024
Center On Business And Poverty Inc has a significant impact on the lives of low and moderate-income individuals through its innovative approach to participatory capitalism. By establishing partnerships, the Center not only addresses essential economic needs but also fosters the growth of sustainable businesses.
The organization has successfully started and nurtured 44 companies, contributing to job creation in the community. Additionally, it has provided free income tax services to nearly 11,000 low-income employees and their families, alleviating financial burdens and enhancing their economic stability. Through these initiatives, the Center effectively empowers individuals and supports a thriving economic ecosystem that values inclusivity and opportunity.
This information is meant to be a general summary of Center On Business And Poverty 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: $1,677
- Gross Receipts: $85,277
Assets and Liabilities:
- Total Assets: $27,315
- Total Liabilities: $120,000
- Net Assets: -$92,685
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Organization Details
Principal Officer
Thomas Harms
Main Address
2118 SOUTHERN PRESERVE LN, FRANKLIN, TN, 370641647
NTEE Category
Code: B60 - Education
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