Overview
What is Independence Business Alliance?
The Independence Business Alliance, located in Philadelphia, Pennsylvania, is a nonprofit organization with a mission to uplift and support the financial prospects, diversity, leadership, and collaboration within the city's lesbian, gay, bisexual, and transgendered business and leadership communities. Every June, they host an annual event featuring the election of officers, networking opportunities, and insightful speakers, often including elected officials and representatives from other chambers of commerce. The organization's activities and mission aim to advocate for positive change in this community, fostering a supportive environment for growth and development. With a modest workforce of two employees, the Independence Business Alliance continues to champion its cause in the city of Philadelphia.
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Is Independence Business Alliance legitimate?
Independence Business Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independence Business Alliance 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: $100,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,853
For more financial information, click here
Official website here: www.thinkiba.com
What is the mission statement of Independence Business Alliance?
The Independence Business Alliance's mission is centered around promoting the financial opportunities, diversity, leadership development, and collaboration within the Lesbian, Gay, Bisexual, and Transgendered business and leadership communities. Their goal is to advocate for positive change in these communities. Each June, they host an annual event that includes the election of officers, networking opportunities, and presentations from elected officials, representatives of other chambers of commerce, and a report on the organization's status.
Official website here: www.thinkiba.com
Who is the CEO of Independence Business Alliance?
Zach Wilcha is the CEO of Independence Business Alliance The CEO's salary of Independence Business Alliance is $94,417 and their total compensation is $99,492.
Official website here: www.thinkiba.com
What is the revenue of Independence Business Alliance?
Independence Business Alliance's revenue in 2023 was $321,169.
Official website here: www.thinkiba.com
Who are the executives of Independence Business Alliance and what are their salaries?
The average compensation at Independence Business Alliance during 2023 was $69,688. There are 2 employees and 27 volunteers at Independence Business Alliance.
Here are 28 key members and their salaries (Independence Business Alliance's CEO's salary is $94,417 and their total compensation is $99,492):
- Compensation: $94,417
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Official website here: www.thinkiba.com
Where can I find the form 990 for Independence Business Alliance?
Independence Business Alliance's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thinkiba.com
Learn more at the official website: www.thinkiba.com
Mission Statement of Independence Business Alliance
The Independence Business Alliance, a prominent organization in Philadelphia, is dedicated to promoting the financial opportunities, fostering diversity, and developing leadership within the city's lesbian, gay, bisexual, and transgendered business and leadership communities. Their mission aims to create a collaborative environment, advocating for positive change in these communities.
Each year, the Alliance hosts an annual event that serves multiple purposes. Members and guests have an opportunity to network, and the event also includes a program of speakers. These speakers often include elected officials, representatives from other chambers of commerce, and the President of the Independence Business Alliance, who provides a report on the organization's current status. This event is a significant platform for the Alliance to engage with its community and further its mission.
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Impact
October, 2024
Independence Business Alliance plays a transformative role in enhancing the financial landscape and social fabric of Greater Philadelphia's LGBTQ+ business and leadership communities. By promoting opportunities for networking and collaboration, it fosters a supportive environment where diverse voices can thrive. Through its annual events, the organization not only facilitates connections among members and local businesses but also amplifies critical discussions on leadership and advocacy.
The alliance’s efforts to elevate LGBTQ+ representation in business contribute significantly to the community's visibility and economic empowerment. By advocating for positive change and encouraging inclusivity, it cultivates an ecosystem where diverse perspectives drive innovation and positively impact the broader commercial landscape. As a result, Independence Business Alliance is instrumental in creating a more equitable and vibrant business community in Philadelphia.
This information is meant to be a general summary of Independence Business Alliance. 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 2023.
- Investment Income: $87
- Program Service Revenue: $222,250
- Gross Receipts: $321,169
Assets and Liabilities:
- Total Assets: $355,631
- Total Liabilities: $152,254
- Net Assets: $203,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE PARTNERSHIP
Revenue
$108,685
EVENTS
Revenue
$60,113
DUES
Revenue
$53,452
Organization Details
Founding Year
2007
Principal Officer
Brett Murphy
Website
www.thinkiba.comNTEE Category
Code: S41 - Community improvement
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