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The Business Center For Entrepreneurship And Social Enterprise

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

EIN: 232972070 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Business Center For Entrepreneurship And Social Enterprise?

The Business Center For Entrepreneurship And Social Enterprise is a nonprofit organization situated in Philadelphia, Pennsylvania. With a team of seven dedicated individuals, they offer consulting and educational workshops, as well as business support services, catering mainly to entrepreneurs and business owners within the Northwest Philadelphia minority community. Their mission is to foster business growth and strengthen the local ecosystem by providing essential education and networking opportunities, ultimately contributing to its improvement.


Official website here: www.thebizctr.com

What do the Facebook reviews say about The Business Center For Entrepreneurship And Social Enterprise?

100% of 7 reviewers on Facebook recommend The Business Center For Entrepreneurship And Social Enterprise. Here is a summary of their reviews:

All users express a positive sentiment towards the nonprofit, emphasizing its valuable contributions to entrepreneurship and social initiatives. The single review mentions the nonprofit's engaging online presence, indicating that they effectively connect with their community.

Overall, the organization appears to have a strong support base and is recognized for its positive influence in fostering entrepreneurship and social enterprise development. It seems to be successfully delivering on its mission to empower individuals and communities.


This AI summary has been generated from reviews found on Facebook.

Is The Business Center For Entrepreneurship And Social Enterprise legitimate?

The Business Center For Entrepreneurship And Social Enterprise is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Business Center For Entrepreneurship And Social Enterprise 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: $128,805
Professional Fundraising Fees: $6,000
Other Salaries and Wages: $64,350

For more financial information, click here


Official website here: www.thebizctr.com

What is the mission statement of The Business Center For Entrepreneurship And Social Enterprise?

The Business Center for Entrepreneurship and Social Enterprise is committed to providing education and business networking programs aimed at enhancing the business formation process. This initiative is designed to contribute positively to the minority ecosystem in Northwest Philadelphia. Through consulting and educational workshops, as well as business support services, they assist both established business owners and aspiring entrepreneurs in their endeavors. The ultimate goal is to foster a thriving business environment that benefits the local community.


Official website here: www.thebizctr.com

What is the revenue of The Business Center For Entrepreneurship And Social Enterprise?

The Business Center For Entrepreneurship And Social Enterprise's revenue in 2023 was $547,870.


Official website here: www.thebizctr.com

Who are the executives of The Business Center For Entrepreneurship And Social Enterprise and what are their salaries?

The average compensation at The Business Center For Entrepreneurship And Social Enterprise during 2023 was $27,594. There are 7 employees and 12 volunteers at The Business Center For Entrepreneurship And Social Enterprise.

Here are 13 key members and their salaries:


Pamela Rich Wheeler (Executive Director)
  • Compensation: $128,806
  • Related: $0
  • Other: $0
Ron Williford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Williford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Nichols (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenya Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kahler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janine Scaff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Garrett Burks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camille Simpkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Williams (Board Members)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Bowie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Doreen Loury (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thebizctr.com

Where can I find the form 990 for The Business Center For Entrepreneurship And Social Enterprise?

The Business Center For Entrepreneurship And Social Enterprise's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thebizctr.com

Learn more at the official website: www.thebizctr.com

Mission Statement of The Business Center For Entrepreneurship And Social Enterprise

The Business Center for Entrepreneurship and Social Enterprise is committed to enhancing the business landscape in Northwest Philadelphia's minority community. To achieve this, the organization focuses on providing essential education and networking programs. The primary mission of this center is to strengthen the business formation process, thereby contributing to the overall improvement of the minority ecosystem in the area. Through their consulting and educational workshops, they offer business support services to both established entrepreneurs and aspiring ones, aiming to equip them with the necessary tools to thrive in their ventures.

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Impact




October, 2024

The Business Center for Entrepreneurship and Social Enterprise plays a pivotal role in enhancing the business landscape in Northwest Philadelphia, particularly for minority entrepreneurs. By offering essential educational workshops and consulting services, the center equips business owners and aspiring entrepreneurs with the skills and knowledge needed to develop and grow their enterprises.

Through its business support services, the center fosters a robust environment for business formation, helping individuals navigate the complexities of launching and sustaining a business. This impact is crucial in creating a stronger minority ecosystem, leading to increased economic opportunities and community empowerment within the region. Networking programs further amplify this effect by connecting entrepreneurs, facilitating collaborations, and enhancing access to resources essential for success. Overall, the center significantly contributes to the vitality and sustainability of local businesses, driving economic growth and fostering community development in Northwest Philadelphia.




This information is meant to be a general summary of The Business Center For Entrepreneurship And Social Enterprise. 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
$547,870 (2023)
Expenses
$402,723 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,051
  • Program Service Revenue: $10,050
  • Gross Receipts: $547,870

Assets and Liabilities:

  • Total Assets: $668,831
  • Total Liabilities: $298,600
  • Net Assets: $370,231

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Organization Details

Founding Year

2001

Principal Officer

Pamela Rich Wheeler

NTEE Category

Code: B60 - Education

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