Overview
What is Entrepreneurship Foundation Inc?
Entrepreneurship Foundation Inc, situated in Fairfield, Connecticut, is a nonprofit organization that focuses on workforce development, particularly in the manufacturing industry. With financial support from the American Rescue Plan Act (ARPA) grant, the foundation has initiated a program to address challenges faced by the sector due to COVID-19 disruptions and a lack of skilled labor. This includes promoting manufacturing as a potential business or career option through marketing campaigns, career fairs, and trade shows. The foundation's mission is to offer valuable resources and support to both educators and entrepreneurs, aiming to contribute positively to their respective fields.
Official website here: www.entrepreneurshipfoundation.org
Is Entrepreneurship Foundation Inc legitimate?
Entrepreneurship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneurship Foundation 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: $35,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.entrepreneurshipfoundation.org
What is the mission statement of Entrepreneurship Foundation Inc?
The Entrepreneurship Foundation Inc's mission is centered around providing valuable resources and support to both educators and entrepreneurs. Their objective is to effectively cater to the needs of these two groups, aiming to foster growth and development in both sectors. In response to the demands from a local Chamber of Commerce and with the help of an ARPA grant, the Foundation initiated a program to bolster the manufacturing industry in Connecticut. This program aimed to motivate young individuals to consider manufacturing as a business opportunity or as a career, thereby addressing the industry's supply chain needs and HR resource shortage. The Foundation organized events such as career fairs and manufacturing trade shows, inviting young companies and startups to serve as suppliers and established firms as buyers.
Official website here: www.entrepreneurshipfoundation.org
Who is the CEO of Entrepreneurship Foundation Inc?
Michael Roer is the President of Entrepreneurship Foundation Inc.
Official website here: www.entrepreneurshipfoundation.org
What is the revenue of Entrepreneurship Foundation Inc?
Entrepreneurship Foundation Inc's revenue in 2022 was $376,243.
Official website here: www.entrepreneurshipfoundation.org
Who are the executives of Entrepreneurship Foundation Inc and what are their salaries?
There 100 volunteers at Entrepreneurship Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.entrepreneurshipfoundation.org
Where can I find the form 990 for Entrepreneurship Foundation Inc?
Entrepreneurship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.entrepreneurshipfoundation.org
Learn more at the official website: www.entrepreneurshipfoundation.org
Mission Statement of Entrepreneurship Foundation Inc
Entrepreneurship Foundation Inc, a nonprofit organization, is dedicated to offering valuable resources and support for both educators and entrepreneurs. Their mission is multifaceted, aiming to address the needs of both these groups. In response to requests from regional chambers of commerce and with the aid of an ARPA grant, the Foundation has taken an active role in supporting the manufacturing industry in Connecticut. This sector has been affected by supply chain disruptions due to COVID-19 and a persistent shortage of skilled labor. To address these challenges, Entrepreneurship Foundation Inc launched a marketing campaign. This campaign encouraged young people to consider manufacturing as a promising business venture or a rewarding career option. Events such as career fairs and manufacturing trade shows were organized, featuring both young companies and startups as suppliers, and established firms as buyers. These initiatives aim to expand the existing supply chain and bolster human resources for the companies in the manufacturing sector.
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Impact
October, 2024
Entrepreneurship Foundation Inc significantly impacts workforce development by addressing the critical needs of the manufacturing sector in Connecticut. In response to challenges such as supply chain disruptions and a shortage of skilled labor exacerbated by the COVID-19 pandemic, the Foundation has initiated targeted programs that connect young talent with opportunities in the manufacturing industry.
Through a comprehensive marketing campaign, the Foundation promotes manufacturing careers to youth, highlighting the importance of this sector in strengthening the supply chain and enhancing the workforce. By organizing career fairs and manufacturing trade shows, the Foundation facilitates connections between emerging startups and established firms, fostering collaboration and resource-sharing within the industry.
These initiatives not only aim to build a robust pipeline of skilled labor but also support the overall growth and sustainability of the manufacturing ecosystem in Connecticut. By equipping educators and entrepreneurs with valuable resources, Entrepreneurship Foundation Inc plays a pivotal role in revitalizing the local economy and ensuring the future of manufacturing in the region.
This information is meant to be a general summary of Entrepreneurship Foundation 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: $1
- Gross Receipts: $376,243
Assets and Liabilities:
- Total Assets: $160,919
- Total Liabilities: $20,880
- Net Assets: $140,039
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Organization Details
Founding Year
2007
Phone
(203) 540-5903Principal Officer
Michael Roer
Main Address
425 Katona Drive, Fairfield, CT, 06824
NTEE Category
Code: B90 - Education
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