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Interise Inc

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

EIN: 263011769 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Interise Inc?

Interise Inc, headquartered in Boston, Massachusetts, is a nonprofit organization dedicated to fostering economic growth in disadvantaged communities. Through their StreetWise MBA program, they equip established small business owners in these areas with essential management skills, business knowledge, and valuable network connections. By empowering these entrepreneurs, Interise Inc encourages the expansion of their businesses, leading to the creation of new job opportunities and the development of community leaders. Their mission is to stimulate economic revitalization within these communities. With a team of 25 individuals, Interise Inc is committed to playing a vital role in the transformation and upliftment of lower income communities.


Official website here: www.interise.org

Is Interise Inc legitimate?

Interise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interise 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.

Here are some key statistics you may want to consider:

Executive Compensation: $217,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,197,654

For more financial information, click here


Official website here: www.interise.org

What is the mission statement of Interise Inc?

Interise Inc's mission is centered around stimulating economic revitalization in lower income communities. They achieve this by providing established small business owners in these communities with the necessary management knowledge, business skills, and network connections needed for growth. As these businesses flourish, they create new job opportunities and emerge as community leaders, contributing positively to their local economies. Interise's Streetwise MBA program is instrumental in executing this mission, fostering resilient communities in the process.


Official website here: www.interise.org

Who is the CEO of Interise Inc?

Darrell Byers is the Ceo of Interise Inc. The CEO's salary of Interise Inc is $191,292 and their total compensation is $227,032.


Official website here: www.interise.org

What is the revenue of Interise Inc?

Interise Inc's revenue in 2022 was $1,953,205.


Official website here: www.interise.org

Who are the executives of Interise Inc and what are their salaries?

The average compensation at Interise Inc during 2022 was $56,587. There are 25 employees at Interise Inc.

Here are 10 key members and their salaries (Interise Inc's CEO's salary is $191,292 and their total compensation is $227,032):

    Darrell Byers (Ceo)
  • Compensation: $191,292
  • Related: $0
  • Other: $35,740

    • Deidre Coyle (Development)
  • Compensation: $171,153
  • Related: $0
  • Other: $22,362

    • Bernard Johnson (Program Dire)
  • Compensation: $148,976
  • Related: $0
  • Other: $21,616

    • Arthur Bernard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wallace Bryant (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyrone Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Hackney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alvaro Lima (Secretary/Cl) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Thrasher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Wiley (Board Presid) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.interise.org

    Where can I find the form 990 for Interise Inc?

    The Interise Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.interise.org

    Learn more at the official website: www.interise.org

    Mission Statement of Interise Inc

    Interise Inc, a notable organization, is dedicated to stimulating economic revitalization in lower-income communities. Their mission is to equip established small business owners within these communities with the necessary management knowledge, business acumen, and network connections required for further growth. As these businesses flourish, they generate new job opportunities, thereby developing these entrepreneurs into influential community leaders. In essence, Interise Inc aims to build resilient communities by empowering local business owners.

    Impact

    This information is meant to be a general summary of Interise Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Interise Inc stimulates economic revitalization in lower-income communities by providing established small business owners with the management knowledge, business know-how, and access to networks needed for further growth. As a result, these businesses are able to grow, generate net new job growth, and develop into community leaders. This not only benefits the individual businesses but also contributes to the overall economic development and resilience of these communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $266
  • Program Service Revenue: $1,525,836
  • Gross Receipts: $1,953,205

    • Assets and Liabilities:
  • Total Assets: $2,414,777
  • Total Liabilities: $2,034,726
  • Net Assets: $380,051
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LICENSES

    Revenue

    $1,525,836

    Organization Details

    Founding Year

    2007

    Principal Officer

    Darrell Byers

    Main Address

    800 BOYLSTON STREET 16TH FLOOR, BOSTON, MA, 02199

    NTEE Category

    Code: S40 - Community improvement

    If you are a representative of Interise Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.