Overview
What is New Orleans Startup Fund Inc?
New Orleans Startup Fund Inc, headquartered at 1100 Poydras Street Suite 3475, New Orleans, Louisiana 70163, is a seed capital fund established by local businesses and financial leaders. Its primary mission is to foster the growth of early-stage, innovative companies with high potential for job creation and economic development in the Greater New Orleans area. By offering seed capital and business assistance, the fund aims to transform these startups into venture-ready companies, thereby contributing to the region's job market and overall prosperity. The organization, with a small team of one employee, conducts market research and provides essential business support to these fledgling enterprises.
Official website here: www.neworleansstartupfund.org
Is New Orleans Startup Fund Inc legitimate?
New Orleans Startup Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Orleans Startup Fund 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.neworleansstartupfund.org
What is the mission statement of New Orleans Startup Fund Inc?
The New Orleans Startup Fund Inc. serves as a seed capital fund, initiated by local businesses and financial leaders. Its primary objective is to foster the growth of early-stage, innovative businesses, transforming them into venture-ready companies. This mission aims to generate employment opportunities and stimulate economic prosperity within the ten-parish region. To accomplish this, the fund provides seed capital and business assistance to these fledgling firms, thereby contributing to their development and success.
Official website here: www.neworleansstartupfund.org
Who is the CEO of New Orleans Startup Fund Inc?
Matt Wisdom is the Director (Chairman) of New Orleans Startup Fund Inc. The CEO's salary of New Orleans Startup Fund Inc is $150,000 and their total compensation is $150,000.
Official website here: www.neworleansstartupfund.org
What is the revenue of New Orleans Startup Fund Inc?
New Orleans Startup Fund Inc's revenue in 2022 was $220,287.
Official website here: www.neworleansstartupfund.org
Who are the executives of New Orleans Startup Fund Inc and what are their salaries?
The average compensation at New Orleans Startup Fund Inc during 2022 was $150,000. There is 1 employee and 7 volunteers at New Orleans Startup Fund Inc.
Here are 8 key members and their salaries (New Orleans Startup Fund Inc's CEO's salary is $150,000 and their total compensation is $150,000):
- Compensation: $150,000
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.neworleansstartupfund.org
Where can I find the form 990 for New Orleans Startup Fund Inc?
New Orleans Startup Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neworleansstartupfund.org
Learn more at the official website: www.neworleansstartupfund.org
Mission Statement of New Orleans Startup Fund Inc
The New Orleans Startup Fund Inc., spearheaded by local businesses and financial leaders, functions as a seed capital fund with a mission to propel the growth of early-stage, innovative enterprises into venture-ready companies. Their objective is to foster job creation and economic prosperity within the ten parish regions of Greater New Orleans. To achieve this, the organization offers seed capital and business assistance to emerging firms, aiming to transform them into viable ventures that contribute positively to the local economy.
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Impact
October, 2024
The New Orleans Startup Fund Inc. plays a crucial role in fostering economic growth and job creation in the Greater New Orleans area. By providing seed capital and business assistance to early-stage, innovative firms, the Fund actively supports the development of companies that have the potential to become venture-ready. This support not only accelerates the growth of these businesses but also contributes to the broader economic prosperity of the ten-parish region.
Through comprehensive market research and tailored business support, the Fund helps emerging companies navigate the challenges of early-stage development. This focus on innovation and entrepreneurship cultivates a dynamic business environment that can attract further investment and talent to the area. The overall impact of the New Orleans Startup Fund is evident in its contribution to job creation, community improvement, and the establishment of a vibrant entrepreneurial ecosystem that can sustain long-term economic growth for the region.
This information is meant to be a general summary of New Orleans Startup Fund 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: $15,927
- Gross Receipts: $220,287
Assets and Liabilities:
- Total Assets: $2,328,588
- Total Liabilities: $9,355
- Net Assets: $2,319,233
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Organization Details
Founding Year
2010
Phone
(504) 527-6900Principal Officer
Matt Wisdom
Main Address
1100 Poydras Street Suite 3475, New Orleans, LA, 70163
NTEE Category
Code: S43 - Community improvement
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