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Cohabitat Foundation Inc

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

EIN: 271566437 ✦ Shreveport, LA ✦ Designated as a 501(c)(3)

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Overview

What is Cohabitat Foundation Inc?

Cohabitat Foundation Inc, a 501(C)(3) nonprofit organization headquartered in Shreveport, Louisiana, is committed to promoting economic growth. They achieve this by offering a variety of resources, tools, and programs to individuals seeking to establish or expand their businesses. Their services include business acceleration, which comprises coaching, workshops, networking events, and co-working space. In 2022, their initiatives resulted in the creation of 33 new jobs, the retention of 28 existing ones, and the projection of over $6 million in increased revenue. The foundation's mission is to support the growth of small businesses, thereby fostering a thriving local economy.


Official website here: www.cohab.org

What do the Facebook reviews say about Cohabitat Foundation Inc?

Cohabitat Foundation Inc has received its first set of reviews on Facebook, with all four reviewers expressing a high level of satisfaction. One user shared a particularly impactful experience with Coach Ever, attributing substantial business growth directly to his coaching. They described how Coach Ever's unique approach and unwavering support transformed their business, resulting in significant annual sales increases.

The reviewer emphasized the strong relationship built with Coach Ever and indicated that his guidance is invaluable for anyone looking to excel. They strongly recommend reaching out to him for assistance, underlining the positive impact he has had not only on their business but also on their team.

Overall, the sentiment surrounding Cohabitat Foundation and its services appears to be very positive, especially regarding Coach Ever's coaching effectiveness. The feedback highlights a commitment to client success and personal growth, making it clear that many find great value in the foundation's offerings.


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

Is Cohabitat Foundation Inc legitimate?

Cohabitat Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cohabitat 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: $64,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,051

For more financial information, click here


Official website here: www.cohab.org

What is the mission statement of Cohabitat Foundation Inc?

Cohabitat Foundation Inc, a 501(c)(3) nonprofit organization, is committed to fostering economic growth. They achieve this by providing various internal and external resources, tools, and programs for individuals aiming to start or expand their businesses. Their mission is to support entrepreneurship and business growth, contributing to the overall economic development. In addition, the foundation offers business acceleration services such as coaching, workshops, networking events, and co-working spaces through their Biztrax program. These services have proven effective, resulting in the creation of 33 new jobs, the retention of 28 jobs, and the projection of over $6 million in increased revenue for participating businesses in 2022.


Official website here: www.cohab.org

Who is the CEO of Cohabitat Foundation Inc?

Jessica Schiele is the Board Member of Cohabitat Foundation Inc.


Official website here: www.cohab.org

What is the revenue of Cohabitat Foundation Inc?

Cohabitat Foundation Inc's revenue in 2022 was $244,676.


Official website here: www.cohab.org

Who are the executives of Cohabitat Foundation Inc and what are their salaries?

The average compensation at Cohabitat Foundation Inc during 2022 was $23,625. There are 3 employees and 9 volunteers at Cohabitat Foundation Inc.


Here are 10 key members and their salaries:


Hilton Nicholson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Gleason (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Robinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rockett (Ex-Officio Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Swaine (Ex-Officio Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Telep (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Schiele (Executive Director)
  • Compensation: $64,825
  • Related: $0
  • Other: $0
Everardo Recendiz (Vice Chair)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Jim Malsch (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Sant (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cohab.org

Where can I find the form 990 for Cohabitat Foundation Inc?

Cohabitat Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cohab.org

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

Mission Statement of Cohabitat Foundation Inc

Cohabitat Foundation Inc, a 501(c)(3) organization, is dedicated to fostering economic growth by offering internal and external resources, tools, and programs for individuals eager to establish or expand their businesses. The mission of this nonprofit is centered around providing support to entrepreneurs and small business owners, aiming to nurture their growth and innovation.

Through its Business Acceleration Services, Cohabitat Foundation Inc offers coaching, workshops, networking events, and co-working spaces. These resources aim to assist existing small businesses, helping them to thrive and grow. In 2022, the impact of these services was significant, with Biztrax companies creating 33 new jobs, retaining 28 jobs, and projecting an increase of over $6 million in revenue. This demonstrates the effectiveness of Cohabitat Foundation Inc's mission in action, contributing to economic growth and job creation within the business community.

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Impact




October, 2024

Cohabitat Foundation Inc significantly impacts economic growth by equipping aspiring and existing entrepreneurs with essential resources, tools, and programs. Through its BizTrax initiative, the foundation provides comprehensive business acceleration services, including coaching, workshops, networking events, and co-working spaces. In 2022 alone, companies associated with BizTrax created 33 new jobs, retained 28 existing jobs, and projected over $6 million in increased revenue. This tangible support not only fosters small business growth and innovation but also contributes to community improvement in Shreveport, Louisiana, enhancing the local economy and job market.




This information is meant to be a general summary of Cohabitat 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.

Revenue
$244,676 (2022)
Expenses
$304,880 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,158
  • Program Service Revenue: $79,869
  • Gross Receipts: $244,676

Assets and Liabilities:

  • Total Assets: $287,167
  • Total Liabilities: $161,801
  • Net Assets: $125,366

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Programs

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

BIZTRAK

Revenue

$26,581

KITCHEN INCUBATOR

Revenue

$25,250

SPECIAL EVENT REVENUE

Revenue

$15,538

DEVTRAX

Revenue

$12,500

Organization Details

Founding Year

2010

Principal Officer

Jessica Schiele

Main Address

500 CLYDE FANT PKWY 200 200, SHREVEPORT, LA, 71101

NTEE Category

Code: S43 - Community improvement

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