Overview
What is Entrepreneur Startup Business Development Corporation?
The Entrepreneur Startup Business Development Corporation, commonly known as Arch Grants, is a nonprofit organization based in St. Louis, Missouri. Their primary mission is to promote community development and economic revitalization by offering equity-free grants to innovative startups willing to establish their headquarters in St. Louis. Through an annual competitive grant program, Arch Grants retains and attracts talented innovators to the city, aiming to foster a thriving entrepreneurial ecosystem and cultivate future leaders and philanthropists. In 2022, Arch Grants awarded $14.15 million in grants to 230 companies, including 23 full $75,000 awards and 13 relocation grants of $25,000, as well as six follow-on grants to previously funded companies. The corporation, with a team of 12 employees, has received thousands of applications from around the world since its inception in 2012.
Official website here: www.archgrants.org
Is Entrepreneur Startup Business Development Corporation legitimate?
Entrepreneur Startup Business Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Entrepreneur Startup Business Development Corporation 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: $237,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $581,690
For more financial information, click here
What is the mission statement of Entrepreneur Startup Business Development Corporation?
The Entrepreneur Startup Business Development Corporation, often referred to as Arch Grants, aims to stimulate economic growth and community revitalization by offering equity-free grants of up to $100,000 to innovative entrepreneurs willing to establish their businesses within the corporation's jurisdiction. Arch Grants conducts an annual, highly competitive startup competition to retain and attract talented innovators, thereby boosting entrepreneurial activity and nurturing the upcoming generation of employers, civic leaders, and philanthropists. This initiative is a proactive measure to foster a vibrant entrepreneurial landscape.
Official website here: www.archgrants.org
Who is the CEO of Entrepreneur Startup Business Development Corporation?
Elizabeth Zucker is the President of Entrepreneur Startup Business Development Corporation.
Official website here: www.archgrants.org
What is the revenue of Entrepreneur Startup Business Development Corporation?
Entrepreneur Startup Business Development Corporation's revenue in 2022 was $2,347,434.
Official website here: www.archgrants.org
Who are the executives of Entrepreneur Startup Business Development Corporation and what are their salaries?
The average compensation at Entrepreneur Startup Business Development Corporation during 2022 was $68,233. There are 12 employees and 380 volunteers at Entrepreneur Startup Business Development Corporation.
Here are 15 key members and their salaries:
- Gabriel Angieri (Executive Director (Beg 3/1))
- Emily Lohse-Busch (Executive Director (Thru 2/28))
- Jerry Schlichter (Chairman) [Trustee/Director]
- Elizabeth Zucker (President) [Trustee/Director]
- Stefanie Thelan (Secretary) [Trustee/Director]
- Matt Badler (Treasurer) [Trustee/Director]
- Jack Bader (Director)
- Carl Bouckaert (Director)
- Zundra Bryant (Director)
- John Ferring (Director)
- Bob Guller (Director)
- Sanjay Jain (Director)
- Abha Khandelwal (Director)
- Joe Schlafly (Director)
- Richard Tao (Director)
Official website here: www.archgrants.org
Where can I find the form 990 for Entrepreneur Startup Business Development Corporation?
The Entrepreneur Startup Business Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.archgrants.org
Learn more at the official website: www.archgrants.org
Mission Statement of Entrepreneur Startup Business Development Corporation
Entrepreneur Startup Business Development Corporation, often abbreviated as Arch Grants, is committed to fostering community development in St. Louis through an annual grant competition for start-up companies. The organization's mission is to stimulate economic growth and community revitalization by offering equity-free grants of up to $100,000 to ambitious entrepreneurs willing to establish their businesses in St. Louis. Arch Grants conducts a rigorous and competitive annual competition to attract and retain top innovators, aiming to increase entrepreneurial activity in St. Louis and cultivate the next generation of employers, civic leaders, and philanthropists in the city. This initiative is a proactive effort by Arch Grants to support startup entrepreneurs and contribute to the long-term economic development and vibrancy of St. Louis.
Impact
This information is meant to be a general summary of Entrepreneur Startup Business Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Entrepreneur Startup Business Development Corporation has had a significant impact on the community development of St. Louis City through its grant competition for startup companies. By providing equity-free grants of up to $100,000, the organization has been able to support and develop entrepreneurs in the startup businesses in the city. This initiative not only helps in creating jobs but also aids in combating blight and promoting overall community development.
In 2022, the organization awarded a total of 23 new grants, including relocation grants, through the annual startup competition. Additionally, they provided follow-on grants to previously funded companies through the Growth Grants Program. With a total of $14.15 million awarded in grants to 230 companies by the end of 2022, the Entrepreneur Startup Business Development Corporation has played a crucial role in fostering entrepreneurial activity in St. Louis and attracting innovators to the city.
Overall, the impact of the organization can be seen in the growth of new businesses, job creation, and the revitalization of the community in St. Louis.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2010
Phone
(314) 272-4857
Principal Officer
Elizabeth Zucker
Main Address
2315 LOCUST STREET 2B, ST LOUIS, MO, 63103
Website
www.archgrants.org
NTEE Category
Code: S30 - Community improvement
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