Overview
What is Social Enterprise Institute Usa?
Social Enterprise Institute USA is a nonprofit organization situated in Elizabethtown, Pennsylvania. Its primary mission is to offer organizational development and technical guidance, with a special focus on assisting nonprofits in establishing or acquiring for-profit subsidiaries. This strategy aims to augment their revenue sources for program services. The organization also provides financial advisory services through its subsidiary, the Social Impact Funding Benefit Corporation (SIFB). Initially, SIFB was a wholly owned subsidiary of Social Enterprise Institute USA, but on January 1, 2021, it was transferred to Social Impact Properties (SIP). The institute has a modest workforce of 5 individuals committed to enhancing the financial sustainability of nonprofit organizations.
Official website here: www.socialenterprisegroup.org
Is Social Enterprise Institute Usa legitimate?
Social Enterprise Institute Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Enterprise Institute Usa 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: $99,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,248
For more financial information, click here
Official website here: www.socialenterprisegroup.org
What is the mission statement of Social Enterprise Institute Usa?
The Social Enterprise Institute USA serves as an organizational development and technical advisor, specializing in assisting nonprofits in establishing or acquiring for-profit subsidiaries to boost their program service revenue funding sources. To accomplish this, the organization offers financial guidance through its subsidiary, the Social Impact Funding Benefit Corporation (SIFB). Notably, SIFB was transferred as a wholly owned subsidiary under Social Impact Properties (SIP) on January 1, 2021. In essence, the Social Enterprise Institute Usa aims to help nonprofits enhance their financial stability and expand their services by leveraging for-profit ventures.
Official website here: www.socialenterprisegroup.org
Who is the CEO of Social Enterprise Institute Usa?
James Reeb is the Executive Dir. of Social Enterprise Institute Usa.
Official website here: www.socialenterprisegroup.org
What is the revenue of Social Enterprise Institute Usa?
Social Enterprise Institute Usa's revenue in 2022 was $359,945.
Official website here: www.socialenterprisegroup.org
Who are the executives of Social Enterprise Institute Usa and what are their salaries?
The average compensation at Social Enterprise Institute Usa during 2022 was $31,583. There are 5 employees and 2 volunteers at Social Enterprise Institute Usa.
Here are 5 key members and their salaries:
- Compensation: $45,833
- Related: $0
- Other: $0
- Compensation: $45,833
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.socialenterprisegroup.org
Where can I find the form 990 for Social Enterprise Institute Usa?
Social Enterprise Institute Usa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.socialenterprisegroup.org
Learn more at the official website: www.socialenterprisegroup.org
Mission Statement of Social Enterprise Institute Usa
The Social Enterprise Institute USA serves as a vital organizational development and technical advisor, primarily dedicated to assisting nonprofits in expanding their revenue sources by establishing or acquiring for-profit subsidiaries. This strategy aims to bolster program service funding. The organization provides financial guidance through its subsidiary, the Social Impact Funding Benefit Corporation (SIFB). Notably, SIFB was transferred as a wholly-owned subsidiary under Social Impact Properties (SIP) on January 1, 2021. In essence, the Social Enterprise Institute USA's mission is to empower nonprofits by equipping them with the necessary tools and expertise to generate sustainable revenue streams, thereby enhancing their ability to fulfill their respective missions.
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Impact
October, 2024
The Social Enterprise Institute USA has made a significant impact by empowering nonprofits to enhance their financial sustainability through the development of for-profit subsidiaries. By offering organizational development and technical advisory services, the Institute helps these organizations diversify their revenue streams, ultimately enabling them to expand their program services and reach more individuals in need.
The financial advising services provided through its subsidiary, the Social Impact Funding Benefit Corporation (SIFB), further bolster this effort by equipping nonprofits with the necessary tools and resources to successfully manage their financial strategies. Through its work, the Institute fosters innovation in the nonprofit sector, promoting the creation of sustainable revenue models that allow organizations to thrive and continuously support their missions.
By focusing on social enterprise development, the Social Enterprise Institute USA addresses critical funding challenges faced by nonprofits, enabling them to become more resilient and impactful within their communities. This commitment to enhancing organizational capacity reflects a deep understanding of the needs of health-related and other service-oriented nonprofits, ultimately contributing to broader societal wellbeing.
This information is meant to be a general summary of Social Enterprise Institute Usa. 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: $96
- Program Service Revenue: $318,599
- Gross Receipts: $359,945
Assets and Liabilities:
- Total Assets: $115,696
- Total Liabilities: $304,088
- Net Assets: -$188,392
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVISORY FEES
Revenue
$318,599
Organization Details
Founding Year
2010
Phone
(717) 422-2080Principal Officer
James Reeb
Main Address
PO BOX 443, ELIZABETHTOWN, PA, 17022
NTEE Category
Code: E12 - Health
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