The Entrepreneurship Institute

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

EIN: 310881704 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Entrepreneurship Institute?

The Entrepreneurship Institute, located in Columbus, Ohio, is a nonprofit organization that focuses on supporting and promoting entrepreneurship and job creation within the community. Their primary activities include hosting regional economic development projects, culminating in annual conferences for business leaders aiming to start or expand their ventures. These events directly benefit 240 CEOs and indirectly impact 10,800 of their employees. Additionally, the Institute organizes Focused Breakfasts, addressing specific business challenges, benefiting 24 CEOs and their respective workforces. The Institute's mission is to provide educational programs, resources, and networking opportunities to leaders of small and minority-owned businesses, ultimately contributing to local job creation. The organization currently employs a team of eight individuals.


Official website here: www.tei.net

Is The Entrepreneurship Institute legitimate?

The Entrepreneurship Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Entrepreneurship Institute 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: $74,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,092

For more financial information, click here


Official website here: www.tei.net

What is the mission statement of The Entrepreneurship Institute?

The Entrepreneurship Institute's mission is centered around fostering support for Entrepreneurship Development and Job Creation. They accomplish this by providing educational programs and identifying necessary resources for leaders of small and minority businesses. Their activities include hosting regional economic development projects, which culminate in annual conferences, benefiting both the leaders directly and their employees indirectly. Additionally, they conduct focused breakfasts, addressing specific business issues, benefiting both the leaders and their employees. These initiatives aim to contribute to job creation within the community.


Official website here: www.tei.net

What is the revenue of The Entrepreneurship Institute?

The Entrepreneurship Institute's revenue in 2023 was $389,304.


Official website here: www.tei.net

Who are the executives of The Entrepreneurship Institute and what are their salaries?

The average compensation at The Entrepreneurship Institute during 2023 was $33,499. There are 7 employees at The Entrepreneurship Institute.

Here are 5 key members and their salaries:


Jim Vaive (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Yentis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Zupnick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Wm Zupnick (Trustee President Chmn)
  • Compensation: $51,000
  • Related: $0
  • Other: $9,917
James Litzinger (Trustee Secretary Treasurer)
  • Compensation: $23,400
  • Related: $0
  • Other: $0


Official website here: www.tei.net

Where can I find the form 990 for The Entrepreneurship Institute?

The Entrepreneurship Institute's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tei.net

Learn more at the official website: www.tei.net

Mission Statement of The Entrepreneurship Institute

The Entrepreneurship Institute, as its name suggests, is dedicated to supporting the growth and development of small and minority-owned businesses. Its mission is rooted in fostering entrepreneurship and promoting job creation within the community. The organization achieves this by providing educational programs and resources to business leaders, aiming to empower them and ultimately create employment opportunities. The Entrepreneurship Institute accomplishes this through various initiatives, such as hosting forums for individuals interested in starting or expanding their businesses. These forums are part of regional economic development projects, which culminate in a yearly conference. This event directly benefits 240 CEOs, and their 10,800 employees indirectly profit from this support as well.

In addition to these conferences, The Entrepreneurship Institute also organizes Focused Breakfasts. These are issue-specific, 2-4 hour programs designed to address the unique needs of CEOs. By tailoring the content to the CEOs' stated requirements, these breakfasts directly benefit 24 CEOs, and their 1,080 employees indirectly gain from the knowledge and resources shared. Through these initiatives, The Entrepreneurship Institute plays a significant role in supporting entrepreneurship and job creation in the community.

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Impact




October, 2024

The Entrepreneurship Institute significantly impacts the community by providing educational programs and resources tailored to leaders of small and minority businesses. In 2022, the organization directly benefited 240 CEOs and their 10,800 employees through regional economic development projects and forums designed to support business expansion and creation.

Furthermore, focused breakfasts addressing specific challenges faced by CEOs allowed for targeted learning and networking, directly aiding an additional 24 CEOs and their 1,080 employees. By fostering entrepreneurship development and job creation in Columbus, Ohio, The Entrepreneurship Institute plays a crucial role in empowering business leaders and strengthening the local economy.




This information is meant to be a general summary of The Entrepreneurship Institute. 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
$389,304 (2023)
Expenses
$420,120 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $19,203
  • Program Service Revenue: $52,994
  • Gross Receipts: $389,304

Assets and Liabilities:

  • Total Assets: $509,730
  • Total Liabilities: $362,501
  • Net Assets: $147,229

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Programs

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

REGISTRATION FEES

Revenue

$52,994

Program 2

Revenue

$0

Program 3

Revenue

$0

Program 4

Revenue

$0

Program 5

Revenue

$0

Organization Details

Founding Year

1976

Principal Officer

Jan Wm Zupnick

NTEE Category

Code: B00 - Education

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