Overview
What is Covington Business Council Inc?
Covington Business Council Inc is a nonprofit organization dedicated to advocating for and supporting small businesses in Covington, Kentucky. They raise funds through various events to contribute to community enrichment and their mission. Regular monthly lunch meetings offer insightful discussions and relevant topics, serving as a platform for networking and knowledge sharing within the business community. The council actively advocates on behalf of local businesses, working to ensure their interests are represented and heard.
Official website here: www.cbcky.com
Is Covington Business Council Inc legitimate?
Covington Business Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Covington Business Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,633
For more financial information, click here
Official website here: www.cbcky.com
What is the mission statement of Covington Business Council Inc?
The Covington Business Council Inc's mission is centered around advocating for small businesses. They achieve this through various means, including hosting fundraising events to generate revenue for community enrichment and organizing monthly lunch meetings with guest speakers discussing relevant topics. The council actively advocates on behalf of small businesses, working to advance their interests and needs. Their mission is to contribute positively to the business community, fostering an environment that supports the growth and success of small businesses.
Official website here: www.cbcky.com
What is the revenue of Covington Business Council Inc?
Covington Business Council Inc's revenue in 2023 was $323,601.
Official website here: www.cbcky.com
Who are the executives of Covington Business Council Inc and what are their salaries?
The average compensation at Covington Business Council Inc during 2023 was $54,478.
Here are 17 key members and their salaries:
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Official website here: www.cbcky.com
Where can I find the form 990 for Covington Business Council Inc?
Covington Business Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cbcky.com
Learn more at the official website: www.cbcky.com
Mission Statement of Covington Business Council Inc
The Covington Business Council Inc is committed to advocating for the interests of small businesses in their community. They accomplish this through a variety of means. Primarily, they organize fundraising events that generate revenue for community enrichment initiatives. Additionally, they host monthly lunch meetings where they invite speakers and discuss relevant topics related to small businesses. This platform serves not only as an educational resource but also as a platform for advocacy, allowing the council to voice their support for small businesses in the community. Overall, the Covington Business Council Inc plays a significant role in advocating for the well-being and success of small businesses in their area.
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Impact
October, 2024
Covington Business Council Inc significantly impacts the economic landscape of Covington, KY, by championing the interests of small businesses. Through organized fundraising events, the Council generates essential revenue that supports community enrichment initiatives, thereby fostering a vibrant local economy. The monthly lunch meetings, featuring speakers and discussions on relevant topics, serve as a dynamic platform for networking and sharing vital information among business leaders. By advocating for small businesses, the Council strengthens their voice and influence in local governance and community matters, ultimately contributing to a more supportive business environment and enhancing the overall quality of life in Covington.
This information is meant to be a general summary of Covington Business Council 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 2023.
- Program Service Revenue: $43,438
- Gross Receipts: $405,761
Assets and Liabilities:
- Total Assets: $175,409
- Total Liabilities: $52,947
- Net Assets: $122,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDU - LUNCH & LEARN
Revenue
$41,345
LUNCH & LEARN - BOA
Revenue
$2,093
Organization Details
Founding Year
1972
Principal Officer
Pat Frew
Website
www.cbcky.comNTEE Category
Code: S41 - Community improvement
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