Overview
What is Black Connect Inc?
Black Connect Inc, based in Wesley Chapel, Florida, is a nonprofit organization dedicated to bridging the racial wealth gap in America. They accomplish this mission by supporting Black-owned businesses through various initiatives. Their annual pitch competition, FeverPitch, grants business funds to promising tech entrepreneurs. Additionally, they expand their legal services by partnering with more law firms and hosting legal webinars, while also offering in-person assistance during Business Development Day. Black Connect also increases the number of volunteers in their business mentoring program and earmarks funds for their order fulfillment program, which aids entrepreneurs and small business owners in purchasing inventory and fulfilling large orders.
Official website here: www.blackconnect.org/
Is Black Connect Inc legitimate?
Black Connect Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Connect 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: $0
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Official website here: www.blackconnect.org/
What is the mission statement of Black Connect Inc?
Black Connect Inc's mission is centered around eradicating the racial wealth gap in the United States. To accomplish this, the organization focuses on boosting the number and success rate of Black-owned businesses. Through initiatives such as their annual pitch competition, FeverPitch, they have provided business grants to tech entrepreneurs. Additionally, Black Connect Inc has expanded its legal services program to include webinars and in-person assistance, increased the number of volunteers in their business mentoring program, and earmarked funds for an order fulfillment program to aid entrepreneurs and small business owners.
Official website here: www.blackconnect.org/
Who is the CEO of Black Connect Inc?
Angela Majete is the Chairperson of Black Connect Inc.
Official website here: www.blackconnect.org/
What is the revenue of Black Connect Inc?
Black Connect Inc's revenue in 2022 was $194,193.
Official website here: www.blackconnect.org/
Who are the executives of Black Connect Inc and what are their salaries?
There 6 volunteers at Black Connect Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.blackconnect.org/
Where can I find the form 990 for Black Connect Inc?
Black Connect Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blackconnect.org/
Learn more at the official website: www.blackconnect.org/
Mission Statement of Black Connect Inc
Black Connect Inc, a nonprofit organization, is dedicated to addressing the pressing issue of the racial wealth gap in America. Their primary mission is to boost the number and success rate of Black-owned businesses. To accomplish this, they have implemented various initiatives. Through their annual pitch competition, FeverPitch, they have granted business funds to two tech entrepreneurs. Furthermore, Black Connect Inc has expanded its legal services program, incorporating legal webinars and offering in-person legal assistance during Business Development Day. The organization has also increased the number of professional volunteers in its business mentoring program. Additionally, they have allocated funds for an order fulfillment program to assist entrepreneurs and small business owners in purchasing inventory and fulfilling large orders. Overall, Black Connect Inc is working tirelessly to eliminate the racial wealth gap in America by supporting and empowering Black-owned businesses.
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Impact
October, 2024
Black Connect Inc significantly impacts the community by addressing the racial wealth gap in America through strategic initiatives aimed at empowering Black entrepreneurs. One of the key accomplishments includes awarding business grants to two tech entrepreneurs via their annual pitch competition, FeverPitch, which fosters innovation and growth within the Black business community.
The organization has also expanded its legal services program by increasing partnerships with law firms, enabling the provision of legal webinars and in-person assistance during Business Development Day events. This access to legal resources is critical for entrepreneurs navigating complex business landscapes.
Additionally, Black Connect Inc has successfully bolstered its business mentoring program by attracting more volunteers, enhancing the support network available to Black business owners. Furthermore, by earmarking funds for the order fulfillment program, they assist entrepreneurs in purchasing inventory and fulfilling large orders, thus promoting scalability and success for small business owners.
Overall, Black Connect Inc plays an essential role in building a more equitable economic landscape, aligning with its mission to increase the number and success rate of Black-owned businesses in America.
This information is meant to be a general summary of Black Connect 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 2022.
- Gross Receipts: $194,193
Assets and Liabilities:
- Total Assets: $176,319
- Total Liabilities: $34,600
- Net Assets: $141,719
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Organization Details
Founding Year
2019
Phone
(813) 405-5918Principal Officer
Angela Majete
Main Address
27251 Wesly Chapel Blvd, Wesley Chapel, FL, 33544
Website
www.blackconnect.org/NTEE Category
Code: S30 - Community improvement
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