Mentor Economic Assistance Corp

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

EIN: 341424682 ✦ Mentor, OH ✦ Designated as a 501(c)(4)

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Overview

What is Mentor Economic Assistance Corp?

Mentor Economic Assistance Corp is a nonprofit organization situated in Mentor, Ohio, specifically at 8500 Civic Center Blvd. Their primary objective is to foster employment opportunities within the community, extending aid to both individuals and small businesses. They actively work towards promoting employment and business growth, contributing positively to the local economy.


Official website here: www.meaco.us

Is Mentor Economic Assistance Corp legitimate?

Mentor Economic Assistance Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mentor Economic Assistance Corp 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

For more financial information, click here


Official website here: www.meaco.us

What is the mission statement of Mentor Economic Assistance Corp?

Mentor Economic Assistance Corp's mission is centered around assisting and promoting employment opportunities within the community. This encompasses individuals and small businesses alike. Their primary objective is to foster a conducive environment for employment growth, thereby contributing to the community's economic development. They strive to provide necessary resources and support to facilitate this process, ultimately aiming to bolster the local workforce and small businesses.


Official website here: www.meaco.us

Who is the CEO of Mentor Economic Assistance Corp?

Kelly Conrad is the President of Mentor Economic Assistance Corp.


Official website here: www.meaco.us

What is the revenue of Mentor Economic Assistance Corp?

Mentor Economic Assistance Corp's revenue in 2022 was $36,305.


Official website here: www.meaco.us

Who are the executives of Mentor Economic Assistance Corp and what are their salaries?


Here are 10 key members and their salaries:


Mark Fosnaught (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Young Iv (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Albert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Bell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathon Ruple (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Filipiak (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Gray (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Strickland (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Singer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Burden-Lindner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.meaco.us

Where can I find the form 990 for Mentor Economic Assistance Corp?

Mentor Economic Assistance Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.meaco.us

Learn more at the official website: www.meaco.us

Mission Statement of Mentor Economic Assistance Corp

Mentor Economic Assistance Corp is dedicated to aiding and fostering employment opportunities for individuals and small businesses within the community. Their primary objective is to promote employment growth, contributing positively to the local workforce and entrepreneurial landscape. By offering assistance and support, this nonprofit organization seeks to empower both individuals and small businesses, thereby driving economic development and enhancing the community's overall prosperity.

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Impact




October, 2024

Mentor Economic Assistance Corp plays a crucial role in enhancing the employment landscape within the community. By providing support and resources, it empowers individuals to secure jobs and assists small businesses in thriving. The organization focuses on fostering economic growth by bridging the gap between job seekers and local employers, ensuring that the workforce is well-equipped to meet the demands of the job market.

Through various initiatives, Mentor Economic Assistance Corp helps individuals develop skills and facilitates connections with potential employers, creating a more vibrant and resilient community. Small businesses also benefit from its services, receiving guidance and tools necessary for their growth and sustainability. This dual focus on individual and business support cultivates a stronger economy, ultimately leading to improved livelihoods and increased stability in Mentor, OH.




This information is meant to be a general summary of Mentor Economic Assistance Corp. 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
$36,305 (2022)
Expenses
$44,559 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,371
  • Program Service Revenue: $29,602
  • Gross Receipts: $36,305

Assets and Liabilities:

  • Total Assets: $543,581
  • Total Liabilities: $0
  • Net Assets: $543,581

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Programs

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

FEES AND SERVICE REVEN

Revenue

$26,856

CDC FUNDING FEE

Revenue

$1,877

LOAN SERVICE FEE

Revenue

$615

REIMBURSEMENT

Revenue

$206

CDC FEE

Revenue

$48

Organization Details

Founding Year

1982

Principal Officer

Kelly Conrad

Main Address

8500 CIVIC CENTER BLVD, MENTOR, OH, 44060

NTEE Category

Code: J30 - Employment

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