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North Shore Business Enterprise Cen

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

EIN: 411814231 ✦ Two harbors, MN ✦ Designated as a 501(c)(3)

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Overview

What is North Shore Business Enterprise Cen?

North Shore Business Enterprise Center is a nonprofit organization situated in Two Harbors, Minnesota, focusing on urban and community economic development. Their primary mission is to improve the local economic environment by providing an incubation center for small businesses. This center serves as a nurturing ground for fledgling enterprises, thereby contributing to the area's overall economic growth.

Is North Shore Business Enterprise Cen legitimate?

North Shore Business Enterprise Cen is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Shore Business Enterprise Cen 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

What is the mission statement of North Shore Business Enterprise Cen?

The North Shore Business Enterprise Center's mission is to improve the economic climate of its respective area. This is achieved through various programs, with a significant focus on supporting the growth of small businesses. As an organization specializing in urban and community economic development, it operates with the objective of fostering a conducive economic environment.

Who is the CEO of North Shore Business Enterprise Cen?

Rose Amesbury is the Chairperson of North Shore Business Enterprise Cen.

What is the revenue of North Shore Business Enterprise Cen?

North Shore Business Enterprise Cen's revenue in 2022 was $104,328.

Who are the executives of North Shore Business Enterprise Cen and what are their salaries?


Here are 6 key members and their salaries:


Rose Amesbury (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Cavallin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Mcdannold (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Moen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Scheidt (Vice-Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Willert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for North Shore Business Enterprise Cen?

North Shore Business Enterprise Cen's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of North Shore Business Enterprise Cen

North Shore Business Enterprise Center, a nonprofit organization, is dedicated to improving the economic climate of its area. It achieves this mission by operating an incubation center for small businesses. This urban and community economic development organization is committed to fostering growth and development within its community. By providing a nurturing environment for small businesses, North Shore Business Enterprise Center contributes to the overall economic health of the area, promoting entrepreneurship and job creation.

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Impact




October, 2024

North Shore Business Enterprise Center significantly enhances the economic climate of the Two Harbors area through its various initiatives, including an incubation center specifically designed for small businesses. By fostering entrepreneurship and supporting local enterprises, the center plays a crucial role in stimulating economic growth and community improvement. Through its programs, it creates opportunities for new business development, which in turn can lead to job creation and a more vibrant local economy. The center's focus on urban and community economic development aligns with its mission to empower small businesses, ultimately benefiting the entire region.




This information is meant to be a general summary of North Shore Business Enterprise Cen. 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
$104,328 (2022)
Expenses
$153,528 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $531
  • Program Service Revenue: $103,797
  • Gross Receipts: $104,328

Assets and Liabilities:

  • Total Assets: $776,130
  • Total Liabilities: $0
  • Net Assets: $776,130

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$103,797

Organization Details

Founding Year

1955

Principal Officer

Rose Amesbury

Main Address

PO BOX 248, TWO HARBORS, MN, 55616

NTEE Category

Code: S20 - Community improvement

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