Overview
What is The Small Business Synergy Corporation?
The Small Business Synergy Corporation, located in St. Peters, Missouri (specifically at 5988 Mid Rivers Mall Drive), is a nonprofit organization dedicated to supporting the growth and development of start-up and emerging businesses in St. Charles County, Missouri. Their primary mission is to stimulate economic growth in the region by fostering the creation of jobs and wealth. They provide various facilities and resources to aid this objective, contributing positively to the local business landscape.
Official website here: www.edcscc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
The Small Business Synergy Corporation has received an overall score of 80%, which translates to a Three-Star rating. This rating is based solely on the Accountability & Finance beacon, indicating a strong emphasis on governance and financial health. Their board is fully independent, with all members meeting the criteria for independence, reflecting a commitment to ethical oversight.
Strengths include an excellent track record in areas such as financial statements, with a fully functional Audit and Oversight Committee, and a lack of material diversions of assets. The organization also adheres to best practices in governance with policies in place for conflict of interest, whistleblowing, and document retention, which contribute to their strong accountability profile.
However, the organization has room for improvement in its program expense ratio, which is at 57.19%. This suggests that while they manage their finances well, a smaller portion of their budget may be dedicated to direct program services compared to other expenses. Enhancing this ratio could strengthen their impact and overall rating.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Small Business Synergy Corporation?
86% of 11 reviewers on Facebook recommend The Small Business Synergy Corporation. Here is a summary of their reviews:
The majority of users appreciate the professional environment and well-equipped facilities provided by the nonprofit. One reviewer highlighted the convenience of having amenities such as printing, scanning, and secure access, which enhances their work experience significantly. The overall sentiment reflects satisfaction with the location and services, indicating that the nonprofit effectively meets the needs of small businesses.
Users generally feel that The Small Business Synergy Corporation is a valuable resource, with its facilities contributing positively to their operational capabilities. This demonstrates a commitment to supporting local enterprises by offering essential services in a conducive workspace.
This AI summary has been generated from reviews found on Facebook.
Is The Small Business Synergy Corporation legitimate?
The Small Business Synergy Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Small Business Synergy Corporation 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: $169,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,008
For more financial information, click here
Official website here: www.edcscc.com
What is the mission statement of The Small Business Synergy Corporation?
The Small Business Synergy Corporation's mission is centered around the development of small businesses. This organization aims to stimulate economic growth by fostering the creation of jobs and accumulation of wealth. To achieve this, they provide essential facilities and resources to start-up and emerging businesses, facilitating their growth and future development. This initiative ultimately contributes to the overall advancement of small businesses in the community.
Official website here: www.edcscc.com
Who is the CEO of The Small Business Synergy Corporation?
Scott Drachnik is the Board Member of The Small Business Synergy Corporation. The CEO's salary of The Small Business Synergy Corporation is $0 and their total compensation is $220,239.
Official website here: www.edcscc.com
What is the revenue of The Small Business Synergy Corporation?
The Small Business Synergy Corporation's revenue in 2022 was $747,119.
Official website here: www.edcscc.com
Who are the executives of The Small Business Synergy Corporation and what are their salaries?
There 30 volunteers at The Small Business Synergy Corporation.
Here are 31 key members and their salaries (The Small Business Synergy Corporation's CEO's salary is $0 and their total compensation is $220,239):
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- Related: $178,115
- Other: $42,124
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- Related: $135,029
- Other: $31,429
Official website here: www.edcscc.com
Where can I find the form 990 for The Small Business Synergy Corporation?
The Small Business Synergy Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edcscc.com
Learn more at the official website: www.edcscc.com
Mission Statement of The Small Business Synergy Corporation
The Small Business Synergy Corporation's mission lies in stimulating economic growth and fostering job creation and wealth accumulation. This nonprofit organization is dedicated to the development of small businesses, serving as a catalyst for their growth and future advancement. By providing essential facilities and resources, The Small Business Synergy Corporation aids in the establishment and expansion of start-up and emerging businesses, thereby promoting the overall development of the small business sector in its operational region.
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Impact
July, 2024
The Small Business Synergy Corporation's impact lies in the development of small businesses in St. Charles County, Missouri, with the goal of stimulating economic growth, creating jobs, and generating wealth. By providing facilities and resources to start-up and emerging businesses, the corporation facilitates growth and future development within the community. This, in turn, contributes to the overall economic prosperity of St. Charles County and helps in addressing employment needs in the area.
This information is meant to be a general summary of The Small Business Synergy Corporation. 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.
- Investment Income: $9,843
- Program Service Revenue: $737,276
- Gross Receipts: $747,119
Assets and Liabilities:
- Total Assets: $2,183,289
- Total Liabilities: $1,052,747
- Net Assets: $1,130,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$700,596
TENANT CHARGES
Revenue
$36,680
Organization Details
Founding Year
1992
Phone
(636) 441-6880Principal Officer
Scott Drachnik
Main Address
5988 MID RIVERS MALL DRIVE, ST PETERS, MO, 63304
Website
www.edcscc.comNTEE Category
Code: J22Z - Employment
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