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Switchboard Ventures Inc

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

EIN: 454000615 ✦ Sugar land, TX ✦ Designated as a 501(c)(3)

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Overview

What is Switchboard Ventures Inc?

Switchboard Ventures Inc is a not-for-profit organization based in Sugar Land, Texas, with a focus on aiding the poor, distressed, and underprivileged in developing countries. They offer business consulting services, providing entrepreneurs with strategic guidance and business acumen, enabling them to establish or grow businesses in these regions. The ultimate goal is to foster business creation and expansion, leading to job creation, distribution of goods, and improvement of services in these communities, thereby enhancing the individuals' dignity and the state of the targeted communities. With a team of just two individuals, Switchboard Ventures Inc operates through small business investment loans and consulting services in emerging and developing nations.


Official website here: www.switchboardventures.org

Is Switchboard Ventures Inc legitimate?

Switchboard Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Switchboard Ventures 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: $102,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.switchboardventures.org

What is the mission statement of Switchboard Ventures Inc?

Switchboard Ventures Inc is a not-for-profit organization aimed at alleviating poverty and distress among underprivileged individuals in emerging and developing countries. They accomplish this mission through small business investment loans and consulting services. The consulting services provided by Switchboard Ventures include business formation and operation advice for entrepreneurs looking to establish businesses that benefit the underprivileged in developing nations. Their consulting activities aim to equip entrepreneurs with business acumen, thereby fostering business creation and growth, resulting in job creation, distribution of goods, and enhancement of the dignity of individuals and the targeted communities.


Official website here: www.switchboardventures.org

Who is the CEO of Switchboard Ventures Inc?

Unavailable


Official website here: www.switchboardventures.org

What is the revenue of Switchboard Ventures Inc?

Switchboard Ventures Inc's revenue in 2022 was $223,403.


Official website here: www.switchboardventures.org

Who are the executives of Switchboard Ventures Inc and what are their salaries?

The average compensation at Switchboard Ventures Inc during 2022 was $51,000. There are 2 employees at Switchboard Ventures Inc.


Here are 3 key members and their salaries:


Michael Cox (President And Director)
  • Compensation: $90,000
  • Related: $0
  • Other: $37,276
Keith Troyer (Secretary Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Cardwell (Vice President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.switchboardventures.org

Where can I find the form 990 for Switchboard Ventures Inc?

Switchboard Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.switchboardventures.org

Learn more at the official website: www.switchboardventures.org

Mission Statement of Switchboard Ventures Inc

Switchboard Ventures Inc is a not-for-profit corporation committed to alleviating poverty and distress among the underprivileged, primarily in emerging and developing countries. The organization accomplishes this mission through small business investment loans and consulting services. By offering business consulting services, Switchboard Ventures aids entrepreneurs and organizations looking to establish or improve businesses that cater to the poor and underprivileged. The consulting activities provided by Switchboard Ventures serve to enhance the business acumen of these entrepreneurs, offering guidance in areas such as marketing, business development, accounting, finance, and more. The ultimate goal is to spark business creation and growth in developing nations, thereby creating jobs, distributing goods, and improving the overall dignity of individuals and the state of their communities.

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Impact




October, 2024

Switchboard Ventures Inc has a significant impact on alleviating poverty and supporting the underprivileged in emerging and developing countries. Through its small business investment loans and tailored consulting services, it empowers individuals and organizations to launch and sustain businesses that specifically benefit disadvantaged communities.

By providing expert guidance in areas such as marketing, business development, accounting, and finance, Switchboard Ventures equips aspiring entrepreneurs with the necessary skills and knowledge to succeed. This support not only encourages business creation but also drives economic growth, leading to job creation and the distribution of goods and services that enhance the dignity of individuals.

The organization's mission centers on fostering an entrepreneurial ecosystem that uplifts communities, creating opportunities for the poor and distressed to improve their own lives. The overall effect is a ripple of positive change, where enhanced business capabilities translate into stronger local economies and improved quality of life for many.




This information is meant to be a general summary of Switchboard Ventures 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.

Revenue
$223,403 (2022)
Expenses
$244,682 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $223,403

Assets and Liabilities:

  • Total Assets: $1,036,824
  • Total Liabilities: $8,546
  • Net Assets: $1,028,278

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Organization Details

Founding Year

2011

Main Address

16107 KENSINGTON DR SUITE 276, SUGAR LAND, TX, 77479

NTEE Category

Code: Q33 - International

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