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Southern Middle Tennessee Entrepreneur Center Inc

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

EIN: 454356601 ✦ Tullahoma, TN ✦ Designated as a 501(c)(3)

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Overview

What is Southern Middle Tennessee Entrepreneur Center Inc?

Southern Middle Tennessee Entrepreneur Center Inc, based in Tullahoma, Tennessee, is a nonprofit organization that focuses on supporting entrepreneurs. They offer a range of services, including mentoring, education, and training, strategic and technical assistance, and help in identifying potential sources of capital. These programs are designed to empower entrepreneurs and foster their growth. The center's mission is to provide a comprehensive suite of resources to help entrepreneurs navigate the challenges of starting and growing a business.


Official website here: www.smtec.com

Is Southern Middle Tennessee Entrepreneur Center Inc legitimate?

Southern Middle Tennessee Entrepreneur Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Middle Tennessee Entrepreneur Center 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

For more financial information, click here


Official website here: www.smtec.com

What is the mission statement of Southern Middle Tennessee Entrepreneur Center Inc?

The Southern Middle Tennessee Entrepreneur Center Inc is dedicated to supporting entrepreneurs by providing mentoring, education, and training, as well as strategic and technical assistance. This organization also helps entrepreneurs identify potential sources of capital through various programs. In essence, their mission is to empower aspiring business owners by offering guidance, knowledge, and resources needed for their ventures to thrive. They achieve this through seminars and direct interaction with entrepreneurs.


Official website here: www.smtec.com

Who is the CEO of Southern Middle Tennessee Entrepreneur Center Inc?

Jerry Wright is the Board Of Dir of Southern Middle Tennessee Entrepreneur Center Inc.


Official website here: www.smtec.com

What is the revenue of Southern Middle Tennessee Entrepreneur Center Inc?

Southern Middle Tennessee Entrepreneur Center Inc's revenue in 2021 was -$217,900.


Official website here: www.smtec.com

Who are the executives of Southern Middle Tennessee Entrepreneur Center Inc and what are their salaries?


Here are 11 key members and their salaries:


Tom Brewer (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Brown (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Kinkel (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Knowis (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Manning (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Marcum (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Mckeel (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Morgan (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Gary D Rawlings (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Ward (Board Of Dir)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Wright (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.smtec.com

Where can I find the form 990 for Southern Middle Tennessee Entrepreneur Center Inc?

Southern Middle Tennessee Entrepreneur Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.smtec.com

Learn more at the official website: www.smtec.com

Mission Statement of Southern Middle Tennessee Entrepreneur Center Inc

Southern Middle Tennessee Entrepreneur Center Inc, often referred to as SMTEC, is dedicated to supporting entrepreneurs. This nonprofit organization provides a range of services to aid in the development and growth of budding business owners. At the core of its mission, SMTEC offers mentoring, education, and training to equip entrepreneurs with the necessary skills and knowledge. Additionally, it offers strategic and technical support to guide them through the complexities of starting and running a business. Recognizing the importance of securing capital, SMTEC assists entrepreneurs in identifying potential sources of funding through various programs. By offering these comprehensive services, SMTEC empowers entrepreneurs to turn their ideas into successful ventures.

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Impact




October, 2024

Southern Middle Tennessee Entrepreneur Center Inc significantly impacts the entrepreneurial landscape by empowering local entrepreneurs through a comprehensive array of resources. By providing mentoring, education, and training, it helps individuals develop essential skills and knowledge necessary for business success.

The center offers strategic and technical support tailored to the unique challenges entrepreneurs face, ensuring they are well-equipped to navigate the complexities of starting and running a business. Additionally, SMTEC plays a crucial role in helping entrepreneurs identify and access various sources of capital, which is often a major hurdle for startups.

Through seminars and direct contact, the organization fosters a supportive community that encourages collaboration and innovation among local business owners, ultimately contributing to the economic growth and vitality of Tullahoma and the surrounding region.




This information is meant to be a general summary of Southern Middle Tennessee Entrepreneur Center 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
-$217,900 (2021)
Expenses
$32,166 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: -$238,900
  • Program Service Revenue: $16,000
  • Gross Receipts: $117,100

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $40,000
  • Net Assets: -$40,000

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Programs

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

INVESTMENT RENTAL INCOME

Revenue

$16,000

Organization Details

Founding Year

2012

Principal Officer

Jerry Wright

Main Address

P O BOX 578, TULLAHOMA, TN, 37388

NTEE Category

Code: B99 - Education

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