Overview
What is Fund Good Jobs Inc?
Fund Good Jobs Inc, headquartered in Oakland, California, is a nonprofit organization dedicated to supporting and growing small businesses in the San Francisco Bay Area. Their mission involves providing mentorship, connections, and financial investments to bridge the racial and gender wealth gaps. As of November 17, 2020, they merged with a related entity, Inner City Advisors (ICA), which had served 89 small businesses through education offerings and offered 231 hours of advising. Fund Good Jobs Inc, now designated as the surviving entity, has also deployed 30 rapid response emergency loans to small businesses within the city.
Official website here: www.ica.fund
Is Fund Good Jobs Inc legitimate?
Fund Good Jobs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund Good Jobs 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ica.fund
What is the mission statement of Fund Good Jobs Inc?
Fund Good Jobs Inc, through its mission statement, aims to accelerate the growth of businesses by providing mentorship and investments. The organization's primary goal is to bridge the racial and gender wealth gaps. They achieve this by making equity investments and offering support to their portfolio companies. Additionally, Fund Good Jobs Inc has deployed emergency loans to small businesses through a related entity, Inner City Advisors, which has served 89 small businesses through education offerings and provided 231 hours of advising hours. Following a merger effective November 17, 2020, Inner City Advisors and Fund Good Jobs Inc have merged into one organization, with Inner City Advisors continuing as the surviving entity.
Official website here: www.ica.fund
Who is the CEO of Fund Good Jobs Inc?
Allison Kelly is the Ceo of Fund Good Jobs Inc. The CEO's salary of Fund Good Jobs Inc is $42,000 and their total compensation is $192,462.
Official website here: www.ica.fund
What is the revenue of Fund Good Jobs Inc?
Fund Good Jobs Inc's revenue in 2020 was $73,869.
Official website here: www.ica.fund
Who are the executives of Fund Good Jobs Inc and what are their salaries?
There 54 volunteers at Fund Good Jobs Inc.
Here are 16 key members and their salaries (Fund Good Jobs Inc's CEO's salary is $42,000 and their total compensation is $192,462):
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- Compensation: $42,000
- Related: $144,667
- Other: $5,795
- Compensation: $29,290
- Related: $100,888
- Other: $9,862
- Compensation: $28,593
- Related: $98,486
- Other: $13,919
- Compensation: $26,236
- Related: $90,370
- Other: $9,872
Official website here: www.ica.fund
Where can I find the form 990 for Fund Good Jobs Inc?
Fund Good Jobs Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.ica.fund
Learn more at the official website: www.ica.fund
Mission Statement of Fund Good Jobs Inc
Fund Good Jobs Inc, a renowned organization, is dedicated to accelerating the growth of businesses in the San Francisco Bay Area. With a mission to close the racial and gender wealth gaps, Fund Good Jobs Inc employs mentorship and investments as its primary tools. The nonprofit aims to uplift great businesses, fostering their development and ensuring their long-term success. By providing coaching, connections, and capital, Fund Good Jobs Inc contributes to the economic prosperity of the businesses it supports.
Beyond financial assistance, Fund Good Jobs Inc also extends its reach to small businesses through its related entity, Inner City Advisors (ICA). ICA serves 89 small businesses through educational offerings and offers 231 hours of advising to small businesses. This integrated approach allows Fund Good Jobs Inc to holistically support the growth and success of the businesses it serves.
In summary, Fund Good Jobs Inc is a mission-driven organization that leverages mentorship and investments to foster the growth of businesses in the San Francisco Bay Area. By addressing the racial and gender wealth gaps, Fund Good Jobs Inc plays a crucial role in promoting economic equality and fostering a more inclusive and prosperous business environment.
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Impact
October, 2024
Fund Good Jobs Inc has made a significant impact in the San Francisco Bay Area by providing valuable resources to businesses that focus on closing racial and gender wealth gaps. Through targeted coaching, connections, and capital, the organization has implemented three new equity investments and supported three portfolio companies. Additionally, it has deployed 30 emergency loans through its Rapid Response Liquidity Fund to assist small businesses during challenging times.
The partnership with Inner City Advisors (ICA), which has now merged into Fund Good Jobs Inc, has further expanded its reach by serving 89 small businesses through educational offerings, alongside providing 231 hours of advising. By accelerating business growth through mentorship and investment, Fund Good Jobs Inc plays a crucial role in fostering community improvement and economic stability in the region.
This information is meant to be a general summary of Fund Good Jobs 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $40,952
- Gross Receipts: $73,869
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED INVEST
Revenue
$40,952
Organization Details
Founding Year
2013
Phone
(510) 271-0142Principal Officer
Allison Kelly
Main Address
1714 FRANKLIN STREET 100-174, OAKLAND, CA, 94612
Website
www.ica.fundNTEE Category
Code: S31 - Community improvement
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