Overview
What is Queen City Angels?
Queen City Angels is a nonprofit organization located in Norwood, Ohio, with a focus on fostering a thriving entrepreneurial ecosystem in Greater Cincinnati, Ohio, and beyond. Their mission involves supporting innovative start-ups and emerging businesses, educating regional business communities on how to assist such companies, facilitating investments, and serving as a platform for the exchange of ideas, business practices, and information among local emerging start-ups and businesses. The organization has successfully mentored over 300 entrepreneurs, helping them refine their business models, assess market feasibility, and identify success factors. With a small team of two employees, Queen City Angels plays a significant role in nurturing the entrepreneurial spirit in the region.
Official website here: www.qca.com
Is Queen City Angels legitimate?
Queen City Angels is a legitimate nonprofit organization registered as a 501(c)(6) entity. Queen City Angels 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: $110,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,285
For more financial information, click here
Official website here: www.qca.com
What is the mission statement of Queen City Angels?
Queen City Angels is established with the aim of fostering a thriving entrepreneurial environment, particularly for innovative start-ups and emerging businesses. The corporation educates regional business communities about opportunities to support these companies. It also facilitates investments in businesses and serves as a platform for the exchange of ideas, business practices, and other information among emerging start-ups and companies. Queen City Angels' activities are aligned with the non-profit corporation laws of Ohio, aimed at sustaining the entrepreneurial sector and promoting growth.
Official website here: www.qca.com
Who is the CEO of Queen City Angels?
Scott Jacobs is the Director of Queen City Angels.
Official website here: www.qca.com
What is the revenue of Queen City Angels?
Queen City Angels's revenue in 2022 was $332,660.
Official website here: www.qca.com
Who are the executives of Queen City Angels and what are their salaries?
The average compensation at Queen City Angels during 2022 was $95,464. There are 2 employees and 80 volunteers at Queen City Angels.
Here are 6 key members and their salaries:
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- Compensation: $117,791
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Official website here: www.qca.com
Where can I find the form 990 for Queen City Angels?
Queen City Angels's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.qca.com
Learn more at the official website: www.qca.com
Mission Statement of Queen City Angels
Queen City Angels, a non-profit organization, is dedicated to fostering a thriving entrepreneurial ecosystem in Greater Cincinnati, Ohio, and beyond. The organization's mission is twofold. Firstly, it aims to support innovative start-ups and emerging businesses by providing them with necessary resources and opportunities. This includes educating the regional business communities on how they can contribute to these companies' success.
Secondly, Queen City Angels facilitates investing in businesses and serves as a platform for the exchange of ideas, business practices, and other relevant information among these start-ups and emerging companies. The organization's activities are designed to promote and sustain this vibrant entrepreneurial sector, ultimately contributing to the economic growth and development of the region. Queen City Angels operates within the guidelines of the non-profit corporation laws of Ohio, ensuring that all its activities are consistent with and ancillary to its stated purposes.
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Impact
October, 2024
Queen City Angels plays a significant role in fostering a vibrant entrepreneurial ecosystem in the Greater Cincinnati area and beyond. By focusing on innovative start-ups and emerging businesses, the organization actively builds a supportive environment that encourages entrepreneurial growth.
One key impact of Queen City Angels is its commitment to education and mentorship, having coached over 300 entrepreneurs through specific business models, market feasibility, and essential success factors. This hands-on guidance helps nascent companies navigate challenges and enhances their potential for success.
Moreover, it facilitates investment opportunities for businesses, creating pathways for financial support that are crucial for growth and sustainability. The organization also serves as a valuable forum for the dissemination of ideas and best practices, fostering collaboration and knowledge-sharing among regional entrepreneurs.
By addressing both the educational and financial aspects of business development, Queen City Angels strengthens the local economy and helps create a robust network of support for aspiring and established businesses alike.
This information is meant to be a general summary of Queen City Angels. 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.
- Program Service Revenue: $254,127
- Gross Receipts: $332,660
Assets and Liabilities:
- Total Assets: $41,630
- Total Liabilities: $14,727
- Net Assets: $26,903
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$254,127
Organization Details
Founding Year
2014
Phone
(513) 373-6972Principal Officer
Scott Jacobs
Main Address
1775 MENTOR AVENUE 203, NORWOOD, OH, 45212
Website
www.qca.comNTEE Category
Code: S40 - Community improvement
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