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Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp

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

EIN: 471008477 ✦ Goleta, CA ✦ Designated as a 501(c)(3)

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Overview

What is Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp?

Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp is a community-focused organization situated in Goleta, California. Its mission is to stimulate local economic growth by nurturing budding science and technology entrepreneurs. The organization achieves this by organizing monthly workshops specifically designed for startups, running a Summer Accelerator program that provides funding and mentorship to UCSB-affiliated startups, and operating an incubator program to support local entrepreneurs. By offering these services, Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp plays a vital role in fostering innovation and business development within its community.


Official website here: www.goletaentrepreneurs.com/

Is Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp legitimate?

Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp submitted a form 990EZ, 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.


Official website here: www.goletaentrepreneurs.com/

What is the mission statement of Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp?

Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp is committed to fostering economic growth by offering assistance to budding science and technology entrepreneurs. It accomplishes this by hosting regular workshops designed for startups, managing a Summer Accelerator program that provides funding and mentorship to UCSB startups, and operating an incubator program that caters to local entrepreneurs. The organization's primary goal is to support and nurture the growth of new businesses in the entrepreneurial sphere.


Official website here: www.goletaentrepreneurs.com/

Who is the CEO of Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp?

Jaime Valdez is the Treasurer of Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp.


Official website here: www.goletaentrepreneurs.com/

What is the revenue of Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp?

Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp's revenue in 2022 was $0.


Official website here: www.goletaentrepreneurs.com/

Who are the executives of Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp and what are their salaries?


Here are 7 key members and their salaries:


Kyle Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Adornetto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Valdez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Kintz (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Cotter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tal Margalith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanna Dawson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goletaentrepreneurs.com/

Where can I find the form 990EZ for Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp?

Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.goletaentrepreneurs.com/

Learn more at the official website: www.goletaentrepreneurs.com/

Mission Statement of Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp

Goleta Entrepreneurial Magnet, a non-profit public benefit corporation, is dedicated to fostering the growth of the local economy. It accomplishes this mission by offering support to emerging science and technology entrepreneurs. The organization conducts regular workshops specifically designed for startups, providing them with valuable insights and resources. Furthermore, Goleta Entrepreneurial Magnet runs a Summer Accelerator program, offering funding and mentorship to UCSB startups. Additionally, the corporation operates an incubator program, offering assistance to local entrepreneurs, helping them navigate the challenges of starting and growing a business. By providing these resources, Goleta Entrepreneurial Magnet aims to contribute to the economic development of the community, fostering a thriving environment for innovation and entrepreneurship.

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Impact




October, 2024

Goleta Entrepreneurial Magnet has a significant impact on the local economy by fostering innovation and entrepreneurship in the science and technology sectors. Through a diverse array of programs, it provides essential resources and guidance to new and emerging entrepreneurs.

The organization conducts monthly workshops specifically designed for startups, facilitating knowledge sharing and skill development crucial for navigating the challenges of launching a business. Additionally, its Summer Accelerator program is instrumental in providing funding and mentorship to entrepreneurs from UC Santa Barbara, ensuring that fresh ideas and talent receive the necessary support to thrive.

The incubator program further enhances the local ecosystem by offering tailored assistance to local entrepreneurs, helping them refine their business models and connect with valuable networks. By nurturing these startups, Goleta Entrepreneurial Magnet plays a pivotal role in creating jobs, stimulating economic growth, and fostering a culture of innovation within the community. Overall, its efforts contribute to a vibrant entrepreneurial landscape that supports the region's economic development and sustainability.




This information is meant to be a general summary of Goleta Entrepreneurial Magnet A Ca Non-Profit Public Benefitcorp. 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
$0 (2022)
Expenses
$38,560 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $181,469
    • Total Liabilities: $0
    • Net Assets: $181,469

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    Organization Details

    Principal Officer

    Jaime Valdez

    Main Address

    130 CREMONA DR B, GOLETA, CA, 93117

    NTEE Category

    Code: S31 - Community improvement

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