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Institute For Enterprise Inc

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

EIN: 471678840 ✦ Fernandina beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Enterprise Inc?

Institute for Enterprise Inc, a nonprofit organization, is centered around entrepreneurial education and aid. Their primary goal is to offer employment training through various programs. By providing this service, they aim to empower individuals and contribute to the broader community. Based on the information, it appears that they focus on fostering entrepreneurial skills and providing the necessary assistance to put those skills into practice.

Is Institute For Enterprise Inc legitimate?

Institute For Enterprise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Enterprise 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

What is the mission statement of Institute For Enterprise Inc?

The Institute for Enterprise Inc. is dedicated to promoting entrepreneurial education and offering assistance. Their mission encompasses contributing to employment training, aiming to equip individuals with the necessary skills to establish and run their own businesses. Through their programs, they aim to foster a supportive environment for aspiring entrepreneurs, helping them navigate the challenging landscape of starting and running a business.

Who is the CEO of Institute For Enterprise Inc?

Douglas Newton is the Principal Officer of Institute For Enterprise Inc.

What is the revenue of Institute For Enterprise Inc?

Institute For Enterprise Inc's revenue in 2022 was -$32,660.

Who are the executives of Institute For Enterprise Inc and what are their salaries?


Here are 6 key members and their salaries:


John C Elwell (Vice President)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Douglas M Newton (Presideent)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Tonya N Wood (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Poynter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Watts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Institute For Enterprise Inc?

Institute For Enterprise Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Institute For Enterprise Inc

The Institute for Enterprise Inc is dedicated to providing entrepreneurial education and assistance, aiming to contribute to employment training. This organization's mission is to equip individuals with the necessary skills and resources to start and run their own businesses. By offering educational programs, the Institute for Enterprise Inc fosters an environment that encourages innovation and self-sufficiency, ultimately contributing to the employment market.

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Impact




October, 2024

The Institute for Enterprise Inc significantly impacts its community by providing entrepreneurial education and assistance, equipping individuals with the skills needed to start and sustain their own businesses. Through targeted programs, it contributes to employment training, enhancing job prospects for participants and supporting economic development in Fernandina Beach, FL. By fostering entrepreneurship, the Institute empowers individuals to create jobs not only for themselves but also for others in the community, ultimately driving growth and innovation. Its efforts help cultivate a vibrant local economy, promoting self-sufficiency and resilience among entrepreneurs.




This information is meant to be a general summary of Institute For Enterprise 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
-$32,660 (2022)
201420152016201720182019202020212022$-200k$0$200k$400k$600k
Expenses
$18,701 (2022)
201420152016201720182019202020212022$0$8,500$17,000$25,500$34,000
Efficiency
2014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: -$44,316
  • Gross Receipts: $259,812

Assets and Liabilities:

  • Total Assets: $945,213
  • Total Liabilities: $0
  • Net Assets: $945,213

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Organization Details

Founding Year

2014

Principal Officer

Douglas Newton

Main Address

PO Box 16375, Fernandina Beach, FL, 320353123

NTEE Category

Code: J22 - Employment

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