Overview
What is The Center For Strategic Economic Studies And Institutional Development?
The Center for Strategic Economic Studies and Institutional Development, commonly referred to as TCbL, is a nonprofit organization situated in Los Angeles, California. Their primary role involves providing direct consulting and advisory services to diverse small businesses, assisting them in gaining access to credit and capital, boosting revenue, retaining or expanding their workforce, and strengthening their communities' wealth. TCbL acts as a convenor for mission-driven lenders, business development organizations, and other Community Development Financial Institutions (CDFIs) to facilitate the distribution of recovery resources on a national scale. Their mission is to bridge the racial wealth gap by nurturing small businesses and the communities they serve. With a team of eight dedicated individuals, TCbL is committed to empowering businesses and promoting sustainable growth in their communities.
Official website here: www.thecenterbylendistry.org
Is The Center For Strategic Economic Studies And Institutional Development legitimate?
The Center For Strategic Economic Studies And Institutional Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For Strategic Economic Studies And Institutional Development 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: $789,394
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Official website here: www.thecenterbylendistry.org
What is the mission statement of The Center For Strategic Economic Studies And Institutional Development?
The Center for Strategic Economic Studies and Institutional Development, a nonprofit organization affiliated with Lendistry, is dedicated to supporting diverse small businesses. Their mission is multifaceted, aiming to bridge the racial wealth gap and strengthen the communities where these businesses operate. They accomplish this through providing educational resources, technical assistance, and access to competitive financing. The organization's activities also include offering direct consulting services to help small businesses secure credit, boost revenues, retain or grow jobs, and build wealth within their communities. Moreover, The Center serves as a regional hub, bringing together various mission-driven lenders, business development organizations, and Community Development Financial Institutions (CDFIs) to distribute recovery resources on a national scale.
Official website here: www.thecenterbylendistry.org
Who is the CEO of The Center For Strategic Economic Studies And Institutional Development?
Tunua Thrash-Ntuk is the CEO of The Center For Strategic Economic Studies And Institutional Development The CEO's salary of The Center For Strategic Economic Studies And Institutional Development is $0 and their total compensation is $0.
Official website here: www.thecenterbylendistry.org
What is the revenue of The Center For Strategic Economic Studies And Institutional Development?
The Center For Strategic Economic Studies And Institutional Development's revenue in 2023 was $3,473,182.
Official website here: www.thecenterbylendistry.org
Who are the executives of The Center For Strategic Economic Studies And Institutional Development and what are their salaries?
The average compensation at The Center For Strategic Economic Studies And Institutional Development during 2023 was $92,589. There 6 volunteers at The Center For Strategic Economic Studies And Institutional Development.
Here are 7 key members and their salaries (The Center For Strategic Economic Studies And Institutional Development's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.thecenterbylendistry.org
Where can I find the form 990 for The Center For Strategic Economic Studies And Institutional Development?
The Center For Strategic Economic Studies And Institutional Development's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thecenterbylendistry.org
Learn more at the official website: www.thecenterbylendistry.org
Mission Statement of The Center For Strategic Economic Studies And Institutional Development
The Center for Strategic Economic Studies and Institutional Development, often referred to as TCbL, is a nonprofit organization with a mission to support diverse small businesses. Its primary objective is to close the racial wealth gap by bolstering these businesses and the communities they operate in. TCbL achieves this mission through three key methods: education, technical assistance, and providing access to competitive financing. By offering direct consulting and advising services, TCbL ensures that these small businesses can secure credit and capital, increase their revenue, retain or grow their workforce, and ultimately build wealth in their communities. Additionally, TCbL serves as a regional connector, bringing together various mission-driven lenders, business development organizations, and other Community Development Financial Institutions (CDFIs) to deploy recovery resources on a national scale.
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Impact
October, 2024
The Center For Strategic Economic Studies And Institutional Development plays a vital role in supporting diverse small businesses, particularly in fostering economic growth and reducing the racial wealth gap. By providing direct consulting and advisory services, the organization ensures that these businesses can access the necessary credit and capital, which is essential for increasing revenue and creating jobs.
Additionally, TCbL acts as a key regional convenor, bringing together mission-driven lenders, business development organizations, and other community development financial institutions (CDFIs). This collaborative approach helps streamline the deployment of recovery resources across the nation, enhancing the capacity of small businesses to thrive in their communities.
Through education and technical assistance, the Center not only empowers entrepreneurs but also fosters an environment where local economies can flourish, ultimately contributing to community improvement and sustainable economic development. This multi-faceted impact supports the overarching mission of bridging the racial wealth gap and anchoring small businesses within their respective neighborhoods.
This information is meant to be a general summary of The Center For Strategic Economic Studies And Institutional Development. 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 2023.
- Program Service Revenue: $492,886
- Gross Receipts: $3,473,182
Assets and Liabilities:
- Total Assets: $543,226
- Total Liabilities: $548,096
- Net Assets: -$4,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Fees
Revenue
$492,886
Organization Details
Founding Year
2015
Principal Officer
Tunua Thrash-Ntuk
Website
www.thecenterbylendistry.orgNTEE Category
Code: S99 - Community improvement
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