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Alexandria Small Business Development Center

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

EIN: 541950928 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Alexandria Small Business Development Center?

The Alexandria Small Business Development Center (SBDC) is a nonprofit organization situated in Alexandria, Virginia. Their primary mission is to strengthen local small businesses and foster economic growth in the area. They achieve this by offering one-on-one counseling sessions to business owners and entrepreneurs, focusing on financial planning, marketing strategies, and growth tactics. During the 2021-2022 fiscal year, their efforts were particularly geared towards aiding small businesses recovering from the COVID-19 pandemic. In this period, the SBDC held 743 counseling sessions, assisting 416 unique clients. Their goal is to empower small businesses through management consulting, educational programs, and access to essential resources.


Official website here: www.alexandriasbdc.org

Is Alexandria Small Business Development Center legitimate?

Alexandria Small Business Development Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alexandria Small Business Development Center 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: $82,938
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,980

For more financial information, click here


Official website here: www.alexandriasbdc.org

What is the mission statement of Alexandria Small Business Development Center?

The Alexandria Small Business Development Center's mission is to strengthen small businesses and foster economic growth. They achieve this by providing management consulting, educational programs, and access to business resources. The center offers one-on-one counseling to business owners and entrepreneurs, focusing on areas such as finance, marketing, and growth strategies. In the fiscal year ending June 30, 2022, the center continued its efforts to aid in the economic recovery of small businesses affected by the COVID-19 pandemic. During this period, the center held 743 counseling sessions, assisting 416 distinct clients.


Official website here: www.alexandriasbdc.org

Who is the CEO of Alexandria Small Business Development Center?

Stephanie Landrum is the Chair of Alexandria Small Business Development Center.


Official website here: www.alexandriasbdc.org

What is the revenue of Alexandria Small Business Development Center?

Alexandria Small Business Development Center's revenue in 2022 was $571,587.


Official website here: www.alexandriasbdc.org

Who are the executives of Alexandria Small Business Development Center and what are their salaries?

There 10 volunteers at Alexandria Small Business Development Center.


Here are 11 key members and their salaries:


Amy Shields (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Landrum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Wheeler (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gniady Esq (Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gin Kinneman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Millben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Ponzi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Davalos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendel Taylor (Ex-Officio Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William C Reagan Until 0122 (Executive Director)
  • Compensation: $0
  • Related: $105,195
  • Other: $19,887


Official website here: www.alexandriasbdc.org

Where can I find the form 990 for Alexandria Small Business Development Center?

Alexandria Small Business Development Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.alexandriasbdc.org

Learn more at the official website: www.alexandriasbdc.org

Mission Statement of Alexandria Small Business Development Center

The Alexandria Small Business Development Center, in its mission, aims to bolster small businesses and foster economic growth in its respective community. It achieves this by offering management consulting, educational programs, and providing access to essential business resources. The center offers one-on-one counseling sessions to business owners and entrepreneurs, guiding them in areas such as finance, marketing, and growth strategies. In the context of economic recovery following the COVID-19 pandemic, the Alexandria Small Business Development Center focused its efforts on assisting affected small businesses. In the fiscal year ending June 30, 2022, the center held 743 counseling sessions, serving 416 distinct clients in this capacity.

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Impact




October, 2024

The Alexandria Small Business Development Center has a significant impact on the local economy by strengthening small businesses and fostering economic growth in Alexandria, VA. Through personalized one-on-one counseling, the center provides essential support to business owners and entrepreneurs in critical areas such as finance, marketing, and growth strategies. In the fiscal year ending June 30, 2022, the center conducted 743 counseling sessions, assisting 416 distinct clients, directly addressing the economic challenges posed by the COVID-19 pandemic.

By offering management consulting, educational programs, and access to vital business resources, the Alexandria Small Business Development Center effectively empowers small businesses to navigate obstacles and seize opportunities for recovery and expansion. This support not only enhances individual businesses but also contributes to the overall resilience and vitality of the Alexandria community.




This information is meant to be a general summary of Alexandria Small Business Development Center. 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
$571,587 (2022)
Expenses
$444,904 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,281
  • Gross Receipts: $571,587

Assets and Liabilities:

  • Total Assets: $696,384
  • Total Liabilities: $221,024
  • Net Assets: $475,360

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Organization Details

Founding Year

1994

Principal Officer

Stephanie Landrum

Main Address

601 PRINCE STREET, ALEXANDRIA, VA, 22314

NTEE Category

Code: S11 - Community improvement

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