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The Society Of Entrepreneurs Inc

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

EIN: 621626301 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Society Of Entrepreneurs Inc?

The Society of Entrepreneurs Inc, based in Memphis, Tennessee, is a nonprofit organization dedicated to fostering the entrepreneurial spirit. Through various community programs, it seeks to recognize and encourage entrepreneurial efforts in business and the community. The organization accomplishes this by conducting educational seminars, establishing relationships with business leaders, and entrepreneurs. Additionally, it maintains a mentoring group that supports 13 businesses. Furthermore, the Society of Entrepreneurs engages the public through museum exhibits, meetings, and conventions. To share knowledge and insights, it launched a podcast, Entrepreneurial Insights, which attracted over 1,415 listeners in 12 episodes. With a small workforce of one, the organization strives to promote the welfare of the community and further education in Tennessee.


Official website here: www.soememphis.com

Is The Society Of Entrepreneurs Inc legitimate?

The Society Of Entrepreneurs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Society Of Entrepreneurs 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: $98,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.soememphis.com

What is the mission statement of The Society Of Entrepreneurs Inc?

The Society of Entrepreneurs Inc was established with a primary goal to educate the public about entrepreneurship. They achieve this through various means such as museum exhibits, meetings, and conventions. The organization's mission extends beyond education, as it was also founded to promote the entrepreneurial spirit and recognize the significant contributions of entrepreneurs to business and the community. The Society of Entrepreneurs Inc aims to promote the general welfare of the community, advance the public good, and further education through the creation, development, and implementation of various community programs. These programs recognize and encourage the efforts of entrepreneurs in both the local, national, and international business and community sphere.


Official website here: www.soememphis.com

What is the revenue of The Society Of Entrepreneurs Inc?

The Society Of Entrepreneurs Inc's revenue in 2023 was $92,630.


Official website here: www.soememphis.com

Who are the executives of The Society Of Entrepreneurs Inc and what are their salaries?

The average compensation at The Society Of Entrepreneurs Inc during 2023 was $98,000. There is 1 employee and 17 volunteers at The Society Of Entrepreneurs Inc.

Here are 17 key members and their salaries:


Ron Coleman (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walker S Uhlhorn (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Andrews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bird (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Blockman Carrier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Stephenson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Myers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilliard Crews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Dodson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Stewart (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edith Kelly-Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Lawler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mary Mcdonald (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Ritchey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Marchant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Webb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pearson Crutcher (Executive Director)
  • Compensation: $98,000
  • Related: $0
  • Other: $0


Official website here: www.soememphis.com

Where can I find the form 990 for The Society Of Entrepreneurs Inc?

The Society Of Entrepreneurs Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.soememphis.com

Learn more at the official website: www.soememphis.com

Mission Statement of The Society Of Entrepreneurs Inc

The Society of Entrepreneurs Inc was established with a mission to enlighten the general public about entrepreneurship. They achieve this through various means such as museum exhibits, meetings, and conventions. The organization's primary objective is to foster the development of the entrepreneurial spirit and recognize the significant contributions of entrepreneurs to business and the community. The Society of Entrepreneurs Inc is dedicated to promoting the well-being of the community, furthering the public good, and supporting education in Tennessee. To accomplish this, they develop and implement various community programs that recognize and encourage the efforts of entrepreneurs in both local, national, and international settings.

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Impact




October, 2024

The Society of Entrepreneurs Inc significantly impacts the community by fostering the entrepreneurial spirit and establishing strong connections among business leaders. Through educational initiatives like museum exhibits, meetings, and conventions, it raises public awareness about the importance of entrepreneurship.

Their programs facilitate vital networking opportunities, exemplified by mentoring groups that supported 13 businesses and the engagement of 407 participants in various roundtable events. Additionally, the “Entrepreneurial Insights” podcast has connected with over 1,415 listeners, emphasizing shared knowledge and experiences.

By promoting the contributions of entrepreneurs, The Society enhances the overall welfare of the community, encouraging innovation and a vibrant business ecosystem in Memphis, Tennessee. Their commitment to education and community programs not only supports local entrepreneurial efforts but also contributes to the broader economic landscape, creating a foundation for future growth and opportunity.




This information is meant to be a general summary of The Society Of Entrepreneurs 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
$92,630 (2023)
Expenses
$178,715 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,546
  • Program Service Revenue: $8,457
  • Gross Receipts: $186,856

Assets and Liabilities:

  • Total Assets: $435,871
  • Total Liabilities: $4,548
  • Net Assets: $431,323

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MENTORING GROUP

Revenue

$4,600

ROUND TABLE

Revenue

$3,857

Organization Details

Founding Year

1991

Principal Officer

Pearson Crutcher

NTEE Category

Code: S40 - Community improvement

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