Overview
What is Chico Economic Planning Corporation Chicostart?
Chico Economic Planning Corporation Chicostart, based in Chico, California, is a nonprofit organization situated at 411 Main St Ste 101. Their primary objective is to support and enrich Northern California's entrepreneurial ecosystem, providing startups with the necessary resources to thrive. This includes fostering innovation-based business development, offering workspace, computers, and auxiliary services. They organize an annual conference that connects local startups and entrepreneurial students with mentors, financial resources, private investors, and knowledge bases, contributing to their overall success.
Official website here: www.chicostart.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars (43%)
Chico Economic Planning Corporation Chicostart has received a low rating of 43%, resulting in a Zero-Star out of Four Stars designation from Charity Navigator. This rating is solely based on the Accountability & Finance beacon, which highlights significant weaknesses in financial management and transparency. While the organization does have a fully independent board, it has notable deficiencies in key areas such as conflict of interest and whistleblower policies, both of which are missing.
The organization demonstrates some positive attributes, including a high score for having independent board members and no material diversion of assets. However, financial concerns significantly impact its overall score, with a liabilities to assets ratio of 95.11%, indicating potential financial instability. Additionally, while some operational documents are available, the absence of critical policies undermines confidence in its governance practices.
In summary, while Chico Economic Planning Corporation Chicostart has strengths in board independence and asset management, its lack of essential policies and concerning financial ratios contribute to its low rating. Potential donors and stakeholders should carefully consider these factors when assessing the organization's credibility and reliability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Chico Economic Planning Corporation Chicostart?
96% of reviewers on Facebook recommend Chico Economic Planning Corporation Chicostart. Here is a summary of their reviews:
Reviewers express a positive experience with the organization, highlighting the quality of office space it provides for startups. Many have praised the supportive atmosphere and the availability of mentors who assist entrepreneurs in their early stages. This encouragement seems to resonate strongly with those looking to launch their ventures.
Overall, the nonprofit appears to be effective in delivering the resources and guidance necessary for startup success, creating a welcoming environment for new business owners to thrive. The consensus is that aspiring entrepreneurs should take advantage of the opportunities offered by Chico Economic Planning Corporation Chicostart.
This AI summary has been generated from reviews found on Facebook.
Is Chico Economic Planning Corporation Chicostart legitimate?
Chico Economic Planning Corporation Chicostart is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chico Economic Planning Corporation Chicostart 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: $102,003
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,539
For more financial information, click here
Official website here: www.chicostart.com
What is the mission statement of Chico Economic Planning Corporation Chicostart?
The mission of Chico Economic Planning Corporation Chicostart is to support and enhance the entrepreneurial ecosystem in Northern California. They accomplish this by providing startups with essential resources, including workspace, computers, and auxiliary services. Their primary objective is to help these emerging businesses thrive and succeed. Chicostart achieves this through an annual conference, which connects local startups and entrepreneurial students with mentors, financial resources, private investors, and knowledge bases. This event serves as a platform for fostering growth and development within the startup community.
Official website here: www.chicostart.com
Who is the CEO of Chico Economic Planning Corporation Chicostart?
Eva Shepherd is the Executive Director of Chico Economic Planning Corporation Chicostart.
Official website here: www.chicostart.com
What is the revenue of Chico Economic Planning Corporation Chicostart?
Chico Economic Planning Corporation Chicostart's revenue in 2022 was $511,785.
Official website here: www.chicostart.com
Who are the executives of Chico Economic Planning Corporation Chicostart and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $102,003
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chicostart.com
Where can I find the form 990 for Chico Economic Planning Corporation Chicostart?
Chico Economic Planning Corporation Chicostart's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chicostart.com
Learn more at the official website: www.chicostart.com
Mission Statement of Chico Economic Planning Corporation Chicostart
Chico Economic Planning Corporation Chicostart's mission is centered around promoting and strengthening Northern California's entrepreneurial ecosystem. This nonprofit organization strives to provide the necessary resources for startups to thrive. They accomplish this by offering workspace, computers, and auxiliary services. In essence, Chico Economic Planning Corporation Chicostart serves as a facilitator, connecting local startups and entrepreneurial students with valuable resources such as mentors, financial support, private investors, and knowledge bases. This annual conference they host plays a significant role in furthering this mission, fostering a supportive environment for innovation-driven businesses to succeed.
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Impact
July, 2024
Chico Economic Planning Corporation Chicostart has made a significant impact by fostering innovation-based business development in Northern California. It provides resources to startups such as workspace, computers, and auxiliary services to support their growth. Additionally, the organization organizes an annual conference connecting local startups and entrepreneurial students with mentors, financial resources, private investors, and knowledge bases. By supporting and enriching the entrepreneurial ecosystem in Chico, CA, Chicostart is helping startups access the resources they need to succeed.
This information is meant to be a general summary of Chico Economic Planning Corporation Chicostart. 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 2022.
- Program Service Revenue: $53,096
- Gross Receipts: $511,785
Assets and Liabilities:
- Total Assets: $145,927
- Total Liabilities: $109,052
- Net Assets: $36,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Cybercamp
Revenue
$48,096
Organization Details
Founding Year
1985
Phone
(530) 924-5100Principal Officer
Eva Shepherd
Main Address
411 Main St Ste 101, Chico, CA, 95928
Website
www.chicostart.comNTEE Category
Code: S31Z - Community improvement
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