Overview
What is Latin American Business Organization Inc?
Latin American Business Organization Inc, based in an unspecified location, is a nonprofit organization committed to fostering financial growth among Latin American, minority, black, and indigenous businesses. They achieve this goal by organizing classes, events, and workshops through their platform. The organization's purpose is to offer support and growth opportunities to these businesses, promoting networking and information exchange within the community. A significant event they host is the Hispanic Heritage Month event, which brings together member businesses and the wider community for networking and growth opportunities. Additionally, Latin American Business Organization Inc offers courses on venture growth and venture capital to further empower these businesses.
Is Latin American Business Organization Inc legitimate?
Latin American Business Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Latin American Business Organization Inc submitted a form 990EZ, 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.
What is the mission statement of Latin American Business Organization Inc?
The Latin American Business Organization Inc's mission is centered around providing a platform for Latin American businesses to network and gain access to relevant information, aiming to foster financial growth. This is accomplished through the organization's hostings of classes and events. Additionally, the organization seeks to support and provide growth opportunities for businesses owned by Latino, minority, Black, and Indigenous people. This is highlighted through their annual Hispanic Heritage Month event, which brings together member businesses and the community for networking and growth opportunities. Furthermore, the organization offers venture growth and venture capital courses to help businesses in these communities thrive.
Who is the CEO of Latin American Business Organization Inc?
Elizabeth Cruz is the President of Latin American Business Organization Inc.
What is the revenue of Latin American Business Organization Inc?
Latin American Business Organization Inc's revenue in 2022 was $161,991.
Who are the executives of Latin American Business Organization Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Latin American Business Organization Inc?
Latin American Business Organization Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Latin American Business Organization Inc
Latin American Business Organization Inc, often referred to as LABO, is dedicated to offering a platform for Latin American businesses to network and gain access to pertinent information. This nonprofit organization aims to foster financial growth among Latino, minority, Black, and Indigenous-owned businesses through the hosting of classes and events. The mission of LABO extends beyond just providing a networking space; it also seeks to offer growth opportunities to these businesses. To achieve this, LABO hosts a variety of events and courses, such as venture growth and venture capital courses, aimed at empowering these businesses to thrive. During Hispanic Heritage Month, LABO organizes an event specifically for its member businesses and the wider community to connect, network, and grow together. By providing these opportunities, LABO strives to support and contribute to the growth of Latin American businesses.
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Impact
October, 2024
Latin American Business Organization Inc significantly impacts local communities by fostering networking opportunities and financial growth for businesses owned by Latino, minority, Black, and Indigenous individuals. Through a variety of workshops, classes, and events, it empowers entrepreneurs by providing crucial information and resources necessary to navigate the business landscape.
The organization plays a vital role during events such as Hispanic Heritage Month, bringing together member businesses and the broader community to network, share experiences, and form valuable connections. These gatherings help to build a supportive ecosystem where minority-owned businesses can thrive.
By offering specialized courses on venture growth and venture capital, Latin American Business Organization Inc equips entrepreneurs with the knowledge needed to secure funding and develop sustainable business practices. Its initiatives not only enhance individual business potential but also contribute to the overall economic development and community improvement in Worcester, MA, and beyond.
This information is meant to be a general summary of Latin American Business Organization 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $161,991
Assets and Liabilities:
- Total Assets: $27,967
- Total Liabilities: $0
- Net Assets: $27,967
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Organization Details
Phone
(508) 769-3532Principal Officer
Elizabeth Cruz
Main Address
33 HIGHLAND ST 1, WORCESTER, MA, 01602
NTEE Category
Code: S31 - Community improvement
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