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Sbac Empowerment Foundation

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

EIN: 811699104 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Sbac Empowerment Foundation?

The Sbac Empowerment Foundation is a nonprofit organization situated in Chicago, Illinois. Its primary focus is on assisting entrepreneurs, offering counseling and mentorship to small business owners who have completed Empower's small business training program. The foundation further extends its reach by collaborating with various Chicagoland Chamber of Commerces to conduct educational workshops for their members. By providing these services, the Sbac Empowerment Foundation aims to empower and support the growth of small businesses in the community.

Is Sbac Empowerment Foundation legitimate?

Sbac Empowerment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sbac Empowerment Foundation 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 Sbac Empowerment Foundation?

The SBAC Empowerment Foundation's mission is centered around supporting entrepreneurial growth. It accomplishes this by offering counseling and mentorship to small business owners who have completed Empower's small business training program. Additionally, the foundation collaborates with various Chicagoland Chamber of Commerces to conduct workshops, providing further opportunities for learning and networking. The organization's primary objective is to empower and guide small business owners, fostering their success and contributing to the entrepreneurial ecosystem.

Who is the CEO of Sbac Empowerment Foundation?

Scott Baskin is the Secretary of Sbac Empowerment Foundation.

What is the revenue of Sbac Empowerment Foundation?

Sbac Empowerment Foundation's revenue in 2022 was $51,725.

Who are the executives of Sbac Empowerment Foundation and what are their salaries?


Here are 6 key members and their salaries:


Scott Baskin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Richardson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iris Marreck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Zelitzky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Detlefs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Gafka (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sbac Empowerment Foundation?

Sbac Empowerment Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Sbac Empowerment Foundation

The SBAC Empowerment Foundation, an esteemed organization, is dedicated to supporting entrepreneurs. Its primary mission involves offering counseling and mentorship to small business owners who have completed Empower's small business training program. Beyond this, the foundation collaborates with various Chicagoland Chamber of Commerces, providing insightful workshops for their members. Through these efforts, the SBAC Empowerment Foundation aims to foster the growth and success of budding entrepreneurs.

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Impact




August, 2024

Sbac Empowerment Foundation's impact can be seen in the support and guidance it provides to small business owners in Chicago. By offering counseling and mentoring services to entrepreneurs who have completed the organization's small business training class, Sbac Empowerment Foundation helps these individuals develop the skills and knowledge necessary to succeed in their ventures. Additionally, by partnering with various Chicagoland Chambers of Commerce to deliver workshops, the foundation extends its reach and impact to a wider audience of business owners and community members. Through these efforts, Sbac Empowerment Foundation contributes to the empowerment and growth of the local business community, fostering economic development and strengthening the entrepreneurial ecosystem in the region.




This information is meant to be a general summary of Sbac Empowerment Foundation. 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
$51,725 (2022)
Expenses
$51,570 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $10,000
  • Gross Receipts: $51,725

Assets and Liabilities:

  • Total Assets: $16,997
  • Total Liabilities: $0
  • Net Assets: $16,997

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Organization Details

Principal Officer

Scott Baskin

Main Address

3033 N CLARK STREET, CHICAGO, IL, 60657

NTEE Category

Code: S30 - Community improvement

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