Overview
What is Aire Ventures Inc?
Aire Ventures Inc, located in Miami, Florida, is a dedicated nonprofit organization that bridges systemic gaps in access, opportunity, and racial equity. They achieve this by scaling innovative and technological solutions to these issues. Their primary focus is on supporting low-to-moderate income entrepreneurs of color, with a significant portion identifying as women and predominantly being of Black or African American descent. Aire Ventures offers comprehensive services, including business plan training, alternative lending, technical assistance, individualized growth consulting, and real estate and retail incubation. Through these initiatives, they have served 70 entrepreneurs in Overtown, Miami, providing extensive training and advisory services, and facilitating a collaborative network of 36 entrepreneurial support partners. The impact of this venture is substantial, with the 21 reporting businesses generating an annual aggregate economic impact of $1,893,500.
Official website here: www.aireventures.org
Is Aire Ventures Inc legitimate?
Aire Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aire Ventures 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: $153,874
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,141
For more financial information, click here
Official website here: www.aireventures.org
What is the mission statement of Aire Ventures Inc?
Aire Ventures Inc's mission is centered around bridging systemic gaps in access, opportunity, and racial equity. They achieve this by scaling innovative and technological solutions to these issues. The organization's Opportunity Connect initiative specifically focuses on supporting Black and Latino low-income entrepreneurs. This is done through business plan training, character-based and alternative lending, technical assistance, individualized growth consulting, and real estate and retail incubation. This approach has resulted in significant impact in various communities, as evidenced by the annual aggregate economic impact of the supported businesses.
Official website here: www.aireventures.org
Who is the CEO of Aire Ventures Inc?
Nicole Sedlack is the Director of Aire Ventures Inc.
Official website here: www.aireventures.org
What is the revenue of Aire Ventures Inc?
Aire Ventures Inc's revenue in 2022 was $137,078.
Official website here: www.aireventures.org
Who are the executives of Aire Ventures Inc and what are their salaries?
The average compensation at Aire Ventures Inc during 2022 was $42,001. There are 11 employees at Aire Ventures Inc.
Here are 7 key members and their salaries:
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- Compensation: $99,462
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Official website here: www.aireventures.org
Where can I find the form 990 for Aire Ventures Inc?
Aire Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aireventures.org
Learn more at the official website: www.aireventures.org
Mission Statement of Aire Ventures Inc
Aire Ventures Inc, a nonprofit organization, is dedicated to bridging systemic gaps in access, opportunity, and racial equity. They accomplish this by scaling innovative and technological solutions to these issues. The mission of Aire Ventures Inc is to actively engage with BIPOC entrepreneurs, providing them with essential resources such as business plan training, character-based and alternative lending, technical assistance, and individualized growth consulting. Additionally, they offer real estate and retail incubation, aiming to maximize the impact of place-based strategies.
In the Overtown, Miami community, Aire Ventures Inc served 70 low-income entrepreneurs of color, offering over 800 hours of training and one-on-one advising. They also built a collaborative network of 36 entrepreneurial support partners, encompassing government, nonprofit, and corporate sectors. As a result of Aire Ventures Inc's initiatives, the 21 reporting businesses generated an annual aggregate economic impact of $1,893,500. In summary, Aire Ventures Inc is a nonprofit organization that works tirelessly to support and empower BIPOC low-to-moderate income entrepreneurs, providing them with the necessary tools and resources to succeed and contribute positively to their communities.
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Impact
October, 2024
Aire Ventures Inc significantly impacts the community by bridging systemic gaps in access, opportunity, and racial equity, particularly for BIPOC entrepreneurs. Through its Opportunity Connect initiative, the organization fosters deep community relationships that connect low-to-moderate income (LMI) entrepreneurs of color to essential resources. This is achieved through comprehensive business plan training, character-based and alternative lending, tailored technical assistance, and real estate and retail incubation.
In Overtown, Miami, Aire Ventures has served 70 LMI entrepreneurs, providing over 800 hours of training and one-on-one advising. By convening a collaborative network of 36 entrepreneurial support partners across various sectors, Aire Ventures creates a robust ecosystem for business development. The initiative has generated an aggregate economic impact of nearly $1.9 million annually for the 21 reporting businesses, demonstrating its effectiveness in promoting economic growth within the community.
With a focus on diversity, 65% of the entrepreneurs served identify as women, and 95% are Black or African American, highlighting Aire Ventures' commitment to elevating historically marginalized voices in the business landscape. Through technology and innovation solutions, Aire Ventures Inc plays a crucial role in enhancing economic opportunities and fostering equitable growth in the entrepreneurial ecosystem.
This information is meant to be a general summary of Aire Ventures 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: $137,078
Assets and Liabilities:
- Total Assets: $1,443,227
- Total Liabilities: $426,295
- Net Assets: $1,016,932
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Organization Details
Founding Year
2016
Phone
(786) 305-7557Principal Officer
Nicole Sedlack
Main Address
1951 NW 7TH AVE SUITE 160-113, MIAMI, FL, 33136
Website
www.aireventures.orgNTEE Category
Code: S40 - Community improvement
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