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Prospera North Carolina Llc

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

EIN: 821629344 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Prospera North Carolina Llc?

Prospera North Carolina Llc is a nonprofit organization located in Orlando, Florida, specifically at 3201 E Colonial Drive Suite A-20. Their primary mission is to strengthen North Carolina's economy by providing quality business development and training to Hispanic entrepreneurs. They offer one-on-one consulting services, where their in-house staff assesses the viability of business ideas and the job creation potential of business ventures. They provide advice on general business practices, financials, licenses/permits, and access to capital, among other aspects. This service is provided bilingually and free of charge to the business owner. Prospera North Carolina Llc has assisted 282 business owners across the state of North Carolina. They currently employ a team of six individuals.


Official website here: www.prosperausa.org

Is Prospera North Carolina Llc legitimate?

Prospera North Carolina Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prospera North Carolina Llc 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: $12,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $328,511

For more financial information, click here


Official website here: www.prosperausa.org

What is the mission statement of Prospera North Carolina Llc?

Prospera North Carolina Llc, being an economic development non-profit organization, aims to enhance the economy by offering high-quality business development and training services to Hispanic entrepreneurs. Their mission is to strengthen the economic landscape by assisting Hispanic business owners, providing one-on-one consulting, and evaluating the feasibility of their business ideas. Prospera's team advises on various aspects of running a business, such as general business practices, financials, licenses, permits, and access to capital, all provided bilingually and free of charge. In the past year, Prospera helped 282 business owners across North Carolina.


Official website here: www.prosperausa.org

Who is the CEO of Prospera North Carolina Llc?

Augusto Sanabria is the President/Ceo of Prospera North Carolina Llc. The CEO's salary of Prospera North Carolina Llc is $0 and their total compensation is $285,263.


Official website here: www.prosperausa.org

What is the revenue of Prospera North Carolina Llc?

Prospera North Carolina Llc's revenue in 2022 was $488,135.


Official website here: www.prosperausa.org

Who are the executives of Prospera North Carolina Llc and what are their salaries?

The average compensation at Prospera North Carolina Llc during 2022 was $56,835. There are 6 employees and 18 volunteers at Prospera North Carolina Llc.


Here are 7 key members and their salaries (Prospera North Carolina Llc's CEO's salary is $0 and their total compensation is $285,263):


Augusto Sanabria (President/Ceo)
  • Compensation: $0
  • Related: $244,703
  • Other: $40,560
Luis E Otero (Cfo)
  • Compensation: $0
  • Related: $153,342
  • Other: $36,149
Jose D Alvarez (Vp)
  • Compensation: $100,416
  • Related: $0
  • Other: $20,123
Boris Ayala (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luz Aviles (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Duarte-Roberts (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Sueiro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.prosperausa.org

Where can I find the form 990 for Prospera North Carolina Llc?

Prospera North Carolina Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.prosperausa.org

Learn more at the official website: www.prosperausa.org

Mission Statement of Prospera North Carolina Llc

Prospera North Carolina Llc is a nonprofit organization that specializes in economic development, with a focus on providing bilingual assistance to Hispanic entrepreneurs. Its mission is to strengthen the economy of North Carolina by offering quality business development and training to Hispanic entrepreneurs. The organization provides one-on-one consulting services to assess the viability of business ideas and the job creation potential of business ventures. Prospera's in-house staff advises clients on various aspects of business, including general business practices, financials, licenses/permits, and access to capital, all offered bilingually and free of charge to the business owner. Over the course of its operation, Prospera has assisted 282 business owners across North Carolina.

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Impact




October, 2024

Prospera North Carolina LLC significantly impacts the economic landscape of North Carolina by supporting Hispanic entrepreneurs through specialized, bilingual assistance. By offering one-on-one consulting, Prospera helps business owners evaluate the viability of their ideas and the potential for job creation. Their comprehensive support covers essential aspects such as general business practices, financial management, licensing and permits, and access to capital.

With a successful track record of assisting 282 business owners, Prospera fosters economic growth and enhances the entrepreneurial ecosystem, particularly for Hispanic individuals. This initiative not only empowers entrepreneurs but also contributes to the overall strengthening of North Carolina's economy through quality business development and training. The free, accessible resources provided by Prospera are vital in removing barriers and enabling more individuals to pursue their entrepreneurial aspirations.




This information is meant to be a general summary of Prospera North Carolina Llc. 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
$488,135 (2022)
Expenses
$569,992 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,433
  • Gross Receipts: $488,135

Assets and Liabilities:

  • Total Assets: $750,207
  • Total Liabilities: $313,679
  • Net Assets: $436,528

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Organization Details

Founding Year

2017

Principal Officer

Augusto Sanabria

Main Address

3201 E COLONIAL DRIVE Suite A-20, ORLANDO, FL, 32803

NTEE Category

Code: P11 - Human services

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