Excelsior Business Development Corporation

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

EIN: 822977051 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Excelsior Business Development Corporation?

Excelsior Business Development Corporation is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to empower and uplift underrepresented groups, including minorities, women, veterans, and emerging businesses. They achieve this by offering various services such as training, financing access, advocacy, and technical assistance. The goal is to help these groups develop into successful leaders in their respective industries. Excelsior Business Development Corporation also runs a Recovery Ta Program, further supporting their mission.


Official website here: www.atlascollective.org/

Is Excelsior Business Development Corporation legitimate?

Excelsior Business Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excelsior Business Development Corporation 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.


Official website here: www.atlascollective.org/

What is the mission statement of Excelsior Business Development Corporation?

Excelsior Business Development Corporation is dedicated to aiding underserved groups, including minorities, women, veterans, and emerging businesses, in their journey to success within their respective industries. This is achieved through various means, such as training, financing, advocacy, and technical assistance. The corporation also provides a Recovery TA Program. In essence, Excelsior Business Development Corporation aims to empower these groups to become influential leaders in their sectors.


Official website here: www.atlascollective.org/

Who is the CEO of Excelsior Business Development Corporation?

Edgard Hernandez is the President of Excelsior Business Development Corporation.


Official website here: www.atlascollective.org/

What is the revenue of Excelsior Business Development Corporation?

Excelsior Business Development Corporation's revenue in 2022 was $4,937.


Official website here: www.atlascollective.org/

Who are the executives of Excelsior Business Development Corporation and what are their salaries?


Here are 3 key members and their salaries:


Edgard Hernandez (President)
  • Compensation: $7,744
  • Related: $0
  • Other: $0
Eugenia Hernandez (Dir, Sc'Y, Trea)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Farrell (Dir, Ass'T Secr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.atlascollective.org/

Where can I find the form 990EZ for Excelsior Business Development Corporation?

Excelsior Business Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.atlascollective.org/

Learn more at the official website: www.atlascollective.org/

Mission Statement of Excelsior Business Development Corporation

Excelsior Business Development Corporation is dedicated to empowering underserved populations, including minorities, women, veterans, and emerging businesses. Their mission is to help these groups become successful leaders in their respective industries. They achieve this by providing a range of services, including development, training, financing access, advocacy, and technical assistance. The corporation's Recovery TA Program is one of their initiatives, demonstrating their commitment to supporting these communities and fostering their growth. Excelsior Business Development Corporation aims to equip these groups with the necessary tools and resources to thrive and excel in their chosen fields.

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Impact




August, 2024

Excelsior Business Development Corporation's impact is evident through its focus on developing, training, providing financing access, advocacy, and offering technical assistance to underserved minorities, women, veterans, and emerging businesses. By equipping these individuals and businesses with the necessary tools and resources, Excelsior Business Development Corporation is directly contributing to the success and growth of these entrepreneurs. Through initiatives like the Recovery Ta Program and its location in Brooklyn, NY, Excelsior Business Development Corporation is actively working towards building a stronger and more inclusive business community.




This information is meant to be a general summary of Excelsior Business Development Corporation. 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
$4,937 (2022)
Expenses
$84,793 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Gross Receipts: $4,937

Assets and Liabilities:

  • Total Assets: $12,421
  • Total Liabilities: $105,833
  • Net Assets: -$93,412

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Organization Details

Principal Officer

Edgard Hernandez

Main Address

340 SOUTH 3RD STREET C5, BROOKLYN, NY, 11211

NTEE Category

Code: S43 - Community improvement

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