Overview
What is Chelsea Business Foundation Inc?
Chelsea Business Foundation Inc, based in Chelsea, Massachusetts, is a small nonprofit organization dedicated to promoting economic development. They achieve this by offering assistance, training, and educational programs to entrepreneurs and small business owners. Their services include one-on-one technical assistance, bilingual workshops, trading programs, and networking opportunities, aimed at equipping these businesses with the necessary tools to thrive. With a team of just one dedicated individual, they strive to make a significant impact in their local community.
Official website here: www.chelseabusinessfoundation.org
Is Chelsea Business Foundation Inc legitimate?
Chelsea Business Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chelsea Business Foundation 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: $147,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,440
For more financial information, click here
Official website here: www.chelseabusinessfoundation.org
What is the mission statement of Chelsea Business Foundation Inc?
The Chelsea Business Foundation Inc's mission is to foster economic development by offering assistance to entrepreneurs and small business owners. They achieve this by providing them with essential tools and resources, such as one-on-one technical assistance, bilingual workshops, and trading programs, as well as networking opportunities. The organization's goal is to help these businesses succeed, ultimately contributing to the overall economic growth. They do this by offering small business workshops, educational programs, and offering support to business owners. Furthermore, they provide referral services to help entrepreneurs connect with the resources they need.
Official website here: www.chelseabusinessfoundation.org
Who is the CEO of Chelsea Business Foundation Inc?
Carlos Matos is the Ceo of Chelsea Business Foundation Inc. The CEO's salary of Chelsea Business Foundation Inc is $88,120 and their total compensation is $88,120.
Official website here: www.chelseabusinessfoundation.org
What is the revenue of Chelsea Business Foundation Inc?
Chelsea Business Foundation Inc's revenue in 2021 was $438,229.
Official website here: www.chelseabusinessfoundation.org
Who are the executives of Chelsea Business Foundation Inc and what are their salaries?
The average compensation at Chelsea Business Foundation Inc during 2021 was $156,360. There is 1 employee at Chelsea Business Foundation Inc.
Here are 10 key members and their salaries (Chelsea Business Foundation Inc's CEO's salary is $88,120 and their total compensation is $88,120):
- Compensation: $88,120
- Related: $0
- Other: $0
- Compensation: $59,800
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.chelseabusinessfoundation.org
Where can I find the form 990 for Chelsea Business Foundation Inc?
Chelsea Business Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.chelseabusinessfoundation.org
Learn more at the official website: www.chelseabusinessfoundation.org
Mission Statement of Chelsea Business Foundation Inc
Chelsea Business Foundation Inc is dedicated to fostering economic development by providing entrepreneurs and small business owners with essential tools and resources. Their mission is achieved through various means, including one-on-one technical assistance, bilingual workshops, and trading programs. Furthermore, they offer networking opportunities to help these individuals succeed in their ventures. By providing these resources, Chelsea Business Foundation Inc aims to support the growth and prosperity of small businesses, contributing to a stronger and more sustainable economy.
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Impact
October, 2024
Chelsea Business Foundation Inc significantly impacts the local economy by providing essential support to entrepreneurs and small business owners. Through tailored one-on-one technical assistance, it equips individuals with the tools and resources needed to thrive in today’s competitive market. The organization offers bilingual workshops and training programs that make business education accessible to a diverse community. Additionally, networking opportunities foster collaboration and connections among local business owners, enhancing their chances for success. By nurturing small businesses, Chelsea Business Foundation Inc contributes to local economic development and strengthens the community in Chelsea, MA.
This information is meant to be a general summary of Chelsea Business Foundation 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 2021.
- Investment Income: $7
- Program Service Revenue: $373,222
- Gross Receipts: $438,229
Assets and Liabilities:
- Total Assets: $254,464
- Total Liabilities: $109,629
- Net Assets: $144,835
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Organization Details
Founding Year
2018
Phone
(617) 946-6098Principal Officer
Carlos Matos
Main Address
PO Box 505600, Chelsea, MA, 02150
NTEE Category
Code: B03 - Education
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