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African American Entrepreneurs Association Inc

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

EIN: 824144646 ✦ Daytona beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is African American Entrepreneurs Association Inc?

The African American Entrepreneurs Association Inc is a nonprofit organization committed to boosting economic development within the underprivileged African-American community. Through educational programs, mentorship, workshops, group economics, and micro-financing opportunities, this association empowers 311 members to establish and grow their businesses. The organization's primary goal is to foster entrepreneurship and stimulate economic growth within this community.


Official website here: www.http//www.aaeassociation.org

Is African American Entrepreneurs Association Inc legitimate?

African American Entrepreneurs Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. African American Entrepreneurs Association Inc 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.http//www.aaeassociation.org

What is the mission statement of African American Entrepreneurs Association Inc?

The African American Entrepreneurs Association Inc. is dedicated to fostering economic development within the African-American community. Their mission is to promote entrepreneurship and stimulate economic growth by offering educational resources, mentorship, workshops, group economics, and micro-financing opportunities to their 311 members. The association aims to enhance the economic standing of this community, thereby contributing to its overall development and prosperity.


Official website here: www.http//www.aaeassociation.org

Who is the CEO of African American Entrepreneurs Association Inc?

Unavailable The CEO's salary of African American Entrepreneurs Association Inc is $0 and their total compensation is $0.


Official website here: www.http//www.aaeassociation.org

What is the revenue of African American Entrepreneurs Association Inc?

African American Entrepreneurs Association Inc's revenue in 2022 was $82,745.


Official website here: www.http//www.aaeassociation.org

Who are the executives of African American Entrepreneurs Association Inc and what are their salaries?


Here are 3 key members and their salaries (African American Entrepreneurs Association Inc's CEO's salary is $0 and their total compensation is $0):


Leslie F Giscombe (Chairman/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Parker Van Heart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kingsley D Maitland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.http//www.aaeassociation.org

Where can I find the form 990EZ for African American Entrepreneurs Association Inc?

African American Entrepreneurs Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.http//www.aaeassociation.org

Learn more at the official website: www.http//www.aaeassociation.org

Mission Statement of African American Entrepreneurs Association Inc

The African American Entrepreneurs Association, in its mission, works towards fostering economic development within the underprivileged African-American community. This is achieved by offering a range of resources and opportunities. The association provides education, mentoring, workshops, and group economics, aimed at nurturing entrepreneurship and stimulating economic growth within this community. Its 311 members benefit from these offerings, as the association is committed to promoting prosperity and development within the African-American community.

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Impact




October, 2024

The African American Entrepreneurs Association Inc. plays a crucial role in fostering economic development in underserved African-American communities. By providing education, mentoring, and a variety of workshops, it empowers its 311 members with the skills and knowledge necessary to succeed in business.

Through initiatives that promote group economics and micro-financing opportunities, the association helps to create a supportive network for entrepreneurs, facilitating access to resources and financial assistance that might otherwise be unavailable. This collective approach not only enhances individual business success but also promotes broader economic growth within the community, contributing to overall community improvement. The impact is profound, as it enables members to build sustainable businesses, create jobs, and drive local economic progress.




This information is meant to be a general summary of African American Entrepreneurs Association 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.

Revenue
$82,745 (2022)
Expenses
$97,636 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Gross Receipts: $82,745

Assets and Liabilities:

  • Total Assets: $26,302
  • Total Liabilities: $67,400
  • Net Assets: -$41,098

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Organization Details

Main Address

601 INNOVATION WAY APT UNIT 1, DAYTONA BEACH, FL, 32114

NTEE Category

Code: S31 - Community improvement

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