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Urban Business Support

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

EIN: 831637297 ✦ Puyallup, WA ✦ Designated as a 501(c)(3)

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Overview

What is Urban Business Support?

Urban Business Support is a nonprofit organization committed to aiding and educating low-income communities. Their primary goal is to foster economic growth in these areas, mitigating the detrimental impacts of gentrification, such as small business displacement and the uneven distribution of investment capital. To achieve this, Urban Business Support offers a range of programs and resources. They assist local entrepreneurs in retaining their businesses, thereby contributing to the overall stability and prosperity of these communities.

Is Urban Business Support legitimate?

Urban Business Support is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Business Support 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.

What is the mission statement of Urban Business Support?

Urban Business Support's mission is centered around assisting and educating low-income communities. The organization aims to accomplish this through various programs, working towards combating the adverse effects of gentrification, such as small business displacement and an uneven distribution of investment capital. A significant part of their mission involves supporting economic development in these areas. Furthermore, Urban Business Support provides valuable resources to local business owners, helping them retain their establishments.

Who is the CEO of Urban Business Support?

Arturo Noreiga is the Treasurer of Urban Business Support.

What is the revenue of Urban Business Support?

Urban Business Support's revenue in 2022 was $107,374.

Who are the executives of Urban Business Support and what are their salaries?


Here are 3 key members and their salaries:


Oliver Scott (Executive Di)
  • Compensation: $30,390
  • Related: $0
  • Other: $0
Christine Rose (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arturo Noreiga (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Urban Business Support?

Urban Business Support's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Urban Business Support

Urban Business Support, as an organization, is committed to aiding and educating low-income communities. Their primary mission is to facilitate economic development in these areas, serving as a countermeasure against the detrimental effects of gentrification. This includes preventing small business displacement and ensuring a more equitable distribution of investment capital. To accomplish this, Urban Business Support offers various programs, aiming to support these communities and provide resources to local business owners. Their ultimate goal is to help these entrepreneurs retain their businesses, thereby fostering a more prosperous and sustainable community ecosystem.

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Impact




October, 2024

Urban Business Support plays a significant role in uplifting low-income communities by providing essential resources and education aimed at fostering economic development. The organization specifically targets the adverse effects of gentrification, such as small business displacement and limited access to investment capital. Through various programs, it empowers local business owners, enabling them to sustain their enterprises and contribute to the economic vitality of their neighborhoods. By focusing on community improvement, Urban Business Support not only enhances individual businesses but also promotes a healthier local economy, ultimately benefiting the community as a whole.




This information is meant to be a general summary of Urban Business Support. 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
$107,374 (2022)
Expenses
$72,740 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4
  • Program Service Revenue: $930
  • Gross Receipts: $107,374

Assets and Liabilities:

  • Total Assets: $48,433
  • Total Liabilities: $2,626
  • Net Assets: $45,807

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Organization Details

Principal Officer

Arturo Noreiga

Main Address

808 13TH ST SE UNIT F, PUYALLUP, WA, 98372

NTEE Category

Code: S30 - Community improvement

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