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Garage At Cleveland Corner Inc

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

EIN: 832104349 ✦ Wichita, KS ✦ Designated as a 501(c)(3)

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Overview

What is Garage At Cleveland Corner Inc?

Garage At Cleveland Corner Inc is a nonprofit organization that serves as a business incubator, specifically aiding startup businesses in their growth. By offering guidance, mentoring in recordkeeping, and providing a supportive environment, the organization has assisted entrepreneurs to establish and run their businesses successfully. The nonprofit is currently preparing a space for a new tenant seeking to establish a new business and is also engaged in mentoring a new tenant to acquire necessary business skills. The ultimate goal of Garage At Cleveland Corner Inc is to foster and nurture new businesses.


Official website here: www.https//www.clevelandcornerict.com/thegarage

Is Garage At Cleveland Corner Inc legitimate?

Garage At Cleveland Corner Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garage At Cleveland Corner 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.https//www.clevelandcornerict.com/thegarage

What is the mission statement of Garage At Cleveland Corner Inc?

Garage At Cleveland Corner Inc's mission is centered around assisting startup businesses in their growth. The organization provides guidance and mentorship, helping these ventures to thrive. They have aided one startup owner in becoming independent and are currently preparing for a new tenant who seeks to establish a business. Additionally, Garage At Cleveland Corner Inc offers support to budding entrepreneurs, with a focus on teaching them essential business skills. In essence, the organization functions as a business incubator, aiming to nurture and guide new ventures towards success.


Official website here: www.https//www.clevelandcornerict.com/thegarage

What is the revenue of Garage At Cleveland Corner Inc?

Garage At Cleveland Corner Inc's revenue in 2023 was $111,244.


Official website here: www.https//www.clevelandcornerict.com/thegarage

Who are the executives of Garage At Cleveland Corner Inc and what are their salaries?

There is 1 key member and their salary:


Janelle King (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.https//www.clevelandcornerict.com/thegarage

Where can I find the form 990EZ for Garage At Cleveland Corner Inc?

Garage At Cleveland Corner Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.https//www.clevelandcornerict.com/thegarage

Learn more at the official website: www.https//www.clevelandcornerict.com/thegarage

Mission Statement of Garage At Cleveland Corner Inc

Garage At Cleveland Corner Inc serves as a business incubator, assisting startups in their growth and development. The organization's mission is to guide entrepreneurs, helping them evolve into self-sufficient business owners. They provide mentorship in growth strategies and recordkeeping, ensuring their tenants acquire essential business skills. The incubator takes on its first tenant, offering monitoring and support to nurture their entrepreneurial journey. In essence, Garage At Cleveland Corner Inc fosters an environment that fosters business growth and equips startups with the necessary tools for success.

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Impact




October, 2024

Garage At Cleveland Corner Inc has made a significant impact on the entrepreneurial landscape in Wichita, KS. By providing essential support and mentorship to startup businesses, it has successfully guided entrepreneurs towards solidifying their ventures. One notable achievement is the assistance provided to a startup that has now grown to the point where its owner is operating independently, showcasing the effectiveness of their mentorship model.

Currently, Garage At Cleveland Corner Inc is engaged in preparing for a new tenant who is eager to launch a business but requires guidance. This demonstrates the organization's ongoing commitment to fostering new enterprises and facilitating the growth of local businesses. Furthermore, the establishment aims to serve as a business incubator, offering crucial resources in growth strategy and recordkeeping to entrepreneurs.

By actively mentoring tenants and equipping them with vital business skills, Garage At Cleveland Corner Inc is cultivating a more vibrant business community, promoting community improvement, and enhancing economic development in the area. The organization's initiatives not only support individual success but also contribute to the overall health of the local economy.




This information is meant to be a general summary of Garage At Cleveland Corner 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
$111,244 (2023)
Expenses
$124,440 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $15,215
  • Gross Receipts: $111,244

Assets and Liabilities:

  • Total Assets: $161,262
  • Total Liabilities: $0
  • Net Assets: $161,262

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Organization Details

Principal Officer

Janelle King

NTEE Category

Code: S43 - Community improvement

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