Overview
What is Iba Detroit Community Development Corporation?
Iba Detroit Community Development Corporation is a nonprofit organization that primarily focuses on community and economic development. In 2019, they conducted free online workshops to assist small businesses in registering with Wayne County as approved vendors, thereby making them eligible to bid on county contracts. Over 600 businesses benefited from this initiative in real time, registering with the county purchasing division. Due to not yet obtaining 501(c)(3) tax-exempt status, the organization did not engage in any development or fundraising projects nor sought tax-exempt contributions in 2019. Their work aims to contribute positively to Detroit's small business community and economic growth.
Is Iba Detroit Community Development Corporation legitimate?
Iba Detroit Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iba Detroit Community 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.
What is the mission statement of Iba Detroit Community Development Corporation?
The Iba Detroit Community Development Corporation, focused on community and economic development, conducted online workshops in 2019 to assist small businesses in registering with the county as approved vendors, making them eligible to bid on county contracts. The workshops were free to attend, and over 600 businesses benefited from this initiative in real-time, interacting with the county purchasing division. Notably, the organization did not engage in any development or fundraising projects in 2019 due to not yet obtaining 501(c)(3) tax-exempt status. Furthermore, the corporation did not solicit tax-exempt contributions during this period. The organization's primary objective appears to be facilitating opportunities for small businesses within its community to secure county contracts, ultimately contributing to the local economy.
Who is the CEO of Iba Detroit Community Development Corporation?
Unavailable
What is the revenue of Iba Detroit Community Development Corporation?
Iba Detroit Community Development Corporation's revenue in 2021 was $0.
Who are the executives of Iba Detroit Community Development Corporation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Iba Detroit Community Development Corporation?
Iba Detroit Community Development Corporation's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Iba Detroit Community Development Corporation
Iba Detroit Community Development Corporation, a community and economic development organization, focused on assisting small businesses in 2019. Their primary mission was to help these businesses register with the county as approved vendors, making them eligible to bid on Wayne County contracts. This service was offered free of charge to the 626 businesses that benefited from it in real-time. Notably, Iba Detroit did not engage in any development or fundraising projects during this year. This was due to the organization not yet being recognized as a 501(c)(3) tax-exempt entity, which would have enabled them to accept tax-deductible contributions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Iba Detroit Community Development Corporation has made a significant impact on the local business landscape by providing vital resources and support to small businesses. Through online workshops, they have facilitated the registration process for 626 small businesses to become approved vendors with Wayne County, allowing these businesses to bid on county contracts. This access creates opportunities for financial growth and sustainability within the community.
By focusing on community and economic development, Iba Detroit is actively working to empower local entrepreneurs, eliminating barriers that might prevent them from participating in government contracts. Their commitment to free workshops ensures that resources are accessible to all, fostering an inclusive economic environment. This initiative not only strengthens individual businesses but also contributes to the overall economic vitality of Detroit, supporting community improvement efforts in the region.
This information is meant to be a general summary of Iba Detroit Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
Assets and Liabilities:
- Total Assets: $11,019
- Total Liabilities: $0
- Net Assets: $11,019
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(313) 418-7906Main Address
19410 LIVERNOIS AVENUE STE A, DETROIT, MI, 482211760
NTEE Category
Code: S30 - Community improvement
If you are a representative of Iba Detroit Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.