Elm Ave Coworking

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

EIN: 842505013 ✦ Monroe, MI ✦ Designated as a 501(c)(3)

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Overview

What is Elm Ave Coworking?

Elm Ave Coworking is a nonprofit organization situated in Monroe County. Their primary mission is to empower the local community, particularly those who are underserved, by providing training and mentorship in digital literacy. This initiative not only equips individuals with necessary skills but also fosters the creation of new business opportunities. By focusing on digital literacy, Elm Ave Coworking aims to contribute positively to Monroe County's socio-economic growth.


Official website here: www.elmaveco.org

Is Elm Ave Coworking legitimate?

Elm Ave Coworking is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elm Ave Coworking 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.elmaveco.org

What is the mission statement of Elm Ave Coworking?

Elm Ave Coworking is committed to empowering individuals by providing training and mentorship, fostering new business opportunities, and enhancing the underserved community, especially in the area of digital literacy. Their mission is geared towards improving lives and fostering growth, with a strong focus on equipping people with the necessary digital skills. This organization plays a significant role in uplifting its community by creating opportunities for personal and professional development.


Official website here: www.elmaveco.org

Who is the CEO of Elm Ave Coworking?

Nolan Beamsley is the President of Elm Ave Coworking.


Official website here: www.elmaveco.org

What is the revenue of Elm Ave Coworking?

Elm Ave Coworking's revenue in 2022 was $105,942.


Official website here: www.elmaveco.org

Who are the executives of Elm Ave Coworking and what are their salaries?


Here are 6 key members and their salaries:


Nolan Beamsley (President)
  • Compensation: $600
  • Related: $0
  • Other: $0
Jeff Beamsley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hile (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Thompson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Lake (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elmaveco.org

Where can I find the form 990EZ for Elm Ave Coworking?

Elm Ave Coworking's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.elmaveco.org

Learn more at the official website: www.elmaveco.org

Mission Statement of Elm Ave Coworking

Elm Ave Coworking, a nonprofit organization, is committed to empowering the underserved community of Monroe County. Their mission is multifaceted, encompassing three key areas: training and mentoring individuals, fostering new business opportunities, and promoting digital literacy. By providing these services, Elm Ave Coworking aims to make a significant impact in the community, improving the lives of its residents.

At the heart of Elm Ave Coworking's mission is the training and mentoring of individuals. The organization recognizes the importance of education and skill development in driving personal growth and community development. By offering these services, Elm Ave Coworking is equipping individuals with the tools they need to succeed, both personally and professionally.

In addition to training and mentoring, Elm Ave Coworking is also dedicated to creating new business opportunities. Recognizing the potential of entrepreneurship to drive economic growth and social change, the organization is actively working to support the creation of new businesses within the community. By providing resources and support, Elm Ave Coworking is helping to foster an environment where innovation and enterprise can thrive.

Finally, Elm Ave Coworking places a strong emphasis on digital literacy. In an increasingly digital world, having a solid understanding of technology is essential for success. By promoting digital literacy, Elm Ave Coworking is ensuring that its community members are well-equipped to navigate the digital landscape, opening up a world of opportunities for learning, work, and communication.

In summary, Elm Ave Coworking is a nonprofit organization dedicated to improving the underserved community of Monroe County. Through their mission of training and mentoring individuals, fostering new business opportunities, and promoting digital literacy, they are working to create a more vibrant, skilled, and connected community.

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Impact




October, 2024

Elm Ave Coworking significantly enhances the community of Monroe County by providing training and mentorship to individuals, fostering new business opportunities, and prioritizing digital literacy. Through its programs, it equips participants with essential skills that enhance employability, thereby contributing to economic development in the area. By focusing on underserved populations, Elm Ave Coworking plays a crucial role in uplifting individuals, ensuring they have the tools necessary for personal and professional growth, and fostering a more inclusive local economy. This impact resonates throughout the community, as empowered individuals create positive ripple effects that benefit families and neighborhoods alike.




This information is meant to be a general summary of Elm Ave Coworking. 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
$105,942 (2022)
Expenses
$107,660 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $750
  • Program Service Revenue: $39,061
  • Gross Receipts: $105,942

Assets and Liabilities:

  • Total Assets: $34,024
  • Total Liabilities: $0
  • Net Assets: $34,024

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Organization Details

Principal Officer

Nolan Beamsley

Main Address

115 E Elm Avenue, Monroe, MI, 48162

NTEE Category

Code: J20 - Employment

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