Overview
What is East End Maker Hub Qalicb Inc?
East End Maker Hub Qalicb Inc is a nonprofit organization situated in Houston, Texas, specifically at 3211 Harrisburg Blvd, 77003. Their primary objective is to establish a state-of-the-art maker space and manufacturing center, offering local innovators the opportunity to expand and scale their operations. This initiative aims to create a positive economic impact for the East End residents, generating an estimated $153 million in annual economic activity. By investing in innovation and manufacturing, the hub will diversify Houston's economy, decreasing its reliance on a single industry such as oil and gas. The Maker Hub is expected to create over 400 local jobs directly and another 200 induced jobs annually, providing long-term employment, business, and retail opportunities for the area. The organization's mission involves acquiring and holding property, borrowing funds, and leasing portions of the project to other entities to further their charitable purposes.
Official website here: www.eastendmakerhub.org
Is East End Maker Hub Qalicb Inc legitimate?
East End Maker Hub Qalicb Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East End Maker Hub Qalicb Inc submitted a form 990, 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.
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For more financial information, click here
Official website here: www.eastendmakerhub.org
What is the mission statement of East End Maker Hub Qalicb Inc?
East End Maker Hub Qalicb Inc's mission is primarily focused on acquiring and holding title to a property, securing funds from third-party lenders, and leasing out the property in support of charitable purposes. The organization aims to lease a portion of the property to UPCDC, which will further sublease to TXRX for various uses. The remaining portion of the property will be leased to East End Maker Hub Sponsor LLC, who will sublease in accordance with UPCDC and TXRX's charitable purposes. The corporation's purpose is to perform charitable activities, supporting the objectives of Urban Partnership Community Development Corporation and/or Transmit Receive Labs, Inc., as per Internal Revenue Code 501C3.
Official website here: www.eastendmakerhub.org
Who is the CEO of East End Maker Hub Qalicb Inc?
Patrick Ezzell is the Board Member/President of East End Maker Hub Qalicb Inc.
Official website here: www.eastendmakerhub.org
What is the revenue of East End Maker Hub Qalicb Inc?
East End Maker Hub Qalicb Inc's revenue in 2022 was $892,921.
Official website here: www.eastendmakerhub.org
Who are the executives of East End Maker Hub Qalicb Inc and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $38,567
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Official website here: www.eastendmakerhub.org
Where can I find the form 990 for East End Maker Hub Qalicb Inc?
East End Maker Hub Qalicb Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eastendmakerhub.org
Learn more at the official website: www.eastendmakerhub.org
Mission Statement of East End Maker Hub Qalicb Inc
East End Maker Hub Qalicb Inc, as a nonprofit organization, is established with a specific mission. Its primary objective is to acquire and retain ownership of a property, located in Houston, Texas, and utilize it for charitable purposes. To achieve this, the organization plans to borrow low-interest rate funds from third-party lenders.
Furthermore, East End Maker Hub Qalicb Inc intends to lease a portion of the property to UPCDC, a charitable organization itself. UPCDC will then sublease this portion to TXRX, allowing them to operate from there, engaging in office, retail, and other ancillary uses that align with their charitable objectives.
Simultaneously, the organization will lease the remaining portion of the property to East End Maker Hub Sponsor LLC, a Texas Limited Liability Company. This company will further sublease the facility, adhering to the charitable purposes of both UPCDC and TXRX. In essence, East End Maker Hub Qalicb Inc aims to support the charitable missions of UPCDC and TXRX through the acquisition and management of this property.
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Impact
October, 2024
East End Maker Hub Qalicb Inc is making a significant impact on the Houston community by serving as a vital resource for innovation and manufacturing. The hub, established at 6501 Navigation Boulevard, provides state-of-the-art facilities that enable local innovators to expand their operations and enhance their productivity.
With the completion of its construction in 2021, the hub is projected to generate an estimated $153 million in annual economic impact. This investment in innovation not only diversifies Houston's economy—reducing its reliance on industries like oil and gas—but also strengthens the East End community by creating over 400 direct local jobs and an additional 200 induced jobs each year.
The hub supplies essential business, retail, and employment opportunities that foster long-term economic stability and growth in the region. By facilitating collaboration and resource sharing among entrepreneurs and small businesses, East End Maker Hub Qalicb Inc positions itself as a catalyst for positive change and community improvement in Houston's East End.
This information is meant to be a general summary of East End Maker Hub Qalicb 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $337,000
- Gross Receipts: $892,921
Assets and Liabilities:
- Total Assets: $35,932,445
- Total Liabilities: $30,520,832
- Net Assets: $5,411,613
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$337,000
Organization Details
Founding Year
2019
Phone
(832) 498-5803Principal Officer
Patrick Ezzell
Main Address
3211 HARRISBURG BLVD, HOUSTON, TX, 77003
Website
www.eastendmakerhub.orgNTEE Category
Code: S40 - Community improvement
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