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Growco Columbia Inc

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

EIN: 842927926 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Growco Columbia Inc?

Growco Columbia Inc, situated in Columbia, South Carolina, serves as a supportive hub for aspiring entrepreneurs. The organization operates primarily from a central location, the Boyd Innovation Center, and fosters an inclusive culture of entrepreneurship in the Columbia metropolitan area. Growco achieves this through regular networking meetings, educational seminars, and a mentoring program. Their mission is to inspire and assist high-growth and high-tech founders throughout their entrepreneurial journey, providing them with the necessary resources and guidance to thrive. The nonprofit, with a small team of one dedicated individual, is committed to supporting the local entrepreneurial community and promoting the spirit of innovation in Columbia.


Official website here: www.grow-co.org

Is Growco Columbia Inc legitimate?

Growco Columbia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Growco Columbia 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $127,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.grow-co.org

What is the mission statement of Growco Columbia Inc?

Growco Columbia Inc's mission is centered around inspiring and supporting high growth/high tech entrepreneurs throughout their entire entrepreneurial journey. The organization aims to foster an inclusive culture of entrepreneurship, providing a platform for networking, educational seminars, and mentoring programs. By doing so, Growco Columbia Inc seeks to empower entrepreneurs and promote the growth of innovation in the entrepreneurial community.


Official website here: www.grow-co.org

What is the revenue of Growco Columbia Inc?

Growco Columbia Inc's revenue in 2023 was $381,148.


Official website here: www.grow-co.org

Who are the executives of Growco Columbia Inc and what are their salaries?

The average compensation at Growco Columbia Inc during 2023 was $25,477. There are 5 employees at Growco Columbia Inc.

Here are 6 key members and their salaries:


Matt Vaadi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Boccanfuso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Heivly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Crowder (Executive Director)
  • Compensation: $91,256
  • Related: $0
  • Other: $0
Aaron Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Wilczewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.grow-co.org

Where can I find the form 990 for Growco Columbia Inc?

Growco Columbia Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.grow-co.org

Learn more at the official website: www.grow-co.org

Mission Statement of Growco Columbia Inc

Growco Columbia Inc, a nonprofit organization, is committed to inspiring and supporting high-growth and high-tech entrepreneurs throughout their entire entrepreneurial journey. Their mission is to foster an inclusive culture of entrepreneurship within the Columbia metropolitan area, all while operating at the Boyd Innovation Center. By hosting regular networking meetings, monthly educational seminars, and mentoring programs, Growco Columbia Inc aims to provide a supportive environment for these entrepreneurs, helping them navigate the challenges and successes of their ventures. Their ultimate goal is to build a strong, thriving entrepreneurial community in the area.

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Impact




July, 2024

Growco Columbia Inc is making a significant impact by inspiring and supporting high growth/high tech founders along their entrepreneurial journey. By creating an inclusive culture of entrepreneurship in the Columbia Metropolitan Area at the Boyd Innovation Center, Growco Columbia is fostering innovation and economic growth in the region. Through networking meetings, educational seminars, mentoring programs, and venture-creation workshops, Growco Columbia is empowering entrepreneurs to succeed and contribute to the community's improvement.




This information is meant to be a general summary of Growco Columbia 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
$381,148 (2023)
Expenses
$511,148 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $111,142
  • Gross Receipts: $381,148

Assets and Liabilities:

  • Total Assets: $464,895
  • Total Liabilities: $50,292
  • Net Assets: $414,603

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL EVENTS

Revenue

$111,142

Organization Details

Founding Year

2019

Principal Officer

Caroline Crowder

NTEE Category

Code: S43 - Community improvement

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