Ndc Entrepreneur Training Center

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

EIN: 843652762 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Ndc Entrepreneur Training Center?

The Ndc Entrepreneur Training Center, situated in Saint Paul, Minnesota, serves as a workforce training center, primarily benefiting the clients of the Neighborhood Development Center. This center, constructed in 2020, offers integrated business services to empower local entrepreneurs residing in low-income neighborhoods. The center operates under the mission of providing financial and administrative support to the Neighborhood Development Center, by means of ownership, development, and operation of the training center and business incubator, which are purposefully made accessible for their clients. The center's activities are aimed at supporting the functions and objectives of the Neighborhood Development Center, thereby contributing to the community's entrepreneurial growth and development.


Official website here: www.ndc-mn.org

What do the Facebook reviews say about Ndc Entrepreneur Training Center?

100% of 46 reviewers on Facebook recommend Ndc Entrepreneur Training Center. Here is a summary of their reviews:

Many participants express strong appreciation for the training programs offered, highlighting the assistance provided to individuals in need at minimal or no cost. The positive sentiment showcases the impact these services have on enhancing the skills and opportunities for those who might otherwise struggle. Trainers like Mr. Teshite Wako are specifically mentioned for their dedication and effectiveness, which adds a personal touch to the experiences shared.

Overall, the center receives enthusiastic endorsements, reflecting a deep satisfaction with its commitment to empowering entrepreneurs. The reviews suggest that the nonprofit not only fulfills its mission but does so with excellence and compassion.


This AI summary has been generated from reviews found on Facebook.

Is Ndc Entrepreneur Training Center legitimate?

Ndc Entrepreneur Training Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ndc Entrepreneur Training Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ndc-mn.org

What is the mission statement of Ndc Entrepreneur Training Center?

The Ndc Entrepreneur Training Center is established with a purpose to aid and support the Neighborhood Development Center. It accomplishes this by providing financial and administrative assistance, primarily through the ownership, development, and operation of a training center and business incubator. This facility is intended for the use of the Neighborhood Development Center's clients, serving as a platform for their growth and development. The center's mission is to contribute to the Neighborhood Development Center's goals, offering essential support to its clients in their entrepreneurial ventures.


Official website here: www.ndc-mn.org

Who is the CEO of Ndc Entrepreneur Training Center?

Mihailo Temali is the President of Ndc Entrepreneur Training Center.


Official website here: www.ndc-mn.org

What is the revenue of Ndc Entrepreneur Training Center?

Ndc Entrepreneur Training Center's revenue in 2022 was $2,423,775.


Official website here: www.ndc-mn.org

Who are the executives of Ndc Entrepreneur Training Center and what are their salaries?

There 10 volunteers at Ndc Entrepreneur Training Center.


Here are 3 key members and their salaries:


Mihailo Temali (President)
  • Compensation: $0
  • Related: $195,797
  • Other: $26,266
Ben Johnson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $110,117
  • Other: $27,014
Renay Dossman (Vice President)
  • Compensation: $0
  • Related: $215,052
  • Other: $29,916


Official website here: www.ndc-mn.org

Where can I find the form 990 for Ndc Entrepreneur Training Center?

Ndc Entrepreneur Training Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ndc-mn.org

Learn more at the official website: www.ndc-mn.org

Mission Statement of Ndc Entrepreneur Training Center

The Ndc Entrepreneur Training Center is established with a mission to benefit and support the Neighborhood Development Center. Its primary objective is to provide financial and administrative aid, accomplished through the ownership, development, and operation of a training center and business incubator. This facility is intended for the use of clients affiliated with the Neighborhood Development Center. The center's purpose is to assist in carrying out the Neighborhood Development Center's objectives and functions.

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Impact




October, 2024

The Ndc Entrepreneur Training Center significantly enhances the entrepreneurial landscape for individuals in low-income neighborhoods by providing a dedicated space for workforce training and business incubation. Established in 2020 in Saint Paul, MN, the center offers integrated business services tailored to meet the needs of local entrepreneurs.

By equipping clients with essential skills and resources, the center fosters economic empowerment and community development. Participants gain access to training programs that help them develop viable business strategies, improve their operational capabilities, and increase their chances of success in the marketplace. This targeted support not only aids individual entrepreneurs but also contributes to broader community revitalization efforts, promoting job creation and economic stability in underserved areas.




This information is meant to be a general summary of Ndc Entrepreneur Training Center. 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
$2,423,775 (2022)
Expenses
$842,279 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $490,243
  • Gross Receipts: $2,423,775

Assets and Liabilities:

  • Total Assets: $10,668,874
  • Total Liabilities: $8,820,333
  • Net Assets: $1,848,541

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Programs

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

RENTAL INCOME

Revenue

$490,243

Organization Details

Founding Year

2019

Principal Officer

Mihailo Temali

Main Address

625 UNIVERSITY AVENUE, ST PAUL, MN, 55104

NTEE Category

Code: J11 - Employment

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