Beloved Woman

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

EIN: 850775610 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is Beloved Woman?

Beloved Woman is a nonprofit organization, specifically based in Chattanooga, Tennessee. Their mission is to empower financially disadvantaged women by educating and training them to establish and grow their own small businesses. They accomplish this through a comprehensive 12-month business incubator program. In 2022, the organization served a total of 12 women, with 5 successfully graduating from the program. Committed to continued support, Beloved Woman initiated a new cohort for 7 additional women, demonstrating a dedication to helping as many women as possible to build sustainable businesses.


Official website here: www.belovedwoman.org

Is Beloved Woman legitimate?

Beloved Woman is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beloved Woman 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.belovedwoman.org

What is the mission statement of Beloved Woman?

Beloved Woman's mission is centered around educating and mentoring financially underprivileged women, enabling them to establish small businesses. This is accomplished through a comprehensive 12-month business incubator program. In 2022, the organization assisted 12 women, with five of them successfully completing the program. Beloved Woman is currently nurturing another cohort of seven women, continuing its mission to empower women and foster entrepreneurship. The organization's primary goal is to contribute to the financial independence and self-sufficiency of the women it serves.


Official website here: www.belovedwoman.org

Who is the CEO of Beloved Woman?

Malinda Davenport-Crisp is the Vice President of Beloved Woman.


Official website here: www.belovedwoman.org

What is the revenue of Beloved Woman?

Beloved Woman's revenue in 2022 was $57,208.


Official website here: www.belovedwoman.org

Who are the executives of Beloved Woman and what are their salaries?


Here are 3 key members and their salaries:


Sherry Cothran (Founder, President And Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Malinda Davenport-Crisp (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Patterson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.belovedwoman.org

Where can I find the form 990EZ for Beloved Woman?

Beloved Woman's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.belovedwoman.org

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

Mission Statement of Beloved Woman

Beloved Woman, a nonprofit organization, is dedicated to educating and training financially disadvantaged women to establish their own small businesses. They accomplish this through a comprehensive 12-month business incubator program. In the year 2022, Beloved Woman served a total of 12 women, with five of them successfully completing the program and graduating. Recognizing the potential in these women, Beloved Woman initiated a new cohort, welcoming seven more individuals to embark on this transformative journey. The organization's mission is to empower these women, equipping them with the necessary skills and resources to build sustainable businesses, thereby improving their financial stability and overall quality of life.

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Impact




August, 2024

Beloved Woman's impact lies in empowering financially disadvantaged women to create small businesses through its 12-month business incubator program. This initiative serves as a stepping stone for these women to gain financial independence and stability. By educating and training these women, Beloved Woman equips them with the skills and resources needed to succeed as entrepreneurs. This not only benefits the individual participants but also contributes to the economic growth of the community by fostering new businesses and employment opportunities.




This information is meant to be a general summary of Beloved Woman. 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
$57,208 (2022)
Expenses
$28,125 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $57,208

Assets and Liabilities:

  • Total Assets: $34,032
  • Total Liabilities: $0
  • Net Assets: $34,032

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Organization Details

Principal Officer

Malinda Davenport-Crisp

Main Address

27 N Brooks Circle, Chattanooga, TN, 37411

NTEE Category

Code: J99 - Employment

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