Gabcc Foundation Inc

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

EIN: 851412856 ✦ Augusta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Gabcc Foundation Inc?

Gabcc Foundation Inc, based in Augusta, Georgia, is a nonprofit organization committed to enriching the CSRA community. Their mission is to foster business growth through innovative, practical, and inclusive programming. They achieve this by conducting regular workshops and events, offering technical assistance to business owners, and focusing on areas such as business planning, bookkeeping, insurance, marketing, and credit essentials. The foundation has made significant strides, having conducted over 300 workshops and events since its inception. Gabcc Foundation Inc also provides weekly small business training sessions to 25 business owners, helping them run their businesses successfully. With a team of nine dedicated individuals, Gabcc Foundation Inc is an active player in the community, empowering local entrepreneurs and contributing to the economic growth of the CSRA region.


Official website here: www.gabcfund.org

Is Gabcc Foundation Inc legitimate?

Gabcc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gabcc Foundation 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: $40,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gabcfund.org

What is the mission statement of Gabcc Foundation Inc?

The Gabcc Foundation Inc's mission is to enrich the CSRA community by facilitating innovative, efficient, and equitable business programs. They achieve this by offering business educational workshops and providing technical assistance to entrepreneurs. Since its establishment, Gabcc Foundation Inc has organized over 300 workshops, meetings, and events. One of their initiatives includes conducting weekly small business training sessions for 25 entrepreneurs, covering topics such as business planning, bookkeeping, insurance, marketing, credit management, and running a successful business.


Official website here: www.gabcfund.org

Who is the CEO of Gabcc Foundation Inc?

Ronic West is the Executive Director of Gabcc Foundation Inc.


Official website here: www.gabcfund.org

What is the revenue of Gabcc Foundation Inc?

Gabcc Foundation Inc's revenue in 2023 was $125,399.


Official website here: www.gabcfund.org

Who are the executives of Gabcc Foundation Inc and what are their salaries?

The average compensation at Gabcc Foundation Inc during 2023 was $4,533. There are 9 employees at Gabcc Foundation Inc.


Here are 6 key members and their salaries:


Ronic West (Executive Director)
  • Compensation: $42,800
  • Related: $0
  • Other: $0
Yolanda Holley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rasheedah Anderson (Chief Financial Off)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Cunny (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Bryant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Mullens (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gabcfund.org

Where can I find the form 990 for Gabcc Foundation Inc?

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


Official website here: www.gabcfund.org

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

Mission Statement of Gabcc Foundation Inc

Gabcc Foundation Inc, with a mission to uplift the CSRA community, achieves this through innovative, effective, and equitable business programming. At its core, Gabcc provides business educational workshops and technical assistance to entrepreneurs and business owners. Since its inception, the foundation has been actively engaged, conducting over 300 workshops, meetings, and events.

To delve deeper into its mission, Gabcc Foundation Inc offers weekly small business training sessions to a group of 25 business owners. Topics covered in these sessions are diverse and comprehensive, encompassing areas such as business planning, bookkeeping recordkeeping, insurance, marketing, credit essentials, and running a successful business. These workshops aim to equip business owners with the necessary skills and knowledge to navigate the complexities of entrepreneurship, fostering business growth and development within the community.

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Impact




October, 2024

Gabcc Foundation Inc makes a significant impact on the community by enhancing local economic opportunities through its innovative and effective programming. By conducting weekly small business training sessions, it equips aspiring entrepreneurs with essential knowledge in business planning, bookkeeping, insurance, marketing, and credit essentials. This practical education empowers individuals, fostering small business growth and economic stability in Augusta, GA.

In addition to economic development, Gabcc Foundation Inc actively supports local arts and culture, emphasizing the importance of community identity and heritage. Its sponsorship of an African American music concert on African American-owned farmland not only promotes cultural expression but also boosts local agriculture and agri-tourism, creating a vibrant intersection of arts and community engagement. Overall, Gabcc Foundation Inc is pivotal in driving community improvement, nurturing both economic and cultural landscapes in the region.




This information is meant to be a general summary of Gabcc Foundation 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
$125,399 (2023)
Expenses
$129,886 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $125,399

Assets and Liabilities:

  • Total Assets: $2,604
  • Total Liabilities: $0
  • Net Assets: $2,604

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Organization Details

Founding Year

2020

Principal Officer

Ronic West

Main Address

PO Box 1805, AUGUSTA, GA, 30903

NTEE Category

Code: S00 - Community improvement

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