Nola Black Wall Street Foundation Inc

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

EIN: 851440531 ✦ Westwego, LA ✦ Designated as a 501(c)(3)

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Overview

What is Nola Black Wall Street Foundation Inc?

The Nola Black Wall Street Foundation Inc, situated in Westwego, Louisiana, is a nonprofit organization dedicated to uplifting economic prospects for African Americans. Their mission encompasses offering monetary investments, imparting financial literacy, fostering workforce development, enhancing business networks, and providing administrative support. The foundation encourages collaboration and communication among minority businesses in New Orleans, aiming to establish a cyclical support system within the community.


Official website here: www.nolablackwallstreet.com

Is Nola Black Wall Street Foundation Inc legitimate?

Nola Black Wall Street Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nola Black Wall Street Foundation Inc 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.nolablackwallstreet.com

What is the mission statement of Nola Black Wall Street Foundation Inc?

The Nola Black Wall Street Foundation's mission is centered around establishing a robust, integrated resource center. This center is intended to boost economic prospects for the African American community. The foundation's activities encompass providing financial investments, conducting financial literacy training, fostering workforce development, enhancing business networks, and offering administrative support. Furthermore, the foundation encourages communication and collaboration among minority businesses in New Orleans, aiming to establish a cycle of mutual support within the community.


Official website here: www.nolablackwallstreet.com

Who is the CEO of Nola Black Wall Street Foundation Inc?

Goldie Lambert is the Ceo of Nola Black Wall Street Foundation Inc. The CEO's salary of Nola Black Wall Street Foundation Inc is $0 and their total compensation is $0.


Official website here: www.nolablackwallstreet.com

What is the revenue of Nola Black Wall Street Foundation Inc?

Nola Black Wall Street Foundation Inc's revenue in 2020 was $73,377.


Official website here: www.nolablackwallstreet.com

Who are the executives of Nola Black Wall Street Foundation Inc and what are their salaries?


Here are 4 key members and their salaries (Nola Black Wall Street Foundation Inc's CEO's salary is $0 and their total compensation is $0):


Goldie Lambert (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Lambert (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasmine Grant (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desha Greely (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nolablackwallstreet.com

Where can I find the form 990EZ for Nola Black Wall Street Foundation Inc?

Nola Black Wall Street Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.nolablackwallstreet.com

Learn more at the official website: www.nolablackwallstreet.com

Mission Statement of Nola Black Wall Street Foundation Inc

The Nola Black Wall Street Foundation, in its mission, is dedicated to establishing a robust, integrated resource center in Westwego, Louisiana. The primary objective of this nonprofit organization is to enhance economic opportunities for the African American community. To achieve this goal, the foundation provides monetary investments, financial literacy training, workforce development programs, and administrative support. Furthermore, Nola Black Wall Street Foundation encourages collaboration and communication among minority businesses in New Orleans, with the aim of fostering a cyclical support system within the community. This approach aims to empower African American entrepreneurs and contribute to the overall economic growth and development of the community.

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Impact




October, 2024

Nola Black Wall Street Foundation Inc significantly impacts the community by establishing a robust resource center in Westwego, LA, dedicated to advancing economic opportunities for African Americans. By offering monetary investments, they directly support local entrepreneurship and business growth. The foundation provides financial literacy training, empowering individuals with the knowledge to manage finances effectively, thus promoting economic independence and stability.

Workforce development initiatives enhance skills and employability, helping community members secure better job opportunities. The foundation also focuses on business network enhancement, creating a platform for minority businesses to connect, collaborate, and grow together. By fostering communication among these businesses, Nola Black Wall Street promotes cyclic support, ensuring that resources and opportunities circulate within the community. Ultimately, their efforts contribute to long-term economic improvement and resilience in the New Orleans area, driving positive change and empowerment among African Americans.




This information is meant to be a general summary of Nola Black Wall Street 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
$73,377 (2020)
Expenses
$29,851 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $73,377

Assets and Liabilities:

  • Total Assets: $43,526
  • Total Liabilities: $0
  • Net Assets: $43,526

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Organization Details

Principal Officer

Goldie Lambert

Main Address

53 Cynthia St, Westwego, LA, 70094

NTEE Category

Code: S20 - Community improvement

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