Overview
What is The 1909 Foundation Inc?
The 1909 Foundation Inc, based in West Palm Beach, Florida, is a nonprofit organization that offers affordable shared workspace designed to support entrepreneurs in their journey. Located at 313 DATURA STREET 200, this incubator space provides essential amenities such as high-speed Wi-Fi, printing, conference rooms, brainstorm areas, and a community of fellow founders for mutual support. The Foundation's mission is to foster holistic development in creators, promoting mindful innovation and contributing positively to the community. With over 230 members utilizing the incubator space, the 1909 Foundation Inc aims to uplift the community by nurturing entrepreneurial growth.
Is The 1909 Foundation Inc legitimate?
The 1909 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 1909 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: $125,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The 1909 Foundation Inc?
The 1909 Foundation Inc's mission is centered around supporting the holistic development of creators. This organization aims to foster mindful innovation, ultimately uplifting the community. To accomplish this, they provide an affordable shared workspace designed for entrepreneurs. The workspace features high-speed Wi-Fi, printing facilities, conference rooms, brainstorm areas, and a network of fellow founders for support. Currently, over 230 members benefit from this incubator space, which is a testament to the foundation's commitment to nurturing creators and their ventures.
What is the revenue of The 1909 Foundation Inc?
The 1909 Foundation Inc's revenue in 2023 was $691,483.
Who are the executives of The 1909 Foundation Inc and what are their salaries?
The average compensation at The 1909 Foundation Inc during 2023 was $31,457. There are 4 employees and 60 volunteers at The 1909 Foundation Inc.
Here are 11 key members and their salaries:
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- Compensation: $65,000
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- Compensation: $60,829
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Where can I find the form 990 for The 1909 Foundation Inc?
The 1909 Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The 1909 Foundation Inc
The 1909 Foundation Inc is committed to supporting the holistic development of creators, with the objective of fostering mindful innovation and uplifting the community at large. Their mission is geared towards nurturing these creators, empowering them to innovate in a thoughtful and considerate manner. The foundation provides an affordable shared workspace designed to cater to the journey of entrepreneurs. This space offers high-speed Wi-Fi, printing facilities, conference rooms, brainstorm areas, and a supportive community of other founders. The 1909 Foundation Inc currently supports over 230 members in its incubator space, offering them the necessary resources and a collaborative environment to thrive in their entrepreneurial pursuits.
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Impact
July, 2024
The 1909 Foundation Inc's impact is centered around supporting the holistic development of creators to foster mindful innovation and uplift the community. Through its incubator space in West Palm Beach, Florida, The 1909 Foundation provides affordable shared workspace equipped with high-speed WiFi, printing services, conference rooms, brainstorm areas, and a supportive community of fellow founders. Currently, the foundation supports over 230 members in its incubator space, facilitating collaboration and growth among entrepreneurs. The organization's mission is to empower creators, promote innovation, and contribute to community improvement through its supportive initiatives.
This information is meant to be a general summary of The 1909 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $30,370
- Gross Receipts: $765,444
Assets and Liabilities:
- Total Assets: $70,914
- Total Liabilities: $0
- Net Assets: $70,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$30,370
Organization Details
Founding Year
2020
Phone
(877) 829-5500Principal Officer
Shana Ostrovitz
Main Address
313 DATURA ST, WEST PALM BEACH, FL, 33401
NTEE Category
Code: S40 - Community improvement
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