Overview
What is We Invest In You Inc?
We Invest In You Inc. is a Minnesota-based nonprofit organization, situated in Eden Prairie. Their primary mission is to support smaller businesses within the greater Minneapolis metropolitan area that struggle to secure reasonably priced financing, despite having a viable business plan. The organization serves as a business funding and coaching entity, offering below-market financing to entrepreneurs from diverse backgrounds, including gender, sexual orientation, marital status, race, religion, national origin, and age, under the condition that they agree to accept coaching. This dual approach aims to accelerate the entrepreneurs' success, thereby improving their living standards and those of their employees. The ultimate goal is to make these entrepreneurs financially viable enough to secure standard loan terms from banks within two to three years.
Official website here: www.weinvestinyou.org
Is We Invest In You Inc legitimate?
We Invest In You Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. We Invest In You 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:
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Official website here: www.weinvestinyou.org
What is the mission statement of We Invest In You Inc?
We Invest In You Inc is a nonprofit organization that aims to support smaller businesses in various sectors, particularly those in the Minneapolis metro area, who struggle to secure reasonably priced financing due to their size. The organization provides below-market financing and coaching to entrepreneurs of diverse backgrounds, including gender, sexual orientation, marital status, race, color, religion, national origin, and age, on the condition that they agree to accept coaching. This combined financing and coaching initiative is expected to help these entrepreneurs achieve success sooner, ultimately leading to improved living standards for them and their employees. The primary goal of this program is to make these entrepreneurs financially viable enough that they can secure standard loan terms from banks within a period of two to three years.
Official website here: www.weinvestinyou.org
What is the revenue of We Invest In You Inc?
We Invest In You Inc's revenue in 2023 was $27,339.
Official website here: www.weinvestinyou.org
Who are the executives of We Invest In You Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Compensation: $1,000
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Official website here: www.weinvestinyou.org
Where can I find the form 990 for We Invest In You Inc?
We Invest In You Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.weinvestinyou.org
Learn more at the official website: www.weinvestinyou.org
Mission Statement of We Invest In You Inc
We Invest In You Inc is a nonprofit organization that provides support to smaller businesses in the Minneapolis metro area that lack access to reasonably priced financing, yet have a viable business plan. This organization serves as a business funding and coaching entity, offering below-market financing to entrepreneurs of various backgrounds, including gender, sexual orientation, marital status, race, color, religion, nation of origin, and age. The condition for this financing is the willingness of the entrepreneurs to accept coaching.
The coaching and financing provided by We Invest In You Inc are expected to help these entrepreneurs achieve success sooner, ultimately leading to improved living standards for themselves and their employees. The goal of this program is to enable these entrepreneurs to become financially viable enough that a bank will provide standard loan terms to their companies within two to three years. By doing so, We Invest In You Inc aims to empower these entrepreneurs, fostering their growth and contributing to the overall economic development of the community.
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Impact
August, 2024
We Invest In You Inc's impact can be seen in the support it provides to smaller companies in the Greater Minneapolis metro area that lack access to reasonably priced financing. By offering below-market financing and coaching to entrepreneurs of all backgrounds, the organization aims to help these individuals achieve success sooner, ultimately leading to improved living standards for themselves and their employees. The ultimate goal is to enable these entrepreneurs to become financially viable so that traditional banks will provide standard loan terms to their companies within a few years. Through this program, We Invest In You Inc contributes to community improvement by empowering underrepresented entrepreneurs and fostering economic development in the region.
This information is meant to be a general summary of We Invest In You 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.
- Investment Income: $6,163
- Program Service Revenue: $18,076
- Gross Receipts: $27,339
Assets and Liabilities:
- Total Assets: $1,007,297
- Total Liabilities: $0
- Net Assets: $1,007,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON COMPANY LO
Revenue
$18,076
Organization Details
Founding Year
2020
Principal Officer
E Ted Yoch
Website
www.weinvestinyou.orgNTEE Category
Code: S31 - Community improvement
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