Overview
What is Microbusiness Advancement Center Of Southern Arizona?
The Microbusiness Advancement Center of Southern Arizona is a nonprofit organization situated in Tucson, Arizona (specifically at 525 N Bonita Ave). Their primary goal is to offer educational resources and assistance to various entities, with the ultimate aim of preserving and creating job opportunities. This mission is carried out through their activities, which involve providing necessary support to microbusinesses. The organization boasts a small workforce of seven dedicated individuals, working tirelessly to contribute to the economic growth and job market in Southern Arizona.
Official website here: www.mac-sa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating.
The Microbusiness Advancement Center of Southern Arizona has received a solid Three-Star rating, indicating a commendable level of accountability and financial health. The organization scored a total of 81%, with the majority of the score attributed to its strong performance in Accountability & Finance, which suggests that it effectively manages its resources and adheres to best practices in governance.
One of the organization's notable strengths is its commitment to transparency; it boasts a fully independent board composed of 15 members, which is crucial for ethical oversight. Additionally, the charity has robust policies in place regarding conflict of interest and whistleblower protections, further emphasizing its dedication to maintaining integrity and trust with its stakeholders.
While the overall score is positive, the data reflects that the rating is derived solely from the accountability and finance metrics. This means that other aspects such as program impact or community feedback were not evaluated in this instance, which may limit a more comprehensive understanding of the organization's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Microbusiness Advancement Center Of Southern Arizona legitimate?
Microbusiness Advancement Center Of Southern Arizona is a legitimate nonprofit organization registered as a 501(c)(3) entity. Microbusiness Advancement Center Of Southern Arizona 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: $50,309
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,937
For more financial information, click here
Official website here: www.mac-sa.org
What is the mission statement of Microbusiness Advancement Center Of Southern Arizona?
The Microbusiness Advancement Center of Southern Arizona's mission is centered around educating and offering assistance to various entities. This aim is to preserve and create job opportunities within these entities. The center provides a range of small business support services, which include educational resources and assistance, contributing to the preservation and creation of employment opportunities.
Official website here: www.mac-sa.org
Who is the CEO of Microbusiness Advancement Center Of Southern Arizona?
Magdalena Verdugo is the President of Microbusiness Advancement Center Of Southern Arizona. The CEO's salary of Microbusiness Advancement Center Of Southern Arizona is $30,144 and their total compensation is $131,063.
Official website here: www.mac-sa.org
What is the revenue of Microbusiness Advancement Center Of Southern Arizona?
Microbusiness Advancement Center Of Southern Arizona's revenue in 2022 was $822,212.
Official website here: www.mac-sa.org
Who are the executives of Microbusiness Advancement Center Of Southern Arizona and what are their salaries?
The average compensation at Microbusiness Advancement Center Of Southern Arizona during 2022 was $37,607. There are 7 employees at Microbusiness Advancement Center Of Southern Arizona.
Here are 16 key members and their salaries (Microbusiness Advancement Center Of Southern Arizona's CEO's salary is $30,144 and their total compensation is $131,063):
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- Compensation: $30,144
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- Compensation: $18,239
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Official website here: www.mac-sa.org
Where can I find the form 990 for Microbusiness Advancement Center Of Southern Arizona?
Microbusiness Advancement Center Of Southern Arizona's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mac-sa.org
Learn more at the official website: www.mac-sa.org
Mission Statement of Microbusiness Advancement Center Of Southern Arizona
The Microbusiness Advancement Center Of Southern Arizona is committed to a mission of educating and providing assistance to various entities. This nonprofit organization strives to preserve and create job opportunities by offering small business support services. They aim to equip these entities with the necessary knowledge and resources, contributing to the preservation and creation of employment opportunities within their community.
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Impact
July, 2024
The Microbusiness Advancement Center Of Southern Arizona has a significant impact on job preservation and creation in Tucson, AZ. By providing small business support services, education, and assistance, they play a crucial role in supporting local entities. Their efforts contribute to the overall strengthening of the community and the economy by helping businesses thrive, ultimately leading to job opportunities for individuals in the area. This organization is instrumental in fostering entrepreneurship and economic development in Southern Arizona.
This information is meant to be a general summary of Microbusiness Advancement Center Of Southern Arizona. 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 2022.
- Program Service Revenue: $2,765
- Gross Receipts: $822,212
Assets and Liabilities:
- Total Assets: $258,990
- Total Liabilities: $238,572
- Net Assets: $20,418
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WOMENS BUSINESS CENTER
Revenue
$2,765
Organization Details
Founding Year
1991
Phone
(520) 884-7810Principal Officer
Magdalena Verdugo
Main Address
525 N BONITA AVE, TUCSON, AZ, 85745
Website
www.mac-sa.orgNTEE Category
Code: S80 - Community improvement
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