Collab Incorporated

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

EIN: 861737815 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is Collab Incorporated?

Collab Incorporated is a dedicated nonprofit organization located in New Haven, Connecticut. Their primary mission is to empower entrepreneurs, particularly those who are people of color and women, by offering comprehensive business support. They employ a compassionate and heart-centered approach, providing rigorous business education and leadership development. Collab Incorporated believes in breaking down barriers due to structural racism and sexism, recognizing that entrepreneurship can foster economic stability and community ownership. Their programs offer wraparound services such as childcare, transportation, and interpretation to ensure individuals' success. Collaboration and advocacy are integral parts of their mission, bringing together graduates to form a coalition and advocating for their collective good within the wider entrepreneurship support ecosystem.


Official website here: www.collabnewhaven.org

Is Collab Incorporated legitimate?

Collab Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collab Incorporated 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $148,789

For more financial information, click here


Official website here: www.collabnewhaven.org

What is the mission statement of Collab Incorporated?

Collab Incorporated's mission is centered around providing rigorous business support to entrepreneurs, employing a compassionate and heart-focused approach. The primary aim is to help these entrepreneurs build successful businesses, thereby creating economic power and shaping their communities. The organization prioritizes serving individuals who face persistent and significant barriers to entrepreneurship, particularly people of color and women. By doing so, Collab Incorporated aims to contribute to the betterment of these entrepreneurs and their families.


Official website here: www.collabnewhaven.org

Who is the CEO of Collab Incorporated?

Dawn Leaks is the Executive Di of Collab Incorporated.


Official website here: www.collabnewhaven.org

What is the revenue of Collab Incorporated?

Collab Incorporated's revenue in 2022 was $258,844.


Official website here: www.collabnewhaven.org

Who are the executives of Collab Incorporated and what are their salaries?

There 35 volunteers at Collab Incorporated.


Here are 6 key members and their salaries:


Dawn Leaks (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leela Bhashyam (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Kozlowski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Lindquist (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sade Jean-Jacques (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anika Singh Lemar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.collabnewhaven.org

Where can I find the form 990 for Collab Incorporated?

Collab Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.collabnewhaven.org

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

Mission Statement of Collab Incorporated

Collab Incorporated, as a nonprofit organization, is dedicated to providing impactful and rigorous business support to entrepreneurs. They approach their work with compassion and a heart-centered perspective, aiming to help these individuals build successful businesses. Their mission is to create economic power and shape communities, not just for the entrepreneurs themselves but also for their families. Collab Incorporated prioritizes serving people of color and women who face persistent and significant barriers to entrepreneurship. By offering comprehensive business support, they strive to empower these individuals to shape their own futures and contribute positively to their communities.

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Impact




October, 2024

Collab Incorporated significantly impacts the entrepreneurial landscape, particularly in underserved communities, by offering comprehensive business support that emphasizes a compassionate, heart-centered approach. Their focus on building robust businesses helps not only individual entrepreneurs but also fosters economic power within communities, particularly supporting women and people of color who face systemic barriers.

By prioritizing these groups, Collab addresses the persistent challenges posed by structural racism and sexism, making entrepreneurship a viable pathway to economic stability and community empowerment. This organization facilitates access to essential resources through initiatives like childcare, transportation assistance, and interpretation services, ensuring that potential entrepreneurs can participate fully without the hindrance of logistical barriers.

Furthermore, Collab's innovative combination of rigorous business education and heart-based leadership development nurtures both technical skills and personal growth. Their "trust & access" framework, paired with an ecosystem approach, creates a supportive network of mentors and partners, establishing a lasting foundation for entrepreneurial success.

Through the formation of a coalition among over 100 program graduates, Collab empowers entrepreneurs to advocate collectively for their interests and the greater good of their communities. This collective movement not only amplifies the voices of individual entrepreneurs but also strengthens the social fabric, fostering collaboration and shared resources.

In summary, Collab Incorporated is instrumental in reshaping the entrepreneurial landscape, driving economic empowerment, and cultivating community resilience in New Haven, particularly for those historically marginalized in the business sector.




This information is meant to be a general summary of Collab Incorporated. 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
$258,844 (2022)
Expenses
$186,780 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $258,844

Assets and Liabilities:

  • Total Assets: $79,571
  • Total Liabilities: $11,216
  • Net Assets: $68,355

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Organization Details

Founding Year

2020

Principal Officer

Dawn Leaks

Main Address

PO BOX 38, NEW HAVEN, CT, 06513

NTEE Category

Code: S20 - Community improvement

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