Eha Impact Ventures Inc

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

EIN: 862911430 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Eha Impact Ventures Inc?

Eha Impact Ventures Inc is a small, dedicated nonprofit organization situated in Wilmington, Delaware, with a strong commitment to empowering female entrepreneurs and investing in female-founded enterprises. Their primary mission is to lead in the impact investing community, ensuring their portfolio companies maintain an impact-first mindset, actively seeking ways to enhance Nigeria's health ecosystem. To foster growth, they provide mentorship and thought leadership, and collaborate with banks and lending institutions to secure catalytic capital, as demonstrated through an impact loan with a leading Nigerian bank for one of their portfolio companies. The organization's founder is an active advocate, speaking at conferences and events to raise awareness about the Nigerian female founder ecosystem and the importance of investing in female founders in Africa.


Official website here: www.eha.ventures

Is Eha Impact Ventures Inc legitimate?

Eha Impact Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eha Impact Ventures 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: $256,369
Professional Fundraising Fees: $2,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.eha.ventures

What is the mission statement of Eha Impact Ventures Inc?

Eha Impact Ventures Inc is committed to serving three primary areas: empowering female entrepreneurs, investing in female-led enterprises, and leading the impact investing community. Their mission is to support these female entrepreneurs in growing their businesses by providing mentorship and thought leadership. EIV encourages an impact-first mindset in these companies, ensuring they actively seek ways to improve the health ecosystem. Additionally, the organization collaborates with financial institutions to help female-led companies secure catalytic capital. Furthermore, the founder of Eha Impact Ventures frequently speaks at conferences and events to advocate for investing in female entrepreneurs in Africa.


Official website here: www.eha.ventures

Who is the CEO of Eha Impact Ventures Inc?

Evelyn Castle is the CEO of Eha Impact Ventures Inc The CEO's salary of Eha Impact Ventures Inc is $222,000 and their total compensation is $256,369.


Official website here: www.eha.ventures

What is the revenue of Eha Impact Ventures Inc?

Eha Impact Ventures Inc's revenue in 2023 was $160,913.


Official website here: www.eha.ventures

Who are the executives of Eha Impact Ventures Inc and what are their salaries?

The average compensation at Eha Impact Ventures Inc during 2023 was $128,184. There are 2 employees at Eha Impact Ventures Inc.

Here are 2 key members and their salaries (Eha Impact Ventures Inc's CEO's salary is $222,000 and their total compensation is $256,369):


Evelyn Castle (Ceo)
  • Compensation: $222,000
  • Related: $11,704
  • Other: $22,665
Adam Thompson (President)
  • Compensation: $0
  • Related: $126,000
  • Other: $23,826


Official website here: www.eha.ventures

Where can I find the form 990 for Eha Impact Ventures Inc?

Eha Impact Ventures Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.eha.ventures

Learn more at the official website: www.eha.ventures

Mission Statement of Eha Impact Ventures Inc

Eha Impact Ventures Inc, a prominent entity in the impact investing community, has a threefold mission. The organization seeks to empower female entrepreneurs, invest in businesses founded by women, and establish itself as a leader in this field. By empowering female entrepreneurs, Eha Impact Ventures Inc aims to provide the necessary support and mentorship required for these businesswomen to grow their ventures successfully. The organization also actively invests in female-led enterprises, contributing to their financial growth and stability. Additionally, Eha Impact Ventures Inc strives to be a significant player in the impact investing community, promoting the importance of investing in female entrepreneurs and fostering an impact-first mindset among these businesses. This approach not only benefits the enterprises themselves but also contributes to improving the overall health ecosystem in their respective communities.

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Impact




July, 2024

Eha Impact Ventures Inc is making a significant impact by empowering female entrepreneurs, investing in female-founded enterprises, and taking a leadership role in the impact investing community. They actively support the growth of female founders in Nigeria, providing mentorship and thought leadership to help them succeed. EIV also works to improve the health ecosystem in Nigeria by promoting an impact-first mindset among their portfolio companies. Additionally, they collaborate with banks and lending institutions to facilitate access to catalytic capital for female-founded businesses. Through speaking engagements and participation in conferences, Eha Impact Ventures is raising awareness about the importance of investing in female founders in Africa.




This information is meant to be a general summary of Eha Impact Ventures 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
$160,913 (2023)
Expenses
$528,805 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $192,418
  • Gross Receipts: $483,514

Assets and Liabilities:

  • Total Assets: $8,068,751
  • Total Liabilities: $746,026
  • Net Assets: $7,322,725

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Organization Details

Founding Year

2021

Principal Officer

Evelyn Castle

NTEE Category

Code: Q32 - International

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