Overview
What is Small Business Advocacy Council?
The Small Business Advocacy Council (SBAC) is a nonprofit organization located in Chicago, Illinois, specifically at 3033 N Clark St. This member-driven organization, with a team of 10 employees, is dedicated to promoting the growth and success of small businesses. They achieve this goal through various means, including political advocacy, support services, and educational programs. The mission of SBAC is to foster a supportive environment for small businesses by engaging in non-partisan activities, advocating for their interests, and offering resources and educational opportunities. By doing so, they aim to help local business owners connect and thrive within their community.
Official website here: www.smallbusinessadvocacycouncil.org
Is Small Business Advocacy Council legitimate?
Small Business Advocacy Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Small Business Advocacy Council 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: $216,002
For more financial information, click here
Official website here: www.smallbusinessadvocacycouncil.org
What is the mission statement of Small Business Advocacy Council?
The Small Business Advocacy Council (SBAC) is a non-partisan, member-driven organization that actively advocates for the success of small businesses. It achieves this goal through political advocacy, providing support services, and offering educational programs. By promoting these initiatives, SBAC aims to help its members grow their businesses and interact with local entrepreneurs. The organization's mission is to serve as a trusted resource, offering networking functions and facilitating connections within the small business community.
Official website here: www.smallbusinessadvocacycouncil.org
Who is the CEO of Small Business Advocacy Council?
Elliot Richardson is the President of Small Business Advocacy Council. The CEO's salary of Small Business Advocacy Council is $0 and their total compensation is $0.
Official website here: www.smallbusinessadvocacycouncil.org
What is the revenue of Small Business Advocacy Council?
Small Business Advocacy Council's revenue in 2022 was $490,132.
Official website here: www.smallbusinessadvocacycouncil.org
Who are the executives of Small Business Advocacy Council and what are their salaries?
The average compensation at Small Business Advocacy Council during 2022 was $21,600. There are 10 employees and 35 volunteers at Small Business Advocacy Council.
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Official website here: www.smallbusinessadvocacycouncil.org
Where can I find the form 990 for Small Business Advocacy Council?
Small Business Advocacy Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smallbusinessadvocacycouncil.org
Learn more at the official website: www.smallbusinessadvocacycouncil.org
Mission Statement of Small Business Advocacy Council
The Small Business Advocacy Council (SBAC) is a non-partisan, member-driven organization that actively promotes the success of small businesses. This is achieved through three primary means: political advocacy, support services, and educational programs. The council's mission is to serve as a platform for its members, helping them grow their businesses and interact with fellow local entrepreneurs. By engaging in political advocacy, SBAC advocates for policies that benefit small businesses, ensuring a conducive environment for their growth and survival. Additionally, the council offers support services to its members, providing them with the resources they need to overcome challenges and thrive. Lastly, SBAC organizes educational programs to equip its members with the skills and knowledge necessary to navigate the complex world of entrepreneurship effectively.
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Impact
October, 2024
The Small Business Advocacy Council (SBAC) significantly impacts the landscape for small businesses through its focus on political advocacy, support services, and educational programs. By engaging in non-partisan political advocacy, SBAC ensures that the voices of small business owners are heard in legislative matters, promoting policies that facilitate a favorable business environment.
SBAC organizes networking functions that enable members to connect, fostering relationships that can lead to collaborative opportunities, mentorship, and growth. These interactions help local business owners exchange valuable insights and resources, ultimately strengthening the community overall.
Through its educational programs, SBAC empowers small businesses with the knowledge and skills necessary to thrive in a competitive market. This comprehensive approach not only enhances individual business success but also contributes to the economic vitality of the Chicago area and beyond, demonstrating a commitment to community improvement.
This information is meant to be a general summary of Small Business Advocacy Council. 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.
- Investment Income: -$21
- Program Service Revenue: $121,672
- Gross Receipts: $518,971
Assets and Liabilities:
- Total Assets: $148,391
- Total Liabilities: $60,686
- Net Assets: $87,705
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP INCOME
Revenue
$121,672
Organization Details
Founding Year
2010
Principal Officer
Elliot Richardson
Main Address
3033 N CLARK ST, CHICAGO, IL, 60657
NTEE Category
Code: S41 - Community improvement
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