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Economic Ventures Inc

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

EIN: 900607567 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Economic Ventures Inc?

Economic Ventures Inc is a nonprofit organization situated in New York City, specifically at 222 E 56th Street Apt 2H. Their primary mission is to foster economic entrepreneurship education, primarily through developing educational programs tailored for youth, teachers, and early-stage entrepreneurs. During the 2021 tax year, the organization received donated services worth 56,000 USD, with 56,000 directly contributing to their programs. Additionally, they benefited from the use of facilities for program-related activities, with a fair market value of 14,000 USD.


Official website here: www.econventures.org

Is Economic Ventures Inc legitimate?

Economic Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.econventures.org

What is the mission statement of Economic Ventures Inc?

Economic Ventures Inc, as a mission, strives to establish a fundamental understanding of economic principles and entrepreneurship among youth, educators, and budding entrepreneurs. This is achieved through the development and implementation of educational programs. The organization's goal is to further promote economic entrepreneurship education, providing donated services worth 56,000 and utilization of facilities worth 14,000 for program-related activities during the 2021 tax year.


Official website here: www.econventures.org

Who is the CEO of Economic Ventures Inc?

Carrie J Mcindoe is the Board Chair of Economic Ventures Inc.


Official website here: www.econventures.org

What is the revenue of Economic Ventures Inc?

Economic Ventures Inc's revenue in 2022 was $4,445.


Official website here: www.econventures.org

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


Here are 5 key members and their salaries:


Nancy A May (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James P O'Neill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M L Graeme Campbell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley N Maragos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie J Mcindoe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.econventures.org

Where can I find the form 990 for Economic Ventures Inc?

Economic Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.econventures.org

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

Mission Statement of Economic Ventures Inc

Economic Ventures Inc is committed to providing a solid foundation in the essential principles of economics and entrepreneurship. Through the development of educational programs, this organization aims to equip youth, teachers, and early-stage entrepreneurs with the necessary skills. The mission of Economic Ventures Inc is to foster economic entrepreneurship education, and during the 2021 tax year, they received 56,000 hours of donated services, primarily for their programs. Additionally, the organization benefited from the use of facilities for program-related activities, with a fair market value of 14,000.

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Impact




August, 2024

Economic Ventures Inc's impact lies in providing a fundamental foundation in the basic principles of economics and entrepreneurship through educational programs developed for youth, teachers, and early-stage entrepreneurs. Through their mission to further economic entrepreneurship education, they received $56,000 in donated services during the 2021 tax year, with all funds directly related to programs. Additionally, the organization benefited from the use of facilities for program-related activities with a fair market value of $14,000. Operating out of New York, NY, their focus on education demonstrates a commitment to empowering individuals with essential economic and entrepreneurial knowledge.




This information is meant to be a general summary of Economic 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
$4,445 (2022)
Expenses
$5,218 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $4,445

Assets and Liabilities:

  • Total Assets: $186
  • Total Liabilities: $124,843
  • Net Assets: -$124,657

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Organization Details

Founding Year

2010

Principal Officer

Carrie J Mcindoe

Main Address

222 E 56TH STREET APT 2H, NEW YORK, NY, 10022

NTEE Category

Code: B28 - Education

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