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Bizworks Enterprise Center

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

EIN: 900775899 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Bizworks Enterprise Center?

Bizworks Enterprise Center is a nonprofit organization situated in Chesterfield County. Its primary mission is to foster the growth of new and emerging businesses, ultimately enhancing the local economy by generating jobs and attracting investments. This is achieved through various means, including mentorship, granting access to essential business resources, offering flexible office/warehouse spaces, and providing shared administrative services. The organization's ultimate goal is to contribute to Chesterfield County's economic vitality.


Official website here: www.bizworkscenter.org

Is Bizworks Enterprise Center legitimate?

Bizworks Enterprise Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bizworks Enterprise Center 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: $154,616

For more financial information, click here


Official website here: www.bizworkscenter.org

What is the mission statement of Bizworks Enterprise Center?

The Bizworks Enterprise Center's mission is to foster the growth of new and emerging businesses, contributing to the economic prosperity of an unspecified location by creating jobs and attracting capital investment. This is accomplished through the provision of mentorship, access to business resources, flexible office and warehouse space, and shared administrative services. The organization's goal is to support these businesses, thereby bolstering the local economy.


Official website here: www.bizworkscenter.org

Who is the CEO of Bizworks Enterprise Center?

Tanner Collins Jr is the Executive Di of Bizworks Enterprise Center.


Official website here: www.bizworkscenter.org

What is the revenue of Bizworks Enterprise Center?

Bizworks Enterprise Center's revenue in 2023 was $347,812.


Official website here: www.bizworkscenter.org

Who are the executives of Bizworks Enterprise Center and what are their salaries?

The average compensation at Bizworks Enterprise Center during 2023 was $51,539. There are 3 employees and 183 volunteers at Bizworks Enterprise Center.


Here are 10 key members and their salaries:


Tanner Collins Jr (Executive Di)
  • Compensation: $77,616
  • Related: $0
  • Other: $0
Doug Carleton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Younce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latisha Jenkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Kozusko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Nitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Swed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Neale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nury Mojica (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bizworkscenter.org

Where can I find the form 990 for Bizworks Enterprise Center?

Bizworks Enterprise Center's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bizworkscenter.org

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

Mission Statement of Bizworks Enterprise Center

Bizworks Enterprise Center, as an organization, is dedicated to nurturing new and emerging businesses that significantly contribute to the economic prosperity of a specific county. This is achieved by creating job opportunities and attracting capital investment. The center provides essential support to these emerging businesses by offering mentorship, access to valuable business resources, flexible office and warehouse space, and shared administrative services. By doing so, Bizworks Enterprise Center plays a crucial role in fostering the growth and success of these new ventures, ultimately contributing to the overall economic health of the community.

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Impact




October, 2024

Bizworks Enterprise Center significantly enhances the economic vitality of Chesterfield County by nurturing new and emerging businesses. Its impact is evident in several key areas:

1. **Job Creation**: By supporting startups and growing enterprises, Bizworks helps create job opportunities, contributing to lower unemployment rates and fostering a healthier local economy.

2. **Capital Investment**: The center aids businesses in attracting investment, which not only bolsters their growth but also brings additional resources into the community, leading to broader economic benefits.

3. **Mentorship and Resources**: Entrepreneurs gain access to valuable mentorship and essential business resources, enabling them to navigate challenges more effectively and scale their operations successfully.

4. **Flexible Workspaces**: By offering flexible office and warehouse space, Bizworks lowers the barriers to entry for new businesses, allowing them to conserve capital and remain agile in their early stages.

5. **Shared Services**: The provision of shared administrative services helps reduce overhead costs for startups, allowing them to focus more on their core operations and growth strategies.

Overall, Bizworks Enterprise Center plays a crucial role in cultivating a vibrant business ecosystem in Chesterfield County, driving innovation, employment, and economic resilience.




This information is meant to be a general summary of Bizworks Enterprise Center. 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
$347,812 (2023)
Expenses
$350,278 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $137,561
  • Gross Receipts: $347,812

Assets and Liabilities:

  • Total Assets: $187,132
  • Total Liabilities: $10,789
  • Net Assets: $176,343

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUBLET OFFICE/WAREHOUSE

Revenue

$137,211

APPLICATION FEE

Revenue

$350

Organization Details

Founding Year

2011

Principal Officer

Tanner Collins Jr

Main Address

2545 BELLWOOD ROAD, RICHMOND, VA, 23237

NTEE Category

Code: S41 - Community improvement

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