Overview
What is Usbc Economic Development Corporation?
Usbc Economic Development Corporation is a nonprofit organization situated in Washington, D.C., specifically at 1001 Connecticut Ave NW STE 504. Their primary mission is to aid local Black Chambers of Commerce nationwide in promoting small business development and growth. They also serve as a voice for the business interests of African American businesses across the United States. The organization provides valuable technical and educational assistance to business owners and aspiring entrepreneurs, as well as distributes micro-grants to external organizations throughout the year, contributing to community development and growth. With a modest workforce of four employees, Usbc Economic Development Corporation is committed to empowering and supporting African American businesses.
Is Usbc Economic Development Corporation legitimate?
Usbc Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usbc Economic Development Corporation 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: $923,654
For more financial information, click here
What is the mission statement of Usbc Economic Development Corporation?
The U.S.BC Economic Development Corporation was established with a mission to aid local Black Chambers of Commerce nationally in fostering small business development and growth. The organization's primary goal is to advocate for the business interests of African American businesses across the United States. Through their efforts, they offer technical and educational assistance to business owners and aspiring entrepreneurs. Furthermore, the corporation provides micro-grants to external organizations throughout the year, contributing to the growth and development of these businesses.
What is the revenue of Usbc Economic Development Corporation?
Usbc Economic Development Corporation's revenue in 2023 was $3,266,528.
Who are the executives of Usbc Economic Development Corporation and what are their salaries?
The average compensation at Usbc Economic Development Corporation during 2023 was $126,584.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Usbc Economic Development Corporation?
Usbc Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Usbc Economic Development Corporation
The Usbc Economic Development Corporation, as established, aims to aid local Black Chambers of Commerce nationwide in fostering the growth and development of small businesses owned by African Americans. This organization serves as a robust advocate for the business interests of the African American community across the United States. In carrying out its mission, the Usbc Economic Development Corporation offers technical and educational assistance to business owners and prospective entrepreneurs. Furthermore, the organization extends micro-grants to external organizations throughout the year, demonstrating its commitment to supporting the development and expansion of African American businesses.
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Impact
July, 2024
Usbc Economic Development Corporation's impact has been significant in supporting local Black Chambers of Commerce nationwide and advocating for the business interests of African American businesses across the United States. Through providing technical and educational assistance to business owners and aspiring entrepreneurs, as well as distributing micro-grants to external organizations, the organization has played a vital role in fostering small business development and growth within the African American community.
This information is meant to be a general summary of Usbc Economic Development Corporation. 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 2023.
- Gross Receipts: $3,266,528
Assets and Liabilities:
- Total Assets: $4,616,412
- Total Liabilities: $369,914
- Net Assets: $4,246,498
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Organization Details
Founding Year
2013
Principal Officer
Ronald Busby
NTEE Category
Code: B90 - Education
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