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Anewamerica Community Corporation

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

EIN: 943342658 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Anewamerica Community Corporation?

Anewamerica Community Corporation, established in Oakland, California, is a nonprofit organization dedicated to fostering economic empowerment for low-to-moderate income families and underserved communities. Their mission encompasses providing entrepreneurial training, counseling, and technical assistance. Through their initiatives, they have assisted over 700 individuals, helping to launch 50 new businesses primarily from underrepresented communities. With a team of six employees, Anewamerica focuses on asset building, business incubation, and community engagement, playing a significant role in promoting economic growth and opportunities in their target demographic.


Official website here: www.anewamerica.org

Is Anewamerica Community Corporation legitimate?

Anewamerica Community Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anewamerica Community 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: $117,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,255

For more financial information, click here


Official website here: www.anewamerica.org

What is the mission statement of Anewamerica Community Corporation?

AnewAmerica Community Corporation's mission is centered around economically empowering low to moderate income families and underserved communities. They achieve this through providing entrepreneurial training, counseling, and technical assistance. The corporation's focus is on asset building, business incubation, and community engagement. They have aided over 700 individuals by offering training and counseling services. Furthermore, they have facilitated the launch of around 50 new businesses, primarily for entrepreneurs hailing from underserved communities.


Official website here: www.anewamerica.org

Who is the CEO of Anewamerica Community Corporation?

Steven C Dial is the Principal Officer of Anewamerica Community Corporation. The CEO's salary of Anewamerica Community Corporation is $100,024 and their total compensation is $117,208.


Official website here: www.anewamerica.org

What is the revenue of Anewamerica Community Corporation?

Anewamerica Community Corporation's revenue in 2022 was $404,944.


Official website here: www.anewamerica.org

Who are the executives of Anewamerica Community Corporation and what are their salaries?

The average compensation at Anewamerica Community Corporation during 2022 was $63,910. There are 6 employees at Anewamerica Community Corporation.


Here are 5 key members and their salaries (Anewamerica Community Corporation's CEO's salary is $100,024 and their total compensation is $117,208):


Steven Dial (Ceo)
  • Compensation: $100,024
  • Related: $0
  • Other: $17,184
Derene Allen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Chretien (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Sullivan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vishu Lalchandani (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.anewamerica.org

Where can I find the form 990 for Anewamerica Community Corporation?

Anewamerica Community Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.anewamerica.org

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

Mission Statement of Anewamerica Community Corporation

AnewAmerica Community Corporation, a non-profit organization, is committed to uplifting economically disadvantaged households and underserved communities. They achieve this goal through their strategic approach of offering entrepreneurial training, counseling, and technical assistance. The mission of AnewAmerica is centered around empowering low to moderate income families by fostering an environment that encourages asset building, business incubation, and community engagement. This proactive approach not only equips individuals with the necessary skills to start their own businesses but also contributes to the overall vitality of their communities. To date, AnewAmerica has served over 700 individuals, guiding 50 of them in launching their entrepreneurial ventures, primarily within underserved communities.

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Impact




October, 2024

Anewamerica Community Corporation delivers significant economic empowerment to low to moderate-income households and underserved communities. Through its entrepreneurial training and counseling programs, Anewamerica has impacted over 700 individuals, equipping them with vital skills and resources needed to navigate the business landscape. This support has led to the successful launch of 50 new businesses, primarily by entrepreneurs from underserved backgrounds.

By focusing on asset building, business incubation, and community engagement, Anewamerica fosters sustainable economic growth and helps transform lives within Oakland, CA. Their initiatives not only promote individual entrepreneurial success but also contribute to strengthening the community as a whole. This comprehensive approach assists participants in overcoming barriers to entrepreneurship, creating pathways for greater financial stability and independence.




This information is meant to be a general summary of Anewamerica Community 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.

Revenue
$404,944 (2022)
Expenses
$626,884 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $283
  • Program Service Revenue: $5,047
  • Gross Receipts: $404,944

Assets and Liabilities:

  • Total Assets: $362,314
  • Total Liabilities: $14,069
  • Net Assets: $348,245

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Programs

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

Sponsorship for Webinars

Revenue

$5,047

Organization Details

Founding Year

1999

Principal Officer

Steven C Dial

Main Address

360 14th ST 5th FL, Oakland, CA, 94612

NTEE Category

Code: P840 - Human services

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