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Harlem Business Alliance Inc

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

EIN: 133591350 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Harlem Business Alliance Inc?

Harlem Business Alliance Inc, located in New York City, is a nonprofit organization dedicated to empowering small growth potential entrepreneurs, particularly Black-owned businesses. Through a collaborative effort with TDX Construction Corporation and the NYC Metropolitan Transportation Authority's Small Business Development Program (SBDP), Harlem Business Alliance offers hands-on assistance, business management support, and intensive technical assistance. Their mission involves facilitating business creation, sustainability, and growth in New York City, utilizing culturally competent methods and innovative business education workshops. The organization has assisted over 50 businesses that have subsequently secured contracts, with a team of 10 dedicated employees.


Official website here: www.hbany.org

Is Harlem Business Alliance Inc legitimate?

Harlem Business Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harlem Business Alliance 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.

Here are some key statistics you may want to consider:

Executive Compensation: $120,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,893

For more financial information, click here


Official website here: www.hbany.org

What is the mission statement of Harlem Business Alliance Inc?

The Harlem Business Alliance Inc's mission is centered around supporting the development, stability, and expansion of businesses, with a particular focus on those owned by Black individuals. They accomplish this by offering intensive, culturally sensitive technical assistance, innovative business education workshops, and maintaining a business support center. The organization's objective is to empower these entrepreneurs, providing them with the necessary tools to succeed and grow their businesses. In collaboration with TDX Construction Corporation and the NYC Metropolitan Transportation Authority's Small Business Development Program, HBA provides hands-on assistance to minority and women-owned firms with a strong vision and ambition, ultimately helping over 50 of these businesses secure contracts.


Official website here: www.hbany.org

Who is the CEO of Harlem Business Alliance Inc?

Regina Smith is the Executive Director of Harlem Business Alliance Inc.


Official website here: www.hbany.org

What is the revenue of Harlem Business Alliance Inc?

Harlem Business Alliance Inc's revenue in 2022 was $653,673.


Official website here: www.hbany.org

Who are the executives of Harlem Business Alliance Inc and what are their salaries?

The average compensation at Harlem Business Alliance Inc during 2022 was $26,252. There are 10 employees at Harlem Business Alliance Inc.

Here are 10 key members and their salaries:

    Regina Smith (Executive Director)
  • Compensation: $91,100
  • Related: $0
  • Other: $0

    • Monique Hector (Executive Director)
  • Compensation: $29,528
  • Related: $0
  • Other: $0

    • Jason Benta (Chair Finance Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Woods (Chair Membership Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramona Grey-Harris (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George H Weldon Jr (2Nd Vice Chair Nominating Com) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark A Samuel (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Edwards (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Dais (1St Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrianne C Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hbany.org

    Where can I find the form 990 for Harlem Business Alliance Inc?

    The Harlem Business Alliance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hbany.org

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

    Mission Statement of Harlem Business Alliance Inc

    Harlem Business Alliance Inc, a nonprofit organization, is dedicated to facilitating the creation, sustainability, and growth of businesses, with a particular focus on Black-owned enterprises. They achieve this mission by offering intensive, culturally competent technical assistance and innovative business education workshops. Additionally, Harlem Business Alliance Inc provides a business support center to provide hands-on assistance to small growth potential entrepreneurs. The organization works with minority and women-owned firms that have the ambition to succeed and the need for support, using a training while doing approach. Through their efforts, they have assisted over 50 businesses that have since been awarded contracts.

    Impact

    This information is meant to be a general summary of Harlem Business Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Harlem Business Alliance Inc's impact can be seen in the significant support and resources it provides to Black-owned businesses in New York City. Through its intensive technical assistance programs, innovative business education workshops, and business support center, HBA has empowered over 50 businesses to succeed and secure contracts. By focusing on the creation, sustainability, and growth of NYC businesses, particularly those owned by Black entrepreneurs, HBA is making a tangible difference in the community and contributing to the economic empowerment of underrepresented groups.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $424
  • Program Service Revenue: $2,626
  • Gross Receipts: $653,673

    • Assets and Liabilities:
  • Total Assets: $757,221
  • Total Liabilities: $294,144
  • Net Assets: $463,077
  • Programs

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

    CREATIVE WORKSPACE

    Revenue

    $2,626

    Organization Details

    Founding Year

    1990

    Principal Officer

    Regina Smith

    Main Address

    275 LENOX AVENUE STE 2ND FL, NEW YORK, NY, 10027

    NTEE Category

    Code: S20Z - Community improvement

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