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Business Resource And Investment Service Center Inc

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

EIN: 133925609 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Business Resource And Investment Service Center Inc?

Business Resource and Investment Service Center Inc, situated in New York City, is a nonprofit organization that aims to assist eligible businesses situated within the Upper Manhattan Empowerment Zone. Their primary mission is to offer financial aid to these businesses in the form of loans and business advisory services. This assistance is designed to support and strengthen the growth of these businesses within the specified area.


Official website here: www.umez.org

Is Business Resource And Investment Service Center Inc legitimate?

Business Resource And Investment Service Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Resource And Investment Service Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,496

For more financial information, click here


Official website here: www.umez.org

What is the mission statement of Business Resource And Investment Service Center Inc?

The Business Resource and Investment Service Center Inc's mission is to extend financial aid to eligible businesses. Specifically, they provide loans and business advisory services to eligible businesses situated in an empowerment zone, located in Upper Manhattan. Their goal is to empower these businesses by offering them the necessary financial support to grow and thrive. The center aims to contribute to the economic development of the community by fostering business growth and success. They may also offer additional resources or guidance to help these businesses navigate the challenges they face.


Official website here: www.umez.org

Who is the CEO of Business Resource And Investment Service Center Inc?

Blair M Duncan is the Director of Business Resource And Investment Service Center Inc.


Official website here: www.umez.org

What is the revenue of Business Resource And Investment Service Center Inc?

Business Resource And Investment Service Center Inc's revenue in 2022 was $1,200,052.


Official website here: www.umez.org

Who are the executives of Business Resource And Investment Service Center Inc and what are their salaries?

Here are 19 key members and their salaries:

    Blair M Duncan (Executive Director)
  • Compensation: $0
  • Related: $525,932
  • Other: $73,500

    • Gaffar Mohamed (Cfo (Outgoing))
  • Compensation: $0
  • Related: $147,470
  • Other: $77

    • Amir Kirkwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Patrick Iii (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chelsea Strickland (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eleazar F Bueno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harriet Michel (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph J Johnson Iii (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin G Chavers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Downing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maurine Knighton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Smart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikisha Alcindor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Georgiette Morgan-Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sabrina Stratton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Eyring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Xavier Santiago (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.umez.org

    Where can I find the form 990 for Business Resource And Investment Service Center Inc?

    The Business Resource And Investment Service Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.umez.org

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

    Mission Statement of Business Resource And Investment Service Center Inc

    Business Resource and Investment Service Center Inc is dedicated to providing financial aid to eligible businesses situated in Upper Manhattan. Their primary mission is to extend financial assistance to these businesses in the form of loans and business advisory services. This nonprofit organization aims to empower these businesses by offering them the necessary financial support, thereby contributing to the economic growth and development of the business community in Upper Manhattan.

    Impact

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




    Thursday, August 15, 2024

    Business Resource And Investment Service Center Inc's impact is significant in providing financial assistance to eligible businesses in Upper Manhattan. By offering loans and business advisory services, they empower businesses located in the Upper Manhattan Empowerment Zone to thrive and grow. This support not only helps individual businesses succeed but also contributes to the overall economic development and vitality of the community. By focusing on supporting businesses in this specific region, they play a crucial role in driving community improvement and fostering economic opportunities in Upper Manhattan.





    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: $8,178
  • Program Service Revenue: $57,996
  • Gross Receipts: $1,200,052

    • Assets and Liabilities:
  • Total Assets: $4,946,287
  • Total Liabilities: $2,334,157
  • Net Assets: $2,612,130
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $57,996

    Organization Details

    Founding Year

    1995

    Principal Officer

    Blair M Duncan

    Main Address

    55 WEST 125TH STREET 11TH FLOOR, NEW YORK, NY, 10027

    NTEE Category

    Code: S20Z - Community improvement

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