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Cooperative Business Assistance Corporation

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

EIN: 222807816 ✦ Camden, NJ ✦ Designated as a 501(c)(3)

Overview

What is Cooperative Business Assistance Corporation?

Cooperative Business Assistance Corporation is a dedicated economic development organization situated in Camden, New Jersey. Committed to fostering both economic growth and community advancement, it works tirelessly to promote prosperity in the area. The corporation's primary goal is to stimulate development and improve the overall well-being of the community.


Official website here: www.cbaclenders.com

Is Cooperative Business Assistance Corporation legitimate?

Cooperative Business Assistance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cooperative Business Assistance 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.

Here are some key statistics you may want to consider:

Executive Compensation: $572,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,989

For more financial information, click here


Official website here: www.cbaclenders.com

What is the mission statement of Cooperative Business Assistance Corporation?

The Cooperative Business Assistance Corporation, serving as an economic development organization, is committed to fostering both economic and community development. Their mission is geared towards improving the overall well-being of their community by implementing strategies that stimulate economic growth and enhance community livability. While specific details about their strategies and initiatives are not provided, it is clear that their purpose is to contribute positively to their community's economic and social progress.


Official website here: www.cbaclenders.com

Who is the CEO of Cooperative Business Assistance Corporation?

Steven M Winheld is the Cfo of Cooperative Business Assistance Corporation.


Official website here: www.cbaclenders.com

What is the revenue of Cooperative Business Assistance Corporation?

Cooperative Business Assistance Corporation's revenue in 2023 was $3,007,741.


Official website here: www.cbaclenders.com

Who are the executives of Cooperative Business Assistance Corporation and what are their salaries?

The average compensation at Cooperative Business Assistance Corporation during 2023 was $101,269. There are 10 employees at Cooperative Business Assistance Corporation.

Here are 12 key members and their salaries:

    Harry Stone (Pres/Non-Voting)
  • Compensation: $340,226
  • Related: $0
  • Other: $0

    • Steven M Winheld (Cfo)
  • Compensation: $135,500
  • Related: $0
  • Other: $0

    • Barbara Anne Gardnerhire-Mills (Compl/Engage Off)
  • Compensation: $116,523
  • Related: $0
  • Other: $0

    • Brian C Stone (Finance/Technical)
  • Compensation: $101,687
  • Related: $0
  • Other: $0

    • Adam Butter (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Boyle (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clarence Fullard Cpa (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reynold Cicalese Iii (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dj Adams (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Smith (Asst. Sec/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Tredinnick (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Viscusi (Secretary/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cbaclenders.com

    Where can I find the form 990 for Cooperative Business Assistance Corporation?

    The Cooperative Business Assistance Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.cbaclenders.com

    Learn more at the official website: www.cbaclenders.com

    Mission Statement of Cooperative Business Assistance Corporation

    Cooperative Business Assistance Corporation, an economic development organization, is dedicated to promoting both economic and community growth. Their mission, in simple terms, is to foster an environment that encourages prosperity and positively impacts the community. By focusing on economic development, this organization aims to create opportunities for growth and improvement, ultimately contributing to the betterment of the community as a whole.

    Impact

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




    Thursday, August 15, 2024

    Cooperative Business Assistance Corporation's impact is significant in fostering economic development and community improvement in Camden, NJ. Through its dedicated efforts, the organization plays a pivotal role in supporting local businesses, promoting job creation, and enhancing the overall economic well-being of the community. By providing valuable resources, guidance, and support to entrepreneurs and businesses, Cooperative Business Assistance Corporation helps stimulate growth and prosperity within Camden and its surrounding areas. The organization's commitment to economic and community development is making a tangible difference in the region, contributing to a more sustainable and vibrant local economy.





    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 2023.

  • Investment Income: $55,505
  • Program Service Revenue: $655,888
  • Gross Receipts: $3,007,741

    • Assets and Liabilities:
  • Total Assets: $27,073,706
  • Total Liabilities: $14,893,730
  • Net Assets: $12,179,976
  • Programs

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

    BUYDOWN INTEREST

    Revenue

    $61,137

    INTEREST ON LOANS

    Revenue

    $545,446

    LOAN FEES

    Revenue

    $4,906

    RECOVERY OF BAD DEBT

    Revenue

    $44,399

    Organization Details

    Founding Year

    1987

    Principal Officer

    Steven M Winheld

    Main Address

    328 MARKET STREET, CAMDEN, NJ, 08102

    NTEE Category

    Code: S43Z - Community improvement

    If you are a representative of Cooperative Business Assistance Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.