The Enterprise Center Capital Corporation

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

EIN: 270022215 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is The Enterprise Center Capital Corporation?

The Enterprise Center Capital Corporation, located in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to providing financial and technical assistance to businesses within emerging markets. They focus on helping minority- and women-owned businesses, as well as those situated in urban low-income communities. Their mission is to offer debt and equity capital that businesses need to start, grow, and succeed. With a team of ten employees, they make a significant impact on the local business landscape.


Official website here: www.theenterprisecenter.com

Is The Enterprise Center Capital Corporation legitimate?

The Enterprise Center Capital Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Enterprise Center Capital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $321,236

For more financial information, click here


Official website here: www.theenterprisecenter.com

What is the mission statement of The Enterprise Center Capital Corporation?

The Enterprise Center Capital Corporation is dedicated to helping businesses access the capital they require to thrive and expand. Its mission encompasses providing both debt and equity financing to support businesses in their growth journey. The organization focuses on assisting enterprises in emerging markets, particularly those owned by minorities and women, and those situated in low-income urban communities. Through its financial and technical assistance, The Enterprise Center Capital Corporation plays a crucial role in fostering economic development and fostering business success.


Official website here: www.theenterprisecenter.com

Who is the CEO of The Enterprise Center Capital Corporation?

Della Clark is the Director of The Enterprise Center Capital Corporation.


Official website here: www.theenterprisecenter.com

What is the revenue of The Enterprise Center Capital Corporation?

The Enterprise Center Capital Corporation's revenue in 2022 was $13,256,073.


Official website here: www.theenterprisecenter.com

Who are the executives of The Enterprise Center Capital Corporation and what are their salaries?

The average compensation at The Enterprise Center Capital Corporation during 2022 was $32,124. There are 10 employees and 10 volunteers at The Enterprise Center Capital Corporation.

Here are 5 key members and their salaries:

    Della Clark (President)
  • Compensation: $0
  • Related: $347,500
  • Other: $7,948

    • Ian Lawrence (Senior Director)
  • Compensation: $25,000
  • Related: $80,472
  • Other: $0

    • Harold Glass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Cherry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theenterprisecenter.com

    Where can I find the form 990 for The Enterprise Center Capital Corporation?

    The The Enterprise Center Capital Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.theenterprisecenter.com

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

    Mission Statement of The Enterprise Center Capital Corporation

    The Enterprise Center Capital Corporation, a key player in the business world, is dedicated to providing the essential debt and equity capital that businesses require to thrive and expand. With a focus on emerging markets, this organization extends its support to businesses owned by women and minorities, as well as those situated within urban low-income communities.

    By offering financial and technical assistance, The Enterprise Center Capital Corporation empowers businesses to grow and succeed. Their mission is twofold: to bridge the funding gap for businesses in need and to foster economic development. Through strategic investments, they help businesses overcome financial hurdles and reach new heights. By doing so, they contribute to the overall economic growth and stability of the communities they serve.

    In essence, The Enterprise Center Capital Corporation functions as a catalyst for business growth. They provide crucial capital that enables businesses to start, expand, and ultimately succeed, thus contributing to the economic vitality of the communities they inhabit. This mission is not just about numbers and figures, but about empowering individuals and communities to reach their full potential.

    Impact

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




    Thursday, August 15, 2024

    The Enterprise Center Capital Corporation has a significant impact on community improvement by providing vital financial and technical assistance to businesses within emerging markets. By offering debt and equity capital, The Enterprise Center Capital Corporation plays a crucial role in helping businesses start, grow, and succeed, particularly minority- and women-owned businesses, as well as those located within urban low-income communities. Through their mission-driven efforts in Philadelphia, PA, The Enterprise Center Capital Corporation contributes to economic development and empowerment within underserved areas, fostering entrepreneurship and creating opportunities for sustainable growth and prosperity.





    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: $0
  • Program Service Revenue: $10,954,276
  • Gross Receipts: $13,256,073

    • Assets and Liabilities:
  • Total Assets: $58,942,759
  • Total Liabilities: $45,707,101
  • Net Assets: $13,235,658
  • Programs

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

    CLIENT & SERVICE FEES

    Revenue

    $9,940,460

    PROGRAM LOAN INTEREST

    Revenue

    $824,176

    OTHER PROGRAM INCOME

    Revenue

    $189,640

    Organization Details

    Founding Year

    2002

    Principal Officer

    Della Clark

    Main Address

    4548 MARKET STREET, PHILADELPHIA, PA, 19139

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of The Enterprise Center Capital 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.