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Decatur-Morgan County Entrepreneurial Center Inc

E-Center

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

EIN: 272113883 ✦ Decatur, AL ✦ Designated as a 501(c)(3)

Overview

What is Decatur-Morgan County Entrepreneurial Center Inc?

Decatur-Morgan County Entrepreneurial Center Inc, commonly known as the E-Center, is a nonprofit organization situated at 1629 FOURTH AVENUE SE, DECATUR, AL 35601. The E-Center's primary mission is to inspire, energize, and empower new and small businesses, both as tenants and non-tenants, within its facility. By doing so, the organization aims to facilitate successful start-ups and continued growth for these businesses. With a team of four dedicated individuals, the E-Center serves as a supportive hub for entrepreneurs in the Decatur-Morgan County area.


Official website here: www.alabamaincubator.com

Is Decatur-Morgan County Entrepreneurial Center Inc legitimate?

Decatur-Morgan County Entrepreneurial Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Decatur-Morgan County Entrepreneurial 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: $222,624

For more financial information, click here


Official website here: www.alabamaincubator.com

What is the mission statement of Decatur-Morgan County Entrepreneurial Center Inc?

The Decatur-Morgan County Entrepreneurial Center Inc's mission is centered around encouraging, inspiring, and empowering new and small businesses, both as tenants and non-tenants of their facility. The primary objective is to facilitate a successful start-up and sustained growth for these businesses. The center provides an environment that encourages entrepreneurial spirit and offers resources to help businesses thrive. By offering support and guidance, the Entrepreneurial Center aims to contribute to the success of these businesses, fostering a vibrant and thriving business community.


Official website here: www.alabamaincubator.com

Who is the CEO of Decatur-Morgan County Entrepreneurial Center Inc?

Karockas Watkins is the President of Decatur-Morgan County Entrepreneurial Center Inc.


Official website here: www.alabamaincubator.com

What is the revenue of Decatur-Morgan County Entrepreneurial Center Inc?

Decatur-Morgan County Entrepreneurial Center Inc's revenue in 2022 was $1,014,855.


Official website here: www.alabamaincubator.com

Who are the executives of Decatur-Morgan County Entrepreneurial Center Inc and what are their salaries?

The average compensation at Decatur-Morgan County Entrepreneurial Center Inc during 2022 was $55,656. There are 4 employees and 12 volunteers at Decatur-Morgan County Entrepreneurial Center Inc.

Here are 18 key members and their salaries:

    Ronnie Hoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Youngblood (Past Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Didier (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Reeves (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Terry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karockas Watkins (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Saswati Biswas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Lawrence (President El) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brooks Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larkin Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Odom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Jeanne Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Yvette Rice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacob Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Waye (Member Emeri) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.alabamaincubator.com

    Where can I find the form 990 for Decatur-Morgan County Entrepreneurial Center Inc?

    The Decatur-Morgan County Entrepreneurial Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.alabamaincubator.com

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

    Mission Statement of Decatur-Morgan County Entrepreneurial Center Inc

    Decatur-Morgan County Entrepreneurial Center Inc is dedicated to inspiring, motivating, and empowering new and small businesses, both as tenants and non-tenants, within their facility. The primary objective of this organization is to ensure the successful launch and sustained growth of these businesses. By providing the necessary encouragement and enthusiasm, the Entrepreneurial Center aims to foster an environment conducive to business success.

    Impact

    This information is meant to be a general summary of Decatur-Morgan County Entrepreneurial Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Decatur-Morgan County Entrepreneurial Center Inc plays a crucial role in fostering the growth and success of new and small businesses in the Decatur area. By providing support and resources to both tenants and non-tenants of the E-Center facility, the organization empowers entrepreneurs to launch successful ventures and sustain their growth over time. This initiative significantly contributes to the economic development and vitality of the community by nurturing a thriving ecosystem of innovative businesses.





    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: $164,200
  • Gross Receipts: $1,014,855

    • Assets and Liabilities:
  • Total Assets: $1,057,395
  • Total Liabilities: $5,913
  • Net Assets: $1,051,482
  • Programs

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

    PROGRAM INCOME

    Revenue

    $164,200

    Organization Details

    Founding Year

    2010

    Principal Officer

    Karockas Watkins

    Main Address

    1629 FOURTH AVENUE SE, DECATUR, AL, 35601

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Decatur-Morgan County Entrepreneurial Center Inc 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.