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Columbia Empowerment Zone Inc

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

EIN: 300479115 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

Overview

What is Columbia Empowerment Zone Inc?

Columbia Empowerment Zone Inc, located at 3200 Grand Street, Columbia, SC 29203, is a nonprofit organization with a mission to improve the lives of residents in targeted areas. They achieve this by providing training opportunities for unemployed and underemployed individuals, offering low-interest loans, and assisting qualifying businesses with tax credits. The ultimate goal is to foster job creation, career paths, business growth, and training within the community. Despite incurring significant expenses like attorney's fees, developer costs, and closing costs, Columbia Empowerment Zone Inc continues to dedicate its efforts towards community development and sustainable business growth.


Is Columbia Empowerment Zone Inc legitimate?

Columbia Empowerment Zone Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Empowerment Zone 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: $399,146

For more financial information, click here


What is the mission statement of Columbia Empowerment Zone Inc?
Who is the CEO of Columbia Empowerment Zone Inc?
What is the revenue of Columbia Empowerment Zone Inc?
Who are the executives of Columbia Empowerment Zone Inc and what are their salaries?
Where can I find the form 990 for Columbia Empowerment Zone Inc?

Mission Statement of Columbia Empowerment Zone Inc

Columbia Empowerment Zone, Inc. is an organization dedicated to improving the lives of residents in specific areas. They achieve this goal through various activities, such as training unemployed and underemployed individuals and offering low-interest loans to qualifying businesses. In addition, they assist businesses with tax credits to foster job creation, career paths, business growth, and training. The mission of Columbia Empowerment Zone, Inc. is to enhance the livelihoods of individuals in their target communities, aiming to empower them through job opportunities and business growth.

Impact

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




Thursday, August 15, 2024

Columbia Empowerment Zone Inc's impact includes implementing activities aimed at enhancing the lives of residents in targeted areas. This includes training unemployed and underemployed individuals, offering low-interest loans, and assisting businesses with tax credits to promote job creation, career paths, business growth, and training opportunities. The organization also acquires and manages property with the goal of creating jobs and sustainable businesses through partnerships with private companies. By focusing on these initiatives, Columbia Empowerment Zone Inc contributes to community improvement and economic development in Columbia, SC.





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: $43,054
  • Program Service Revenue: $300,155
  • Gross Receipts: $11,686,726

    • Assets and Liabilities:
  • Total Assets: $13,153,094
  • Total Liabilities: $1,566,308
  • Net Assets: $11,586,786
  • Programs

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

    PROGRAM SERVICE REVENUE

    Revenue

    $300,155

    Organization Details

    Founding Year

    2008

    Principal Officer

    Russell Mccoy

    Main Address

    3200 GRAND STREET, COLUMBIA, SC, 29203

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Columbia Empowerment Zone 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.