Overview
What is Neighborhood Self Employment Initiative Inc?
Neighborhood Self Employment Initiative Inc, operating as the Business Ownership Initiative of Indiana Inc, is a nonprofit organization based in Indianapolis, Indiana. Their primary mission is to empower local residents to establish and grow businesses by offering a range of resources and support. This includes personalized business coaching, free of charge, provided by qualified professionals. They also offer business training workshops and online courses, covering various topics such as marketing and financial analysis. Furthermore, the organization offers micro loans ranging from $1,000 to over $100,000 for start-ups and existing businesses. Their Women's Business Center, a collaborative program with the U.S. Small Business Administration, specifically supports women entrepreneurs, providing education, resources, and access to capital. With a team of 9 individuals, the Business Ownership Initiative of Indiana Inc is committed to fostering business growth and success in the Central Indiana metropolitan area.
Official website here: www.businessownership.org
Is Neighborhood Self Employment Initiative Inc legitimate?
Neighborhood Self Employment Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Self Employment Initiative 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: $36,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $589,721
For more financial information, click here
Official website here: www.businessownership.org
What is the mission statement of Neighborhood Self Employment Initiative Inc?
The Neighborhood Self Employment Initiative Inc is dedicated to assisting individuals in Central Indiana in starting and growing their own businesses. They accomplish this through various means, such as offering one-on-one coaching, conducting workshops, and providing access to capital. The organization's mission extends to Indiana's business ownership initiative, which aims to support emerging and existing business owners in the nine-county Indianapolis metropolitan area. Their services include micro-lending, business training classes and workshops, one-on-one business counseling, life coaching, mentoring, and assistance in securing financial resources.
Official website here: www.businessownership.org
What is the revenue of Neighborhood Self Employment Initiative Inc?
Neighborhood Self Employment Initiative Inc's revenue in 2022 was $848,057.
Official website here: www.businessownership.org
Who are the executives of Neighborhood Self Employment Initiative Inc and what are their salaries?
The average compensation at Neighborhood Self Employment Initiative Inc during 2022 was $69,549. There are 9 employees and 30 volunteers at Neighborhood Self Employment Initiative Inc.
Here are 13 key members and their salaries:
- Richard Louis Proctor Ii (Ed Of Entrepreneur Services (Until 3/2/22))
- Drew Linn (Board Chair) [Trustee/Director]
- Michele Lorbieski (Vice Chair) [Trustee/Director]
- Patty Prosser (Secretary) [Trustee/Director]
- Altaf Hussain (Board Member) [Trustee/Director]
- Andrea Mcgordon (Board Member) [Trustee/Director]
- Bill Bower (Board Member) [Trustee/Director]
- Erica Williams (Board Member) [Trustee/Director]
- Mathew Foley (Board Member) [Trustee/Director]
- Nashelle Frazier (Board Member) [Trustee/Director]
- Ron Senci (Board Member) [Trustee/Director]
- Scott Ransburg (Board Member) [Trustee/Director]
- Stacie Porter Bilger (Board Member) [Trustee/Director]
Official website here: www.businessownership.org
Where can I find the form 990 for Neighborhood Self Employment Initiative Inc?
The Neighborhood Self Employment Initiative Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.businessownership.org
Learn more at the official website: www.businessownership.org
Mission Statement of Neighborhood Self Employment Initiative Inc
Neighborhood Self Employment Initiative Inc, a mission-driven organization, is dedicated to assisting individuals in Central Indiana in growing and launching their own businesses. They achieve this through a range of services, including one-on-one coaching, workshops, and access to capital. This business ownership initiative in Indiana aims to support both emerging and established business owners within the nine-county Indianapolis metropolitan area. The services they offer are comprehensive, encompassing micro lending, business-training classes and workshops, one-to-one business counseling, life coaching, mentoring, and assistance in locating and obtaining financial resources.
Impact
This information is meant to be a general summary of Neighborhood Self Employment Initiative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Neighborhood Self Employment Initiative Inc, also known as the Business Ownership Initiative (BOI), has a significant impact on Central Indiana by helping individuals grow and launch their own businesses. Through free one-to-one coaching, workshops, and access to capital, BOI supports first-time entrepreneurs, startup business developers, and small business veterans in realizing their entrepreneurial dreams. Specifically, the Central Indiana Women's Business Center (CIWBC) empowers women entrepreneurs by providing educational resources and access to capital, in partnership with the U.S. Small Business Administration.
Moreover, BOI's business coaching and training services, offered in both English and Spanish, equip entrepreneurs and small business owners with the necessary skills and knowledge to succeed in their ventures. The provision of micro loans ranging from $1,000 to $100,000+ further enables start-ups and existing businesses to secure the financial resources needed for growth and sustainability.
Overall, Neighborhood Self Employment Initiative Inc's commitment to fostering entrepreneurship and providing essential support services contributes to the economic development and empowerment of Central Indiana communities, making a positive impact on the region.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE CONTRACT REVENUE
Revenue
$130,936
INTEREST INCOME FROM MICROLOANS
Revenue
$202,778
Organization Details
Founding Year
1997
Phone
(317) 464-2258
Main Address
111 Monument Circle 1950, Indianapolis, IN, 46204
Website
www.businessownership.org
NTEE Category
Code: S20 - Community improvement
If you are a representative of Neighborhood Self Employment Initiative 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.