Overview
What is National Institute Of Minority Economic Development?
The National Institute of Minority Economic Development, situated primarily in North Carolina and Virginia, is a nonprofit organization with a mission to boost economic self-sufficiency among women. Based in various locations such as Raleigh-Durham, Charlotte, Richmond, and Greensboro, they achieve this goal through their Women's Business Centers (WBCs). These centers are funded partly by the U.S. Small Business Administration, aiming to empower women in both urban and rural communities through entrepreneurship. The organization's broader objective is to enhance the economic opportunities and assets of diverse populations, achieved through policy, education, and various initiatives. With a staff of 51 dedicated individuals, the National Institute of Minority Economic Development is committed to fostering a more equitable economic landscape for women.
Official website here: www.theinstitutenc.org
Is National Institute Of Minority Economic Development legitimate?
National Institute Of Minority Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Institute Of Minority Economic Development 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: $292,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,115,324
For more financial information, click here
Official website here: www.theinstitutenc.org
What is the mission statement of National Institute Of Minority Economic Development?
The National Institute of Minority Economic Development's mission is centered around enhancing the economic prospects of diverse populations. This is achieved through the implementation of policies, provision of education, and creation of economic opportunities. The institute aims to bolster the economic self-sufficiency of individuals, particularly women, in both urban and rural communities, primarily in North Carolina and Virginia. This is accomplished through entrepreneurship promotion, which is partly funded by the U.S. Small Business Administration Awards.
Official website here: www.theinstitutenc.org
Who is the CEO of National Institute Of Minority Economic Development?
Kevin J Price is the President/Ce of National Institute Of Minority Economic Development.
Official website here: www.theinstitutenc.org
What is the revenue of National Institute Of Minority Economic Development?
National Institute Of Minority Economic Development's revenue in 2022 was $6,397,874.
Official website here: www.theinstitutenc.org
Who are the executives of National Institute Of Minority Economic Development and what are their salaries?
The average compensation at National Institute Of Minority Economic Development during 2022 was $47,208. There are 51 employees at National Institute Of Minority Economic Development.
Here are 20 key members and their salaries:
- Kevin J Price (President/Ce)
- Kaye Gantt (Chief Op Off)
- Roberta Mccullough (Senior Vp Op)
- Angela Poole (Vp Of Financ)
- Stephen Sills (Vp Rpic)
- Tanya Branch (Chief Financ)
- Nikitra Bailey (Director)
- Dr Tyrone R Baines (Secretary) [Trustee/Director]
- Martin Eakes (Director)
- Ted Edwards (Director)
- Dr Edward Fort (Director)
- Karla Haynes (Director)
- Lori Jones-Gibbs (Former Vice) [Trustee/Director]
- Adam Klein (Director)
- Sue Malone (Treasurer) [Trustee/Director]
- Lewis H Myers (Chairman) [Trustee/Director]
- Troy Roberts (Director)
- Michael Suggs (Vice Chairma) [Trustee/Director]
- Thurman Smith (Director)
- Jeanne Tedrow (Director)
Official website here: www.theinstitutenc.org
Where can I find the form 990 for National Institute Of Minority Economic Development?
The National Institute Of Minority Economic Development’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.theinstitutenc.org
Learn more at the official website: www.theinstitutenc.org
Mission Statement of National Institute Of Minority Economic Development
The National Institute of Minority Economic Development, as outlined in the provided information, is dedicated to enhancing the economic well-being of diverse populations. This is achieved through a three-pronged strategy: policy, education, and economic opportunities. The organization's mission is to empower these diverse populations, fostering self-sufficiency and growth, particularly in both rural and urban communities.
The National Institute of Minority Economic Development strives to achieve its mission primarily through its Women's Business Centers, which are strategically located in various regions across North Carolina and Virginia, including Raleigh-Durham, Charlotte, Richmond, and Greensboro. These centers are partially funded by the U.S. Small Business Administration and play a crucial role in promoting entrepreneurship among women. By offering a supportive environment, the centers aim to help women in these communities achieve economic self-sufficiency.
Impact
This information is meant to be a general summary of National Institute Of Minority Economic Development. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The National Institute of Minority Economic Development, through its Women's Business Centers located in various cities, promotes economic self-sufficiency for women in North Carolina and Virginia. By providing entrepreneurship opportunities and resources, the organization plays a vital role in empowering diverse populations to build their asset base and achieve economic stability. The Institute's activities contribute to community improvement by fostering economic growth and self-reliance among underrepresented groups, ultimately leading to a more inclusive and prosperous society.
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.
CONTRACTS
Revenue
$711,484
PROGRAM FEES
Revenue
$104,954
Organization Details
Founding Year
1986
Phone
(919) 956-8889
Principal Officer
Kevin J Price
Main Address
POST OFFICE BOX 1331, DURHAM, NC, 27702
Website
www.theinstitutenc.org
NTEE Category
Code: S43 - Community improvement
If you are a representative of National Institute Of Minority Economic Development 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.