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Waco Entrepreneurial Ecosystem Collaborativeinc

Start Up Waco

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

EIN: 822094253 ✦ Waco, TX ✦ Designated as a 501(c)(3)

Overview

What is Waco Entrepreneurial Ecosystem Collaborativeinc?

Waco Entrepreneurial Ecosystem Collaborativeinc, or Startup Waco as it's commonly known, is a Texas-based nonprofit organization situated in Waco, with a mission to foster innovation and entrepreneurship in Central Texas. Established through cross-sector partnerships, its primary goal is to uplift Waco as a hub for business innovation. To achieve this, Startup Waco operates a coworking accelerator space in downtown Waco and provides programming tailored to three groups of entrepreneurs: local business owners, high-growth startups, and students. With a team of seven dedicated individuals, they strive to empower entrepreneurs and innovators, helping them build and grow successful businesses, thereby contributing to the overall economic growth of the region.


Official website here: www.startupwaco.com

Is Waco Entrepreneurial Ecosystem Collaborativeinc legitimate?

Waco Entrepreneurial Ecosystem Collaborativeinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waco Entrepreneurial Ecosystem Collaborativeinc 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: $123,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,284

For more financial information, click here


Official website here: www.startupwaco.com

What is the mission statement of Waco Entrepreneurial Ecosystem Collaborativeinc?

The Waco Entrepreneurial Ecosystem Collaborativeinc, a Texas-based nonprofit organization, is driven by cross-sector collaborations with the aim of leading entrepreneurial support efforts. Their mission is to elevate their area as a hub for business innovation. They accomplish this by building the entrepreneurial ecosystem of Central Texas, encouraging a culture of innovation, and empowering entrepreneurs and innovators to establish and grow successful businesses. To achieve this goal, the organization operates a coworking accelerator space and delivers programming tailored to three main groups of entrepreneurs: local business owners, high-growth startups, and students.


Official website here: www.startupwaco.com

Who is the CEO of Waco Entrepreneurial Ecosystem Collaborativeinc?

Jon Passavant is the Board Chair of Waco Entrepreneurial Ecosystem Collaborativeinc. The CEO's salary of Waco Entrepreneurial Ecosystem Collaborativeinc is $123,311 and their total compensation is $142,093.


Official website here: www.startupwaco.com

What is the revenue of Waco Entrepreneurial Ecosystem Collaborativeinc?

Waco Entrepreneurial Ecosystem Collaborativeinc's revenue in 2022 was $1,333,284.


Official website here: www.startupwaco.com

Who are the executives of Waco Entrepreneurial Ecosystem Collaborativeinc and what are their salaries?

The average compensation at Waco Entrepreneurial Ecosystem Collaborativeinc during 2022 was $34,085. There are 7 employees and 185 volunteers at Waco Entrepreneurial Ecosystem Collaborativeinc.

Here are 14 key members and their salaries (Waco Entrepreneurial Ecosystem Collaborativeinc's CEO's salary is $123,311 and their total compensation is $142,093):

    Jon Passavant (Ceo)
  • Compensation: $123,311
  • Related: $0
  • Other: $18,782

    • Ashley Allison (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Barefield (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kris Collins (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fernando Arroyo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherman Ayres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Pate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Weldon Ratliff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfred Solano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ladainian Tomlinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Vickers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Roberts (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leah Jackson-Teague (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.startupwaco.com

    Where can I find the form 990 for Waco Entrepreneurial Ecosystem Collaborativeinc?

    The Waco Entrepreneurial Ecosystem Collaborativeinc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.startupwaco.com

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

    Mission Statement of Waco Entrepreneurial Ecosystem Collaborativeinc

    Waco Entrepreneurial Ecosystem Collaborativeinc, a Texas-based nonprofit organization, is driven by cross-sector partnerships with a mission to spearhead Waco's entrepreneurial support efforts. The organization aspires to elevate Waco as a hub for business innovation. By fostering a culture of innovation, Waco Entrepreneurial Ecosystem Collaborativeinc empowers local business owners, high-growth startups, and students to build and grow successful businesses within the entrepreneurial ecosystem of Central Texas. The nonprofit achieves this goal by operating a coworking accelerator space in downtown Waco and delivering programming tailored to these three groups of entrepreneurs.

    Impact

    This information is meant to be a general summary of Waco Entrepreneurial Ecosystem Collaborativeinc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The impact of Waco Entrepreneurial Ecosystem Collaborativeinc (often referred to as Startup Waco) can be seen in the vibrant growth of the entrepreneurial ecosystem in Central Texas. By providing a collaborative space, programming, and support for local business owners, high-growth startups, and students, Startup Waco is empowering entrepreneurs and innovators to build and grow successful businesses. Through the fostering of a culture of innovation and the elevation of Waco as a hub for business innovation, Startup Waco is actively contributing to the economic development and overall community improvement of the city.





    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: $98,376
  • Gross Receipts: $1,379,205

    • Assets and Liabilities:
  • Total Assets: $701,978
  • Total Liabilities: $103,708
  • Net Assets: $598,270
  • Programs

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

    WORK SPACE RENTAL

    Revenue

    $98,376

    Organization Details

    Founding Year

    2017

    Principal Officer

    Jon Passavant

    Main Address

    605 AUSTIN AVENUE, WACO, TX, 76701

    NTEE Category

    Code: S30 - Community improvement

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