Midcity Accelerator Foundation Inc

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

EIN: 854102045 ✦ Huntsville, AL ✦ Designated as a 501(c)(3)

Overview

What is Midcity Accelerator Foundation Inc?

Midcity Accelerator Foundation Inc. is a 501 C 3 nonprofit organization based in Alabama, committed to fostering economic development. Their primary mission is to facilitate community investment and nurture local business ecosystems, aiming to promote productivity, innovation, and job opportunities for all entrepreneurs, irrespective of their race, place, or gender. They achieve this through their partnership with gener8tor, a program that provides funding and resources to support the growth of the entrepreneurial ecosystem.


Is Midcity Accelerator Foundation Inc legitimate?

Midcity Accelerator Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midcity Accelerator Foundation 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: $0

For more financial information, click here


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

Mission Statement of Midcity Accelerator Foundation Inc

Midcity Accelerator Foundation Inc, a 501(c)3 organization based in Alabama, is dedicated to fostering community investment and nurturing local business ecosystems. Their mission is centered around growing the entrepreneurial landscape, aiming to boost productivity, innovation, and job opportunities. The foundation is committed to providing equal chances for entrepreneurs, regardless of their racial background, location, or gender. By facilitating this environment, Midcity Accelerator Foundation Inc aspires to contribute to a thriving and inclusive economic development scene.

Impact

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




Saturday, July 20, 2024

Midcity Accelerator Foundation Inc's impact can be seen in the growth and development of local business ecosystems in Huntsville, Alabama. By focusing on fostering the entrepreneurial ecosystem, the foundation is working towards increasing productivity, promoting innovation, and creating job opportunities for individuals in the community. Through programs like funding gener8tor, Midcity Accelerator Foundation Inc is dedicated to providing opportunities for all entrepreneurs, without regard to race, location, or gender. This commitment to community improvement is driving positive change and economic development in Huntsville.





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: $0
  • Gross Receipts: $963,000

    • Assets and Liabilities:
  • Total Assets: $1,045
  • Total Liabilities: $6,042
  • Net Assets: -$4,997
  • Organization Details

    Founding Year

    2020

    Principal Officer

    Alan Duncan

    Main Address

    920 BOB WALLACE AVE SW 320, HUNTSVILLE, AL, 35801

    NTEE Category

    Code: S31 - Community improvement

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