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California Association For Microenterprise Opportunity

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

EIN: 943246306 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is California Association For Microenterprise Opportunity?

The California Association for Microenterprise Opportunity (CAMEO) is a dynamic network comprising 400 organizations, agencies, and individuals, located in San Francisco, California. Established in 1993, CAMEO has devoted its mission to strengthening the capacity of the industry and providing enhanced opportunities and resources for both member organizations and low-income communities through entrepreneurship. The organization served almost 200,000 small businesses in 2022. CAMEO's capacity-building programs, such as the CAMEO Academy and the CDFI Incubator, are integral drivers of growth, empowering its member organizations to better serve their communities. CAMEO also works to expand resources and foster supportive ecosystems, advocating for policy changes that promote a thriving business sector and building public awareness of its economic impacts. In essence, CAMEO's services aim to empower underserved entrepreneurs, equipping them with the necessary resources to succeed and contribute to family economic mobility and community prosperity. The organization's robust network of nonprofits offers business advising, training, coaching, and micro and small business loans to foster the creation and growth of thriving small businesses in underserved communities. With a team of 7 dedicated individuals, CAMEO continues to make a significant impact in the realm of entrepreneurship and community development.


Official website here: www.cameonetwork.org

Is California Association For Microenterprise Opportunity legitimate?

California Association For Microenterprise Opportunity is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Association For Microenterprise Opportunity 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: $189,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $533,184

For more financial information, click here


Official website here: www.cameonetwork.org

What is the mission statement of California Association For Microenterprise Opportunity?

The California Association for Microenterprise Opportunity (CAMEO) aims to establish a flourishing ecosystem that offers necessary resources to underserved entrepreneurs. This mission is geared towards ensuring that all entrepreneurs have the opportunity to succeed, thereby fostering family economic mobility and community prosperity. CAMEO achieves this by enhancing the capacity of the industry through programs like the CAMEO Academy and the CDFI Incubator. Additionally, CAMEO increases opportunities and resources for its member organizations and low-income communities through entrepreneurship. CAMEO also advocates for public policies that support the business sector and raises public awareness of its economic impacts. Overall, CAMEO's mission is to expand resources, foster ecosystems, and empower entrepreneurs in underserved communities.


Official website here: www.cameonetwork.org

Who is the CEO of California Association For Microenterprise Opportunity?

Carolina Martinez is the Ceo of California Association For Microenterprise Opportunity. The CEO's salary of California Association For Microenterprise Opportunity is $174,533 and their total compensation is $189,415.


Official website here: www.cameonetwork.org

What is the revenue of California Association For Microenterprise Opportunity?

California Association For Microenterprise Opportunity's revenue in 2022 was $3,836,904.


Official website here: www.cameonetwork.org

Who are the executives of California Association For Microenterprise Opportunity and what are their salaries?

The average compensation at California Association For Microenterprise Opportunity during 2022 was $103,228. There are 7 employees and 118 volunteers at California Association For Microenterprise Opportunity.

Here are 18 key members and their salaries (California Association For Microenterprise Opportunity's CEO's salary is $174,533 and their total compensation is $189,415):

    Carolina Martinez (Ceo) [Trustee/Director]
  • Compensation: $174,533
  • Related: $0
  • Other: $14,882

    • Heidi Pickman (Vp Programs)
  • Compensation: $126,853
  • Related: $0
  • Other: $16,982

    • Emily Gasner (Vp Strategic Init.)
  • Compensation: $105,251
  • Related: $0
  • Other: $1,583

    • Jesse Torres (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yery Olivares (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Herbert (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Horacio Mendez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmen Herrera-Mansir (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Baldev Birk (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Aquino (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Naima Mcqueen (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Swift (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vikita Poindexter (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randi Zeller (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Danielson (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julian Canete (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Johnson (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Caditz-Peck (At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cameonetwork.org

    Where can I find the form 990 for California Association For Microenterprise Opportunity?

    The California Association For Microenterprise Opportunity’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cameonetwork.org

    Learn more at the official website: www.cameonetwork.org

    Mission Statement of California Association For Microenterprise Opportunity

    California Association for Microenterprise Opportunity (CAMEO) is committed to establishing a flourishing environment of assistance for underprivileged entrepreneurs. Their mission is to ensure that all entrepreneurs, regardless of their background, have access to the necessary resources to succeed. This mission aims to foster family economic mobility and promote community prosperity.

    CAMEO achieves this mission by building the capacity of the industry and increasing opportunities and resources for its member organizations, as well as low-income communities. They do this through entrepreneurship. CAMEO's capacity building programs, such as the CAMEO Academy and the CDFI Incubator, are key drivers for growth within their member network. This network comprises nonprofit organizations that provide business advising, training, coaching, and micro and small business loans to advance the creation and growth of thriving small businesses in underserved communities.

    In summary, California Association for Microenterprise Opportunity's mission is to create a supportive environment for underprivileged entrepreneurs, providing them with the resources they need to succeed. This, in turn, fosters family economic mobility and community prosperity by building the capacity of the industry and increasing opportunities for low-income communities through entrepreneurship.

    Impact

    This information is meant to be a general summary of California Association For Microenterprise Opportunity. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, July 21, 2024

    California Association for Microenterprise Opportunity (CAMEO) has made a significant impact by serving almost 200,000 very small businesses in 2022. Through its capacity-building programs such as the CAMEO Academy and the CDFI Incubator, CAMEO has been instrumental in supporting the growth of the microenterprise industry since 1993. By providing resources, fostering ecosystems, and advocating for policies that support the business sector, CAMEO has helped advance the creation and growth of thriving small businesses in underserved communities. This has led to increased economic mobility for families and enhanced community prosperity. CAMEO's services, including business advising, training, coaching, and micro and small business loans, have contributed to the success of its robust member network of nonprofits and have raised public awareness of the economic impacts of supporting small businesses.





    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: $203
  • Program Service Revenue: $534,991
  • Gross Receipts: $3,836,904

    • Assets and Liabilities:
  • Total Assets: $4,592,387
  • Total Liabilities: $825,879
  • Net Assets: $3,766,508
  • Programs

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

    Membership dues

    Revenue

    $45,850

    Program fees

    Revenue

    $489,141

    Organization Details

    Founding Year

    1993

    Principal Officer

    Carolina Martinez

    Main Address

    Two Embarcadero Center 8th Floor, San Francisco, CA, 94111

    NTEE Category

    Code: S193 - Community improvement

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