New England Business Growth Collective Inc
AI Summary
New England Business Growth Collective Inc is a nonprofit organization dedicated to supporting minority-owned businesses by facilitating connections between minority suppliers and major purchasers, thereby broadening the base of minority enterprises. With an operating budget of $1.7 million and total revenue of $1.9 million for the 2024 filing year, the organization relies on significant funding from sources such as Boston Foundation, Inc and FAIRFIELD COUNTY'S COMMUNITY FOUNDATION INC. The organization does not depend on a single funder for 50% or more of its revenue. More information can be found on their website at www.gnemsdc.org.
Mission Statement
Assisting minority owned companies in establishing and promoting their business by fostering business relationships between minority suppliers and major purchasers and to broaden the base of minority businesses.
Cause Areas
1
Entrepreneurship
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is New England Business Growth Collective Inc’s budget?
In 2024, New England Business Growth Collective Inc reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does New England Business Growth Collective Inc support?
New England Business Growth Collective Inc supports work in Entrepreneurship.
Where does New England Business Growth Collective Inc operate?
New England Business Growth Collective Inc is headquartered in New Haven, CT.
Who funded New England Business Growth Collective Inc recently?
In 2019, New England Business Growth Collective Inc received grants from Boston Foundation, Inc, YALE NEW HAVEN HOSPITAL, and FAIRFIELD COUNTY'S COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant New England Business Growth Collective Inc received in 2019?
The largest grant to New England Business Growth Collective Inc in 2019 exceeds $20 thousand.
What is New England Business Growth Collective Inc’s reliance on government grants?
New England Business Growth Collective Inc relied on government grants for more than 35% of their total revenue in 2024.