Greater Springfield Businessfoundation Inc
- Assets
- $881.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 20-5465447
Organization Overview
Greater Springfield Businessfoundation Inc is located in Springfield, MA. The organization was established in 2008. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Springfield Businessfoundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Greater Springfield Businessfoundation Inc generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (30.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FUNDING FOR LEADERSHIP (EDUCATIONAL) PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Creed President | 0.5 | $0 | |
Russell F Denver Clerk, Director | 0.5 | $0 | |
Roberto Nieves Treasurer, Director | 0.5 | $0 | |
Hayley Dunn Director | 0.5 | $0 | |
Barbara-Jean Deloria Director | 0.5 | $0 | |
Ellen Cummings Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $2,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $881 |
| Other assets | $0 |
| Total assets | $881 |
| Total liabilities | $0 |
| Net assets or fund balances | $881 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Greater Springfield Businessfoundation Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: SPRINGFIELD WORKS - STRATEGIC COMMUNICATION | $6,000 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: SPRINGFIELD WORKS - STRATEGIC COMMUNICATION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Object Management Group Inc Milford, MA | $2,365,622 | $6,803,088 |
New York City Industrial Technology Assistance Corporation New York, NY | $2,890,075 | $3,091,612 |
Metro Iaf Inc Jamaica, NY | $14,740,906 | $11,706,994 |
Long Island Builders Institute Inc Islandia, NY | $791,681 | $1,652,443 |
Callahan Management Training Center Inc Syracuse, NY | $786,025 | $1,731,889 |
Builders Exchange Inc Rochester, NY | $3,756,209 | $1,721,485 |
Vision Ed Inc Brooklyn, NY | $327,242 | $1,213,822 |
Empire State Supervisors & Administrators Association Lincolndale, NY | $610,477 | $805,943 |
International Caterers Association Educational Foundation Staten Island, NY | $957,406 | $726,001 |
Vermont Fuel Dealers Association Berlin, VT | $796,983 | $550,367 |
Continuum Management Corporation New Haven, CT | $7,811,943 | $599,107 |
Metropolitan Business Network Inc rd Ave New York, NY | $232,441 | $208,000 |