Business Advisers Of Cleveland
- Assets
- $357.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Cleveland, OH
- Founding
- 07/1959
- Data as of
- 09/2021
- EIN
- 34-0834384
Organization Overview
Business Advisers Of Cleveland is located in Cleveland, OH. The organization was established in 1959. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Business Advisers Of Cleveland employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Advisers Of Cleveland 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 09/2021, Business Advisers Of Cleveland generated $103.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $64.8k during the year ending 09/2021. 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 Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3
COUNSELING SESSIONS OFFERED TO CLIENTS WHO WISH TO LEARN MORE ABOUT BUSINESS PLANNING, ENTREPRENEURIAL CHALLENGES AND OPPORTUNITITES, AND HAVE UNPAID VOLUNTEER MEMBERS AVAILABLE FROM VARIOUS DISCIPLINES FOR ADVICE AND COUNSEL.
INTENSE MENTORING SERVICES PROVIDED TO CLIENTS BY UNPAID VOLUNTEER MEMBERS OR A COMMITTEE OF MEMBERS TO BUSINESSES DESIRING A MORE INTENSE ANALYSIS AND COUNSELING ENVIRONMENT..
OFFER BUSINESS INSTITUTE PROGRAMS IN CONNECTION WITH LUNCHEON MEETINGS. INVITED SPEAKERS ARE GENERALLY CLEVELAND AREA BUSINESS LEADERS WHO PRESENT AN INFORMATIVE PROGRAM TO MEMBERS AND GUESTS.
COUNSELING SESSIONS OFFERED TO CLIENTS WHO WISH TO LEARN MORE ABOUT BUSINESS PLANNING, ENTREPRENEURIAL CHALLENGES AND OPPORTUNITITES, AND HAVE UNPAID VOLUNTEER MEMBERS AVAILABLE FROM VARIOUS DISCIPLINES FOR ADVICE AND COUNSEL.
INTENSE MENTORING SERVICES PROVIDED TO CLIENTS BY UNPAID VOLUNTEER MEMBERS OR A COMMITTEE OF MEMBERS TO BUSINESSES DESIRING A MORE INTENSE ANALYSIS AND COUNSELING ENVIRONMENT..
OFFER BUSINESS INSTITUTE PROGRAMS IN CONNECTION WITH LUNCHEON MEETINGS. INVITED SPEAKERS ARE GENERALLY CLEVELAND AREA BUSINESS LEADERS WHO PRESENT AN INFORMATIVE PROGRAM TO MEMBERS AND GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michaela Kekedy Executive Director | 40 | $45,067 | |
John Nunnari Board Member | 0 | $0 | |
Robert Bathgate President | 4 | $0 | |
John Mcmillan Board Member | 2 | $0 | |
John Miller Secretary | 2 | $0 | |
Jim Lemay Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,302 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,425 |
| Investment income | $7,622 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $44,067 |
| Total Revenue | $103,416 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,000 |
| Professional fees and other payments to independent contractors | $1,100 |
| Occupancy, rent, utilities, and maintenance | $4,920 |
| Printing, publications, postage, and shipping | $154 |
| Other expenses | $15,674 |
| Total expenses | $64,848 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,129 |
| Other assets | $0 |
| Total assets | $357,039 |
| Total liabilities | $4,285 |
| Net assets or fund balances | $352,754 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Business Advisers Of Cleveland has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Bell Trust Tecumseh, MI PURPOSE: GENERAL SUPPORT | $250 |
Endowment Analysis
| Beg. Balance | $309,128 |
| Earnings | -$20,202 |
| Admin Expense | $8,000 |
| Net Contributions | $21,352 |
| Ending Balance | $302,278 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ben Franklin Technology Center Of Southeastern Pennsylvania Philadelphia, PA | $114,107,980 | $9,362,495 |
Economic Progress Alliance Of Crawford County Meadville, PA | $32,588,545 | $5,037,136 |
Dayton-Miami Valley Entrepreneurs Center Dayton, OH | $1,732,141 | $5,542,266 |
Small Business Aid Inc Shipshewana, IN | $1,429,380 | $3,351,237 |
Manufacturers Resource Center Allentown, PA | $3,950,399 | $3,151,417 |
Spedd Inc Vandergrift, PA | $27,841,148 | $4,019,412 |
Detroit Development Fund Detroit, MI | $19,500,518 | $2,941,920 |
Allentown Economic Development Corporation Allentown, PA | $28,611,870 | $1,731,246 |
Premier Capital Corporation Indianapolis, IN | $2,695,127 | $1,528,792 |
Assets Lancaster Lancaster, PA | $1,401,857 | $1,513,730 |
Regional Development Funding Corporation Pittsburgh, PA | $15,281,796 | $3,181,210 |
Ohio Statewide Development Corporation Columbus, OH | $1,928,627 | $999,786 |