Family Business Center Of Pioneer Valley Inc
- Assets
- $16.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holyoke, MA
- Founding
- 02/2017
- Data as of
- 12/2019
- EIN
- 47-5290988
Organization Overview
Family Business Center Of Pioneer Valley Inc is located in Holyoke, MA. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Business Center Of Pioneer Valley 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 12/2019, Family Business Center Of Pioneer Valley Inc generated $144.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $261.6k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
OFFERED DINNER FORUM SERIES AND MORNING WORKSHOPS FOR SMALL/MEDIUM SIZED COMPANIES; ROUNDTABLE DISCUSSION GROUPS THAT OFFER ADVICE ON BUSINESS & FAMILY ISSUES; OFFER PRESENTATIONS TO IMPROVE SKILLS IN AREAS SUCH AS MARKET ANALYSIS, BUDGETING, MONEY MANAGEMENT, FINANCING, MANAGING GROWTH, UNDERSTANDING AND USING FINANCIAL STATEMENTS; SWOT ANALYSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Cheney Treasurer/clerk | 1 | $0 | |
Ross Giombetti Director | 1 | $0 | |
Charles Epstein President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,500 |
| Total Program Service Revenue | $59,214 |
| Membership dues | $0 |
| Investment income | $253 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,269 |
| Total Revenue | $144,236 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $166,760 |
| Professional fees and other payments to independent contractors | $27,363 |
| Occupancy, rent, utilities, and maintenance | $6,672 |
| Printing, publications, postage, and shipping | $6,022 |
| Other expenses | $54,767 |
| Total expenses | $261,584 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,403 |
| Other assets | $0 |
| Total assets | $16,481 |
| Total liabilities | $46,866 |
| Net assets or fund balances | -$30,385 |
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|---|---|---|
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