Enterprise Center

Enterprise Center Overview

Enterprise Center is located in Philadelphia, PA. The organization was established in 1991. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2019, Enterprise Center employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2019, Enterprise Center generated $2.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $2.4m during the year ending 06/2019. While expenses have increased by 2.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE ENTERPRISE CENTER'S MISSION IS TO CULTIVATE AND INVEST IN MINORITY ENTREPRENEURS TO INSPIRE WORKING TOGETHER FOR ECONOMIC GROWTH IN COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED TECHNICAL ASSISTANCE TO MINORITY ENTREPRENUERS, CONDUCTED ENTREPRENEURIAL TRAINING CLASSES AND SUPPORTED THE ECONOMIC DEVELOPMENT OF THE SURROUNDING COMMUNITY. HUNDREDS OF PEOPLE SERVED.


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Enterprise Center Board, Officers & Key Employees

Name (title)Compensation
Della Clark
President
$174,691
Andrew Cherry
Chair
$0
Elvin Ross
Director
$0
Harold Glass
Director
$0
Jonathan Horn
Director
$0
Anita Garimella Andrews
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,820,368
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $19,221
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,270,246

Enterprise Center Grants Recieved

Over the last fiscal year, we have identified 6 grants that Enterprise Center has recieved totaling $580,000.

Awarding OrganizationAmount
Wells Fargo Regional Foundation

Philadelphia, PA

PURPOSE: WALNUT HILL NEIGHBORHOOD PLAN IMPLEMENTATION

$150,000
Wells Fargo Regional Foundation

Philadelphia, PA

PURPOSE: WALNUT HILL NEIGHBORHOOD PLAN IMPLEMENTATION

$150,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$100,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$100,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$40,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$40,000
View Grant Recipient Profile

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