Capital Network Of New England Inc
- Assets
- $182.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Arlington, MA
- Founding
- 08/2005
- Data as of
- 06/2021
- EIN
- 68-0593779
Organization Overview
Capital Network Of New England Inc is located in Arlington, MA. The organization was established in 2005. According to its NTEE Classification (J02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Employment and related organizations. As of 06/2021, Capital Network Of New England Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Network Of New England 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 06/2021, Capital Network Of New England Inc generated $196.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $170.3k during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION, RESOURCES AND A COMMUNITY FOR ENTREPRENEURS SEEKING EARLY STAGE INVESTMENT.
Describe the Organization's Program Activity:
Part 3
TCN ROUNDTABLES ARE A SERIES OF 8 MONTHLY BREAKFASTS COVERING ESSENTIAL TOPICS IN ENTREPRENEURIAL FINANCE FOR C LEVEL ENTREPRENEURS SEEKING EARLY STAGE CAPITAL AND 10 "ROLL UP YOUR SLEEVE" WORKING SESSIONS THAT PROVIDE ENTREPRENEURS A CHANCE TO LEARN FROM INDUSTRY PROFESSIONALS SUCH AS INVESTORS, LAWYERS, BANKERS, ACCOUNTANTS AND INSURANCE EXECUTIVES. TYPICALLY FEATURING 3-4 A-LIST INDUSTRY PROS, THESE PANEL LED BREAKFASTS OFFER CRITICAL INFORMATION TO ENTREPRENEURS SEEKING TO BETTER UNDERSTAND HOW TO BUILD FINANCEABLE COMPANIES, ATTRACT AND CLOSE ON EARLY STAGE FINANCING, AND THE COSTS AND BENEFITS OF INVESTMENT PARTNERS. THE EXPERT LUNCH HOSTS DONATE THEIR EXTRAORDINARILY VALUABLE TIME IN A SMALL GROUP FORMAT TO DISCUSS CRITICAL TECHNICAL ISSUES RELATED TO EARLY STAGE FINANCE
TCN EXPERT LUNCHES ARE MONTHLY CLASSES THAT PROVIDE INSENSE CONTENT EDUCATION FEATURING AN EXPERT IN FINANCING STRATEGY/COMPANY FORMATION FOR EARLY STAGE STARTUPS AND OFFER CRITICAL INFORMATION TO ENTREPRENEURS SEEKING TO BETTER UNDERSTAND HOW TO BUILD FINANCEABLE COMPANIES, ATTRACT AND CLOSE ON EARLY STAGE FINANCING, AND THE COSTS AND BENEFITS OF INVESTMENT PARTNERS IN A PARTICULAR INDUSTRY, I.E. CLEANTECH, LIFE SCIENCE, BOOT CAMP.
TCN VENTURE FAST TRACK IS A ONE DAY BOOT CAMP LED BY LEADING EXPERTS IN THE FIELD OF STARTUP FINANCING, THE LIMITED SEAT FAST TRACK IS AN INTENSIVE, INTERACTIVE FULL-DAY SEMINAR DESIGNED TO PROVIDE ENTREPRENEURS AND INVESTORS AN IN-DEPTH UNDERSTANDING OF WHAT IT TAKES TO RAISE EARLY STAGE CAPITAL FOR A STARTUP.
MEMBERSHIP
TCN ROUNDTABLES ARE A SERIES OF 8 MONTHLY BREAKFASTS COVERING ESSENTIAL TOPICS IN ENTREPRENEURIAL FINANCE FOR C LEVEL ENTREPRENEURS SEEKING EARLY STAGE CAPITAL AND 10 "ROLL UP YOUR SLEEVE" WORKING SESSIONS THAT PROVIDE ENTREPRENEURS A CHANCE TO LEARN FROM INDUSTRY PROFESSIONALS SUCH AS INVESTORS, LAWYERS, BANKERS, ACCOUNTANTS AND INSURANCE EXECUTIVES. TYPICALLY FEATURING 3-4 A-LIST INDUSTRY PROS, THESE PANEL LED BREAKFASTS OFFER CRITICAL INFORMATION TO ENTREPRENEURS SEEKING TO BETTER UNDERSTAND HOW TO BUILD FINANCEABLE COMPANIES, ATTRACT AND CLOSE ON EARLY STAGE FINANCING, AND THE COSTS AND BENEFITS OF INVESTMENT PARTNERS. THE EXPERT LUNCH HOSTS DONATE THEIR EXTRAORDINARILY VALUABLE TIME IN A SMALL GROUP FORMAT TO DISCUSS CRITICAL TECHNICAL ISSUES RELATED TO EARLY STAGE FINANCE
TCN EXPERT LUNCHES ARE MONTHLY CLASSES THAT PROVIDE INSENSE CONTENT EDUCATION FEATURING AN EXPERT IN FINANCING STRATEGY/COMPANY FORMATION FOR EARLY STAGE STARTUPS AND OFFER CRITICAL INFORMATION TO ENTREPRENEURS SEEKING TO BETTER UNDERSTAND HOW TO BUILD FINANCEABLE COMPANIES, ATTRACT AND CLOSE ON EARLY STAGE FINANCING, AND THE COSTS AND BENEFITS OF INVESTMENT PARTNERS IN A PARTICULAR INDUSTRY, I.E. CLEANTECH, LIFE SCIENCE, BOOT CAMP.
TCN VENTURE FAST TRACK IS A ONE DAY BOOT CAMP LED BY LEADING EXPERTS IN THE FIELD OF STARTUP FINANCING, THE LIMITED SEAT FAST TRACK IS AN INTENSIVE, INTERACTIVE FULL-DAY SEMINAR DESIGNED TO PROVIDE ENTREPRENEURS AND INVESTORS AN IN-DEPTH UNDERSTANDING OF WHAT IT TAKES TO RAISE EARLY STAGE CAPITAL FOR A STARTUP.
MEMBERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Meslin Executive Director | 40 | $85,500 | |
Jay Dia Board Member | 2 | $0 | |
Senofer Mendoza Chair Of The Board | 3 | $0 | |
Scott Goodwin Board Member | 2 | $0 | |
Asad Butt Board Member | 2 | $0 | |
Ian Mashiter Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,237 |
| Total Program Service Revenue | $4,284 |
| Membership dues | $4,735 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $35,365 |
| Total Revenue | $196,621 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $153,623 |
| Professional fees and other payments to independent contractors | $1,823 |
| Occupancy, rent, utilities, and maintenance | $752 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,073 |
| Total expenses | $170,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,816 |
| Other assets | $0 |
| Total assets | $182,061 |
| Total liabilities | $0 |
| Net assets or fund balances | $182,061 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Capital Network Of New England Inc has recieved totaling $10,011.
| Awarding Organization | Amount |
|---|---|
Cla Foundation Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Fedcap Group Inc New York, NY | $301,676 | $364,913 |
Sheet Metal Workers Labor Management Committee And Trust Brewster, NY | $2,488,384 | $1,268,354 |
Communication Workers Of America New York, NY | $166,111 | $278,573 |
Capital Network Of New England Inc Arlington, MA | $182,061 | $0 |
Laborers Local 754 Labor-Management Committee Chestnut Ridge, NY | $54,490 | $0 |