The Indus Entrepreneurs Seattle
- Assets
- $169.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 91-2135531
Organization Overview
The Indus Entrepreneurs Seattle is located in Seattle, WA. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Indus Entrepreneurs Seattle is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Indus Entrepreneurs Seattle generated $124.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $148.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TIE IS A NON-PROFIT, GLOBAL COMMUNITY WELCOMING ENTREPRENEURS FROM ALL OVER THE WORLD. WE BELIEVE IN THE POWER OF IDEAS TO CHANGE THE FACE OF ENTREPRENEURSHIP AND GROWING BUSINESS THROUGH OUR FIVE PILLARS; MENTORING, NETWORKING, EDUCATION, INCUBATING AND FUNDING. TIE WAS FOUNDED IN 1992 BY A GROUP OF SUCCESSFUL ENTREPRENEURS AND IS CURRENTLY THE WORLD'S LARGEST ENTREPRENEURIAL ORGANIZATION OUT THERE. WITH PROGRAMS LIKE TIE YOUNG ENTREPRENEURS (TYE) AND MENTOR MATCH, TIE IS REACHING OUT AND FOSTERING THE NEXT GENERATION OF ENTREPRENEURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Minee Verma Execuitve Director | 20 | $0 | |
Manpreet Kaur Marketing Manager | 20 | $0 | |
Kamelia Vineva Executive Assistant | 5 | $0 | |
Kishor Panpaliya Board Member | 2 | $0 | |
Prashant Mishra Board Member | 2 | $0 | |
Madhu Singh Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,557 |
| Total Program Service Revenue | $32,371 |
| Membership dues | $58,085 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,896 |
| Total Revenue | $124,909 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,470 |
| Professional fees and other payments to independent contractors | $1,325 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $497 |
| Other expenses | $55,845 |
| Total expenses | $148,137 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,196 |
| Other assets | $0 |
| Total assets | $169,196 |
| Total liabilities | $7,273 |
| Net assets or fund balances | $161,923 |