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EIN 62-1274582

Nashville Business Incubation Center

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Nashville
State
Tennessee
Year formed
1987
Most recent tax filings
2023-09-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Growth Enterprises of Nashville aids in the growth and development of small/microenterprise businesses through a small business incubation center that provides below market rate office space and other training and support services. In addition, we offer one-on-one technical assistance to an additional 65 clients during the fiscal year.
Also known as...
Growth Enterprises Nashville
Total revenues
$868,620
2023
Total expenses
$1,367,624
2023
Total assets
$911,012
2023
Num. employees
6
2023

Program areas at Nashville Business Incubation Center

The Nashville Business Incubation Center (nbic) has played a pivotal role in the success of 203 small businesses by providing comprehensive support tailored to their unique needs. Through personalized 1:1 mentoring, technical and financial assistance, and robust marketing and website development services, nbic has empowered these businesses to thrive in a competitive market. By offering a holistic approach to Business Growth, nbic has not only fostered entrepreneurial success but also contributed to the economic vitality of the Nashville community.

Who funds Nashville Business Incubation Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Truist FoundationGeneral Operating$250,000
Republic Bank FoundationFinancial/digital Literacy Program$10,000
Turner Construction Company FoundationGeneral Purpose$5,000

Personnel at Nashville Business Incubation Center

NameTitleCompensation
Angela Crane-JonesChief Executive Officer$0
Saturnie L. AntoineR.i.s.e Up Program Manager
Leroy CunninghamCommunity and Capacity Building Manager
Matt PerkinsChairman$0
Charlotte PeacockTreasurer$0
...and 1 more key personnel

Financials for Nashville Business Incubation Center

RevenuesFYE 09/2023
Total grants, contributions, etc.$830,596
Program services$20,000
Investment income and dividends$8,078
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$9,946
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$868,620

Form 990s for Nashville Business Incubation Center

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-14990View PDF
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092021-06-01990View PDF
2019-092021-02-17990View PDF
...and 9 more Form 990s

Organizations like Nashville Business Incubation Center

OrganizationLocationRevenue
Tampa Bay WaveTampa, FL$1,902,546
Catapult LakelandLakeland, FL$1,506,846
Epicenter / Vibrant Memphis IncMemphis, TN$2,621,131
Institute for Entrepreneurial LeadershipNewark, NJ$3,502,198
Can-Do KalamazooKalamazoo, MI$853,034
Mortar CincinnatiCincinnati, OH$1,352,116
Idea WorksMansfield, OH$355,897
Startup ColoradoSilverthorne, CO$456,575
Unlimited FutureHuntington, WV$366,491
Michigan Minority Supplier Development Council (MMSDC)Detroit, MI$3,428,137
Data update history
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Turner Construction Company Foundation
September 30, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 12, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Republic Bank Foundation
February 29, 2024
Updated personnel
Identified 2 new personnel
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $1,000,000 from Truist Foundation
Nonprofit Types
Business and community development organizationsSchoolsCharities
Issues
EducationEconomic developmentBusiness and industry
Characteristics
Fundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
PO Box 280567
Nashville, TN 37228
Metro area
Nashville-Davidson--Murfreesboro--Franklin, TN
County
Davidson County, TN
Website URL
nbichub.org/ 
Phone
(615) 237-1235
IRS details
EIN
62-1274582
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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