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EIN 23-2575901

The Enterprise Center (TEC)

IRS 501(c) type
501(c)(3)
Num. employees
45
City
Philadelphia
State
Pennsylvania
Year formed
1989
Most recent tax filings
2023-06-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
The Enterprise Center (TEC) provides access to capital, building capacity, business education and economic development opportunities to high-potential, minority entrepreneurs.
Total revenues
$5,191,987
2023
Total expenses
$4,739,912
2023
Total assets
$18,230,729
2023
Num. employees
45
2023

Program areas at TEC

Provided technical assistance to minority entreprenuers, conducted entrepreneurial training classes and supported The economic development of The surrounding community. Hundreds of people served.

Who funds The Enterprise Center (TEC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP Morgan Chase FoundationIn Support of Underserved Small Business Expansion$590,600
Wells Fargo Regional FoundationWalnut Hill Neighborhood Plan Implementation$150,000
Fulton Forward FoundationThe Enterprise Center Capital Readiness Funding Commitment$100,000
...and 8 more grants received

Personnel at TEC

NameTitleCompensation
Della ClarkPresident and Chief Executive Officer$345,000
Victoria HosendorfExecutive Vice President$127,500
Ian LawrenceSenior Director$80,472
Iola HarperDirector$132,776
Anita Garimella AndrewsChair$0
...and 2 more key personnel

Financials for TEC

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,403,007
Program services$562,429
Investment income and dividends$167,080
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$55,213
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,258
Total revenues$5,191,987

Form 990s for TEC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062022-04-11990View PDF
2019-062020-09-17990View PDF
...and 9 more Form 990s
Data update history
September 22, 2024
Updated personnel
Identified 1 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from Fulton Forward Foundation
July 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 22, 2024
Updated personnel
Identified 3 new personnel
July 10, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
4548 Market St
Philadelphia, PA 19139
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
theenterprisecenter.com/ 
Phone
(215) 895-4000
Facebook page
TECCDC 
Twitter profile
@philatec 
IRS details
EIN
23-2575901
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Central organization
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