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EIN 30-0002632

The Enterprise Center Community Development Corporation (TEC)

IRS 501(c) type
501(c)(3)
Num. employees
37
City
Philadelphia
State
Pennsylvania
Year formed
2001
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.
Related structure
TEC is a subordinate organization under The Enterprise Center (TEC).
Also known as...
Enterprise Center
Total revenues
$3,539,141
2023
Total expenses
$3,833,590
2023
Total assets
$27,796,434
2023
Num. employees
37
2023

Program areas at TEC

Preconstruction and construction activities related to Community and economic Development in west philadelphia. Impact on low income neighborhood from beautification is not measurable.

Who funds The Enterprise Center Community Development Corporation (TEC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
William Penn FoundationSupport for the Walnut Hill Community Farm and Max Paul Park$211,321
Kresge FoundationOperating Support To Continue To Bolster the Enterprise Center's Creative Placemaking Activities and Participation in Kresge's Building and Supporting Equitable Development (Based) Initiative.$100,000
Local Initiatives Support CorporationSee Part Iv$52,800
...and 6 more grants received

Personnel at TEC

NameTitleCompensation
Della ClarkPresident$0
Lowell ThomasFirst Vice Chair / Chair / Board Member$0
Jason DuckworthPast Treasurer$0

Financials for TEC

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,835,292
Program services$699,077
Investment income and dividends$0
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,772
Total revenues$3,539,141

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
2020-062022-05-28990View PDF
2019-062020-11-07990View PDF
...and 9 more Form 990s

Organizations like TEC

OrganizationLocationRevenue
Flagship Enterprise CenterAnderson, IN$3,448,869
Metropolitan Economic Development AssociationMinneapolis, MN$9,291,098
BCL of TexasAustin, TX$3,744,979
Northeast Indiana Innovation CenterFort Wayne, IN$2,117,873
StlventureworksSaint Louis, MO$1,509,497
Aedc Small Business Lending CenterEureka, CA$3,441,770
Rural Enterprises of OklahomaDurant, OK$7,140,966
Launch New YorkBuffalo, NY$4,319,958
Valley Small Business Development CorporationFresno, CA$3,097,036
Aspermont Small Business Development CenterAspermont, TX$4,207,952
Data update history
August 10, 2024
Updated personnel
Identified 2 new personnel
July 17, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2024
Received grants
Identified 5 new grant, including a grant for $211,321 from William Penn Foundation
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $100,000 from Kresge Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic 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
30-0002632
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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