Habitat for Neighborhood Business
Habitat for Neighborhood Business
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About this organization
Mission
HABITAT FOR NEIGHBORHOOD BUSINESS DEVOTES RESOURCES TO OPERATING A PROGRAM DESIGNED TO STIMULATE ECONOMIC DEVELOPMENT IN DISTRESSED URBAN AREAS INHABITED MAINLY BY LOW-INCOME MINORITY OR OTHER DISADVANTAGED PERSONS. THROUGH ITS ACTIVITIES, THE CORPORATION HOPES TO SPARK ECONOMIC DEVELOPMENT AND JOBS IN ECONOMICALLY DEPRESSED NEIGHBORHOODS, HELP STABLIZE THESE NEIGHBORHOODS AND DISCOURAGE "FLIGHT" FROM THE NEIGHBORHOODS, AND INCREASE THE NUMBER OF BUSINESS ROLE MODELS WITHIN THESE NEIGHBORHOODS SO YOUTH IN THE NEIGHBORHOODS CAN SEE SMALL BUSINESS OWNERSHIP AS A POSSIBLE AVENUE TO SUCCESS.
About
ACQUIRE BLIGHTED, VACANT OR OTHERWISE DISTRESSED REAL PROPERTY IN AN ECONOMICALLY DEPRESSED URBAN NEIGHBORHOOD, UTILIZE OR CONVERT THE REAL PROPERTY FOR RETAIL BUSINESSES THAT ARE OPERATED BY LOW-INCOME, MINORITY AND DISADVANTAGED PERSONS WHO LIVE IN THE NEIGHBORHOOD (ENTREPRENEURS) AND LEASE THE PROPERTY TO SUCH PERSONS AT A BELOW-MARKET RENTAL RATE.PROVIDE GUIDANCE, LOGISTICAL SUPPORT, PLANNING, BUDGETING, BUSINESS TRAINING, MENTORING, COACHING AND OTHER FORMS OF BUSINESS ADVICE TO ENTREPRENEURS.CONTINUED ON SCHEDULE 0.PROVIDE "REAL LIFE" BUSINESS EXPERIENCE FOR GRADUATE LEVEL BUSINESS STUDENTS AT PARTNER UNIVERSITIES BY ASSISTANCE TO THE ENTREPRENEURS BY THE STUDENTS.ASSIST THE ENTREPRENEURS WITH OBTAINING RESOURCES, INCLUDING PROVIDING A FUNCTIONING COMPUTER, SOFTWARE AND TRAINING FOR EACH ENTREPRENEUR.ARRANGE FOR SECURITY IN ORDER TO PROVIDE A SAFE AREA FOR THE ENTREPRENEURS AND PATRONS OF THEIR BUSINESSES.ORGANIZE MEETINGS BETWEEN ENTREPRENEURS TO ASSIST THEM IN THEIR EDUCATIONAL GROWTH IN BUSINESS.ENCOURAGE AND ESTABLISH SUPPORT AND UNDERSTANDING FOR THE ENTREPRENEURS IN THE COMMUNITY.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “Habitat for neighborhood business devotes resources to operating a program designed to stimulate economic development in distressed urban areas inhabited mainly by low-income minority or other disadvantaged persons. continued on schedule 0.through its activities, the corporation hopes to spark economic development and jobs in economically depressed neighborhoods, help stabilize these neighborhoods and discourage "flight" from the neighborhoods, and increase the number of business role models within these neighborhoods so youth in the neighborhoods can see small business ownership as a possible avenue to success.”.
When explaining its purpose, the activities were outlined as: “Habitat for neighborhood business devotes resources to operating a program designed to stimulate economic development in distressed urban areas inhabited mainly by low-income minority or other disadvantaged persons. through its activities, the corporation hopes to spark economic development and jobs in economically depressed neighborhoods, help stablize these neighborhoods and discourage "flight" from the neighborhoods, and increase the number of business role models within these neighborhoods so youth in the neighborhoods can see small business ownership as a possible avenue to success.”.
- As per legal reporting requirements, the state of operation for the non-profit is MO.
- The non-profit's address for 2020 is listed as 3674 LINDELL BLVD SUITE DS 100, SAINT LOUIS, MO, 63108 in the filing.
- As per the non-profit's form, they have 0 employees as of 2020.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$4,600.
- The organization has 14 independent voting members.
- The organization was formed in 2006.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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