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Centro Community Partners (Centro)

Centro Community Partners (Centro)

Oakland, CA 94607
Tax ID45-2992960

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About this organization

Revenue

$835,721

Expenses

$585,334

Mission

Centro Community Partners’ mission is to build thriving communities by providing underserved, low-to-moderate income (LMI) people with entrepreneurship education, financial literacy, one-on-one business advising, mentorship, and access to capital. Centro empowers underserved women and minority entrepreneurs to be effective business owners, create self-sustaining jobs, and obtain microloans to grow businesses that add to the economic vitality and social vibrancy of their communities.

About

Basic Entrepreneurship Program is designed for individuals primarily on the idea stage of their business and who have not been exposed yet to any business education. This program is a 9-week, 30 hours in-class program that teaches women and minority entrepreneurs about basic business functions such as strategy, business finance, market analysis, operations, personal finance, products and services resulting in a business plan.

Interesting data from their 2020 990 filing

The non-profit's mission, as described in the filing, is “Centro community partners (centro) provides the underserved, low income entrepreneurs with entrepreneurship education, one-on-one business advising, mentorship, and access to capital.”.

When describing its duties, they were characterized as: “To provide services to low income entrepreneurs with education business advising mentorship and access to capital”.

  • The non-profit has complied with legal regulations by reporting their state of operation as CA.
  • The filing shows that the non-profit's address as of 2020 is 825 Washington St 228, Oakland, CA, 94607.
  • As of 2020, the non-profit has reported a total of 5 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $250,387.
  • The compensation of the CEO of the organization is subject to review and approval by an independent body.
  • The organization has 3 independent voting members.
  • The organization was formed in 2011.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $241,798 in salary, compensation, and benefits to its employees.
  • The organization pays $107,159 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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