ne ss t
ne ss t
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More about this organization
Mission
Nesst invests in social enterprises that provide dignified jobs for people most in need. We believe that these locally-based enterprises are uniquely qualified to transform low income, excluded and environmentally vulnerable communities by empowering them with the hard and soft skills, technology and follow on support needed to improve their livelihoods and determine their own futures.
About
Nesst provides capacity support and financing to a select portfolio of social enterprises in Peru that provide income-generation and employment opportunities to marginalized groups.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “Nesst invests in social enterprises that generate dignified jobs for people most in need. nesst uses an engaged approach providing tailored financing and one-on-one business development support to social entrepreneurs in emerging markets.”.
When outlining its functions, they were explained as: “Nesst invests in social enterprises that generate dignified jobs for people most in need. nesst uses an engaged approach providing tailored financing and one-on-one business development support to social entrepreneurs in emerging markets.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as CA.
- The filing records the non-profit's address for 2020 as 5917 JORDAN AVENUE, EL CERRITO, CA, 94530.
- As of 2020, the non-profit's form reports a total of 4 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $273,681.
- The organization has 10 independent voting members.
- The organization was formed in 1997.
- The organization pays $857,333 in salary, compensation, and benefits to its employees.
- The organization pays $83,655 in fundraising expenses.