NonprofitsDecatur-Morgan County Entrepreneurial Center Inc

Community Improvement & Capacity Building

Decatur-Morgan County Entrepreneurial Center Inc

DECATUR, AL

Total revenue

$1.9M

Total expenses

$820K

Net assets

$2.6M

Grants received

$15K

4 grants

EIN

272113883

Tax year

2024

Mission

The primary purpose of the e-center is to encourage, enthuse and empower new and small businesses as tenants and non-tenants of the e-center facility and to ensure successful start-up and continued growth of their businesses.

Programs

2 programs

Recruitment of young professionals to decatur, alabama by offering incentive packages to the young professionals and bringing highly skilled workers to the city workforce.

Expenses: $198K

Provides resources for entrepreneurs in lawrence & cullman counties

Expenses: $240K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$144K
Investment income$25K
Other revenue
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$335K
Fundraising$17K
Other expenses$485K
Total expenses$820K
Total assets$2.6M
Net assets$2.6M

People

21 listed

NameRoleCompensation

JOHN YOUNGBLOOD

DIRECTOR

Board

ELLEN DIDIER

SECRETARY

Board

LYNN REEVES

TREASURER

Board

MICHELE TERRY

DIRECTOR

Board

KAROCKAS WATKINS

PAST PRESIDE

Board

JERRY BAKER

DIRECTOR

Board

SASWATI BISWAS

DIRECTOR

Board

KENT LAWRENCE

PRESIDENT

Board

BROOKS COLLINS

DIRECTOR

Board

MELISSA CRAIG

DIRECTOR

Board

LARKIN MARTIN

DIRECTOR

Board

JIM ODOM

DIRECTOR

Board

DR JEANNE PAYNE

PRESIDENT EL

Board

DR YVETTE RICE

DIRECTOR

Board

BETTY SIMS

DIRECTOR

Board

JACOB WOODS

DIRECTOR

Board

LARRY WAYE

MEMBER EMERI

Board

DR CLAUDETTE OWENS

DIRECTOR

Board

RONNIE HOFF

DIRECTOR

Board

TIM LOVELACE

DIRECTOR

Board

JOHN JOSEPH IV

EXECUTIVE DI

Staff

$153K

40 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$10K
Decatur Morgan CEO Program
2024
$2K
LEADERCAST NORTH ALABAMA 2022 PROGRAM
2022
$2K
LEADERCAST NORTH ALABAMA 2021 PROGRAM
2020
$2K
LEADERCAST NORTH ALABAMA 2020
2019

Funded by

$15K from 2 funders · 4 grants · 2019–2024

Air Products Foundation

$5K · 3 grants · 2019–2022

Details

EIN272113883
NTEE codeS30
Subsection03
Ruling date2011-08
Formed2010
Employees4
Volunteers10
DECATUR-MORGAN COUNTY ENTREPRENEURIAL CENTER INC — Mission, Financials & Grants Received | Grantivo