NonprofitsEconomic Opportunity Center Inc

Human Services

Economic Opportunity Center Inc

N CHARLESTON, SC

Total revenue

$416K

Total expenses

$232K

Net assets

Grants received

$310K

5 grants

EIN

851198854

Tax year

2024

Mission

The opportunity center seeks to mitigate the skills gap that exists between the workforce and employers, as well as prepare the workforce and growing entrepreneurs to participate in the local economic systems, while creating new systems that promote social enterprise.

Programs

1 program

The purpose of the business incubator is to stimulate the establishment and growth of small businesses, with a focus on protecting groups such as minority or women owned businesses and business that target low income communities, and to increase the number of successful companies originating and developing in the area. The business incubator is an important tool in the economic development toolkit of the area that would be a means to create new job opportunities for area residents, create higher wage jobs, contribute to the growth and success of emerging small businesses, and as a source to generate new tax revenue for north charleston.

Financials

FY 2024

Revenue

Contributions & grants$10K
Program service revenue$406K
Investment income
Other revenue
Total revenue$416K

Expenses

Grants paid
Salaries & benefits$12K
Fundraising
Other expenses$220K
Total expenses$232K
Total assets$131K
Net assets

People

8 listed

NameRoleCompensation

DOROTHEA BERNIQUE

VICE CHAIR

Board

1 hrs/wk

BERNIE MAZYCK

INTERIM CHAI

Board

1 hrs/wk

SEDRICK MCCALLUM

BOARD MEMBER

Board

1 hrs/wk

DON OGLESBY

TREASURER

Board

1 hrs/wk

MARGIE PIZARRO

BOARD MEMBER

Board

1 hrs/wk

CHERYL REID

INTERIM SECR

Board

1 hrs/wk

AMBER ROOS

BOARD MEMBER

Board

1 hrs/wk

CEDRIC WELCH-MUHAMMAD

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$65K
Operating support.
2024
$20K
GENERAL SUPPORT
2023
$100K
For grant recipient's exempt purposes
2021
$100K
For grant recipient's exempt purposes
2021

Funded by

$310K from 3 funders · 5 grants · 2020–2024

Center for Heirs' Property Preservation

$90K · 2 grants · 2020–2024

South Carolina Association for

$20K · 1 grant · 2023

Details

EIN851198854
NTEE codeP20
Subsection03
Ruling date2020-12
Formed2021
Employees0
ECONOMIC OPPORTUNITY CENTER INC — Mission, Financials & Grants Received | Grantivo