NonprofitsLancaster Avenue 21St Century Business Association

Lancaster Avenue 21St Century Business Association

PHILADELPHIA, PA

Total revenue

$936K

Total expenses

$929K

Net assets

$109K

Grants received

$249K

6 grants

EIN

900502551

Tax year

2023

Mission

To provide training, resources, and environment to help new and established businesses address the difficulties of starting, maintaining, and navigating the necessary changes needed to foster successful business growth and economic betterment of the Lancaster Avenue Business Coridor and the city of Philadelphia.

Programs

2 programs

Lancaster avenue supports businesses by providing access to technical assistance for almost all aspects of a business cycle.

Expenses: $177K

Responsible for maintaining twenty blocks of the Lancaster Avenue Commercial Corridor. This responsibility is managed by directly organizing a cleaning crew and collaborating with business owners to ensure they understand their responsibilities.

Expenses: $176K

Financials

FY 2023

Revenue

Contributions & grants$936K
Program service revenue
Investment income
Other revenue
Total revenue$936K

Expenses

Grants paid
Salaries & benefits$305K
Fundraising$199
Other expenses$624K
Total expenses$929K
Total assets$258K
Net assets$109K

People

11 listed

NameRoleCompensation

Kwaku Boateng

Executive Dir.

Board

$148K

60 hrs/wk

Jacqueline L Williams

Director

Board

$106K

50 hrs/wk

Karen Hess

Trustee

Board

$15K

5 hrs/wk

Stephanie Collins

Trustee

Board

$5K

5 hrs/wk

Peral Bailey-Anderson

Trustee

Board

5 hrs/wk

Belinda Patrick

Trustee

Board

5 hrs/wk

Terri Shockley

Trustee

Board

5 hrs/wk

Claude Barnes

Trustee

Board

5 hrs/wk

Joel Spivak

Trustee

Board

5 hrs/wk

Lisa Ashton Mattioli

Trustee

Board

0

Benn Roe

Trustee

Board

0

Grants received

Showing 6 of 6

FromAmountPurposeYear
$17K
ECONOMIC DEVELOPMENT AND SUPPORTING GROWING BUSINESSES
2024
$11K
GENERAL OPERATING SUPPORT
2019

Funded by

$249K from 4 funders · 6 grants · 2019–2024

Local Initiatives Support Corporation

$206K · 3 grants · 2022–2024

Philanthropy Network Greater

$11K · 1 grant · 2019

Details

EIN900502551
Subsection03
Ruling date2015-01
Formed2011
Employees3
LANCASTER AVENUE 21ST CENTURY BUSINESS ASSOCIATION — Mission, Financials & Grants Received | Grantivo