Accion East Inc.
Accion East Inc.
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About this organization
Mission
Accion empowers low-to-moderate income business owners through access to capital and financial education. With economic opportunity, these entrepreneurs, often minorities and women, can build assets, better provide for their families, create employment and strengthen their communities.
About
Accion East, Inc. has two primary programs, the largest of which is the provision of microloans and development services to micro-entrepreneurs (i.e., entrepreneurs that employ five or less employees). We serve low- to moderate-income, minority, immigrant and women entrepreneurs, populations that lack access to mainstream credit sources. With financial inclusion, our clients go on to build assets, grow household incomes and create jobs for themselves and others within their local communities.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “Accion empowers low-to-moderate income business owners through access to capital and financial education. with economic opportunity, these entrepreneurs-often minorities and women-can build assets, better provide for their families, create employment and strengthen their communities.”.
When referring to its tasks, they were described as: “Accion empowers low-to-moderate income business owners through access to capital and financial education. with economic opportunity, these entrepreneurs, often minorities and women, can build assets, better provide for their families, create employment and strengthen their communities.”.
- The non-profit is operating legally in the state of MA.
- The non-profit's address for the year 2020 is listed as 80 MAIDEN LANE NO 903, NEW YORK, NY, 10010 in the filing.
- The form submitted by the non-profit organization for 2020 reports 0 employees.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,811,799.
- The organization has 3 independent voting members.
- The organization was formed in 1994.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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