Center for Community Based Enterprise Inc.
Center for Community Based Enterprise Inc.
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About this organization
Mission
To facilitate economic empowerment in Detroit through the development of shared assets and community-based enterprise.
About
C2BE defines community-based enterprises, or 'CBES,' as sustainable, locally rooted businesses that provide community benefit (particularly equity ownership for workers and producers), pay living wages and share resources to help each other grow. Our definition of a CBE purposely includes but is not limited to cooperatives. We work to strengthen CBES by connecting them to business know-how and legal services, including feasibility studies, business planning, marketing, succession planning, incorporation documents (i.e., articles and bylaws) and necessary contracts. In addition, C2BE provides training for members and/or employees who are new to their roles as owners to understand their companies' finances, products, services and markets. C2BE also plans to launch a co-op shared equity loan fund, in order to provide 'patient seed capital' to finance start-up cooperatives and CBES.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The center for community-based enterprise (c2be) is a detroit-based non- profit organization working to create living-wage jobs through worker- ownership in all its forms. we provide legal help, technical assisance, education and collaboration to individuals interested”.
When detailing its responsibilities, they were listed as: “To facilitate economic empowerment in detroit through the development of shared assets and community-based enterprise.”.
- The address of the non-profit for 2020 according to the filing is 4605 CASS AVE SUITE 1, DETROIT, MI, 48201.
- The number of employees reported by the non-profit on their form as of 2020 is 2.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$261,913.
- The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
- The organization has 0 independent voting members.
- The organization is required to file Schedule O.
- The organization pays $54,982 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a business related organization transaction.
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