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EIN 20-1538491

New York Professional Advisors for Community Entrepreneurs (NYPACE)

IRS 501(c) type
501(c)(3)
Num. employees
8
City
New York
State
New York
Year formed
2003
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
New York Professional Advisors for Community Entrepreneurs stimulates job creation and sustainable economic development in Greater New York City and other major cities by providing pro-bono consulting services to local small business entrepreneurs from under-resourced communities. Their flagship entrepreneur advising program is a results-driven model unlike any other in New York City, launching three cohorts of 10-12 entrepreneur projects and advisory teams.
Total revenues
$1,047,867
2022
Total expenses
$904,054
2022
Total assets
$1,002,953
2022
Num. employees
8
2022

Program areas at NYPACE

Our flagship entrepreneur advising program is the centerpiece of our mission and is a results-driven model unlike any other in New York city. Nypace is launching three cohorts of our flagship program, featuring 10-12 entrepreneur projects and advisory teams. Entrepreneurs selected to participate will launch their projects alongside 30-40 other people who are all working to help Entrepreneurs in nyc.

Who funds New York Professional Advisors for Community Entrepreneurs (NYPACE)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundPublic, Societal Benefit$5,300
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$5,000
JP Morgan Chase FoundationGeneral Operating Support$100

Personnel at NYPACE

NameTitleCompensation
Ibrahima SouareExecutive Director$50,423
Stephanie George BombaciProgram Director$102,423
Christine SeguritanSenior Project Manager at Nypace
Ken InadomiPast Executive Director$110,092
Daniel ZamlongChairperson$0
...and 4 more key personnel

Financials for NYPACE

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,047,276
Program services$0
Investment income and dividends$587
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4
Total revenues$1,047,867

Form 990s for NYPACE

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-10-10990View PDF
2019-122020-12-21990View PDF
2018-122020-01-24990View PDF
...and 7 more Form 990s

Organizations like NYPACE

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CiftToledo, OH$3,625,078
Frederick Innovative Technology CenterFrederick, MD$794,175
APPRISE IncorporatedPrinceton, NJ$2,704,812
Kentucky Dataseam InitiativeLouisville, KY$1,828,749
Asesores Financieros ComunitariosSan Juan, PR$322,607
Apparo SolutionsCharlotte, NC$1,445,609
Launch AlaskaAnchorage, AK$1,975,549
Boulder SBDC FoundationBoulder, CO$1,132,021
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 12, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 2 new personnel
May 24, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Business and community development organizationsResearch centersCharities
Issues
Science and technologyCommunity improvementEconomic developmentBusiness and industry
Characteristics
Conducts researchPartially liquidatedFundraising eventsState / local levelCommunity engagement / volunteeringTax deductible donations
General information
Address
580 Fifth Ave Suite 820
New York, NY 10036
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
nypace.org/ 
Phone
(973) 650-4467
IRS details
EIN
20-1538491
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
5416: Professional, Scientific, and Technical Services
Parent/child status
Independent
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