2024-05-15T12:40:07-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2022-07-01 270022215 THE ENTERPRISE CENTER CAPITAL CORPORATION ENTE 2158954026 4548 MARKET STREET PHILADELPHIA PA 19139 DELLA CLARK PRESIDENT 2158954026 2024-05-14 1 DELLA CLARK 999009999 0 HELEN M MARTIN P01330899 2158818800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DELLA CLARK 4548 MARKET STREET PHILADELPHIA PA 19139 3354271 0 X HTTP://WWW.THEENTERPRISECENTER.COM X 2002 PA THE ENTERPRISE CENTER CAPITAL CORPORATION'S MISSION IS TO PROVIDE DEBT AND EQUITY CAPITAL THAT BUSINESSES NEED TO START, GROW AND SUCCEED. 4 4 7 10 0 0 2301797 2833912 10954276 515623 0 4736 0 0 13256073 3354271 0 0 0 0 438665 453091 0 0 0 7169197 1976473 7607862 2429564 5648211 924707 58942759 49394884 45707101 35010347 13235658 14384537 THE ENTEREPRISE CENTER CAPITAL CORPORATION'S MISSION IS TO PROVIDE DEBT AND EQUITY CAPITAL THAT BUSINESSES NEED TO START, GROW AND SUCCEED. 0 0 987013 515623 PROVIDING FINANCIAL AND TECHNICAL ASSISTANCE TO BUSINESSES WITHIN EMERGING MARKETS, INCLUDING MINORITY - AND WOMEN - OWNED BUSINESS, AND THOSE LOCATED WITHIN URBAN LOW-INCOME COMMUNITIES. 987013 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 PA X DELLA CLARK PRES OF THE ENTERPRISE CENTER 2158954000 4548 MARKET STREET PHILADELPHIA PA 19139 DELLA CLARK PRESIDENT 5.00 35.00 X X 0 345000 7938 HAROLD GLASS DIRECTOR 2.00 X 0 0 0 JAMES SANDERS DIRECTOR 2.00 X 0 0 0 ANDREW CHERRY DIRECTOR 2.00 X 0 0 0 IAN LAWRENCE SENIOR DIRECTOR 40.00 X 110000 0 0 110000 345000 7938 1 0 1 0 0 2688912 145000 2833912 PROGRAM LOAN INTEREST 541900 326440 326440 CLIENT & SERVICE FEES 541900 161546 161546 OTHER PROGRAM INCOME 541900 27637 27637 515623 4736 4736 3354271 515623 0 4736 407500 401892 5608 15310 12052 3258 30281 23837 6444 6021 6021 92737 92737 68294 61690 6604 1118 1118 3012 1216 1796 37369 37369 8794 180 8614 13536 11634 1902 154364 154364 3275 3275 3004 3004 BAD DEBT 1118350 1118350 PROGRAM AWARDS 430677 430677 LICENSE, MEMBERSHIP, PE 35922 33421 2501 2429564 987013 1442551 0 7989363 4177258 150342 1454225 262113 163230 3182883 6093743 39898 5647 36872 34251 250000 47321186 37222177 58942759 49394884 191057 198723 8341115 9022773 37174929 25788851 45707101 35010347 X 13235658 14384537 13235658 14384537 58942759 49394884 X 924707 224172 X X 0 1 X 1 1 1 X 1255894 2137534 2887332 1956797 2733317 10970874 285654 225741 12264980 10954276 515623 24246274 1541548 2363275 15152312 12911073 3248940 35217148 0 0 0 35217148 4736 4736 4736 4736 1541548 2363275 15152312 12911073 3253676 35221884 0.99990 1.00000 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16391 1258 15133 15507 4389 11118 8000 8000 34251 PPP ADVANCES MADE 24476230 OTHER ADVANCES MADE 226893 DUE FROM AFFILIATES 2408627 RESTRICTED CASH 10110427 37222177 LINE OF CREDIT 1196510 ADVANCES OF FUNDS FROM THE SBA 24265527 OTHER ADVANCES OF FUNDS RECEIVED 326814 25788851 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2023 OR 2022. 0 0 0 0 0 0 0 0 0 DELLA CLARK PRESIDENT 0 300000 0 45000 0 0 0 0 0 7938 0 352938 0 0 PART I, LINE 3 ALL SENIOR MANAGEMENT COMPENSATION IS PAID THROUGH A RELATED ORGANIZATION. VOLUNTEER BOARD MEMBERS WHO ARE INDEPENDENT EVALUATE THE SENIOR MANAGEMENT'S COMPENSATION AS REQUIRED. MANY BOARD MEMBERS SIT ON VARIOUS BOARDS AND ARE FAMILIAR WITH FAIR COMPENSATION FOR A NON-PROFIT EXECUTIVE AND IT IS MODERATE TO LOW. ALL COMPENSATION IS EVALUATED BY MANAGEMENT AND THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS OF A RELATED ORGANIZATION CAN APPOINT CERTAIN BOARD MEMBERS FORM 990, PART VI, SECTION A, LINE 7B DIRECTORS OF A RELATED ORGANIZATION APPROVE CERTAIN TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT AND SUBMITTED TO MANAGEMENT FOR REVIEW AND COMMENTS. AFTER ANY CHANGES ARE MADE, A FINAL DRAFT OF THE FORM 990 IS SUBMITTED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BY-LAWS CONTAIN A CONFLICT OF INTEREST POLICY AND ALL BOARD MEMBERS DISCLOSE CONFLICTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 VOLUNTEEER BOARD MEMBERS WHO ARE INDEPENDENT EVALUATE THE SENIOR MANAGEMENT'S COMPENSATION AS REQUIRED. MANY BOARD MEMBERS SIT ON VARIOUS BOARDS AND ARE FAMILIAR WITH FAIR COMPENSATION FOR A NON-PROFIT EXECUTIVE AND IT IS MODERATE TO LOW. ALL COMPENSATION IS EVALUATED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE ON GUIDESTAR.ORG. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTERCOMPANY BALANCE RECONCILIATIONS 224,172. FORM 990, PART XII, LINE 2C: THE EXECUTIVE VICE PRESIDENT ("EVP") ASSUMES OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE EVP, AND ALONG WITH THE BOARD OF DIRECTORS, IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. THE ENTERPRISE CENTER 4548 MARKET STREET PHILADELPHIA PA 19139 232575901 ENTREPRENEURIAL TRAINING PA 501(C)(3) LINE 10 N/A 0 THE ENTERPRISE CENTER COMMUNITY DEVELOPMENT CORPORATION 4548 MARKET STREET PHILADELPHIA PA 19139 300002632 COMMUNITY DEVELOPMENT & BEAUTIFICATION PA 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0