Nonprofit · EIN 23-2972070
THE BUSINESS CENTER AT NEW COVENANT CAMPUS
Also known as BUSINESS CNTR FOR ENTREP & SOCIAL E
Tax-exempt · PHILADELPHIA, PA 19119
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,128,372 | $642,661 | $485,711 | $1,918,069 | $829,592 | $1,088,477 |
| December 31, 2023 | 990 | $547,870 | $402,723 | $145,147 | $1,096,524 | $581,143 | $515,381 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $962,330
- of which government grants
- $863,367
- Program service revenue
- $158,095
- Investment income
- $7,947
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $102,758
- Other salaries and wages
- $301,039
- Salaries, compensation and benefits (total)
- $403,797
- Professional fundraising fees
- $0
- Legal fees
- $33,229
- Occupancy
- $73,756
- Travel
- $12,301
- Program services (functional)
- $186,835
- Management and general (functional)
- $455,826
Balance sheet and other
- Total assets, start of year
- $1,096,524
- Total assets, end of year
- $1,918,069
- Total liabilities, end of year
- $829,592
- Net assets, end of year
- $1,088,477
- Net assets without donor restrictions
- $1,088,477
- Gross receipts
- $1,128,372
- Employees
- 0
- Volunteers
- 12
- Year formed
- 2001
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Pamela Rich-Wheeler | Executive Director Key employee, Highest-paid employee | 40 | $102,758 |
| Ron Williford | President Trustee or director | 1 | $0 |
| Barbara Williams | Bd. Member Trustee or director | 1 | $0 |
| Kenya Thompson | Bd. Member Trustee or director | 1 | $0 |
| John Kahler | Bd. Member Trustee or director | 1 | $0 |
| Camille Simpkins | Bd. Member Trustee or director | 1 | $0 |
| Angie Bowie | Bd. Member Trustee or director | 1 | $0 |
| Kelly Garry Burks | Bd. Member Trustee or director | 1 | $0 |
| Janine Scaff | Bd. Member Trustee or director | 1 | $0 |
| Will Williams | Bd. Member Trustee or director | 1 | $0 |
| Dr Doreen Loury | Bd. Member Trustee or director | 1 | $0 |
| Tiffany Thorton | Bd. Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAMELA RICH WHEELER | EXECUTIVE DIRECTOR Key employee, Highest-paid employee | 40 | $128,806 |
| RON WILLIFORD | PRESIDENT Trustee or director | 1 | $0 |
| DON WILLIFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| RONALD NICHOLS | BOARD MEMBER Trustee or director | 1 | $0 |
| KENYA THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN KAHLER | BOARD MEMBER Trustee or director | 1 | $0 |
| JANINE SCAFF | BOARD MEMBER Trustee or director | 1 | $0 |
| BARBARA WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
| KELLY GARRETT BURKS | BOARD MEMBER Trustee or director | 1 | $0 |
| CAMILLE SIMPKINS | BOARD MEMBER Trustee or director | 1 | $0 |
| WILL WILLIAMS | BOARD MEMBERS Trustee or director | 1 | $0 |
| ANGIE BOWIE | BOARD MEMBER Trustee or director | 1 | $0 |
| DR DOREEN LOURY | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7500 GERMANTOWN AVE, PHILADELPHIA, PA 19119-1600
- Principal officer (990 for 2024)
- Pamela Rich Wheeler, 7500 Germantoen Avenue, Philadelphia, PA 19119
- Signed the 990
- Pamela Rich Wheeler, Executive Director
- Phone
- (215) 247-2473
- Website
- www.thebizctr.com
- Return prepared by
- Alford and Rambaran LLC
Mission
Provides education and business networking programs necessary to strengthen the business formation necessary to contribute to improving Northwest Phila.s minority ecosystem.
Program accomplishments
- Provided consulting and educational workshops, business support services to business owners and aspiring entrepreneurs.Expenses $186,835 · revenue $158,095
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2972070
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $1,918,069
- Income (IRS master file)
- $1,128,372
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,128,372 | $642,661 | $1,918,069 | XML |
| 990 | December 2023 | $547,870 | $402,723 | $1,096,524 | XML |
| 990 | December 2022 | $429,198 | $402,605 | $668,831 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2972070).
Questions about THE BUSINESS CENTER AT NEW COVENANT CAMPUS
- What is the EIN of THE BUSINESS CENTER AT NEW COVENANT CAMPUS?
- The employer identification number (EIN) of THE BUSINESS CENTER AT NEW COVENANT CAMPUS is 23-2972070.
- Is THE BUSINESS CENTER AT NEW COVENANT CAMPUS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE BUSINESS CENTER AT NEW COVENANT CAMPUS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE BUSINESS CENTER AT NEW COVENANT CAMPUS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE BUSINESS CENTER AT NEW COVENANT CAMPUS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE BUSINESS CENTER AT NEW COVENANT CAMPUS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE BUSINESS CENTER AT NEW COVENANT CAMPUS?
- The 990 for the year ended December 31, 2024 names Pamela Rich Wheeler.
- Who are the officers and directors of THE BUSINESS CENTER AT NEW COVENANT CAMPUS?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $102,758 (Pamela Rich-Wheeler, Executive Director).
- How much revenue does THE BUSINESS CENTER AT NEW COVENANT CAMPUS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,128,372, expenses of $642,661 and total assets of $1,918,069 at year end.
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