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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

$548K$403K2023$1.1M$643K2024
Revenue Expenses · by fiscal year end
Financials of THE BUSINESS CENTER AT NEW COVENANT CAMPUS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,128,372$642,661$485,711$1,918,069$829,592$1,088,477
December 31, 2023990$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.

NameTitleHours / weekCompensation
Pamela Rich-WheelerExecutive Director
Key employee, Highest-paid employee
40$102,758
Ron WillifordPresident
Trustee or director
1$0
Barbara WilliamsBd. Member
Trustee or director
1$0
Kenya ThompsonBd. Member
Trustee or director
1$0
John KahlerBd. Member
Trustee or director
1$0
Camille SimpkinsBd. Member
Trustee or director
1$0
Angie BowieBd. Member
Trustee or director
1$0
Kelly Garry BurksBd. Member
Trustee or director
1$0
Janine ScaffBd. Member
Trustee or director
1$0
Will WilliamsBd. Member
Trustee or director
1$0
Dr Doreen LouryBd. Member
Trustee or director
1$0
Tiffany ThortonBd. Member
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
PAMELA RICH WHEELEREXECUTIVE DIRECTOR
Key employee, Highest-paid employee
40$128,806
RON WILLIFORDPRESIDENT
Trustee or director
1$0
DON WILLIFORDBOARD MEMBER
Trustee or director
1$0
RONALD NICHOLSBOARD MEMBER
Trustee or director
1$0
KENYA THOMPSONBOARD MEMBER
Trustee or director
1$0
JOHN KAHLERBOARD MEMBER
Trustee or director
1$0
JANINE SCAFFBOARD MEMBER
Trustee or director
1$0
BARBARA WILLIAMSBOARD MEMBER
Trustee or director
1$0
KELLY GARRETT BURKSBOARD MEMBER
Trustee or director
1$0
CAMILLE SIMPKINSBOARD MEMBER
Trustee or director
1$0
WILL WILLIAMSBOARD MEMBERS
Trustee or director
1$0
ANGIE BOWIEBOARD MEMBER
Trustee or director
1$0
DR DOREEN LOURYBOARD 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
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,128,372$642,661$1,918,069XML
990December 2023$547,870$402,723$1,096,524XML
990December 2022$429,198$402,605$668,831IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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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