Nonprofit · EIN 62-1274582
GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION
Tax-exempt · NASHVILLE, TN 37228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $863,425 | $1,043,861 | -$180,436 | $1,209,107 | $50,138 | $1,158,969 |
| September 30, 2024 | 990 | $1,474,786 | $935,319 | $539,467 | $1,411,190 | $71,785 | $1,339,405 |
| September 30, 2023 | 990 | $868,620 | $1,367,624 | -$499,004 | $911,012 | $111,074 | $799,938 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $597,226
- of which government grants
- $253,898
- Program service revenue
- $227,850
- Investment income
- $30,998
- Net income from fundraising events
- $7,351
- Other revenue
- $7,351
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $269,001
- Other salaries and wages
- $281,740
- Salaries, compensation and benefits (total)
- $610,234
- Professional fundraising fees
- $0
- Accounting fees
- $32,590
- Occupancy
- $34,932
- Travel
- $7,478
- Program services (functional)
- $645,879
- Management and general (functional)
- $373,679
- Fundraising (functional)
- $24,303
Balance sheet and other
- Total assets, start of year
- $1,411,190
- Total assets, end of year
- $1,209,107
- Total liabilities, end of year
- $50,138
- Net assets, end of year
- $1,158,969
- Net assets without donor restrictions
- $1,061,836
- Net assets with donor restrictions
- $97,133
- Gross receipts
- $871,265
- Employees
- 14
- Volunteers
- 60
- Year formed
- 1987
- State of legal domicile
- TN
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA CRANE JONES | CEO/SECRETARY Trustee or director, Officer | 60 | $267,116 | $9,000 |
| MATT PERKINS | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| CHARLOTTE PEACOCK | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CHAD MARTIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILLIP MCMULLAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JJ ROSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JARRETT STRICKLAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHASITY FARVER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BRENDA R SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHERELLE CORTEZ | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ANGELA CONNER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DAWN MASON | DIRECTOR Trustee or director | 4 | $0 | $0 |
| EMANUEL REED | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL VAN RITE | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA CRANE JONES | CEO/SECRETARY Trustee or director, Officer | 60 | $262,750 | $9,000 |
| MATT PERKINS | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| CHARLOTTE PEACOCK | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHAD MARTIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILLIP MCMULLAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JJ ROSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JARRETT STRICKLAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHASITY FARVER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BRENDA R SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHERELLE CORTEZ | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ANGELA CONNER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| VERONICA M CLARK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAWN MASON | DIRECTOR Trustee or director | 4 | $0 | $0 |
990 for the year ended September 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA CRANE JONES | SECRETARY Trustee or director, Officer | 60 | $184,103 | $9,000 |
| MATT PERKINS | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| CHARLOTTE PEACOCK | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| CHAD MARTIN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHILLIP MCMULLAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JJ ROSEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JARRETT STRICKLAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHASITY FARVER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EMANUEL REED | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BRENDA R SMITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROB WILSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHERELLE CORTEZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANGELA CONNER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| VERONICA M CLARK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DAWN MASON | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 280567, NASHVILLE, TN 37228-0567
- Principal officer (990 for 2024)
- MATT PERKINS, PO BOX 280567, NASHVILLE, TN 37228
- Signed the 990
- MATT PERKINS, CHAIRMAN
- Phone
- (615) 237-1235
- Website
- WWW.NBICHUB.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
SMALL BUSINESS INCUBATION CENTER THAT PROVIDES BELOW MARKET RATE OFFICE SPACE AND OTHER TRAINING AND SUPPORT SERVICES TO ASSIST IN THE GROWTH AND DEVELOPMENT OF SMALL/MICROENTERPRISE BUSINESSES.
Program accomplishments
- THE NASHVILLE BUSINESS INCUBATION CENTER (NBIC) HAS PLAYED A PIVOTAL ROLE IN THE SUCCESS OF SMALL BUSINESSES BY PROVIDING COMPREHENSIVE SUPPORT TAILORED TO THEIR UNIQUE NEEDS. THROUGH PERSONALIZED 1:1 MENTORING, TECHNICAL AND FINANCIAL ASSISTANCE, AND ROBUST MARKETING AND WEBSITE DEVELOPMENT SERVICES, NBIC HAS EMPOWERED THESE BUSINESSES TO THRIVE IN A COMPETITIVE MARKET. BY OFFERING A HOLISTIC APPROACH TO BUSINESS GROWTH, NBIC HAS NOT ONLY FOSTERED ENTREPRENEURIAL SUCCESS BUT ALSO CONTRIBUTED TO THE ECONOMIC VITALITY OF THE NASHVILLE COMMUNITY. IN FISCAL YEAR 2024-2025, NBIC SERVED 542 INDIVIDUALS.Expenses $645,879 · revenue $227,850
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 62-1274582
- 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
- 1987
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $1,209,107
- Income (IRS master file)
- $871,265
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $863,425 | $1,043,861 | $1,209,107 | XML |
| 990 | September 2024 | $1,474,786 | $935,319 | $1,411,190 | XML |
| 990 | September 2023 | $868,620 | $1,367,624 | $911,012 | XML |
| 990 | September 2022 | $1,670,908 | $635,862 | $1,802,518 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 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 62-1274582).
Questions about GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION
- What is the EIN of GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION?
- The employer identification number (EIN) of GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION is 62-1274582.
- Is GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION 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 GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION?
- The 990 for the year ended September 30, 2025 names MATT PERKINS.
- Who are the officers and directors of GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION?
- The 990 for the year ended September 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $267,116 (ANGELA CRANE JONES, CEO/SECRETARY).
- How much revenue does GROWTH ENTERPRISES NASHVILLE INC ASSOCIATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $863,425, expenses of $1,043,861 and total assets of $1,209,107 at year end.
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