Organizations Filed Purposes:
RISING TIDE CAPITAL, INC. IS A NON-PROFIT ORGANIZATION COMMITTED TO THE ECONOMIC EMPOWERMENT OF LOW-INCOME COMMUNITIES THROUGH ENTREPRENEURSHIP. OUR MISSION IS TO ASSIST LOW-INCOME ENTREPRENEURS TO BUILD STRONG BUSINESSES THAT TRANSFORM LIVES, STRENGTHEN FAMILIES AND CREATE VIBRANT, SUSTAINABLE NEIGHBORHOODS. WE HELP TO BUILD MORE INCLUSIVE, RESILIENT AND HEALTHY LOCAL ECONOMIES IN THE COMMUNITIES WHERE RISING TIDE ENTREPRENEURS LIVE AND WORK. OUR VISION IS TO CREATE A REPLICABLE MODEL FOR HIGH-QUALITY ENTREPRENEURIAL DEVELOPMENT SERVICES THAT CAN BE LOCALLY ADOPTED IN OTHER LOW-INCOME COMMUNITIES AND USED AS A CATALYST FOR SOCIAL AND ECONOMIC EMPOWERMENT.
RISING TIDE CAPITAL, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS FOCUSED ON TREANSFORMING LIVES AND COMMUNITEIS THROUGH ENTREPRENEURSHIP. WE ASSIST LOW-INCOME ENTREPRENEURS TO BUILD STRONG BUSINESSES THAT TRANSFORM LIVES, STRENGTHEN FAMILIES AND CREATE VIBRANT, SUSTAINABLE NEIGHBORHOODS. IN DOING SO, WE HELP TO BUILD MORE INCLUSIVE, RESILIENT ABD HEALTHY LOCAL ECONOMIES IN THE COMMUNITIES WHERE RISING TIDE ENTREPRENEURS LIVE AND WORK. WE ARE DRIVEN BY A VISION OF HOW STRONG COMMUNITIES OF RESILIENT ENTREPRENEURS CAN CATALYZE A THRIVING AND SUSTAINABLE ECONOMY FOR ALL.
RISING TIDE CAPITAL PROVIDED INTENSIVE BUSINESS DEVELOPMENT SERVICES TO 1157 ENTREPRENEURS DURING 2019. 469 PEOPLE GRADUATED FROM OUR COMMUNITY BUSINESS ACADEMY AND 753 PEOPLE RECEIVED ADVANCED SERVICES THROUGH OUR BUSINESS ACCELERATION SERVICES PROGRAM. THESE EFFORTS RESULTED IN 97 NEW BUSINESSES BEING STARTED DURING THE YEAR, 398 BUSINESSES STRENGTHENED/STABILIZED AND 305 BUSINESSES EXPANDED, CREATING A TOTAL OF 419 NEW JOBS WHICH INCLUDES 219.2 FTES. WITHIN TWO YEARS AFTER GRADUATING, OUR ENTREPRENEURS EXPERIENCE AN AVERAGE 84% INCREASE IN BUSINESS REVENUE AND 62% INCREASE IN HOUSEHOLD INCOME.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Alfa Demmellash | CHIEF EXECUTIVE OFFICER | 40 | $175,001 |
| Alex Forrester | CHIEF STRATEGY AND INNOVAT | 40 | $160,004 |
| Jay Savulich | CHIEF OPERATING OFFICER | 40 | $123,836 |
| Louisa Cousins | DIRECTOR - PROGRAM EVALUATION/OUTCOMES | 40 | $104,632 |
| Andrea Geroldi | CHIEF OF STAFF | 40 | $43,751 |
| Gillian Sarjeant-Allen | EXECUTIVE DIRECTOR - NJ | 40 | $7,695 |
| Joe Masterson | TRUSTEE | 2 | $0 |
| Kristen Sharp | TRUSTEE | 2 | $0 |
| Aicha Balla | TRUSTEE | 2 | $0 |
| Alex Ros | TRUSTEE | 2 | $0 |
| Matthew Barnes | TRUSTEE | 2 | $0 |
| Anand Devendran | TRUSTEE | 2 | $0 |
| Ariadne Papgapitos | SECRETARY | 2 | $0 |
| Ron Gravino | TREASURER | 2 | $0 |
| John Mahoney | VICE CHAIRMAN | 2 | $0 |
| Doug Forrester | CHAIRMAN | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003169349303990_public.xml