IMPACT HUB HOUSTON

HOUSTON, TX | Harris County
Economic Development

Overview

IMPACT HUB HOUSTON
83-2379449
1801 MAIN ST STE 1000
HOUSTON, TX 77002
Harris County
(484) 854-0945

houston@impacthub.net
Mission Statement info

IMPACT HUB HOUSTON IS A 501C3 NON-PROFIT ORGANIZATION THAT EMPOWERS PEOPLE TO DEVELOP SOLUTIONS AND SOCIAL VENTURES WITH SCALABLE IMPACT FOR A MORE JUST AND SUSTAINABLE WORLD. GUIDESTAR PLATINUM CERTIFIED FOR OUR COMMITMENT TO TRANSPARENCY AND ACCOUNTABILITY, WE WORK ALONGSIDE OVER 112 IMPACT HUBS WITH 24,000+ MEMBERS SPANNING 69 COUNTRIES AROUND THE WORLD AND GROWING — RECOGNIZED BY THE UNITED NATIONS AS THE WORLD’S LARGEST COMMUNITY FOR ACCELERATING ENTREPRENEURIAL SOLUTIONS FOR THE SUSTAINABLE DEVELOPMENT GOALS (SDGS). TOGETHER, WE OFFER INTENTIONAL, INCLUSIVE, AND INTERNATIONAL SUPPORT THAT HELPS DIVERSE INNOVATORS LEVERAGE BUSINESS AND PROFIT TO BETTER SERVE PEOPLE AND PLANET SO WE ALL MAY THRIVE.

CRA Category info
  • Economic Development
Nonprofit location info
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2018
Total Employees info
3
Total Volunteers info
15
Nonprofit Classification (NTEE Code) info
P01

P - Human Services

Alliances & Advocacy

Organizations whose activities focus on influencing public policy within the Human Services - Multipurpose and Other major group area. Includes a variety of activities from public education and influencing public opinion to lobbying national and state legislatures.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813319
Other Social Advocacy Organizations
Targeted Clients info
  • Entrepreneurs
  • General Public
  • Minority Individuals
  • Minority-Owned Businesses
  • Nonprofits
  • Small Businesses
  • Women
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
30%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
LOWHIGH
LOWHIGH
LOWHIGH
LOWHIGH
Programs & Services info
Business Ecosystem Alliance for Minorities & Women (BEAMW)
WE AIM TO SERVE MINORITY & WOMEN ENTREPRENEURS’ MOST CRITICAL NEEDS, INCLUDING: Coordination and Navigation, In-Depth Services, Personal Networks, Financial Preparedness, Personal Credit, Alternative and Innovative Capital, and Microloans.
Targeted Clients info
  • Entrepreneurs
  • Minority-Owned Businesses
  • Small Businesses
  • Women
  • Women-Owned Businesses
CRA Income Characteristics info
  • Low-Income
  • Moderate-Income
Earn Your Freedom (EYF)
Earn Your Freedom ignites financial literacy education by leveraging gamification through its innovative video game Money Quest. EYF believes everyone should have the right to gain the knowledge and skills for sound financial decision-making.
Targeted Clients info
  • At-Risk Youth
  • Children & Youth
  • College Students
  • K-12 Students
CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$491.2K
Revenue
$491.2K
Assets
$429.2K

IRS Business Master File Details info

As of August 2024
Exempt Ruling Date info
2019-09
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of August 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12

Nonprofit Location

Physical Address info
1801 MAIN ST STE 1000
HOUSTON, TX 77002
Harris County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
26420
MSA/MD info
48
State info
201
County info
1000.01
Tract info
Upper
Income Level info
Core-Based Statistical Area info
26420 - Houston-Pasadena-The Woodlands, TX
Combined Statistical Area info
288 - Houston-Pasadena, TX
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 50.85%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • TX - Harris County

Market Data

Census Tract County
1000.01 Harris County
Population
Total Population 6,543 4,726,177
Total Households 2,560 1,692,896
Income
Median Income* $219,934 $70,789
Median Family Income (2024 FFIEC est.) $97,400 $97,400
Tract Income Percentage 271.09% N/A
Below Poverty Level 13.6% 15.8%
Unemployment Level 4.4% 6.4%
Housing
Total Housing Units 3,230 1,851,489
Total Owner-Occupied Units 2.4% 54.6%
Total Renter-Occupied Units 76.8% 45.4%
Total Vacant Units 20.7% 10.1%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

8
Total Voting Members
in Governing Body
info
8
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Grace Rodriguez
Principal Officer info
Grace Rodriguez
findCRA Profile Owner
Michelle Avalos
Deputy Director
houston@impacthub.net
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2021-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.