Pip Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043056955 ✦ Worcester, MA ✦ Designated as a 501(c)(2)

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Overview

What is Pip Foundation Inc?

Pip Foundation Inc is a nonprofit organization situated in Worcester, Massachusetts, specifically at 701 Main Street. Its primary role is to support an affiliated organization, the Worcester Public Inebriate Program, Inc., by holding title to their real estate. This arrangement allows the affiliated organization to operate more effectively, as Pip Foundation Inc takes care of the property-related aspects. The foundation's mission is closely tied to the welfare of its affiliated organization, demonstrating a commitment to community development and support.


Official website here: www.smoc.org

Is Pip Foundation Inc legitimate?

Pip Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Pip Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.smoc.org

What is the mission statement of Pip Foundation Inc?

The Pip Foundation Inc's primary role is to manage real estate for an affiliated organization, specifically the Worcester Public Inebriate Program Inc. In essence, the foundation's mission is to provide suitable property facilities for this particular program. This mission is critical in supporting the operations and services provided by the Worcester Public Inebriate Program Inc. However, it's important to note that the Pip Foundation Inc's mission does not involve direct service provision or advocacy, but rather, it focuses on the provision of necessary real estate infrastructure.


Official website here: www.smoc.org

Who is the CEO of Pip Foundation Inc?

Susan Gentili is the Principal Officer of Pip Foundation Inc.


Official website here: www.smoc.org

What is the revenue of Pip Foundation Inc?

Pip Foundation Inc's revenue in 2021 was $15,588.


Official website here: www.smoc.org

Who are the executives of Pip Foundation Inc and what are their salaries?

There 8 volunteers at Pip Foundation Inc.


Here are 10 key members and their salaries:


Lawrence Scult (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Fishman (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Hibbard (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamula Zicko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Hulme (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Locke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James T Cuddy (Executive Director)
  • Compensation: $0
  • Related: $373,233
  • Other: $32,873
Michael Hutnak (Cfo)
  • Compensation: $0
  • Related: $147,244
  • Other: $6,279


Official website here: www.smoc.org

Where can I find the form 990 for Pip Foundation Inc?

Pip Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.smoc.org

Learn more at the official website: www.smoc.org

Mission Statement of Pip Foundation Inc

Pip Foundation Inc, as outlined in the provided information, is an organization with a specific mission. This mission revolves around holding real estate for an affiliated entity, the Worcester Public Inebriate Program, Inc. In simpler terms, Pip Foundation Inc serves as a landholder for this program, providing it with the necessary property to operate. This role is critical in ensuring the program has a physical space to carry out its operations, thereby contributing to its overall success and ability to serve its intended population.

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Impact




October, 2024

Pip Foundation Inc significantly contributes to the community by managing and overseeing real estate for the Worcester Public Inebriate Program, Inc. This initiative is vital for providing essential support and resources to individuals struggling with substance use issues. By holding title to real estate, Pip Foundation Inc ensures that the program can operate effectively and continue its mission of aiding those in need. This involvement not only enhances the services available to the community but also fosters an environment focused on rehabilitation, ultimately leading to improved public health outcomes in Worcester, MA.




This information is meant to be a general summary of Pip Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$15,155 (2021)
Expenses
$21,503 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $15,588
  • Gross Receipts: $15,588

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$15,588

Organization Details

Founding Year

1989

Principal Officer

Susan Gentili

Main Address

701 MAIN STREET, WORCESTER, MA, 01610

NTEE Category

Code: S47 - Community improvement

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