Overview
What is Tpc Social Ventures Inc?
Tpc Social Ventures Inc, located at 4 Richmond Square 4th Floor, Providence, RI 02906, is a nonprofit organization dedicated to providing employment and training opportunities to individuals with experiences of mental illness or substance use disorders. This mission aligns with and supports the Providence Center, a related tax-exempt affiliate. The organization operates a mailing, packaging, and assembly facility, offering vocational opportunities for those in need. With a team of 10 employees, Tpc Social Ventures Inc aims to empower individuals by equipping them with valuable skills and employment, ultimately contributing positively to their overall well-being.
Official website here: www.promailetc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
TPC Social Ventures Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance management. Their high score is primarily driven by a perfect accountability score, demonstrating robust governance practices such as independent board oversight and effective internal policies, including conflict of interest and whistleblower protections.
The organization has consistently shown financial responsibility, with no reported material diversion of assets and a healthy liabilities to assets ratio. Furthermore, TPC Social Ventures allocates its entire budget toward program expenses, indicating a focused mission to maximize impact through its initiatives.
While the available data highlights the nonprofit's strengths, specific details regarding its programs and overall impact on the community are not addressed. This leaves room for potential donors to further investigate how their contributions translate into tangible benefits for the populations served.
This AI summary has been generated from information found on Charity Navigator.
Is Tpc Social Ventures Inc legitimate?
Tpc Social Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tpc Social Ventures 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: $172,685
For more financial information, click here
Official website here: www.promailetc.com
What is the mission statement of Tpc Social Ventures Inc?
Tpc Social Ventures Inc, as a mission-driven organization, aims to create and offer vocational opportunities for individuals who have experienced mental illness or substance use disorders. This is done in collaboration with and in support of the Providence Center, another tax-exempt entity. The organization's primary initiative, ProMail, provides employment and training chances in a mailing, packaging, and assembly facility, offering these individuals a chance to reintegrate into the workforce and lead fulfilling lives.
Official website here: www.promailetc.com
Who is the CEO of Tpc Social Ventures Inc?
Mary Marran is the President/Coo - Director of Tpc Social Ventures Inc.
Official website here: www.promailetc.com
What is the revenue of Tpc Social Ventures Inc?
Tpc Social Ventures Inc's revenue in 2022 was $1,563,582.
Official website here: www.promailetc.com
Who are the executives of Tpc Social Ventures Inc and what are their salaries?
The average compensation at Tpc Social Ventures Inc during 2022 was $17,268. There are 10 employees at Tpc Social Ventures Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $404,175
- Other: $39,640
- Compensation: $0
- Related: $224,989
- Other: $17,400
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.promailetc.com
Where can I find the form 990 for Tpc Social Ventures Inc?
Tpc Social Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.promailetc.com
Learn more at the official website: www.promailetc.com
Mission Statement of Tpc Social Ventures Inc
Tpc Social Ventures Inc, a mission-driven organization, is dedicated to creating and providing vocational opportunities for individuals who have experienced mental illness or substance abuse problems. This nonprofit operates in conjunction with and in support of The Providence Center, another tax-exempt organization under Internal Revenue Code Section 501(c)(3).
The primary initiative of Tpc Social Ventures Inc is PROMAIL, a program that offers employment and training opportunities in a mailing, packaging, and assembly facility. This venture serves as a valuable resource for those struggling with mental health issues or substance use disorders, providing them with a chance to gain skills, regain confidence, and reintegrate into the workforce. By offering such vocational opportunities, Tpc Social Ventures Inc plays a significant role in promoting recovery and empowerment for individuals who may have faced barriers to employment due to their past experiences.
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Impact
July, 2024
Tpc Social Ventures Inc's impact lies in providing training and employment opportunities to individuals with experience of mental illness or substance abuse problems. Through their program, PROMAIL, they offer employment and training in mailing, packaging, and assembly to this demographic. By creating vocational opportunities, Tpc Social Ventures Inc contributes to the empowerment and integration of individuals facing these challenges into the workforce, ultimately fostering their independence and well-being.
This information is meant to be a general summary of Tpc Social Ventures 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,428
- Program Service Revenue: $1,565,010
- Gross Receipts: $1,563,582
Assets and Liabilities:
- Total Assets: $1,181,076
- Total Liabilities: $184,819
- Net Assets: $996,257
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED REVENUE
Revenue
$1,565,010
Organization Details
Founding Year
1998
Phone
(401) 921-7602Principal Officer
Mary Marran
Main Address
4 RICHMOND SQUARE 4TH FLOOR, PROVIDENCE, RI, 02906
Website
www.promailetc.comNTEE Category
Code: J20 - Employment
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