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Innovative Concepts Inc

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

EIN: 061816677 ✦ Silver spring, MD ✦ Designated as a 501(c)(3)

Overview

What is Innovative Concepts Inc?

Innovative Concepts Inc is a nonprofit organization situated in Silver Spring, Maryland. With a workforce of 20 individuals, their primary mission is to offer residential services to individuals with intellectual and developmental disabilities. Their comprehensive approach includes providing basic housing facilities and vocational and mentorship programs. These programs aim to empower and support the individuals they serve, enabling them to lead fulfilling lives to the best of their abilities. Their services extend beyond just housing, providing opportunities for growth and independence.


Is Innovative Concepts Inc legitimate?

Innovative Concepts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovative Concepts 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.

Here are some key statistics you may want to consider:

Executive Compensation: $57,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $342,039

For more financial information, click here


What is the mission statement of Innovative Concepts Inc?
Who is the CEO of Innovative Concepts Inc?
What is the revenue of Innovative Concepts Inc?
Who are the executives of Innovative Concepts Inc and what are their salaries?
Where can I find the form 990 for Innovative Concepts Inc?

Mission Statement of Innovative Concepts Inc

Innovative Concepts Inc, a nonprofit organization, is dedicated to providing residential services for individuals with intellectual and developmental disabilities. Their mission encompasses offering essential housing facilities and vocational and mentorship programs. By doing so, Innovative Concepts Inc aims to empower and support these individuals, enabling them to lead fulfilling lives with a sense of independence and dignity. Their services are designed to cater to the unique needs of each resident, fostering an environment of growth and development. By providing a comprehensive range of support, Innovative Concepts Inc strives to create opportunities for personal and professional growth, enabling individuals with intellectual and developmental disabilities to reach their full potential.

Impact

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




Saturday, July 20, 2024

Innovative Concepts Inc's impact can be seen in the lives of individuals with intellectual and developmental disabilities in the District of Columbia. By providing residential services, vocational training, and mentorship programs, Innovative Concepts Inc plays a crucial role in supporting these individuals to lead more independent and fulfilling lives. Through their efforts, they contribute to the empowerment and inclusion of a marginalized population, helping them to gain essential life skills and pursue meaningful employment opportunities.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $753,983

    • Assets and Liabilities:
  • Total Assets: $51,946
  • Total Liabilities: $2,578
  • Net Assets: $49,368
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Michael Slaughter

    Main Address

    8639B 16TH STREET, SILVER SPRING, MD, 209102273

    NTEE Category

    Code: J22 - Employment

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