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Project Invest

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

EIN: 133315296 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Project Invest?

Project Invest is a grassroots initiative that collaborates with high school and college educators, along with volunteers from the insurance industry, to deliver insurance education through an online curriculum. The program, which is seeing significant growth across the United States, particularly in high schools and community colleges, is actively promoting insurance career opportunities to students. Approximately 950 educators are involved in Project Invest, and it has a presence in over 50 states, impacting over 34,500 students this academic year. The program specifically targets diverse or minority-based school populations, with 33% of schools offering the program in such settings. Invest's mission is to attract and prepare a diverse talent pool for the insurance industry, providing insurance education, career pathways, and opportunities such as job shadowing, scholarships, career coaching, internships, and partnerships with insurance apprenticeship programs.


Official website here: www.investprogram.org

Is Project Invest legitimate?

Project Invest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Invest 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: $209,090

For more financial information, click here


Official website here: www.investprogram.org

What is the mission statement of Project Invest?

Project Invest's mission is centered around education and talent development in the insurance industry. The organization aims to create a diverse pool of insurance professionals and informed consumers by educating high school and college students about careers in insurance, financial services, and risk management. Through its grassroots program, Project Invest collaborates with high school and college educators and volunteers from the insurance industry to provide insurance instruction via an online curriculum and promote career opportunities in the industry. The program has seen significant growth across the United States, with 33% of the schools offering the Invest program to diverse or minority-based school populations. Project Invest also expands its programming with workforce development groups that serve minority populations and currently works with approximately 950 educators, active in 50 states, reaching over 34,500 students this school year. The organization provides various opportunities for students, including job shadowing, scholarships, career coaching, internships, and partnerships with insurance apprenticeship programs.


Official website here: www.investprogram.org

Who is the CEO of Project Invest?

Charles E Symington Jr is the Principal Officer of Project Invest.


Official website here: www.investprogram.org

What is the revenue of Project Invest?

Project Invest's revenue in 2022 was $389,059.


Official website here: www.investprogram.org

Who are the executives of Project Invest and what are their salaries?

There 395 volunteers at Project Invest.


Here are 27 key members and their salaries:


Bob Redden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Mccall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Didomizo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Glass (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darcy Waddell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Marlett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Delaney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Wagner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dori King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Mohr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Errica Rivera (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal Soden Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Ogard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paul-Purssord (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Padron (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Reed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Moran (Executive Committee Liaison)
  • Compensation: $0
  • Related: $9,904
  • Other: $0
Luke Horton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Lenane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Riegl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Van Aartruk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Nepras (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Hessberger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Pickford (President/Executive Director)
  • Compensation: $0
  • Related: $112,288
  • Other: $28,072
Eugene S Cocke (Treasurer)
  • Compensation: $0
  • Related: $397,494
  • Other: $54,096


Official website here: www.investprogram.org

Where can I find the form 990 for Project Invest?

Project Invest's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.investprogram.org

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

Mission Statement of Project Invest

Project Invest, a grassroots organization, is committed to a mission that involves educating, preparing, and attracting diverse talent to the insurance industry. The primary objective of this nonprofit is to create a diverse pool of insurance professionals and well-informed consumers by educating high school and college students about careers in insurance, financial services, and risk management. By partnering with educators and volunteers from the insurance industry, Project Invest provides insurance instruction through an online curriculum and promotes career opportunities within the sector to students.

The organization has seen significant growth across the United States, with a majority of high schools and community colleges offering the Invest program, particularly to diverse or minority-based school populations. Project Invest also collaborates with workforce development groups that serve minority populations, expanding its programming efforts. Currently, Project Invest works with approximately 950 educators and is active in 50 states, with over 34,500 students learning about insurance careers this school year.

The initiatives of Project Invest include offering an insurance education and career pathways for students, such as job shadowing, scholarships, career coaching, internships, and partnerships with several insurance apprenticeship programs. By providing these opportunities, Project Invest aims to empower the next generation of insurance professionals and informed consumers, contributing to a more diverse and inclusive industry.

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Impact




October, 2024

Project Invest has a transformative impact on the insurance industry by addressing the critical need for a diverse and well-informed workforce. By partnering high school and college educators with industry professionals, the initiative empowers students through an online curriculum focused on insurance education and career pathways. This grassroots program not only educates students but also actively attracts them to a wide range of careers within the insurance sector.

With a footprint across 50 states, Project Invest has become an integral part of the educational landscape, encompassing over 34,500 students and around 950 educators this school year. It excels in promoting opportunities especially among diverse and minority-based school populations, with 33% of participating schools focusing on these groups.

The program offers essential components such as job shadowing, scholarships, career coaching, and internships. By cultivating partnerships with workforce development groups and insurance apprenticeship programs, Project Invest plays a crucial role in preparing students for a viable future in the insurance and financial services sectors. The initiative fosters the development of a diverse pool of insurance professionals and informed consumers, thereby enhancing the industry’s capacity to meet the evolving needs of society.




This information is meant to be a general summary of Project Invest. 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
$389,059 (2022)
Expenses
$346,294 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,648
  • Gross Receipts: $389,059

Assets and Liabilities:

  • Total Assets: $649,712
  • Total Liabilities: $144,578
  • Net Assets: $505,134

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Organization Details

Founding Year

1986

Principal Officer

Charles E Symington Jr

Main Address

127 SOUTH PEYTON ST, ALEXANDRIA, VA, 22314

NTEE Category

Code: V22Z - Social research

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