People Fund Inc

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

EIN: 200983071 ✦ Somerset, KY ✦ Designated as a 501(c)(3)

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Overview

What is People Fund Inc?

People Fund Inc is a nonprofit organization that focuses on collecting funds to address community needs. Their primary objective is to support various projects and initiatives within their community. In 2021, their programs did not distribute any grants, indicating a potential shift in focus or resources at that time. Despite this, the organization continues its mission to raise funds for the betterment of their community.

Is People Fund Inc legitimate?

People Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. People Fund Inc submitted a form 990EZ, 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.

What is the mission statement of People Fund Inc?

People Fund Inc's mission is centered around raising funds for community needs. In alignment with this goal, their activities did not result in grant distributions in the year 2021. The organization's mission is focused on addressing the needs of the community at large, although specific details about the nature of these needs or the methods used to raise funds are not provided in the information given.

Who is the CEO of People Fund Inc?

Unavailable

What is the revenue of People Fund Inc?

People Fund Inc's revenue in 2022 was $0.

Who are the executives of People Fund Inc and what are their salaries?


Here are 8 key members and their salaries:


Toni Shadoan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Helton (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Hall (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ledford Chitwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Fletcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Herrman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Watters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for People Fund Inc?

People Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of People Fund Inc

People Fund Inc, as its mission states, is dedicated to raising funds for various community needs. In line with this mission, the organization's programs did not distribute any grants in 2021. This suggests that People Fund Inc focuses on gathering resources to address diverse community requirements, although it did not disburse financial aid through grants that year.

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Impact




October, 2024

People Fund Inc has a significant impact on addressing community needs in Somerset, KY. By focusing on raising funds to support these needs, the organization plays a vital role in fostering local development and enhancing the quality of life for residents. Although its programs did not issue any grants in 2021, the overarching mission to mobilize resources for community benefit reflects a commitment to long-term support and engagement in the area. Through its efforts, People Fund Inc aims to bolster initiatives that prioritize the welfare of the community, demonstrating the importance of collective investment in public benefit.




This information is meant to be a general summary of People Fund 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
$0 (2022)
Expenses
$15 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $3,956
    • Total Liabilities: $0
    • Net Assets: $3,956

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    Organization Details

    Main Address

    200 Electric Avenue, Somerset, KY, 42501

    NTEE Category

    Code: W12 - Public benefit

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