Southwire Cares Inc

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

EIN: 202000189 ✦ Carrollton, GA ✦ Designated as a 501(c)(3)

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Overview

What is Southwire Cares Inc?

Southwire Cares Inc is a charitable organization, headquartered in Carrollton, Georgia, specifically at One Southwire Drive. Their primary mission is to offer emergency assistance to employees of the Southwire Company who are currently experiencing financial difficulties. Beyond aiding their own workforce, Southwire Cares also invests in community programs that benefit the areas where their employees reside and work. This holistic approach aims to provide essential support during challenging times, demonstrating Southwire Cares' commitment to its employees and the communities they serve.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Southwire Cares Inc has achieved a Three-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The organization scored 86% overall, with its score derived entirely from its Accountability & Finance metrics. This indicates a solid commitment to financial transparency and effective management of resources.

The charity demonstrates notable strengths, including a fully independent board with eight members, a high program expense ratio of 95.89%, and a robust audit and oversight committee. These factors contribute to the organization's trustworthiness and financial health, suggesting that the majority of its funds are directed toward its programs.

However, while the organization excels in accountability metrics, the summary does not provide insights into program effectiveness or community impact. Potential donors may want to consider looking for additional information regarding the specific outcomes of Southwire Cares Inc's initiatives to gain a more comprehensive view of its overall performance.


This AI summary has been generated from information found on Charity Navigator.

Is Southwire Cares Inc legitimate?

Southwire Cares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwire Cares 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

What is the mission statement of Southwire Cares Inc?

Southwire Cares Inc is committed to providing emergency assistance to employees of the Southwire Company who are experiencing financial hardships. Beyond this, the organization also funds programs that benefit the community where these employees reside and work. In essence, Southwire Cares Inc seeks to offer a helping hand to its own employees in times of need and contribute positively to the community they are a part of.

Who is the CEO of Southwire Cares Inc?

Jason Pollard is the President of Southwire Cares Inc.

What is the revenue of Southwire Cares Inc?

Southwire Cares Inc's revenue in 2022 was $1,970,944.

Who are the executives of Southwire Cares Inc and what are their salaries?

There 1000 volunteers at Southwire Cares Inc.


Here are 4 key members and their salaries:


Jason Pollard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Bromich (Former Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Lewis (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Neal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southwire Cares Inc?

Southwire Cares Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southwire Cares Inc

Southwire Cares Inc is a mission-driven organization that prioritizes providing emergency assistance to employees of the Southwire Company who encounter financial hardships. Its mission extends beyond the company, as it also aims to fund programs that benefit the communities where these employees reside and work. In essence, Southwire Cares Inc serves as a safety net for its employees in times of financial distress and contributes to the betterment of the community they are a part of.

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Impact




August, 2024

Southwire Cares Inc has a significant impact on its community by providing emergency assistance to Southwire Company employees facing financial hardships. This assistance not only supports individuals in their time of need but also contributes to the well-being of the community where these employees live and work. By funding programs that benefit the local area, Southwire Cares Inc plays a crucial role in enhancing the quality of life for both employees and residents.




This information is meant to be a general summary of Southwire Cares 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
$1,970,944 (2022)
Expenses
$1,364,823 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,104
  • Gross Receipts: $1,970,944

Assets and Liabilities:

  • Total Assets: $1,382,290
  • Total Liabilities: $16,075
  • Net Assets: $1,366,215

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Organization Details

Founding Year

2004

Principal Officer

Jason Pollard

Main Address

ONE SOUTHWIRE DRIVE, CARROLLTON, GA, 30119

NTEE Category

Code: Z99 - Unknown

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