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Conscious Capitalism Inc

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

EIN: 202238653 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Conscious Capitalism Inc?

Conscious Capitalism Inc., a U.S.-based nonprofit organization with 22 employees, is headquartered in Denver, Colorado. Their primary mission is to transform the world of business by fostering a movement of leaders committed to elevating humanity. They achieve this by promoting a shift in the purpose, practice, and perception of capitalism. Through their four tenets - higher purpose, stakeholder orientation, conscious leadership, and conscious culture - they inspire, connect, and educate the global business community. They do this by maintaining 23 U.S. and international chapters, hosting events such as the annual CEO Summit, and providing free virtual programming and local gatherings. Conscious Capitalism Inc. also publishes stories and data showcasing how stakeholders are working towards building a more just and sustainable world through business.


Official website here: www.consciouscapitalism.org

What are the reviews and ratings of this charity?

Charity Navigator rates Conscious Capitalism Inc with a score of 92%, which corresponds to a Four-Star out of Four Star rating. This high score reflects strong performance in accountability and finance, where they earned 93 points, indicating solid financial management and transparency practices. The organization boasts a fully independent board and a well-established audit and oversight committee, demonstrating a commitment to governance standards.

User feedback highlights the organization's positive impact, with supporters praising its mission to elevate humanity through business. A volunteer from ImermanAngels commended the organization for its dedicated team and meaningful work, further suggesting that Conscious Capitalism Inc fosters strong partnerships in the nonprofit space.

While overall ratings are very favorable, there are areas where program expense ratios could be improved, as the organization received 22 out of 25 points in this category. This suggests a need for ongoing focus to ensure that a larger portion of funding goes directly towards programmatic activities. However, the overall financial health and governance of the organization remain strong.


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

Is Conscious Capitalism Inc legitimate?

Conscious Capitalism Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conscious Capitalism 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: $858,041
Professional Fundraising Fees: $1,309
Other Salaries and Wages: $784,400

For more financial information, click here


Official website here: www.consciouscapitalism.org

What is the mission statement of Conscious Capitalism Inc?

Conscious Capitalism Inc, as a nonprofit organization, is dedicated to building a movement of business leaders who aim to elevate humanity. Their mission is to improve the practice and perception of capitalism, enabling billions of people to lead fulfilling lives filled with passion, purpose, love, and creativity. Conscious Capitalism Inc achieves this by convening, connecting, inspiring, and educating the global business community around its philosophy, which includes four tenets: higher purpose, stakeholder orientation, conscious leadership, and conscious culture. The organization fosters peer support through its various chapters and engages members in opportunities to leverage business as a force for good. Conscious Capitalism Inc provides access to ideas, information, and inspiration through events and publications, showcasing how its stakeholders are actively working towards creating a better, more just, and sustainable world through business.


Official website here: www.consciouscapitalism.org

Who is the CEO of Conscious Capitalism Inc?

Karen Sammon is the Board Member of Conscious Capitalism Inc. The CEO's salary of Conscious Capitalism Inc is $96,042 and their total compensation is $96,042.


Official website here: www.consciouscapitalism.org

What is the revenue of Conscious Capitalism Inc?

Conscious Capitalism Inc's revenue in 2022 was $2,139,454.


Official website here: www.consciouscapitalism.org

Who are the executives of Conscious Capitalism Inc and what are their salaries?

The average compensation at Conscious Capitalism Inc during 2022 was $74,656. There are 22 employees and 160 volunteers at Conscious Capitalism Inc.


Here are 26 key members and their salaries (Conscious Capitalism Inc's CEO's salary is $96,042 and their total compensation is $96,042):


Alan Lazowski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Schultz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Freeman Parsons (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Rosner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Hite (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gardner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dev Patnaik (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Massey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hattie Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heath Dieckert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jevon Mccormick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mackey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Kenner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kip Tindell (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Twist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raj Sisodia (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rand Stagen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Safwan Shah (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunny Vanderbeck (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Sammon (Ceo)
  • Compensation: $96,042
  • Related: $0
  • Other: $0
Alexander Mccobin (Ceo (Left In 2022))
  • Compensation: $271,745
  • Related: $0
  • Other: $0
Clark Ruper (Coo)
  • Compensation: $119,421
  • Related: $0
  • Other: $0
Melissa Koehne (Vp Business Development)
  • Compensation: $105,000
  • Related: $0
  • Other: $0
Abby Schwalb (Vp Programs)
  • Compensation: $133,333
  • Related: $0
  • Other: $0
Anna Stokes (Vp Marketing & Operations)
  • Compensation: $132,500
  • Related: $0
  • Other: $0


Official website here: www.consciouscapitalism.org

Where can I find the form 990 for Conscious Capitalism Inc?

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


Official website here: www.consciouscapitalism.org

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

Mission Statement of Conscious Capitalism Inc

Conscious Capitalism Inc, a 501(c)(3) nonprofit organization, is dedicated to building a movement of business leaders committed to elevating humanity. The mission of this organization is to transform the practice and perception of capitalism by encouraging leaders to prioritize human flourishing. By focusing on higher purpose, stakeholder orientation, conscious leadership, and conscious culture, Conscious Capitalism Inc aims to create a world where billions of individuals can live fulfilling lives, infused with passion, purpose, love, and creativity. The organization achieves this goal by fostering networks of peer support, connecting and inspiring the global business community, and providing access to ideas, information, and inspiration through various programs and events. Conscious Capitalism Inc's activities are designed to uplift and empower individuals, ultimately leading to a world characterized by freedom, harmony, prosperity, and compassion.

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Impact




October, 2024

Conscious Capitalism Inc. is actively transforming the landscape of business by fostering a movement of leaders who prioritize the enhancement of humanity through their practices. By advocating for a redefined approach to capitalism, the organization focuses on integrating ethical considerations into business operations, aiming to create a world characterized by freedom, harmony, prosperity, and compassion.

Through its four tenets of higher purpose, stakeholder orientation, conscious leadership, and conscious culture, Conscious Capitalism Inc. engages with business leaders globally, promoting a philosophy that encourages leaders to act with a sense of responsibility and connection to the wider community.

The organization facilitates a rich network of peer support via its 23 chapters, both in the U.S. and internationally. This community-building effort enables members to collaborate, share best practices, and inspire one another to leverage their businesses as instruments for good. Events such as the annual Conscious Capitalism CEO Summit and regular educational programming demonstrate its commitment to spreading knowledge and encouraging a conscious approach to business leadership.

Additionally, Conscious Capitalism Inc. publishes impactful stories and data illustrating how leaders and companies are actively contributing to a more just and sustainable world. By providing access to valuable resources and fostering connections within the business community, Conscious Capitalism Inc. is playing a crucial role in reshaping the perception and practice of capitalism, ultimately aiming for a future where billions can flourish in a purpose-driven and compassionate environment.




This information is meant to be a general summary of Conscious Capitalism 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
$2,139,454 (2022)
Expenses
$3,083,066 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,283,888
  • Gross Receipts: $2,139,454

Assets and Liabilities:

  • Total Assets: $1,381,779
  • Total Liabilities: $383,131
  • Net Assets: $998,648

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE/PRODUCT REVENU

Revenue

$752,313

CHAPTER EVENTS

Revenue

$531,575

Organization Details

Founding Year

2005

Principal Officer

Karen Sammon

Main Address

1624 MARKET ST STE 226 PMB 33057, DENVER, CO, 80202

NTEE Category

Code: Q40 - International

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