Overview
What is The Mission Collective Inc?
The Mission Collective Inc is a nonprofit organization with a focus on establishing city-centric hubs of mission for North America. Established in 2014, their primary objective is to create shared-use, open-concept, collaborative facilities where community leaders from both faith and business sectors can collaborate on common interests and initiatives. These hubs serve as platforms for leaders to inspire and create good works, aiming to better serve their cities. Located in Charleston, South Carolina, the hubs have three primary purposes: providing coworking spaces for business and nonprofit leaders having a positive impact on their cities, fostering intellectual, service, and network contributions, and offering flexible, multidimensional, hybrid workspaces serving as incubators for leaders. The Daniel Island Fellowship, a part of The Mission Collective, initially launched in 2015 as a church in an urban development area, and later spun off as a separate entity in 2020. With over 555 regular attendees, the Daniel Island Fellowship has been instrumental in bringing healing, hope, and life-changing experiences to its community.
Official website here: www.missioncollective.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
The Mission Collective Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization achieved an impressive 100% score for its independent board membership and has demonstrated no material diversion of assets, emphasizing its integrity in financial management. The organization maintains a high program expense ratio of 98.27%, suggesting that the vast majority of its funds are directed towards its mission-driven programs.
While the organization has several strong governance policies in place, it is noted that it lacks a whistleblower policy, which could be seen as a limitation in its transparency framework. Nonetheless, the presence of a conflict of interest policy and documented board meeting minutes underscores its commitment to maintaining high standards of accountability.
Overall, The Mission Collective Inc stands out for its effective financial stewardship and strong governance practices, making it a reliable choice for donors looking to support impactful nonprofit work.
This AI summary has been generated from information found on Charity Navigator.
Is The Mission Collective Inc legitimate?
The Mission Collective Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mission Collective 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
Official website here: www.missioncollective.org
What is the mission statement of The Mission Collective Inc?
The Mission Collective Inc was launched with the objective of establishing city-centric hubs across North America. These hubs aim to serve as shared, open-concept, collaborative facilities, fostering communication among faith and business community leaders who share common interests and initiatives. The hubs aim to inspire and create good works to improve their cities. The hubs serve multiple purposes, including providing a coworking space for business and nonprofit leaders having a positive impact on their cities. These facilities are flexible, multidimensional, and hybrid, acting as incubators for leaders, fostering intellectual, service, and network contributions for business and nonprofit endeavors. The leaders utilizing these hubs pay membership fees, which help cover the costs.
Official website here: www.missioncollective.org
Who is the CEO of The Mission Collective Inc?
Paul Sorensen is the Director of The Mission Collective Inc. The CEO's salary of The Mission Collective Inc is $0 and their total compensation is $0.
Official website here: www.missioncollective.org
What is the revenue of The Mission Collective Inc?
The Mission Collective Inc's revenue in 2022 was $82,668.
Official website here: www.missioncollective.org
Who are the executives of The Mission Collective Inc and what are their salaries?
There 7 volunteers at The Mission Collective Inc.
Here are 6 key members and their salaries (The Mission Collective Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.missioncollective.org
Where can I find the form 990 for The Mission Collective Inc?
The Mission Collective Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.missioncollective.org
Learn more at the official website: www.missioncollective.org
Mission Statement of The Mission Collective Inc
The Mission Collective Inc, established in 2014, was launched with the objective of planting hubs of missions across North America. To achieve this goal, they establish shared-use, open-concept collaborative facilities that enable community leaders of faith and business to collaborate around common interests and initiatives. These facilities serve as incubators for leaders, fostering intellectual, service, and network contributions for business and nonprofit endeavors. By securing strategically located open-office workspaces, The Mission Collective Inc provides flexible, multidimensional, hybrid workspaces for business and nonprofit leaders who are positively impacting their cities. These participants pay membership fees, which help offset the costs of the facilities. The primary purpose of these city-centric hubs is to inspire and create good works that benefit their cities.
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Impact
October, 2024
The Mission Collective Inc is focused on creating city-centric hubs that foster collaboration among community leaders in faith and business to inspire and generate positive change. By establishing flexible, open-concept coworking spaces, the Collective aims to provide strategic environments where leaders can network, share ideas, and develop initiatives that benefit their communities.
Starting in Charleston, the initiative serves as an incubator for innovative ventures and social good projects. These spaces are designed to encourage intellectual exchange and service-oriented contributions, ultimately enhancing the capacity of local leaders to address community needs effectively.
One notable achievement is the establishment of the Daniel Island Fellowship, now known as One Fellowship, which launched in 2015. This community has seen significant engagement, with over 555 regular attendees, highlighting the transformative impact of such collaborative hubs.
The Mission Collective Inc not only aims to improve the conditions of their cities through shared efforts but also seeks to nurture a sense of belonging and hope among individuals from diverse backgrounds. Their work creates a foundation for sustained growth and positive social impact in urban areas.
This information is meant to be a general summary of The Mission Collective 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4
- Gross Receipts: $82,668
Assets and Liabilities:
- Total Assets: $73,932
- Total Liabilities: $0
- Net Assets: $73,932
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Organization Details
Founding Year
2005
Phone
(203) 921-7833Principal Officer
Paul Sorensen
Main Address
142 SPORTSMAN ISLAND DR, CHARLESTON, SC, 29492
Website
www.missioncollective.orgNTEE Category
Code: P20 - Human services
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