Overview
What is Village Empowerment Inc?
Village Empowerment Inc is a nonprofit organization situated in Lowell, Massachusetts, with a mission to uplift communities worldwide. They specialize in providing sustainable solutions to overcome poverty, focusing on renewable energy, livelihood, and health sectors in Ethiopia, Sierra Leone, and Tanzania. Their approach involves sharing knowledge about various technologies and tailoring solutions to the resources, economy, and culture of the community, thereby meeting essential needs such as energy, water, food, and light. The organization aims to break the cycle of poverty globally, empowering communities to become self-sufficient and thrive.
Official website here: www.villageempowerment.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Village Empowerment Inc has received a score of 77%, which indicates a solid performance in terms of accountability and finance. The organization has demonstrated strong governance, with a fully independent board and comprehensive financial audits. Additionally, the charity has effective policies in place, such as a conflict of interest policy and a whistleblower policy, enhancing its transparency and ethical standards.
One of the notable strengths of Village Empowerment Inc is its impressive program expense ratio, showing that 99.41% of its expenditures are directed toward its programs. This suggests a strong commitment to fulfilling its mission. Furthermore, the organization has no reported material diversion of assets, which indicates a high level of financial integrity.
However, the charity faced a challenge with its liabilities to assets ratio, which was recorded at 73.65%, resulting in a lack of points in that category. This may raise concerns regarding the financial stability of the organization moving forward. Overall, while Village Empowerment Inc exhibits several strengths in governance and program expenses, potential donors may want to consider its financial ratios for a more complete picture.
This AI summary has been generated from information found on Charity Navigator.
Is Village Empowerment Inc legitimate?
Village Empowerment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Empowerment 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.villageempowerment.us
What is the mission statement of Village Empowerment Inc?
Village Empowerment Inc's mission is to equip communities worldwide with the necessary knowledge to design, utilize, and implement various technologies. This mission aims to break the cycle of poverty and provide sustainable solutions that cater to the community's resources, economy, and culture. The organization focuses on meeting the basic needs of people in these communities, including energy, water, food, and light, among others, on a global scale.
Official website here: www.villageempowerment.us
Who is the CEO of Village Empowerment Inc?
H Harish Hande is the President of Village Empowerment Inc.
Official website here: www.villageempowerment.us
What is the revenue of Village Empowerment Inc?
Village Empowerment Inc's revenue in 2022 was $488,150.
Official website here: www.villageempowerment.us
Who are the executives of Village Empowerment Inc and what are their salaries?
There 4 volunteers at Village Empowerment Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.villageempowerment.us
Where can I find the form 990 for Village Empowerment Inc?
Village Empowerment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.villageempowerment.us
Learn more at the official website: www.villageempowerment.us
Mission Statement of Village Empowerment Inc
Village Empowerment Inc is dedicated to providing communities worldwide with the necessary knowledge and tools to design, implement, and utilize various technologies. Their ultimate goal is to break the cycle of poverty and promote sustainable solutions. By embracing the resources, economy, and culture present in each community, Village Empowerment Inc strives to meet the fundamental needs of people, such as energy, water, food, and light, globally. By doing so, they aim to empower communities to rise above poverty and build a more resilient and prosperous future for themselves.
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Impact
July, 2024
Village Empowerment Inc provides sustainable solutions across the globe that break the cycle of poverty. They focus on renewable energy solutions in livelihood and health sectors in Ethiopia, Sierra Leone, and Tanzania. Their mission is to provide communities with the knowledge of design, application, and implementation of various technologies to meet the energy, water, food, light, and other needs of people in communities globally. Village Empowerment aims to embrace the resources, economy, and culture present in the community to create long-lasting impacts.
This information is meant to be a general summary of Village Empowerment 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: $180
- Gross Receipts: $488,150
Assets and Liabilities:
- Total Assets: $305,516
- Total Liabilities: $202,528
- Net Assets: $102,988
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Organization Details
Founding Year
2007
Phone
(978) 458-0522Principal Officer
H Harish Hande
Main Address
50 CALEB STREET, LOWELL, MA, 01851
Website
www.villageempowerment.usNTEE Category
Code: Q33 - International
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