Chip Inc

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

EIN: 222632040 ✦ Newcastle, ME ✦ Designated as a 501(c)(3)

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Overview

What is Chip Inc?

Chip Inc, headquartered in Newcastle, Maine, is a nonprofit organization dedicated to meeting the housing and shelter needs of low-income families and individuals. Their mission, aptly described as "Neighbors Helping Neighbors Keep Their Homes Safe, Warm, and Dry," is to provide essential assistance in maintaining comfortable living conditions. In 2022, they extended aid to 285 families through heating fuel assistance and 83 families with home weatherization and repair services. The organization's small but dedicated team of one employee works tirelessly to uphold their mission.


Official website here: www.chipinc.org

What do the Facebook reviews say about Chip Inc?

While Chip Inc currently has no ratings, the two reviews available on Facebook convey a very positive sentiment. One review simply states, "All I can say... is amazing!" which indicates a high level of satisfaction with the organization.

Given this limited feedback, it seems that users have a favorable impression of the nonprofit, highlighting its effectiveness or the impact it has made.

Overall, the current reviews suggest that Chip Inc is on the right track in delivering its mission and resonating well with its supporters.


This AI summary has been generated from reviews found on Facebook.

Is Chip Inc legitimate?

Chip Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chip 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: $23,730
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chipinc.org

What is the mission statement of Chip Inc?

Chip Inc's mission is centered around assisting low-income families and individuals by ensuring their homes remain safe, warm, and dry. This is achieved through a community-driven approach, with neighbors helping neighbors in need. In 2022, the organization provided heating fuel assistance to 285 families and home weatherization and repair services to 83 families, demonstrating its commitment to housing and basic shelter needs.


Official website here: www.chipinc.org

Who is the CEO of Chip Inc?

Susan Glueck is the Director & President of Chip Inc.


Official website here: www.chipinc.org

What is the revenue of Chip Inc?

Chip Inc's revenue in 2022 was $285,132.


Official website here: www.chipinc.org

Who are the executives of Chip Inc and what are their salaries?

The average compensation at Chip Inc during 2022 was $23,730. There is 1 employee and 150 volunteers at Chip Inc.


Here are 16 key members and their salaries:


Dru Barkalow (Director & President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Shaffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Craig (Director & Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Glueck (Director & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Marchi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Mardoian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Mcghee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Pendleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Piper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Sproul-Stubbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Whitner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Wynn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simone Zimmerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Gill (Coordinator)
  • Compensation: $23,730
  • Related: $0
  • Other: $0


Official website here: www.chipinc.org

Where can I find the form 990 for Chip Inc?

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


Official website here: www.chipinc.org

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

Mission Statement of Chip Inc

Chip Inc, a nonprofit organization, is dedicated to assisting low-income families and individuals in maintaining safe, warm, and dry living conditions. Their mission, simply put, is to foster a sense of community aid, encouraging neighbors to help their neighbors in need. Through this mission, Chip Inc provides essential housing services, including heating fuel assistance and home weatherization and repair services. In the year 2022, the organization extended these services to 285 families, ensuring they could keep their homes warm, and 83 families benefited from home weatherization and repair services. This commitment to supporting the basic shelter needs of those in need is at the heart of Chip Inc's mission.

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Impact




October, 2024

Chip Inc plays a crucial role in addressing housing and shelter needs for low-income families and individuals in Newcastle, ME. Through its initiatives focused on "Neighbors Helping Neighbors Keep Their Homes Safe, Warm, and Dry," the organization directly impacts the community by providing essential services.

In 2022, Chip Inc assisted 285 families with heating fuel, ensuring that they could remain warm during the colder months. Additionally, 83 families benefited from home weatherization and repair services, which not only improved their living conditions but also contributed to energy efficiency and long-term sustainability of their homes.

By focusing on the basic shelter needs of the community, Chip Inc fosters a sense of safety and stability for those in need, helping to prevent homelessness and creating healthier living environments. This commitment to improving housing quality and access has a significant ripple effect, enhancing the overall welfare of families and individuals in the region.




This information is meant to be a general summary of Chip 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
$285,132 (2022)
Expenses
$396,080 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,642
  • Gross Receipts: $303,156

Assets and Liabilities:

  • Total Assets: $369,516
  • Total Liabilities: $0
  • Net Assets: $369,516

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Organization Details

Founding Year

1984

Principal Officer

Susan Glueck

Main Address

PO BOX 6, NEWCASTLE, ME, 04553

NTEE Category

Code: L80 - Housing

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