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Global Initiatives Inc

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

EIN: 223080437 ✦ Gloucester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Global Initiatives Inc?

Global Initiatives Inc is a charitable organization located in Gloucester, Massachusetts, with a mission to make a difference for a greener planet. They are working towards building a replica of a 1922 American Schooner, which will serve not only as a unique platform for renewable energy but also as an educational vessel for high school students. The schooner's focus is on environmental education, aiming to teach the future generation about the importance of sustainability and preserving our planet. Additionally, the organization is committed to providing sail training on the ship, offering students hands-on experience and knowledge in this field.

Is Global Initiatives Inc legitimate?

Global Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Global Initiatives Inc submitted a form 990EZ, 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.

What is the mission statement of Global Initiatives Inc?

Global Initiatives Inc is an organization dedicated to raising funds to construct a replica of a 1922 American Schooner. The primary purpose of this vessel is to serve as a platform for renewable energy and sustainability, promoting a greener planet. The Schooner will also be utilized for sail training and environmental education of high school students. The organization's mission extends to educating the younger generation about the importance of sustainability and the use of renewable energy.

Who is the CEO of Global Initiatives Inc?

Unavailable

What is the revenue of Global Initiatives Inc?

Global Initiatives Inc's revenue in 2022 was $2,600.

Who are the executives of Global Initiatives Inc and what are their salaries?


Here are 4 key members and their salaries:


Thomas Ellis (Pres,Treas,Cler)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Feinstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Sacca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Ellis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Global Initiatives Inc?

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

Mission Statement of Global Initiatives Inc

Global Initiatives, a notable nonprofit organization, is dedicated to raising funds for an ambitious project – the construction of a replica of a 1922 American Schooner. The primary objective of this vessel is to serve as a beacon for renewable energy and the pursuit of a greener planet.

Beyond its environmental purpose, the Schooner is designed to double as a platform for sail training and environmental education for high school students. This maritime endeavor aims to provide young learners with hands-on experience and knowledge about sustainable energy and the importance of preserving our planet.

By engaging in this unique project, Global Initiatives intends to foster a new generation of environmentally conscious leaders who will carry forward the mission of sustainability and renewable energy. The organization's efforts to blend education, innovation, and conservation make it a significant player in the realm of environmental advocacy and education.

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Impact




June, 2024

Global Initiatives Inc's impact can be seen through its efforts to build a replica of a 1922 American Schooner in Gloucester, MA. This initiative not only promotes renewable energy and environmental sustainability but also provides sail training and environmental education opportunities for high school students. By focusing on these areas, Global Initiatives Inc is contributing to a greener planet and empowering youth to become environmentally conscious leaders.




This information is meant to be a general summary of Global Initiatives 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
$2,600 (2022)
Expenses
$545 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,600

Assets and Liabilities:

  • Total Assets: $37,285
  • Total Liabilities: $0
  • Net Assets: $37,285

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Organization Details

Main Address

3 OLD BRAY STREET, GLOUCESTER, MA, 01930

NTEE Category

Code: C60Z - Environment

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