Overview
What is Insourcing?
Insourcing is a nonprofit organization situated in La Fayette, New York, dedicated to fostering growth, reducing poverty, and promoting job creation in economically challenged urban areas. They achieve this mission by offering programs such as license offices and co-working spaces within their own facility. These initiatives aim to stimulate economic development, revitalize communities, and provide opportunities for local residents.
Official website here: www.insourcingworks.net
Is Insourcing legitimate?
Insourcing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Insourcing 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.
Official website here: www.insourcingworks.net
What is the mission statement of Insourcing?
Insourcing's mission is centered around enhancing opportunities, reducing poverty, and fostering job growth within a community, particularly in economically disadvantaged urban areas. To achieve this goal, they offer programs such as license offices and shared workspace spaces. These initiatives aim to retain jobs locally, stimulate economic development, and contribute to the revitalization of the community.
Official website here: www.insourcingworks.net
Who is the CEO of Insourcing?
Robert Herz is the President of Insourcing.
Official website here: www.insourcingworks.net
What is the revenue of Insourcing?
Insourcing's revenue in 2022 was $126,897.
Official website here: www.insourcingworks.net
Who are the executives of Insourcing and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.insourcingworks.net
Where can I find the form 990EZ for Insourcing?
Insourcing's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.insourcingworks.net
Learn more at the official website: www.insourcingworks.net
Mission Statement of Insourcing
Insourcing, as a nonprofit organization, is committed to enhancing opportunities, reducing poverty, fostering job creation and retention, and stimulating economic growth in underprivileged urban areas. To achieve this mission, Insourcing offers various programs, including operating license offices and co-working spaces within their facility. By providing these resources, Insourcing aims to revitalize communities and stimulate economic development in the surrounding areas, ultimately alleviating poverty and increasing opportunities for local residents.
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Impact
October, 2024
Insourcing has a significant impact on local communities by creating opportunities, alleviating poverty, and promoting economic development. By establishing programs such as license offices and co-working spaces, Insourcing directly addresses the community's needs in Lafayette, NY. These initiatives encourage job retention and development, offering residents the tools and resources necessary to thrive economically.
The co-working spaces foster collaboration and innovation among local entrepreneurs, helping them establish sustainable businesses that contribute to the local economy. Meanwhile, the accessible license offices streamline essential services that residents may struggle to obtain, further reducing barriers to employment and self-sufficiency.
Overall, Insourcing's efforts are pivotal in revitalizing economically distressed areas, nurturing a sense of community, and driving long-term improvements in quality of life for residents. Through strategic programming and dedicated support, Insourcing champions community improvement and empowerment, positioning Lafayette as a vibrant place for opportunity and growth.
This information is meant to be a general summary of Insourcing. 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.
- Program Service Revenue: $126,897
- Gross Receipts: $126,897
Assets and Liabilities:
- Total Assets: $266,542
- Total Liabilities: $223,737
- Net Assets: $42,805
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Organization Details
Phone
(315) 243-6865Principal Officer
Robert Herz
Main Address
4451 CHERRY VALLEY TURNPIKE, LAFAYETTE, NY, 13084
Website
www.insourcingworks.netNTEE Category
Code: S30 - Community improvement
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