Overview
What is Initiatives Inc?
Initiatives Inc, situated in Bel Air, Maryland, is a community development corporation that dedicates its efforts to providing charitable employment services. As a nonprofit organization, its primary mission is to offer job-related assistance in a benevolent manner. This encompasses various aspects, ensuring that individuals in need can secure employment and improve their livelihoods.
Is Initiatives Inc legitimate?
Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Initiatives 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: $829,364
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What is the mission statement of Initiatives Inc?
Initiatives Inc, as a community development corporation, is committed to providing charitable employment services. The organization's mission is centered around offering employment opportunities with a charitable intent. By doing so, Initiatives aims to contribute positively to the community and provide a means of employment for individuals in need. The specifics of the services offered and the population served are not detailed in the provided information, but it can be inferred that the organization seeks to make a positive impact through its employment initiatives.
Who is the CEO of Initiatives Inc?
John Bugg is the Ceo of Initiatives Inc. The CEO's salary of Initiatives Inc is $0 and their total compensation is $0.
What is the revenue of Initiatives Inc?
Initiatives Inc's revenue in 2020 was $1,615,192.
Who are the executives of Initiatives Inc and what are their salaries?
The average compensation at Initiatives Inc during 2020 was $5,841. There are 142 employees and 5 volunteers at Initiatives Inc.
Here are 5 key members and their salaries (Initiatives Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Initiatives Inc?
Initiatives Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Initiatives Inc
Initiatives Inc, a community development corporation, is committed to providing charitable employment services. In simpler terms, this organization's mission is to offer employment opportunities in a charitable context. By doing so, Initiatives Inc aims to contribute positively to its community, potentially providing job opportunities for those in need. The corporation's focus on charitable employment services sets it apart, demonstrating its dedication to uplifting individuals and the community as a whole.
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Impact
October, 2024
Initiatives Inc significantly impacts the community in Bel Air, MD, by offering charitable employment services that enhance economic opportunities for individuals. By focusing on community development, the organization plays a vital role in improving the overall quality of life for residents. Through its programs, Initiatives Inc helps individuals secure meaningful employment, which not only supports their personal growth but also contributes to the local economy. This commitment to fostering skills and providing job placement resources empowers individuals, reduces barriers to employment, and promotes long-term self-sufficiency. Ultimately, Initiatives Inc strengthens the community by driving positive change and fostering a more inclusive workforce.
This information is meant to be a general summary of 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $1,615,192
- Gross Receipts: $1,615,192
Assets and Liabilities:
- Total Assets: $427,038
- Total Liabilities: $84,297
- Net Assets: $342,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYMENT SERVICES
Revenue
$1,615,192
Organization Details
Founding Year
2010
Principal Officer
John Bugg
Main Address
1704 STONE IVY PLACE, BEL AIR, MD, 21015
NTEE Category
Code: S20 - Community improvement
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