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Initiatives Inc

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

EIN: 273955581 ✦ Bel air, MD ✦ Designated as a 501(c)(3)

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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $829,364

For more financial information, click here


What is the mission statement of Initiatives Inc?
Who is the CEO of Initiatives Inc?
What is the revenue of Initiatives Inc?
Who are the executives of Initiatives Inc and what are their salaries?
Where can I find the form 990 for Initiatives Inc?

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.

Impact

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.




Thursday, August 15, 2024

Initiatives Inc plays a crucial role in improving the community by providing charitable employment services. Through their initiatives, they directly impact the lives of individuals by offering them opportunities for meaningful employment, leading to economic stability and personal growth. By focusing on community improvement through their charitable employment services, Initiatives Inc helps create a more inclusive and thriving society in Bel Air, MD.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $0
  • 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
  • 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

    If you are a representative of Initiatives Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.