Overview
What is Power Inspires Progress Inc?
Power Inspires Progress Inc is a nonprofit organization situated in Cincinnati, Ohio, with a focus on empowering low-income, disadvantaged, and disabled individuals in the greater Cincinnati area. Their mission involves equipping these individuals with essential skills necessary to secure employment opportunities in the open market. To achieve this, Power Inspires Progress operates small businesses within the city, offering a conducive environment for adults facing employment barriers to learn basic education, life skills, work ethics, and personal responsibility. The trainees gain practical experience and knowledge, ultimately becoming self-sufficient and successful members of the workforce.
Official website here: www.powerinspiresprogess.com
Is Power Inspires Progress Inc legitimate?
Power Inspires Progress Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Power Inspires Progress 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: $45,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,411
For more financial information, click here
Official website here: www.powerinspiresprogess.com
What is the mission statement of Power Inspires Progress Inc?
Power Inspires Progress Inc's mission was to create meaningful work opportunities for adults with employment barriers by operating small businesses within urban areas. The organization aimed to teach essential skills such as basic education, life lessons, work ethics, and personal responsibility. By providing this training, the trainees were equipped to succeed in the workforce. Power Inspires Progress Inc's mission was to empower these individuals, ultimately helping them become self-sufficient and contribute positively to society. Unfortunately, Power Inspires Progress Inc ceased operations in 2022.
Official website here: www.powerinspiresprogess.com
Who is the CEO of Power Inspires Progress Inc?
Mark J Shannon is the Co-Chair of Power Inspires Progress Inc.
Official website here: www.powerinspiresprogess.com
What is the revenue of Power Inspires Progress Inc?
Power Inspires Progress Inc's revenue in 2022 was $47,510.
Official website here: www.powerinspiresprogess.com
Who are the executives of Power Inspires Progress Inc and what are their salaries?
The average compensation at Power Inspires Progress Inc during 2022 was $83,326. There is 1 employee at Power Inspires Progress Inc.
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Official website here: www.powerinspiresprogess.com
Where can I find the form 990 for Power Inspires Progress Inc?
Power Inspires Progress Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.powerinspiresprogess.com
Learn more at the official website: www.powerinspiresprogess.com
Mission Statement of Power Inspires Progress Inc
Power Inspires Progress, a nonprofit organization, aims to provide meaningful work opportunities for adults with employment barriers in urban areas. Its mission is to establish small businesses within these communities, offering individuals a chance to gain practical experience and essential skills. The organization focuses on teaching basic education, life skills, work ethics, and personal responsibility. By doing so, Power Inspires Progress empowers its trainees, equipping them with the necessary knowledge and skills to succeed in the job market. The ultimate goal is to break down employment barriers and help individuals become self-sufficient members of society. Regrettably, Power Inspires Progress ceased operations in 2022, with an effective date of January 30, 2023.
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Impact
October, 2024
Power Inspires Progress Inc had a significant impact by operating small businesses in inner-city Cincinnati, providing positive and meaningful work opportunities for adults facing employment barriers. By focusing on low-income, disadvantaged, and disabled individuals, the organization offered essential job training and supervision, equipping them with the skills necessary to thrive in the workforce.
Through a comprehensive approach that included teaching basic education, life skills, work ethics, and personal responsibility, trainees were empowered to gain not only knowledge but also practical experience. This empowerment helped facilitate their transition into the job market, fostering independence and improving economic stability within the community.
Although the organization dissolved in 2022, its legacy of support and development for those in need remains a testament to the importance of providing access to meaningful employment opportunities for all individuals, regardless of their circumstances.
This information is meant to be a general summary of Power Inspires Progress 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 2022.
- Investment Income: $26,761
- Program Service Revenue: $4,907
- Gross Receipts: $57,935
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CATERING
Revenue
$4,907
Organization Details
Founding Year
1993
Phone
(513) 324-0347Principal Officer
Mark J Shannon
Main Address
1501 REPUBLIC STREET, CINCINNATI, OH, 45202
Website
www.powerinspiresprogess.comNTEE Category
Code: Z99Z - Unknown
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