Overview
What is Ethereum Classic Cooperative Inc?
Ethereum Classic Cooperative Inc is a nonprofit organization situated at 1207 Delaware Ave 541, Wilmington, DE 19806. Their primary mission is to support and advance the Ethereum Classic ecosystem. They achieve this by providing educational resources, attending conferences, panels, and seminars, contributing to maintaining the protocol, and fostering collaboration among Ethereum Classic developers, miners, investors, and business operators. The cooperative aims to accelerate the deployment of Ethereum Classic-based technologies for individual, business, and enterprise use through effective branding, marketing, and education. Their activities directly support the development of Ethereum Classic-related infrastructure and applications.
Official website here: www.etccooperative.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star Rating)
Ethereum Classic Cooperative Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable overall performance within the nonprofit sector. An 85% score signifies strong accountability and financial health, indicating that the organization is effectively managing its resources to achieve its goals. The assessment highlights a well-governed organization with full independence among board members, ensuring decisions are made without conflicts of interest.
The organization excels in several key areas, achieving maximum scores in board independence, material diversion of assets, and transparency policies. With 82.21% of expenses directed toward programs, Ethereum Classic Cooperative demonstrates a commitment to its mission while maintaining a favorable liabilities to assets ratio of 1.50%. These financial metrics suggest prudent management and a focus on impactful initiatives.
Despite its strengths, the rating does not highlight any specific areas for improvement, which could provide insights into potential growth opportunities or challenges the organization may face. Overall, Ethereum Classic Cooperative Inc appears to be a well-run nonprofit with transparent practices and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Ethereum Classic Cooperative Inc legitimate?
Ethereum Classic Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ethereum Classic Cooperative 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: $227,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $523,884
For more financial information, click here
Official website here: www.etccooperative.org/
What is the mission statement of Ethereum Classic Cooperative Inc?
The Ethereum Classic Cooperative Inc's mission is to proactively support the advancement of Ethereum Classic-related technologies. They aim to accelerate the deployment of these technologies for individual, business, and enterprise use through strategic branding, marketing, and education. Furthermore, the cooperative strives to foster collaboration between various Ethereum Classic constituents, such as developers, miners, investors, and business operators, to build a united and thriving community around the Ethereum Classic protocol and infrastructure.
Official website here: www.etccooperative.org/
Who is the CEO of Ethereum Classic Cooperative Inc?
Robert John Summerwill is the Executive Director & Secretary of Ethereum Classic Cooperative Inc.
Official website here: www.etccooperative.org/
What is the revenue of Ethereum Classic Cooperative Inc?
Ethereum Classic Cooperative Inc's revenue in 2022 was $945,699.
Official website here: www.etccooperative.org/
Who are the executives of Ethereum Classic Cooperative Inc and what are their salaries?
There 5 volunteers at Ethereum Classic Cooperative Inc.
Here are 10 key members and their salaries:
- Compensation: $200,000
- Related: $0
- Other: $0
- Compensation: $180,000
- Related: $0
- Other: $0
- Compensation: $150,000
- Related: $0
- Other: $0
- Compensation: $150,000
- Related: $0
- Other: $0
- Compensation: $27,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.etccooperative.org/
Where can I find the form 990 for Ethereum Classic Cooperative Inc?
Ethereum Classic Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.etccooperative.org/
Learn more at the official website: www.etccooperative.org/
Mission Statement of Ethereum Classic Cooperative Inc
Ethereum Classic Cooperative Inc is dedicated to supporting the advancement of Ethereum Classic-based technologies. Their mission is threefold: firstly, they aim to directly contribute to the development of the Ethereum Classic protocol, infrastructure, and associated applications. Secondly, they strive to accelerate the deployment of these technologies for individual use, as well as for businesses and enterprises. They achieve this through effective branding, marketing, and education strategies. Lastly, Ethereum Classic Cooperative Inc works to foster a sense of community and collaboration among the various Ethereum Classic constituents, including developers, miners, investors, and business operators. This collaborative effort is essential in ensuring the continued growth and success of Ethereum Classic.
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Impact
October, 2024
Ethereum Classic Cooperative Inc has significantly influenced the development and growth of the Ethereum Classic ecosystem. By directly supporting the development of Ethereum Classic-based technologies, the organization plays a crucial role in enhancing the protocol’s infrastructure and associated applications. Its commitment to education is evident through the provision of informative materials that raise awareness and understanding among various stakeholders.
The Cooperative fosters collaboration among different constituents such as developers, miners, investors, and business operators, creating a unified community that drives innovation. By participating in conferences, panels, and seminars, it actively promotes the Ethereum Classic ecosystem, enhancing visibility and engagement within the broader blockchain community.
Furthermore, the Cooperative's efforts in maintaining the protocol ensure that Ethereum Classic remains robust and capable of meeting the needs of its users. The focus on effective branding and marketing accelerates the deployment of Ethereum Classic-based technologies, making them accessible to individuals, businesses, and enterprises alike. This holistic approach not only strengthens the Ethereum Classic network but also contributes to the overall evolution of blockchain technology.
This information is meant to be a general summary of Ethereum Classic Cooperative 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.
- Gross Receipts: $945,699
Assets and Liabilities:
- Total Assets: $5,144,585
- Total Liabilities: $77,288
- Net Assets: $5,067,297
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Organization Details
Founding Year
2017
Principal Officer
Robert John Summerwill
Main Address
1207 Delaware Ave 541, Wilmington, DE, 19806
Website
www.etccooperative.org/NTEE Category
Code: U41 - Science research
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