Overview
What is Esperanza Threads Inc?
Esperanza Threads Inc, a nonprofit established in Ohio in 1971, is committed to empowering individuals from low-income backgrounds, including local Clevelanders and migrant refugees. Their primary mission involves offering sewing skill training and job placement opportunities. In addition to this, they function as an organic clothing manufacturer and retailer, utilizing 100% sustainable fabric designs. Esperanza Threads is situated in Cleveland, Ohio, contributing to the community through their intentional and eco-friendly approach to apparel production.
Official website here: www.esperanzathreads.com
Is Esperanza Threads Inc legitimate?
Esperanza Threads Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esperanza Threads Inc 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.esperanzathreads.com
What is the mission statement of Esperanza Threads Inc?
Esperanza Threads Inc, established in 1971, is a non-profit organization dedicated to providing sewing skill training and job placement opportunities. The organization caters to low-income individuals, including locals and migrant refugees new to the city. Beyond this, Esperanza Threads also operates an organic clothing manufacturing and retailing business, utilizing 100% sustainable fabric design. In essence, the mission of Esperanza Threads Inc is to equip individuals with valuable sewing skills and provide them with employment opportunities, while also promoting sustainability through its clothing production.
Official website here: www.esperanzathreads.com
Who is the CEO of Esperanza Threads Inc?
Patrick Gaughan is the President of Esperanza Threads Inc.
Official website here: www.esperanzathreads.com
What is the revenue of Esperanza Threads Inc?
Esperanza Threads Inc's revenue in 2022 was $172,267.
Official website here: www.esperanzathreads.com
Who are the executives of Esperanza Threads Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.esperanzathreads.com
Where can I find the form 990EZ for Esperanza Threads Inc?
Esperanza Threads Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.esperanzathreads.com
Learn more at the official website: www.esperanzathreads.com
Mission Statement of Esperanza Threads Inc
Esperanza Threads Inc, established in 1971, is a renowned nonprofit organization with a mission deeply rooted in providing sewing skill training and job placement opportunities for individuals from low-income backgrounds. This includes local residents of Cleveland and migrant refugees newly settled in the city. Beyond this, Esperanza Threads Inc also operates as an organic clothing manufacturer and retailer, utilizing sustainable fabric designs. By embracing both these roles, the organization aims to contribute positively to the community, empowering individuals and promoting environmental consciousness through its products.
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Impact
October, 2024
Esperanza Threads Inc has made a significant impact in the Cleveland community by providing essential sewing skill training and job placement services to low-income individuals, including migrants and refugees. Since its inception in 1971, the organization has empowered participants with valuable skills that enhance their employability and foster economic stability.
By offering an industrial sewing job training program, Esperanza Threads equips individuals with hands-on experience in a high-demand industry, facilitating successful transitions into the workforce. In addition to training, their role as an organic clothing manufacturer and retailer underscores a commitment to sustainability, utilizing 100% sustainable fabric for their products. This approach not only promotes environmentally responsible practices but also creates job opportunities within the community.
Through its programs, Esperanza Threads Inc contributes to the economic growth of Cleveland while nurturing a sense of community among diverse groups, fostering inclusion and resilience. The organization’s focus on sustainable employment aligns with broader efforts to create a more equitable and environmentally conscious economy.
This information is meant to be a general summary of Esperanza Threads 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: $164
- Program Service Revenue: $13,763
- Gross Receipts: $172,267
Assets and Liabilities:
- Total Assets: $192,499
- Total Liabilities: $159
- Net Assets: $192,340
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Organization Details
Phone
(216) 961-9009Principal Officer
Patrick Gaughan
Main Address
1370 W 69TH STREET, CLEVELAND, OH, 44102
Website
www.esperanzathreads.comNTEE Category
Code: J22 - Employment
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