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Presidents Council Foundation Inc

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

EIN: 341943092 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Presidents Council Foundation Inc?

Presidents Council Foundation Inc, based in Cleveland, Ohio, serves as a catalyst for inclusion, supporting, developing, and advocating for the future generations of African American entrepreneurs and leaders in their region. With a team of six dedicated individuals, this nonprofit organization is committed to fostering an inclusive environment and empowering the current and emerging leaders within their community.


Official website here: www.thepresidentscouncil.org

What do the Facebook reviews say about Presidents Council Foundation Inc?

100% of 11 reviewers on Facebook recommend Presidents Council Foundation Inc. Here's a summary of their insights:

The organization is praised for its positive representation of Cleveland, indicating a strong connection to the local community. Reviewers appreciate the impact the foundation has, suggesting it effectively fulfills its mission and engages with the public in a meaningful way.

Overall, the enthusiasm from supporters highlights the foundation's commitment and effectiveness, showcasing its value in the community it serves.


This AI summary has been generated from reviews found on Facebook.

Is Presidents Council Foundation Inc legitimate?

Presidents Council Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presidents Council Foundation 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: $282,281

For more financial information, click here


Official website here: www.thepresidentscouncil.org

What is the mission statement of Presidents Council Foundation Inc?

The Presidents Council Foundation Inc serves as a catalyst for inclusion, supporting, developing, and advocating for future generations. Their mission is focused on empowering African American entrepreneurs and leaders across various regions. They strive to foster an environment that encourages growth and progress, ensuring a sustainable impact for these communities. The foundation's activities aim to enhance opportunities and provide resources to nurture the next generation of leaders, ultimately contributing to a more inclusive society.


Official website here: www.thepresidentscouncil.org

Who is the CEO of Presidents Council Foundation Inc?

Erica Penick is the Executive Director of Presidents Council Foundation Inc.


Official website here: www.thepresidentscouncil.org

What is the revenue of Presidents Council Foundation Inc?

Presidents Council Foundation Inc's revenue in 2022 was $1,770,809.


Official website here: www.thepresidentscouncil.org

Who are the executives of Presidents Council Foundation Inc and what are their salaries?

The average compensation at Presidents Council Foundation Inc during 2022 was $47,047. There are 6 employees at Presidents Council Foundation Inc.


Here are 19 key members and their salaries:


Erica Penick (Executive Director)
  • Compensation: $21,449
  • Related: $0
  • Other: $0
Montrie R Adams (Director)
  • Compensation: $10,868
  • Related: $0
  • Other: $0
Michael W Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
N Michael Obi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Necole Cumberlander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Warder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Waltermire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Blair Bickerstaff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Harkness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrell Dillard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Chubb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard C Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzzanne Miklos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nwaka Onwusa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ariane Kirkpatrick (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian E Hall (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Taylor Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tameka Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thepresidentscouncil.org

Where can I find the form 990 for Presidents Council Foundation Inc?

Presidents Council Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thepresidentscouncil.org

Learn more at the official website: www.thepresidentscouncil.org

Mission Statement of Presidents Council Foundation Inc

The Presidents Council Foundation Inc, serving as a catalyst for inclusion, supports, develops, and advocates for the current and future generations of African American entrepreneurs and leaders. Their mission is geared towards fostering a conducive environment for the growth and success of African American communities, ensuring that these generations have the necessary resources and opportunities to thrive. By acting as a catalyst, the Presidents Council Foundation Inc aims to spark change and promote equality, ensuring that African American voices are heard and represented in various sectors.

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Impact




October, 2024

Presidents Council Foundation Inc plays a significant role in fostering inclusion and empowerment for African American entrepreneurs and leaders in Cleveland, Ohio. By acting as a catalyst for economic and social development, the organization advocates for current and future generations, ensuring they have the support and resources necessary to thrive in their pursuits.

Through various initiatives, the foundation works to enhance opportunities for employment and leadership, addressing systemic barriers that often hinder the progress of underrepresented communities. By focusing on advocacy, support, and development, the Presidents Council Foundation Inc not only uplifts individuals but also strengthens the broader economic landscape, promoting diversity and inclusion within the region.

The foundation's impactful efforts create a ripple effect, inspiring a culture of entrepreneurship and leadership among African Americans, ultimately contributing to the community's growth and resilience.




This information is meant to be a general summary of Presidents Council Foundation 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.

Revenue
$1,770,809 (2022)
Expenses
$574,675 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,770,809

Assets and Liabilities:

  • Total Assets: $1,350,368
  • Total Liabilities: $13,960
  • Net Assets: $1,336,408

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Organization Details

Founding Year

2000

Principal Officer

Erica Penick

Main Address

2814 DETROIT AVENUE, CLEVELAND, OH, 44115

NTEE Category

Code: J22 - Employment

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