Overview
What is Social Impact Commons Inc?
Social Impact Commons Inc is a nonprofit organization located in Philadelphia, Pennsylvania. With a team of three dedicated individuals, their mission is to promote equitable access to resources, enabling communities to establish a just and thriving society. They focus on providing the necessary structures and systems to facilitate this goal, aiming to bridge the gap between communities and the resources they require. Their work is geared towards fostering a society that flourishes, ensuring equal opportunities for all.
Is Social Impact Commons Inc legitimate?
Social Impact Commons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Social Impact Commons 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: $484,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,946
For more financial information, click here
What is the mission statement of Social Impact Commons Inc?
Social Impact Commons Inc, as a non-profit organization, is committed to providing communities with the necessary structures and systems to ensure equitable access to the resources required for building a just and thriving society. Their mission is centered around facilitating this equal access, aiming to foster a society that flourishes. The organization's activities are focused on establishing the necessary frameworks to empower communities in their pursuit of a fair and prosperous future.
What is the revenue of Social Impact Commons Inc?
Social Impact Commons Inc's revenue in 2023 was $1,955,410.
Who are the executives of Social Impact Commons Inc and what are their salaries?
The average compensation at Social Impact Commons Inc during 2023 was $152,996. There are 4 employees at Social Impact Commons Inc.
Here are 9 key members and their salaries:
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- Compensation: $175,276
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- Other: $0
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- Compensation: $175,276
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- Other: $0
- Compensation: $133,484
- Related: $0
- Other: $0
Where can I find the form 990 for Social Impact Commons Inc?
Social Impact Commons Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Social Impact Commons Inc
Social Impact Commons Inc, a non-profit, charitable organization, is committed to a noble mission. They strive to provide communities with the necessary structures and systems that enable equitable access to the resources required to construct a just and thriving society. In simpler terms, this mission-driven organization aims to bridge the gap between communities' needs and the resources they require, ultimately contributing to a more fair and prosperous society.
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Impact
October, 2024
Social Impact Commons Inc actively contributes to community development by creating equitable access to essential resources needed for social and economic growth. Based in Philadelphia, the organization focuses on establishing structures and systems that empower communities, fostering environments where individuals have the support they need to thrive. By prioritizing justice and equity, Social Impact Commons Inc plays a crucial role in building a flourishing society, addressing disparities and enhancing the overall well-being of the communities it serves.
This information is meant to be a general summary of Social Impact Commons 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 2023.
- Program Service Revenue: $753,724
- Gross Receipts: $1,955,410
Assets and Liabilities:
- Total Assets: $1,000,603
- Total Liabilities: $9,641
- Net Assets: $990,962
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING REVENUES
Revenue
$692,546
LICENSING REVENUES
Revenue
$61,178
Organization Details
Founding Year
2017
Principal Officer
Thaddeus Squire
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