Overview
What is Meritas Inc?
Meritas Inc is a global network of independent law firms, serving as a bridge for businesses seeking legal expertise. The organization's primary mission is to facilitate trust and relationships between its member firms, thereby enabling the referral of legal work across various geographic regions. Meritas functions as an alliance, providing a platform for law firms to confidently refer clients to one another, ensuring access to qualified legal professionals worldwide. The organization's core activity revolves around fostering connections during member meetings, thereby strengthening the network and enhancing its effectiveness in delivering legal services.
Official website here: www.meritas.org
Is Meritas Inc legitimate?
Meritas Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Meritas 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: $360,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $894,990
For more financial information, click here
Official website here: www.meritas.org
What is the mission statement of Meritas Inc?
Meritas Inc, a global network of independent law firms, collaborates with legal professionals worldwide to offer businesses access to qualified legal expertise. The organization's primary objective is to foster relationships and build trust among its members during meetings. By establishing a strong network, Meritas enables its members to confidently refer clients to each other, providing legal services across various regions. The organization's goal is to facilitate seamless legal work referrals, thereby enhancing the efficiency and effectiveness of legal services for businesses globally.
Official website here: www.meritas.org
Who is the CEO of Meritas Inc?
Sona Pancholy is the Chairman Of The Board of Meritas Inc.
Official website here: www.meritas.org
What is the revenue of Meritas Inc?
Meritas Inc's revenue in 2022 was $4,193,238.
Official website here: www.meritas.org
Who are the executives of Meritas Inc and what are their salaries?
The average compensation at Meritas Inc during 2022 was $96,592. There are 13 employees at Meritas Inc.
Here are 25 key members and their salaries:
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- Compensation: $259,276
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- Compensation: $159,921
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- Other: $27,705
- Compensation: $139,442
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- Other: $5,572
Official website here: www.meritas.org
Where can I find the form 990 for Meritas Inc?
Meritas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meritas.org
Learn more at the official website: www.meritas.org
Mission Statement of Meritas Inc
Meritas Inc, a global network of independent law firms, aims to connect businesses with qualified legal expertise from around the world. By collaborating with various law firms worldwide, Meritas provides a platform for members to refer clients with confidence, ensuring a high standard of legal service. The organization's primary objective during member meetings is to foster relationships and establish trust among its members. This mutual trust enables the efficient referral of legal work across different regions of the network, thereby benefiting both clients and member firms.
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Impact
October, 2024
Meritas Inc significantly impacts the legal landscape by fostering collaboration among independent law firms on a global scale. By creating a robust network, it enables businesses to access a wide array of qualified legal expertise tailored to their specific needs. This alliance not only enhances the ability of law firms to confidently refer clients to trusted peers but also ensures that clients receive consistent and high-quality legal support across various jurisdictions.
The organization places a strong emphasis on relationship building and trust during member meetings, which are crucial for effective referrals and collaborative efforts. This commitment to establishing trustworthy connections contributes to a more cohesive legal community, allowing for enhanced service delivery and client satisfaction.
Furthermore, Meritas Inc plays a pivotal role in community improvement by supporting legal practitioners in sharing knowledge and best practices, ultimately leading to better legal outcomes for individuals and businesses alike. Through these efforts, Meritas helps bridge gaps in legal services worldwide, empowering law firms to operate more efficiently and effectively while operating under shared values and mutual support.
This information is meant to be a general summary of Meritas 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: $10,678
- Program Service Revenue: $4,182,560
- Gross Receipts: $4,193,238
Assets and Liabilities:
- Total Assets: $5,178,417
- Total Liabilities: $1,980,751
- Net Assets: $3,197,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,499,377
MEMBERSHIP MEETING
Revenue
$683,183
Organization Details
Founding Year
1990
Phone
(612) 339-8680Principal Officer
Sona Pancholy
Main Address
3800 AMERICAN BLVD W SUITE 995, BLOOMINGTON, MN, 55431
Website
www.meritas.orgNTEE Category
Code: S41 - Community improvement
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