Overview
What is Baltimore Community Toolbank Inc?
Baltimore Community Toolbank Inc is a nonprofit organization located at 1224 WICOMICO STREET, BALTIMORE, MD 21230. Their mission is to facilitate community development by lending a wide range of tools, including landscaping, painting, cleaning, construction, and safety equipment, to charitable organizations at a modest rental fee. This strategy allows these organizations to save resources that would otherwise be spent on purchasing these tools, enabling them to direct those funds towards boosting their community-focused initiatives more effectively. The organization aims to empower a diverse array of community-based partners across the Mid-Atlantic region by providing them with the essential tools they need to carry out their mission-related efforts successfully. With a dedicated workforce of four individuals, Baltimore Community Toolbank Inc plays a crucial role in fostering community revitalization and improvement in the Mid-Atlantic region.
Official website here: www.baltimoretoolbank.org/
Is Baltimore Community Toolbank Inc legitimate?
Baltimore Community Toolbank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Community Toolbank 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: $82,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,087
For more financial information, click here
Official website here: www.baltimoretoolbank.org/
What is the mission statement of Baltimore Community Toolbank Inc?
Baltimore Community Toolbank Inc's mission is to manage a collection of tools for lending to charitable organizations. This service aims to boost the effectiveness of these organizations in fulfilling their community-focused objectives. By offering a wide range of tools such as landscaping, painting, cleaning, construction, and safety gear at a modest rental fee, the Toolbank helps save valuable resources that would otherwise be spent on purchasing these items. This allows local groups to redirect their funds towards more community projects, including renovation, renewal, and revitalization efforts. Through this service, Baltimore Community Toolbank Inc contributes to strengthening and celebrating the shared community by empowering various community-based partners across the Mid-Atlantic region.
Official website here: www.baltimoretoolbank.org/
Who is the CEO of Baltimore Community Toolbank Inc?
Noah Smock is the President of Baltimore Community Toolbank Inc.
Official website here: www.baltimoretoolbank.org/
What is the revenue of Baltimore Community Toolbank Inc?
Baltimore Community Toolbank Inc's revenue in 2022 was $322,444.
Official website here: www.baltimoretoolbank.org/
Who are the executives of Baltimore Community Toolbank Inc and what are their salaries?
The average compensation at Baltimore Community Toolbank Inc during 2022 was $35,915. There are 4 employees and 23 volunteers at Baltimore Community Toolbank Inc.
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- Compensation: $78,223
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- Other: $4,350
Official website here: www.baltimoretoolbank.org/
Where can I find the form 990 for Baltimore Community Toolbank Inc?
Baltimore Community Toolbank Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baltimoretoolbank.org/
Learn more at the official website: www.baltimoretoolbank.org/
Mission Statement of Baltimore Community Toolbank Inc
Baltimore Community Toolbank Inc plays a crucial role in supporting community-based organizations by stewarding an inventory of tools for lending. This mission-driven initiative allows these charitable organizations to increase the impact of their mission-related efforts in the community. By lending a wide variety of tools such as landscaping, painting, cleaning, construction, and safety gear for a small rental fee, the Toolbank frees up vital resources that would otherwise be spent on purchasing these items. This enables local groups to direct those funds towards carrying out their essential work, which involves renovating, renewing, and revitalizing their respective communities. The Toolbank strengthens and celebrates the shared community by empowering a diversity of partners across the Mid-Atlantic with the tools they need to accomplish their mission-driven goals.
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Impact
October, 2024
Baltimore Community Toolbank Inc significantly impacts the local community by providing essential tools to charitable organizations, enhancing their ability to carry out mission-related efforts. By lending a diverse inventory of tools—ranging from landscaping and painting equipment to cleaning and safety gear—at an affordable rental fee, the Toolbank empowers community-based partners across the Mid-Atlantic region.
This access to tools allows organizations to redirect funds that would otherwise be spent on purchasing equipment towards initiatives that renovate, renew, and revitalize their neighborhoods. The Toolbank not only supports these groups in their essential work but also fosters a spirit of collaboration and community celebration, strengthening the bonds among various stakeholders working towards common goals. Through its services, Baltimore Community Toolbank Inc enhances community improvement efforts, ultimately contributing to a more vibrant and resilient Baltimore.
This information is meant to be a general summary of Baltimore Community Toolbank 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: $21
- Program Service Revenue: $59,304
- Gross Receipts: $341,288
Assets and Liabilities:
- Total Assets: $511,070
- Total Liabilities: $34,202
- Net Assets: $476,868
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOOL HANDLING FEES
Revenue
$59,304
Organization Details
Founding Year
2010
Phone
(410) 244-5565Principal Officer
Noah Smock
Main Address
1224 WICOMICO STREET, BALTIMORE, MD, 21230
Website
www.baltimoretoolbank.org/NTEE Category
Code: S00 - Community improvement
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