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The Hatch Inc

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

EIN: 462309129 ✦ Brattleboro, VT ✦ Designated as a 501(c)(3)

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Overview

What is The Hatch Inc?

The Hatch Inc, based in Brattleboro, Vermont, is a nonprofit organization that operates Hatchspace, a community-focused facility. Their mission is to preserve and advance the artistry of woodworking by nurturing traditional and contemporary skills and techniques. By providing instruction, tools, and workspace, they foster a community of woodworkers. Additionally, The Hatch Inc organizes charitable cultural events to further their cause. With a team of four dedicated individuals, they aim to promote the value and practice of craft in their local community.


Official website here: www.hatchspace.org

Is The Hatch Inc legitimate?

The Hatch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hatch 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: $261,891

For more financial information, click here


Official website here: www.hatchspace.org

What is the mission statement of The Hatch Inc?

The Hatch Inc, as an organization, is committed to producing cultural events for charitable purposes. One of its primary initiatives is HatchSpace, a community workshop that aims to promote and foster the value and practice of craft, particularly woodworking. By providing instruction, tools, and a workspace, HatchSpace supports a community of woodworkers, encouraging the advancement of traditional and contemporary woodworking skills and methods. The goal is to preserve the artistry of woodworking and contribute to the overall cultural scene.


Official website here: www.hatchspace.org

What is the revenue of The Hatch Inc?

The Hatch Inc's revenue in 2023 was $705,694.


Official website here: www.hatchspace.org

Who are the executives of The Hatch Inc and what are their salaries?

The average compensation at The Hatch Inc during 2023 was $32,736. There are 8 employees and 12 volunteers at The Hatch Inc.

Here are 10 key members and their salaries:


Lars Hasselblad Torres (Executive Director)
  • Compensation: $129,531
  • Related: $0
  • Other: $0
Mark Tarmy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Zamore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Hastings (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sage Ruth (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Feidelseit (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Bodett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Fletcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Shriner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dyllan Nguyen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hatchspace.org

Where can I find the form 990 for The Hatch Inc?

The Hatch Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hatchspace.org

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

Mission Statement of The Hatch Inc

The Hatch Inc, a nonprofit organization, is committed to producing cultural events for charitable purposes. At the heart of its mission is Hatchspace, a community workshop that champions the significance and practice of craft. This community-supported facility provides instruction, essential tools, and a conducive space to foster a community of woodworkers, thereby preserving and advancing traditional and contemporary woodworking skills and methods. By promoting the value of craftsmanship, The Hatch Inc aims to support and empower a community of skilled woodworkers.

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Impact




July, 2024

The Hatch Inc, through its operation of HatchSpace, plays a crucial role in preserving and promoting the artistry of woodworkers in Brattleboro, VT. By providing instruction, tools, and space for the community of woodworkers, The Hatch fosters the advancement of traditional and contemporary woodworking skills and methods. Additionally, The Hatch produces cultural events for charitable purposes, further contributing to the artistic and cultural enrichment of the community. Its impact resonates within the arts scene and the community as a whole.




This information is meant to be a general summary of The Hatch 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
$705,694 (2023)
Expenses
$553,280 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $55
  • Program Service Revenue: $129,058
  • Gross Receipts: $715,840

Assets and Liabilities:

  • Total Assets: $154,622
  • Total Liabilities: $122,368
  • Net Assets: $32,254

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL PROGRAMS

Revenue

$75,679

MISC INCOME

Revenue

$8,840

WORKSHOP MEMBERS PGM

Revenue

$44,539

Organization Details

Founding Year

1990

Principal Officer

Tom Bodett

NTEE Category

Code: A65 - Arts

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