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Modacares Foundation Inc

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

EIN: 465741421 ✦ Bayside, NY ✦ Designated as a 501(c)(3)

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Overview

What is Modacares Foundation Inc?

The ModaCares Foundation is a nonprofit organization dedicated to fostering sustainable businesses and promoting economic growth. They achieve this by offering mentorship in production and distribution strategies. Additionally, they organize special events to boost brand visibility and boost public awareness. In 2022, they sponsored four events to support the UN Sustainable Development Goals, supported women-owned small businesses through brand development mentorship, strengthened economic growth through partnerships, and marketed their initiatives.


Official website here: www.fashion4development.com

Is Modacares Foundation Inc legitimate?

Modacares Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Modacares 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: $0

For more financial information, click here


Official website here: www.fashion4development.com

What is the mission statement of Modacares Foundation Inc?

The ModaCares Foundation's mission is centered around aiding in the establishment of sustainable businesses. They achieve this by offering mentorship in production and distribution aspects. Furthermore, the organization hosts special events to boost the visibility of these companies. In 2022, ModaCares sponsored four events, each aligned with the United Nations Sustainable Development Goals. They also support women-owned small businesses through brand development mentorship. Additionally, ModaCares enhances economic development through strategic partnerships and marketing efforts.


Official website here: www.fashion4development.com

Who is the CEO of Modacares Foundation Inc?

Evie Evangelou is the Director of Modacares Foundation Inc.


Official website here: www.fashion4development.com

What is the revenue of Modacares Foundation Inc?

Modacares Foundation Inc's revenue in 2022 was $249,317.


Official website here: www.fashion4development.com

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


Here are 3 key members and their salaries:


Eugenia Evangelou (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evie Evangelou (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mercedes Alagna (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fashion4development.com

Where can I find the form 990 for Modacares Foundation Inc?

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


Official website here: www.fashion4development.com

Learn more at the official website: www.fashion4development.com

Mission Statement of Modacares Foundation Inc

Modacares Foundation Inc is dedicated to aiding in the establishment of sustainable companies and promoting economic development. They accomplish this by offering mentorship in the aspects of production and distribution. Furthermore, the organization hosts special events to boost the visibility of the associated brands. In 2022, Modacares Foundation Inc organized four such events, with the aim of supporting the United Nations Sustainable Development Goals, aiding women-owned small businesses by providing guidance on brand development, fostering economic development through partnerships, and marketing their initiatives effectively.

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Impact




October, 2024

Modacares Foundation Inc. significantly impacts economic development and sustainability by providing crucial mentorship to emerging companies, particularly those led by women. Their efforts focus on the production and distribution aspects of business, enabling these companies to build robust operational frameworks.

In 2022, they organized four special events aimed at generating visibility for sustainable brands while aligning with the United Nations Sustainable Development Goals. This initiative not only enhances brand recognition but also fosters a community around sustainable business practices. By supporting women-owned small businesses through targeted mentorship in brand development, Modacares is actively contributing to gender equity in the business landscape.

Furthermore, their strategic partnerships amplify economic development, creating a ripple effect that benefits the broader community. Through its comprehensive approach, Modacares Foundation Inc. is catalyzing change, fostering sustainable practices, and driving economic growth, especially in urban areas like Bayside, NY.




This information is meant to be a general summary of Modacares 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
$249,317 (2022)
Expenses
$247,602 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $449,774

Assets and Liabilities:

  • Total Assets: $10,007
  • Total Liabilities: $0
  • Net Assets: $10,007

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Organization Details

Founding Year

2014

Principal Officer

Evie Evangelou

Main Address

16-22 201ST STREET, BAYSIDE, NY, 11360

NTEE Category

Code: Q33 - International

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