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Swag Custom Rides Inc

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

EIN: 473053663 ✦ New britain, CT ✦ Designated as a 501(c)(3)

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Overview

What is Swag Custom Rides Inc?

Swag Custom Rides Inc, situated in New Britain, Connecticut, is a unique nonprofit organization that combines vehicle restoration and rehabilitation with life transformation. Their mission involves restoring vehicles while simultaneously empowering troubled individuals recovering from life-controlling issues. This is accomplished through job training, education, and life skills development, all led by industry professionals. The organization, with a team of 5 employees, is the first and only automotive custom restoration non-profit shop in the United States. Their aim is not just about restoring vehicles, but also about transforming lives and providing a second chance for those in need.


Official website here: www.swagrides.com

Is Swag Custom Rides Inc legitimate?

Swag Custom Rides Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swag Custom Rides 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: $108,255

For more financial information, click here


Official website here: www.swagrides.com

What is the mission statement of Swag Custom Rides Inc?

Swag Custom Rides Inc, being the first and only non-profit automotive custom restoration shop in America, has a twofold mission. The organization restores and customizes vehicles, serving as a platform for transformation. Simultaneously, it provides job training, education, and life skills for individuals who are recovering from life-controlling challenges. With a team of leading industry professionals, Swag Custom Rides Inc aims to empower these individuals, helping them regain control of their lives.


Official website here: www.swagrides.com

Who is the CEO of Swag Custom Rides Inc?

Glenn Richards is the Director of Swag Custom Rides Inc.


Official website here: www.swagrides.com

What is the revenue of Swag Custom Rides Inc?

Swag Custom Rides Inc's revenue in 2022 was $344,620.


Official website here: www.swagrides.com

Who are the executives of Swag Custom Rides Inc and what are their salaries?

The average compensation at Swag Custom Rides Inc during 2022 was $21,651. There are 5 employees at Swag Custom Rides Inc.


Here are 5 key members and their salaries:


John Muratori Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Guastaferri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis J Stanek Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmela Muratori (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Richards (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.swagrides.com

Where can I find the form 990 for Swag Custom Rides Inc?

Swag Custom Rides Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.swagrides.com

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

Mission Statement of Swag Custom Rides Inc

Swag Custom Rides Inc, the first and only automotive custom restoration non-profit shop in America, has a unique mission. The organization restores, customizes, and fabricates vehicles with a dual purpose in mind: restoring vehicles and transforming lives. Swag Custom Rides Inc employs a team of leading industry professionals to provide job training, education, and life skills for individuals who are recovering from life-controlling problems. By offering these opportunities, Swag Custom Rides Inc aims to contribute to their personal growth and help them rebuild their lives.

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Impact




October, 2024

Swag Custom Rides Inc. is making a significant impact by blending automotive restoration with personal transformation. As the first and only automotive custom restoration shop of its kind in America, Swag not only breathes new life into vehicles but also plays a crucial role in helping individuals overcome life-controlling challenges.

Through its operations in New Britain, CT, Swag employs a team of leading industry professionals who deliver essential job training and education. This hands-on experience equips troubled individuals with vital skills and life lessons, enabling them to rebuild their futures. The dual focus on restoring vehicles while empowering people to reclaim their lives underscores Swag's commitment to both the automotive craft and the community's well-being. By fostering an inclusive environment where participants can learn and grow, Swag Custom Rides Inc. stands as a beacon of hope and change, contributing positively to the lives of those it serves.




This information is meant to be a general summary of Swag Custom Rides 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
$344,620 (2022)
Expenses
$407,295 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $344,620
  • Gross Receipts: $344,620

Assets and Liabilities:

  • Total Assets: $858,691
  • Total Liabilities: $450,366
  • Net Assets: $408,325

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Programs

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

DETAILING SUPPLIES

Revenue

$113,360

SERVICES PROVIDED-AUTO

Revenue

$110,513

OTHER INCOME

Revenue

$48,373

VEHICLE RESTORATION

Revenue

$44,655

PARTS SALES

Revenue

$12,650

Organization Details

Founding Year

2015

Principal Officer

Glenn Richards

Main Address

172 STANLEY STREET, NEW BRITAIN, CT, 06051

NTEE Category

Code: J30 - Employment

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