Overview
What is Open Works Inc?
Open Works Inc, located at 1400 Greenmount Avenue, Baltimore, MD 21202, is a nonprofit organization committed to revitalizing economically deprived communities in Baltimore. It achieves this goal by focusing on economic development, workforce development, skills development in product design and fabrication, entrepreneurship training, and incubating small business start-ups. The organization provides affordable access to tools, technologies, and the knowledge to use them through monthly memberships and day-passes. Educational classes and specialized workforce programs help develop fabrication skills. Leased office and product design work areas offer affordable facilities for start-ups, while part-time employment and internships prepare individuals for future employment in advanced fabrication businesses. With a workforce of 16 employees, Open Works Inc strives to empower individuals and businesses in the Baltimore area.
Official website here: www.openworksbmore.com
What do the Facebook reviews say about Open Works Inc?
90% of 31 reviewers on Facebook recommend Open Works Inc. Here is a summary of their reviews:
Many individuals appreciate the organization for creating opportunities that allow community members to explore new possibilities. Reviewers highlighted the nonprofit's commitment to enhancing local engagement and providing valuable resources. The positive sentiment indicates that Open Works Inc is seen as a beneficial presence within the community, fostering growth and collaboration.
Overall, those who share their experiences express satisfaction with the impactful work being done, suggesting that the nonprofit effectively lives up to its mission of community improvement.
This AI summary has been generated from reviews found on Facebook.
Is Open Works Inc legitimate?
Open Works Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Works 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: $86,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $742,802
For more financial information, click here
Official website here: www.openworksbmore.com
What is the mission statement of Open Works Inc?
Open Works Inc is committed to revitalizing economically depressed communities by focusing on economic development, workforce development, skills development in product design and fabrication, entrepreneurship training, and the incubation of small business start-ups. Their mission is carried out by providing affordable access to tools, technologies, and the necessary knowledge to individuals, small businesses, and organizations in the region. They achieve this through monthly memberships and individually purchased day-passes, offering specialized tools and equipment. Additionally, educational classes and specialized workforce programs help develop fabrication skills. Leased office and product design work areas offer affordable facilities for start-up businesses, while part-time employment and internships prepare individuals for future employment in advanced fabrication businesses.
Official website here: www.openworksbmore.com
Who is the CEO of Open Works Inc?
William Holman is the Chair of Open Works Inc.
Official website here: www.openworksbmore.com
What is the revenue of Open Works Inc?
Open Works Inc's revenue in 2022 was $2,123,062.
Official website here: www.openworksbmore.com
Who are the executives of Open Works Inc and what are their salaries?
The average compensation at Open Works Inc during 2022 was $51,828. There are 16 employees and 12 volunteers at Open Works Inc.
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- Compensation: $86,448
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Official website here: www.openworksbmore.com
Where can I find the form 990 for Open Works Inc?
Open Works Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openworksbmore.com
Learn more at the official website: www.openworksbmore.com
Mission Statement of Open Works Inc
Open Works Inc, a nonprofit organization, is committed to revitalizing economically depressed communities in Baltimore. They achieve this mission through various initiatives, including economic development, workforce development, skills development in product design and fabrication, entrepreneurship training, and the incubation of small business start-ups.
Open Works Inc provides an affordable platform for individuals, small businesses, and organizations in the Baltimore area, offering access to specialized tools, technologies, and the knowledge to use them effectively. They offer this access through monthly memberships and individually purchased day-passes. Furthermore, Open Works Inc fosters fabrication skills through educational classes and specialized workforce programs. Their leased office and product design work areas provide affordable facilities for start-up businesses, and part-time employment and internships prepare individuals for future employment in advanced fabrication businesses.
In summary, Open Works Inc is a nonprofit organization dedicated to revitalizing Baltimore's economically depressed communities by offering access to specialized tools, fostering fabrication skills, and providing affordable facilities for start-up businesses. They achieve this through various programs and initiatives, which ultimately help individuals and businesses gain the necessary skills and opportunities to thrive.
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Impact
October, 2024
Open Works Inc significantly impacts economically depressed communities in Baltimore by fostering economic development and workforce readiness. The organization provides affordable access to specialized tools and technologies, enabling individuals and small business start-ups to enhance their skills in product design and fabrication. Through monthly memberships and day-pass options, community members can gain hands-on experience with equipment that may otherwise be out of reach.
Educational programs and specialized workforce initiatives allow participants to develop essential fabrication skills, preparing them for careers in advanced manufacturing sectors. Open Works Inc also nurtures entrepreneurship by offering training and incubation opportunities for small businesses, providing them with the resources they need to thrive in a competitive marketplace.
Additionally, the availability of leased office and product design workspaces gives emerging entrepreneurs an affordable platform to launch and grow their businesses. By offering part-time employment and internship opportunities, Open Works Inc plays a key role in preparing individuals for future employment, contributing to a more skilled workforce in the region. This multifaceted approach not only enhances individual capabilities but also aims to revitalize the community, creating a more vibrant and economically resilient Baltimore.
This information is meant to be a general summary of Open Works 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.
- Program Service Revenue: $545,103
- Gross Receipts: $2,123,062
Assets and Liabilities:
- Total Assets: $728,331
- Total Liabilities: $145,402
- Net Assets: $582,929
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$185,351
MICROSTUDIO REVENUE
Revenue
$154,991
EDUCATION
Revenue
$109,395
MEMBERSHIP DUES
Revenue
$91,779
MISCELLANEOUS INCOME
Revenue
$3,587
Organization Details
Founding Year
2015
Phone
(410) 862-0424Principal Officer
William Holman
Main Address
1400 GREENMOUNT AVENUE, BALTIMORE, MD, 21202
Website
www.openworksbmore.comNTEE Category
Code: A20 - Arts
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