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Safetynet Inc

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

EIN: 521400243 ✦ Martinsville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Safetynet Inc?

Safetynet Inc is a nonprofit organization situated in Martinsville, Virginia. Their primary mission is to provide essential financial aid to economically disadvantaged individuals who have exhausted all other sources of social services benefits. This support encompasses various necessities such as rent, lodging, utilities, medical expenses, and childcare. By offering this vital assistance, Safetynet Inc aims to alleviate some of the financial burdens faced by these individuals, thereby enhancing their overall well-being. With a dedicated team of one employee, Safetynet Inc plays a significant role in supporting the community in addressing economic disparities.


Official website here: www.safetynetmhc.org

Is Safetynet Inc legitimate?

Safetynet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Safetynet 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: $5,549

For more financial information, click here


Official website here: www.safetynetmhc.org

What is the mission statement of Safetynet Inc?

Safetynet Inc's mission is centered around providing financial support to economically disadvantaged individuals. This organization extends aid to individuals who have exhausted all other means of social services benefits. The support provided by Safetynet Inc encompasses essential expenses such as rent, lodging, utilities, medical care, and child care. The primary goal is to alleviate the financial burdens faced by these individuals, thereby enhancing their overall well-being.


Official website here: www.safetynetmhc.org

Who is the CEO of Safetynet Inc?

Kathryn Whitley is the Trustee of Safetynet Inc.


Official website here: www.safetynetmhc.org

What is the revenue of Safetynet Inc?

Safetynet Inc's revenue in 2022 was $158,881.


Official website here: www.safetynetmhc.org

Who are the executives of Safetynet Inc and what are their salaries?

The average compensation at Safetynet Inc during 2022 was $5,549. There is 1 employee at Safetynet Inc.


Here are 26 key members and their salaries:


Marshall Stowe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lou Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Carter Fontaine (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Joe N Gravely Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Burgess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Clark Slate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wc Fowlkes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Gale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Garrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Hylton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Kirby Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Jackman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Autumn Morris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianne Vann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Wenkstern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry P Long Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larissa Rash (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Reaghard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Whitley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Kirby Iv (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janine Jacob (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanie Petty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.safetynetmhc.org

Where can I find the form 990 for Safetynet Inc?

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


Official website here: www.safetynetmhc.org

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

Mission Statement of Safetynet Inc

Safetynet Inc, a nonprofit organization, is dedicated to providing financial assistance to economically disadvantaged individuals. Their mission is centered around offering essential support services to individuals who have exhausted all other means of social services benefits. This aid encompasses various necessities such as rent, lodging, utilities, medical expenses, and child care. Safetynet Inc strives to alleviate some of the financial burdens faced by those in need, thereby contributing to their overall well-being and stability.

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Impact




October, 2024

Safetynet Inc plays a crucial role in supporting economically disadvantaged individuals in Martinsville, VA, by providing essential financial assistance. The organization addresses the urgent needs of those who have exhausted all other avenues of social services benefits. This support encompasses critical areas such as rent, lodging, utilities, medical expenses, and childcare, ensuring that individuals and families facing economic hardships can maintain stability and access necessary resources.

By filling gaps in the social safety net, Safetynet Inc helps to alleviate immediate financial pressures, allowing recipients to focus on rebuilding their lives. The organization not only aids in meeting basic needs but also fosters a sense of dignity and hope among those it serves, ultimately contributing to healthier and more resilient communities. Through its mission, Safetynet Inc significantly impacts the lives of many vulnerable individuals, promoting social equity and empowering people to move toward a more secure and self-sufficient future.




This information is meant to be a general summary of Safetynet 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
$158,881 (2022)
Expenses
$76,723 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $100,021
  • Gross Receipts: $586,115

Assets and Liabilities:

  • Total Assets: $1,754,012
  • Total Liabilities: $145
  • Net Assets: $1,753,867

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Organization Details

Founding Year

1984

Principal Officer

Kathryn Whitley

Main Address

PO BOX 4482, MARTINSVILLE, VA, 24115

NTEE Category

Code: P600 - Human services

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