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Unlimited Future Inc

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

EIN: 550711154 ✦ Huntington, WV ✦ Designated as a 501(c)(3)

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Overview

What is Unlimited Future Inc?

Unlimited Future Inc, situated in Huntington, West Virginia, serves as a catalyst for business success. As a nonprofit organization, they offer incubator services, along with educational and mentoring programs, to help small businesses overcome obstacles and thrive. With a mission to eliminate barriers, Unlimited Future Inc empowers residents to realize their goals and potential, fostering a conducive environment for the creation of successful business opportunities. The organization, staffed by seven dedicated individuals, is committed to supporting the local community and contributing to its economic growth.


Official website here: www.unlimitedfuture.org

Is Unlimited Future Inc legitimate?

Unlimited Future Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unlimited Future 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: $48,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,326

For more financial information, click here


Official website here: www.unlimitedfuture.org

What is the mission statement of Unlimited Future Inc?

Unlimited Future Inc serves as a catalyst, eliminating obstacles that hinder the creation of successful business opportunities. By doing so, it enables individuals to achieve their goals and fully realize their potential. The organization provides incubator services, complemented by educational and mentoring programs, to help small businesses thrive. Its mission is to foster an environment that fosters business growth and success, empowering individuals to turn their aspirations into reality.


Official website here: www.unlimitedfuture.org

Who is the CEO of Unlimited Future Inc?

Ursulette Ward is the Executive Di of Unlimited Future Inc.


Official website here: www.unlimitedfuture.org

What is the revenue of Unlimited Future Inc?

Unlimited Future Inc's revenue in 2022 was $366,491.


Official website here: www.unlimitedfuture.org

Who are the executives of Unlimited Future Inc and what are their salaries?

The average compensation at Unlimited Future Inc during 2022 was $19,805. There are 7 employees at Unlimited Future Inc.


Here are 8 key members and their salaries:


Ursulette Ward (Executive Di)
  • Compensation: $49,308
  • Related: $0
  • Other: $0
Bruce Felder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Lieving (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Reale (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Breanna Shell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Uda Tate (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Wrenn (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.unlimitedfuture.org

Where can I find the form 990 for Unlimited Future Inc?

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


Official website here: www.unlimitedfuture.org

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

Mission Statement of Unlimited Future Inc

Unlimited Future Inc, a catalyst organization, plays a significant role in eliminating barriers that prevent residents from realizing their business potential and achieving success. The mission of this nonprofit is centered around empowering individuals by providing them with the necessary tools and support to turn their goals into successful business opportunities. By offering incubator services, educational programs, and mentorship, Unlimited Future Inc fosters an environment that encourages growth and development. This mission is vital in enabling residents to unlock their potential and create thriving businesses.

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Impact




October, 2024

Unlimited Future Inc plays a transformative role in promoting entrepreneurship and economic development in Huntington, WV. By providing incubator services, educational resources, and mentoring, it empowers residents to overcome barriers to business creation. This support helps individuals turn their ideas into successful enterprises, fostering innovation and local economic growth.

The organization’s focus on incubating small businesses enhances job creation and economic stability in the community. Through targeted educational programs, Unlimited Future Inc equips aspiring entrepreneurs with the skills and knowledge necessary to navigate the complexities of starting and sustaining a business. The mentorship aspect reinforces this by offering guidance and support from experienced professionals, further enhancing the chances of success for newly established businesses.

Ultimately, Unlimited Future Inc not only nurtures individual ambitions but also contributes to a more vibrant economic landscape in Huntington, encouraging a culture of entrepreneurship that can lead to long-term prosperity for the entire community.




This information is meant to be a general summary of Unlimited Future 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
$366,491 (2022)
Expenses
$304,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $610
  • Program Service Revenue: $30,700
  • Gross Receipts: $366,491

Assets and Liabilities:

  • Total Assets: $438,706
  • Total Liabilities: $138,314
  • Net Assets: $300,392

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Programs

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

INCUBATOR SERVICES

Revenue

$30,681

STUDENT FEES

Revenue

$19

Organization Details

Founding Year

1995

Principal Officer

Ursulette Ward

Main Address

1650 EIGHTH AVENUE, HUNTINGTON, WV, 25703

NTEE Category

Code: T20Z - Philanthropy

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