Overview
What is Empowerment Inc?
Empowerment Inc is a nonprofit organization that focuses on uplifting low-income communities. Their mission is to provide the tools and resources necessary for these communities to gain control over their lives. They achieve this through various means, including affordable housing, advocacy, community organizing, and grassroots economic development. By mobilizing these communities, Empowerment Inc aims to foster self-reliance and empowerment, ultimately allowing these communities to shape their own destinies.
Official website here: www.empowerment-inc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star Rating
Empowerment Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. The charity scored an impressive 92% overall, indicating effective management and transparency in its financial operations. The rating is derived from a single beacon score focused entirely on accountability, showcasing the organization's commitment to responsible governance.
The organization excels in several key areas, including having a fully independent board comprised of 10 members and demonstrating rigorous financial oversight with a dedicated audit and oversight committee. Furthermore, Empowerment Inc has showcased its financial health with a low liabilities-to-assets ratio of 27% and a high program expense ratio of over 81%, signifying that a substantial portion of its funding directly supports its programs.
However, there is a noted limitation regarding the absence of a whistleblower policy, which received a score of 0 out of 4 points. While this does not diminish the overall rating, it may indicate a potential area for improvement in ensuring comprehensive governance practices. Overall, Empowerment Inc appears to be a reliable and accountable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Empowerment Inc legitimate?
Empowerment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empowerment 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: $95,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $217,464
For more financial information, click here
Official website here: www.empowerment-inc.org
What is the mission statement of Empowerment Inc?
Empowerment Inc, as an organization, aims to mobilize low-income communities. They achieve this mission by empowering these communities to take charge of their own futures. This is done through various means, including providing affordable housing, engaging in advocacy, organizing community activities, and fostering grassroots economic development. By empowering these communities, Empowerment Inc enables them to exercise control over their own destinies.
Official website here: www.empowerment-inc.org
Who is the CEO of Empowerment Inc?
Delores Bailey is the President of Empowerment Inc.
Official website here: www.empowerment-inc.org
What is the revenue of Empowerment Inc?
Empowerment Inc's revenue in 2022 was $1,492,247.
Official website here: www.empowerment-inc.org
Who are the executives of Empowerment Inc and what are their salaries?
The average compensation at Empowerment Inc during 2022 was $19,550. There are 16 employees and 200 volunteers at Empowerment Inc.
Here are 11 key members and their salaries:
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- Compensation: $85,462
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- Other: $9,871
Official website here: www.empowerment-inc.org
Where can I find the form 990 for Empowerment Inc?
Empowerment Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.empowerment-inc.org
Learn more at the official website: www.empowerment-inc.org
Mission Statement of Empowerment Inc
Empowerment Inc, a nonprofit organization, is dedicated to empowering low-income communities. Their mission is to equip these communities with the tools and resources necessary for them to take charge of their own lives. This is achieved through various means, including the provision of affordable housing, advocacy, community organizing, and grassroots economic development. By mobilizing these communities, Empowerment Inc aims to help them gain control over their destinies, fostering self-sufficiency and promoting social equality.
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Impact
July, 2024
Empowerment Inc's impact is significant in mobilizing low-income communities and empowering them to control their own destiny. Through initiatives focused on affordable housing, advocacy, community organizing, and grassroots economic development, Empowerment Inc is helping individuals in Chapel Hill, North Carolina, take charge of their lives and build stronger, more sustainable futures for themselves and their communities. By providing essential human services and fostering self-determination, Empowerment Inc is making a tangible difference in the lives of those it serves.
This information is meant to be a general summary of Empowerment 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.
- Investment Income: $836
- Program Service Revenue: $638,519
- Gross Receipts: $1,492,701
Assets and Liabilities:
- Total Assets: $5,831,416
- Total Liabilities: $1,574,914
- Net Assets: $4,256,502
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT
Revenue
$638,519
Organization Details
Founding Year
1996
Phone
(919) 967-8779Principal Officer
Delores Bailey
Main Address
109 NORTH GRAHAM STREET 200, CHAPEL HILL, NC, 27516
Website
www.empowerment-inc.orgNTEE Category
Code: P80 - Human services
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