Overview
What is Way To Go Inc?
Way To Go Inc is a nonprofit organization situated in Harrisonburg, Virginia. Their primary mission is to assist low-income employed individuals and families with transportation needs. They accomplish this by providing grants for down payments and DMV fees, helping with loan payments for those behind on car loans, and offering used vehicles through donations. Additionally, they collaborate with a local community bank for the 'Workcars' program, enabling clients with bad credit to secure affordable vehicle loans. Way To Go Inc aims to empower these families, contributing positively to their quality of life.
Official website here: www.w2ginc.com
Is Way To Go Inc legitimate?
Way To Go Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Way To Go 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: $24,756
For more financial information, click here
Official website here: www.w2ginc.com
What is the mission statement of Way To Go Inc?
Way To Go Inc's mission is centered around empowering low-income, working families. This organization strives to enhance their quality of life by providing assistance with transportation needs. They accomplish this by helping individuals obtain vehicles through grants and DMV fee payments. Additionally, they make loan payments for delinquent car loans and offer used vehicles from donations. Way To Go Inc also maintains a program called "Workcars," in collaboration with a local bank, to provide loans with low monthly payments to those with bad credit. The organization covers down payments, vehicle fees, insurance, and gas to get clients on the road.
Official website here: www.w2ginc.com
Who is the CEO of Way To Go Inc?
Betty L Newell is the President of Way To Go Inc.
Official website here: www.w2ginc.com
What is the revenue of Way To Go Inc?
Way To Go Inc's revenue in 2022 was $436,759.
Official website here: www.w2ginc.com
Who are the executives of Way To Go Inc and what are their salaries?
The average compensation at Way To Go Inc during 2022 was $12,378. There are 2 employees and 10 volunteers at Way To Go Inc.
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Official website here: www.w2ginc.com
Where can I find the form 990 for Way To Go Inc?
Way To Go Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.w2ginc.com
Learn more at the official website: www.w2ginc.com
Mission Statement of Way To Go Inc
Way To Go Inc, a nonprofit organization, is dedicated to empowering low-income, employed families by addressing their transportation needs. Its mission is to enhance the quality of life for these individuals by providing various assistance programs. The organization helps eligible individuals obtain vehicles through grants covering down payments and DMV fees. Furthermore, Way To Go Inc assists those with delinquent car loans by making payments on their behalf. Additionally, the nonprofit has a program called "Workcars" in collaboration with a local community bank. This initiative offers loans to clients with bad credit, providing them with the means to make low monthly payments while Way To Go Inc covers the down payment, vehicle fees, insurance, and gas expenses to ensure they can start their journeys promptly.
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Impact
October, 2024
Way To Go Inc significantly impacts the lives of low-income employed individuals and families by addressing their transportation challenges. By providing grants for vehicle down payments, assisting with DMV fees, and making loan payments for those in delinquency, the organization helps individuals gain access to reliable transportation. This not only enables them to commute to work but also enhances their overall quality of life.
Through initiatives like "Workcars," Way To Go Inc collaborates with local banks to offer loans to clients who have limited credit opportunities. This allows participants to secure necessary funding for vehicle purchases, which they otherwise might not qualify for due to bad credit. Additionally, the organization supplies essential costs such as insurance and gas, ensuring that new vehicle owners can maintain their transportation.
The overarching mission of empowering low-income, working families resonates deeply within the community. By alleviating transportation barriers, Way To Go Inc fosters independence, increases job stability, and ultimately contributes to the economic upliftment of individuals and families in Harrisonburg, Virginia.
This information is meant to be a general summary of Way To Go 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: $632
- Program Service Revenue: $56,170
- Gross Receipts: $436,759
Assets and Liabilities:
- Total Assets: $145,258
- Total Liabilities: $2,601
- Net Assets: $142,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Reimbursements from
HburgRham District
Social Services
Revenue
$50,212
Other Reimbursements
Revenue
$4,083
Unrealized GainInvest
Revenue
$1,875
Organization Details
Founding Year
2005
Phone
(540) 705-6201Principal Officer
Betty L Newell
Main Address
P O BOX 946, HARRISONBURG, VA, 22803
Website
www.w2ginc.comNTEE Category
Code: P52 - Human services
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