Overview
What is Community Shares Inc?
Community Shares Inc, based in Knoxville, Tennessee, serves as a federated funding organization. With a team of five dedicated individuals, the nonprofit conducts annual educational campaigns and fundraising events. The primary mission of Community Shares Inc is to support various social groups in Tennessee by raising funds for their causes. Through its federated fundraising campaign, the organization collects donations and allocates them to various community initiatives, contributing to the betterment of society in the state.
Is Community Shares Inc legitimate?
Community Shares Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Shares 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.
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What is the mission statement of Community Shares Inc?
Community Shares Inc serves as a federated funding organization, focusing on social groups in Tennessee. Its primary mission is to conduct annual educational campaigns and fundraising events to support these groups. By acting as a central hub, Community Shares Inc facilitates resources and funding opportunities for various social causes, thereby promoting community development and social welfare.
Who is the CEO of Community Shares Inc?
Michelle Muldoon is the Director of Community Shares Inc.
What is the revenue of Community Shares Inc?
Community Shares Inc's revenue in 2023 was $143,543.
Who are the executives of Community Shares Inc and what are their salaries?
There are 5 employees at Community Shares Inc.
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Where can I find the form 990 for Community Shares Inc?
Community Shares Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Community Shares Inc
Community Shares Inc, a federated funding organization, is dedicated to supporting various social groups in Tennessee. Its mission is to facilitate annual educational campaigns and fundraising initiatives for these groups, aiming to strengthen their impact and contributions within the community. By acting as a centralized platform, Community Shares Inc enables donors to support multiple causes with a single contribution, thereby maximizing the reach and impact of their philanthropic efforts. This mission reflects Community Shares Inc's commitment to collective and collaborative social change in Tennessee.
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Impact
October, 2024
Community Shares Inc. plays a significant role in advancing philanthropy across Tennessee by conducting annual educational campaigns and fundraising initiatives. By serving as a federated fundraising organization, it empowers various social groups in the state, providing them with vital resources and support to address community needs. Through its efforts in Knoxville and beyond, Community Shares Inc. fosters collaboration and enhances the reach of local organizations, creating a more engaged and resilient community. Its commitment to education and fundraising amplifies the impact of social initiatives, enabling a collective approach to tackling pressing social issues.
This information is meant to be a general summary of Community Shares 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 2023.
- Investment Income: $1,423
- Program Service Revenue: $20,002
- Gross Receipts: $143,543
Assets and Liabilities:
- Total Assets: $651,117
- Total Liabilities: $141,065
- Net Assets: $510,052
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Service Fees
Revenue
$18,449
Fiscal Agent Servic
Revenue
$1,553
Organization Details
Founding Year
1985
Principal Officer
Michelle Muldoon
Main Address
1209 EUCLID AVE NW SUITE 201, KNOXVILLE, TN, 37921
NTEE Category
Code: T70Z - Philanthropy
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