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Shield Inc

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

EIN: 621669293 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Shield Inc?

Shield Inc, based in Memphis, Tennessee, is a dedicated nonprofit organization that focuses on providing permanent housing and support services for chronically homeless individuals, including those with mental illness, dual diagnoses, and veterans. Their mission is to establish stable lives for people facing emotional and physical challenges in the Mississippi Delta region. Shield Inc offers outreach to homeless individuals on the streets, case management for their permanent housing program, and links residents to various community resources such as mental health services, counseling, substance abuse treatment, and mainstream resources like food stamps, SSI, Social Security, TennCare, employment assistance, and utility assistance. Since 2000, they have served over 10,000 men, women, and children, making a significant impact in the community.


Official website here: www.shieldmidsouth.org

Is Shield Inc legitimate?

Shield Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shield 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: $52,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,320

For more financial information, click here


Official website here: www.shieldmidsouth.org

What is the mission statement of Shield Inc?

Shield Inc's mission is centered around establishing stability for individuals facing emotional and physical challenges. Their primary objective is to provide permanent housing for chronically homeless, mentally ill, and dual-diagnosed individuals, including veterans. Besides housing, they offer outreach services to homeless individuals on the street and case management for those in their permanent housing program. Special units are reserved for low-income individuals and families with or without disabilities. Shield Inc links these individuals to various community resources, such as mental health services, counseling, substance abuse treatment, and mainstream resources like food stamps, SSI, Social Security, TennCare, employment, and utility assistance, among others. Since 2000, Shield Inc has served over 10,000 men, women, and children.


Official website here: www.shieldmidsouth.org

Who is the CEO of Shield Inc?

Valerie Bobo is the Board Member of Shield Inc.


Official website here: www.shieldmidsouth.org

What is the revenue of Shield Inc?

Shield Inc's revenue in 2022 was $339,933.


Official website here: www.shieldmidsouth.org

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

The average compensation at Shield Inc during 2022 was $22,224. There are 5 employees at Shield Inc.


Here are 8 key members and their salaries:


William Parks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Word (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Bayungan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fraron Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorris Conner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Imogene Moore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Shipp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Bobo (Executive Director)
  • Compensation: $52,800
  • Related: $0
  • Other: $0


Official website here: www.shieldmidsouth.org

Where can I find the form 990 for Shield Inc?

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


Official website here: www.shieldmidsouth.org

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

Mission Statement of Shield Inc

Shield Inc, a nonprofit organization, is dedicated to constructing stable lives for individuals facing emotional and physical challenges in the Mississippi Delta. Their mission is centered around providing permanent housing for chronically homeless, mentally ill, dual-diagnosed individuals, and veterans. The organization extends its outreach to homeless individuals living on the streets and offers case management services for those residing in their permanent housing program.

Shield Inc ensures that units are set aside for very low-income individuals and families, some of whom may have disabilities. The nonprofit is committed to linking all individuals it assists with community resources, such as mental health services, counseling, substance abuse treatment, and mainstream resources like food stamps, SSI, Social Security, TennCare, employment opportunities, and utility assistance, among others. Since the year 2000, Shield Inc has served over 10,000 men, women, and children in this capacity.

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Impact




October, 2024

Shield Inc significantly impacts the Mississippi Delta by providing essential housing and support services for individuals facing emotional and physical challenges. The organization focuses on addressing the needs of chronically homeless individuals, those with mental illnesses, dual diagnoses, and veterans, offering them a pathway to stability.

By offering permanent housing and dedicated outreach to those living on the streets, Shield Inc plays a crucial role in reducing homelessness and promoting mental health awareness. Their comprehensive case management connects residents to vital community resources, including mental health services, substance abuse treatment, and assistance with basic needs like food, employment, and utility support. This holistic approach not only aims to stabilize housing situations but also empowers individuals by linking them with the tools necessary for rebuilding their lives.

Since its inception in 2000, Shield Inc has positively impacted over 10,000 men, women, and children, fostering resilience and hope within a vulnerable population. By addressing both housing insecurity and mental health challenges, the organization cultivates an environment where individuals can regain independence and thrive, thereby enhancing the overall well-being of the community.




This information is meant to be a general summary of Shield 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
$339,933 (2022)
Expenses
$386,103 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $18,609
  • Gross Receipts: $401,226

Assets and Liabilities:

  • Total Assets: $577,775
  • Total Liabilities: $456,271
  • Net Assets: $121,504

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Programs

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

LOW-INCOME HOUSING PRO

Revenue

$18,609

Organization Details

Founding Year

2000

Principal Officer

Valerie Bobo

Main Address

2552 POPLAR AVE STE 215, MEMPHIS, TN, 38112

NTEE Category

Code: P99 - Human services

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