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Earning For Life Inc

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

EIN: 651192488 ✦ Shrewsbury, MA ✦ Designated as a 501(c)(2)

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Overview

What is Earning For Life Inc?

Earning For Life Inc is a nonprofit organization that functions as a title holding company for a 501c3 entity. Their primary role involves supporting programs that align with their mission statement, falling within the realm of real estate organizations. As a title holding company, Earning For Life Inc plays a crucial role in managing and safeguing the rights to properties related to the 501c3 organization. Although the specifics of their programs and initiatives are not detailed in the information provided, it's evident that they contribute to various causes through their affiliation with the 501c3 organization.

Is Earning For Life Inc legitimate?

Earning For Life Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Earning For Life 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: $0

For more financial information, click here

What is the mission statement of Earning For Life Inc?

Earning For Life Inc serves as a title-holding company for a 501c3 organization, with a mission to support its affiliated non-profit's objectives. Although the specific goals of the 501c3 organization are not provided in the information, Earning For Life Inc contributes by providing a structure that enables the 501c3 to carry out its mission. The organization's activities primarily fall under the category of real estate organizations.

Who is the CEO of Earning For Life Inc?

Gustavo Barrios is the Vice President of Earning For Life Inc.

What is the revenue of Earning For Life Inc?

Earning For Life Inc's revenue in 2022 was $331,644.

Who are the executives of Earning For Life Inc and what are their salaries?


Here are 4 key members and their salaries:


David L Taylor (President Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda M Taylor (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gustavo Barrios (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roosmarie Barrios (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Earning For Life Inc?

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

Mission Statement of Earning For Life Inc

Earning For Life Inc, functioning as a title holding company, supports a 501c3 organization with a mission at its core. This mission, while not explicitly stated in the provided information, can be inferred from the role Earning For Life Inc plays as a title holder. Generally, a title holding company assumes administrative responsibilities for an organization, allowing it to focus on its primary objectives. Therefore, it can be assumed that Earning For Life Inc's mission aligns with the mission of the 501c3 organization it supports, which is likely to involve promoting social welfare or advocating for a particular cause. However, without specific details, a precise summary of Earning For Life Inc's mission is unavailable.

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Impact




October, 2024

Earning For Life Inc significantly impacts community improvement by acting as a title holding company that supports a 501c3 organization. By facilitating real estate initiatives, it plays a vital role in enhancing local resources and infrastructure. Through its programs, Earning For Life fosters opportunities for community development and engagement, ultimately contributing to the overall well-being and growth of the Shrewsbury area. This strategic focus on real estate allows the organization to leverage assets for the benefit of the community, creating lasting positive changes.




This information is meant to be a general summary of Earning For Life 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
$331,644 (2022)
Expenses
$466,470 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $331,644
  • Gross Receipts: $331,644

Assets and Liabilities:

  • Total Assets: $6,597,798
  • Total Liabilities: $1,300,000
  • Net Assets: $5,297,798

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Organization Details

Founding Year

2004

Principal Officer

Gustavo Barrios

Main Address

PO Box 307, Shrewsbury, MA, 01545

NTEE Category

Code: S47 - Community improvement

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