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Providence International Enterprises

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

EIN: 680438998 ✦ Redding, CA ✦ Designated as a 501(c)(3)

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Overview

What is Providence International Enterprises?

Providence International Enterprises is a nonprofit organization situated in Redding, California. Its primary mission is to empower at-risk individuals by offering them the means to develop their potential and contribute positively to society. This is achieved through a revolving loan program, which Providence International provides to aid in the establishment and growth of businesses, both domestically and internationally. By doing so, the organization aims to promote self-sufficiency among its participants. With a team of 13 dedicated individuals, Providence International Enterprises strives to make a significant impact in people's lives.


Official website here: www.providenceinternational.org

Is Providence International Enterprises legitimate?

Providence International Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence International Enterprises 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: $62,665

For more financial information, click here


Official website here: www.providenceinternational.org

What is the mission statement of Providence International Enterprises?

Providence International Enterprises aims to offer microloans as a means for at-risk individuals to establish self-sufficiency. Their mission is centered around providing an opportunity for these individuals to realize their inherent potential and contribute positively to their communities, ultimately transforming into productive citizens. The organization supports a revolving loan program and financial resources for the growth of domestic and overseas businesses, thereby fostering self-sufficiency among its participants.


Official website here: www.providenceinternational.org

What is the revenue of Providence International Enterprises?

Providence International Enterprises's revenue in 2023 was $1,615,771.


Official website here: www.providenceinternational.org

Who are the executives of Providence International Enterprises and what are their salaries?

The average compensation at Providence International Enterprises during 2023 was $10,444. There are 6 employees at Providence International Enterprises.

Here are 6 key members and their salaries:


David Michal (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caleb Preston (Secty/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hancock (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Savage (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Zane (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Zane (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.providenceinternational.org

Where can I find the form 990 for Providence International Enterprises?

Providence International Enterprises's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.providenceinternational.org

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

Mission Statement of Providence International Enterprises

Providence International Enterprises, a nonprofit organization, is committed to a mission that empowers at-risk individuals. Their objective is to offer an opportunity for these individuals to unlock their inherent potential and transition into self-sufficient, productive members of society. This is achieved primarily through a revolving microloan program. This initiative enables people to establish and grow their own businesses, both domestically and internationally, thereby fostering financial independence. Providence International Enterprises' mission also extends to promoting self-sufficiency among its program participants, encouraging them to become contributing citizens in their respective communities.

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Impact




October, 2024

Providence International Enterprises plays a vital role in transforming lives through its micro-livelihood loans, enabling individuals to achieve self-sufficiency. By supporting a revolving loan program, the organization provides essential financial resources to help develop businesses both domestically and overseas. This empowers at-risk individuals to harness their God-given potential, fostering personal growth and community improvement.

The impact of Providence International is significant, as it not only promotes entrepreneurship but also helps create sustainable livelihoods. Participants gain the skills and resources needed to become productive, contributing citizens, ultimately enhancing their communities. Through its mission, Providence International cultivates an environment where people can thrive, thereby lifting themselves out of poverty and becoming active members of the economy.




This information is meant to be a general summary of Providence International Enterprises. 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
$1,615,771 (2023)
Expenses
$1,728,130 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,000
  • Program Service Revenue: $39,538
  • Gross Receipts: $1,615,771

Assets and Liabilities:

  • Total Assets: $2,297,121
  • Total Liabilities: $779,433
  • Net Assets: $1,517,688

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Programs

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

Earned income

Revenue

$17,049

Service Revenue

Revenue

$22,489

Organization Details

Founding Year

2000

Principal Officer

Robert Hancock

NTEE Category

Code: S124 - Community improvement

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