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Grace-Mar Services Inc

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

EIN: 800235887 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

Overview

What is Grace-Mar Services Inc?

Grace-Mar Services Inc is a nonprofit organization committed to uplifting low-income and minority individuals and families. Their mission revolves around offering social capital, a vital resource that aids in social and economic mobility. This empowerment ultimately leads these communities towards self-sufficiency. They are dedicated to this cause, providing the necessary tools to foster independence and improve their overall well-being.


Official website here: www.gracemar.org

Is Grace-Mar Services Inc legitimate?

Grace-Mar Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace-Mar Services 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.

Here 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


Official website here: www.gracemar.org

What is the mission statement of Grace-Mar Services Inc?

Grace-Mar Services Inc is committed to providing social capital to low-income and minority individuals and families, aiding them in their journey towards social and economic mobility. This mission ultimately aims to foster self-sufficiency among the recipients. The organization's activities focus on offering resources and support that facilitate this progress, thereby empowering these individuals to take charge of their lives.


Official website here: www.gracemar.org

Who is the CEO of Grace-Mar Services Inc?

Kenneth Smith is the President of Grace-Mar Services Inc.


Official website here: www.gracemar.org

What is the revenue of Grace-Mar Services Inc?

Grace-Mar Services Inc's revenue in 2022 was $585,699.


Official website here: www.gracemar.org

Who are the executives of Grace-Mar Services Inc and what are their salaries?

There are 7 employees and 7 volunteers at Grace-Mar Services Inc.

Here are 2 key members and their salaries:

    Kenneth Smith (President)
  • Compensation: $40,000
  • Related: $40,000
  • Other: $20,000

    • Grace Blake Smith (Vice President)
  • Compensation: $45,000
  • Related: $0
  • Other: $0


  • Official website here: www.gracemar.org

    Where can I find the form 990 for Grace-Mar Services Inc?

    The Grace-Mar Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gracemar.org

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

    Mission Statement of Grace-Mar Services Inc

    Grace-Mar Services Inc, as a mission-driven organization, exists to extend social capital to individuals and families living in low-income situations and within minority communities. This social capital serves as a vital tool in aiding these individuals and families in their pursuit of social and economic mobility, ultimately leading them towards self-sufficiency. By offering this support, Grace-Mar Services Inc seeks to empower its beneficiaries, enabling them to overcome the challenges they face and build a more stable, independent life for themselves.

    Impact

    This information is meant to be a general summary of Grace-Mar Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Grace-Mar Services Inc's impact can be seen in the tangible improvements in the lives of individuals and low-income families in Charlotte, NC. Through their provision of social capital, Grace-Mar Services Inc plays a crucial role in fostering social and economic mobility for those they serve. By empowering individuals with the resources and support they need, Grace-Mar Services Inc helps them move towards self-sufficiency, breaking cycles of poverty and opening up opportunities for a brighter future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $585,699

    • Assets and Liabilities:
  • Total Assets: $2,289,768
  • Total Liabilities: $0
  • Net Assets: $2,289,768
  • Organization Details

    Founding Year

    2009

    Principal Officer

    Kenneth Smith

    Main Address

    615 E 6th Street Suite 116, Charlotte, NC, 28202

    NTEE Category

    Code: P51 - Human services

    If you are a representative of Grace-Mar Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.