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Prosperityme

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

EIN: 800362127 ✦ Portland, ME ✦ Designated as a 501(c)(3)

Overview

What is Prosperityme?

Prosperityme is a nonprofit organization situated in Portland, Maine, specifically at 175 Lancaster Street Suite 216A. Their primary mission is to aid immigrant individuals and families at risk of homelessness. They develop long-term housing and financial stability plans for these families, aiming to decrease the duration spent in homelessness or precarious housing situations. In 2022, they provided housing services to 1,836 unique households. Beyond housing, Prosperityme empowers members of refugee and immigrant communities through education and counseling, enabling them to establish financial stability, careers, businesses, and wealth. Their workforce comprises 31 dedicated individuals.


Official website here: www.prosperityme.org/

Is Prosperityme legitimate?

Prosperityme is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prosperityme 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: $126,312
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,024,078

For more financial information, click here


Official website here: www.prosperityme.org/

What is the mission statement of Prosperityme?

Prosperityme's mission is to empower refugees and immigrant communities through education and counseling, enabling them to build financial stability, careers, businesses, and wealth. By providing these resources, Prosperityme aims to help individuals invest in themselves and improve their lives. Additionally, Prosperityme has a housing program that works with immigrant individuals and families at risk of homelessness. The goal is to create a long-term plan for housing and financial stability, reduce the length of time families spend in homelessness or precarious housing situations, and limit returns to homelessness within the first year of being housed. In 2022, Prosperityme provided housing services to 1,836 unduplicated households.


Official website here: www.prosperityme.org/

Who is the CEO of Prosperityme?

Claude K Rwaganje is the Executive Di of Prosperityme.


Official website here: www.prosperityme.org/

What is the revenue of Prosperityme?

Prosperityme's revenue in 2022 was $8,661,990.


Official website here: www.prosperityme.org/

Who are the executives of Prosperityme and what are their salaries?

The average compensation at Prosperityme during 2022 was $37,109. There are 31 employees and 41 volunteers at Prosperityme.

Here are 13 key members and their salaries:

    Claude K Rwaganje (Executive Di)
  • Compensation: $122,633
  • Related: $0
  • Other: $3,679

    • Helen Andreoli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Fongemie (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christen Graham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Hansel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Quincy Hentzel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Honey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Jenkins (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E'Nkul Kanakan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Love (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan Piper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colette Twigg-Rowse (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Zenda (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.prosperityme.org/

    Where can I find the form 990 for Prosperityme?

    The Prosperityme’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.prosperityme.org/

    Learn more at the official website: www.prosperityme.org/

    Mission Statement of Prosperityme

    ProsperityME, a nonprofit organization, empowers refugee and immigrant communities by offering education and counseling services. Its mission is to inspire these individuals to invest in themselves, ultimately building financial stability, careers, businesses, and wealth. By providing this support, ProsperityME aims to empower its members to overcome challenges and thrive in their new environments.

    In practical terms, ProsperityME's work extends to addressing housing instability. The organization collaborates with immigrant individuals and families at risk of homelessness, helping them develop a long-term plan for housing and financial stability. The goal is to reduce the length of time families spend in homelessness or precarious housing situations, successfully lease them into permanent housing, and minimize the chances of returning to homelessness within the first year of being housed. In 2022, ProsperityME provided housing services to 1,836 unduplicated households, demonstrating its commitment to this crucial mission.

    Impact

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




    Saturday, July 20, 2024

    Prosperityme empowers members of refugee and immigrant communities in Portland, Maine to invest in themselves and build financial stability, careers, businesses, and wealth. Specifically, their housing program works with individuals and families at risk of homelessness to create long-term plans for housing and financial stability. The goal is to reduce the time spent in homelessness or precarious housing situations, successfully lease families in permanent housing, and limit returns to homelessness within the first year of being housed. In 2022, Prosperityme provided housing services to 1,836 households. Their impact is evident in the tangible outcomes they achieve in helping these communities achieve stability and success.





    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: $697
  • Program Service Revenue: $29,183
  • Gross Receipts: $8,851,105

    • Assets and Liabilities:
  • Total Assets: $3,520,092
  • Total Liabilities: $1,076,668
  • Net Assets: $2,443,424
  • Programs

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

    PROGRAM SERVICE FEES

    Revenue

    $19,183

    ME IMMIGRATION PROSPERITY NET

    Revenue

    $10,000

    Organization Details

    Founding Year

    2007

    Principal Officer

    Claude K Rwaganje

    Main Address

    175 LANCASTER ST SUITE 216A, PORTLAND, ME, 04101

    NTEE Category

    Code: P51 - Human services

    If you are a representative of Prosperityme 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.