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G1 Impact

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

EIN: 811198753 ✦ Auburn hills, MI ✦ Designated as a 501(c)(3)

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Overview

What is G1 Impact?

G1 Impact is a nonprofit organization dedicated to fostering job creation, preservation, and access to essential services in underprivileged communities. They offer comprehensive support, including governance, procedures, and impact reporting, to selected projects and programs committed to producing sustainable solutions for those in need. By providing fiscal sponsorship, G1 Impact empowers these initiatives to thrive, ultimately contributing to the betterment of low to moderate income areas.


Official website here: www.g1impact.org

Is G1 Impact legitimate?

G1 Impact is a legitimate nonprofit organization registered as a 501(c)(3) entity. G1 Impact submitted a form 990EZ, 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.


Official website here: www.g1impact.org

What is the mission statement of G1 Impact?

G1 Impact's mission is centered around promoting job creation, preservation, and enhancing access to essential goods and services in economically disadvantaged communities. The organization offers support in the form of back-office services, regulated procedures, and Impact reporting. G1 Impact extends fiscal sponsorship to selected projects, subsidiaries, and programs that are committed to developing sustainable solutions, aiming to benefit those in need.


Official website here: www.g1impact.org

Who is the CEO of G1 Impact?

Unavailable


Official website here: www.g1impact.org

What is the revenue of G1 Impact?

G1 Impact's revenue in 2022 was $172,432.


Official website here: www.g1impact.org

Who are the executives of G1 Impact and what are their salaries?


Here are 3 key members and their salaries:


Romy Kochan (President&Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie A Hazen (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.g1impact.org

Where can I find the form 990EZ for G1 Impact?

G1 Impact's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.g1impact.org

Learn more at the official website: www.g1impact.org

Mission Statement of G1 Impact

G1 Impact, as an organization, is dedicated to promoting job creation, preservation, and enhancing access to essential goods and services in underserved communities with moderate to low income levels. The organization provides backbone support, establishes governed procedures, and offers Impact reporting to its selected projects, subsidiaries, and programs. G1 Impact's mission is to support initiatives that aim to produce sustainable solutions, ensuring that these solutions can effectively reach and benefit those in need. The organization acts as a fiscal sponsor, providing the necessary resources and guidance to ensure the success of these projects and programs. By doing so, G1 Impact plays a crucial role in fostering economic growth and improving the overall quality of life in these communities.

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Impact




October, 2024

G1 Impact plays a significant role in enhancing economic stability and accessibility in low to moderate-income areas. By concentrating on job creation and preservation, the organization directly contributes to improving livelihoods and fostering community resilience. It facilitates access to essential goods and services, ensuring that underserved populations are not left behind.

Offering back office support and governed procedures, G1 Impact aids various projects and initiatives in streamlining operations, which is crucial for sustained success. Their commitment to impact reporting ensures accountability and transparency, allowing stakeholders to understand the benefits and outcomes generated from their initiatives.

Additionally, G1 Impact’s fiscal sponsorship empowers selected projects and programs to develop sustainable solutions that create access for those in need. Their holistic approach not only addresses immediate challenges but also lays the groundwork for long-term improvements in community well-being and economic opportunity.




This information is meant to be a general summary of G1 Impact. 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
$172,432 (2022)
Expenses
$111,544 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $172,432

Assets and Liabilities:

  • Total Assets: $121,811
  • Total Liabilities: $113,789
  • Net Assets: $8,022

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Organization Details

Main Address

3906 BALDWIN RD UNIT 210423, AUBURN HILLS, MI, 48321

NTEE Category

Code: S40 - Community improvement

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