Overview
What is The Marketplace Initiative Inc?
The Marketplace Initiative Inc, established in Victoria, Texas, is a multifaceted nonprofit organization with a focus on religious, charitable, educational, and scientific endeavors. They demonstrate their commitment by funding numerous global evangelical teams and nonprofits. One of their significant contributions involves supporting the welfare of hundreds of orphaned children in India, providing them with essential care and education. Furthermore, their financial assistance has aided in the construction of three churches in Northern India. Beyond these initiatives, The Marketplace Initiative has also contributed to funding adult literacy classes and outreach programs, reaching out to thousands in and around Mumbai.
Is The Marketplace Initiative Inc legitimate?
The Marketplace Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Marketplace Initiative Inc 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.
What is the mission statement of The Marketplace Initiative Inc?
The Marketplace Initiative is a multifaceted organization with a religious, charitable, educational, and scientific focus. Its mission involves providing financial support to global evangelical teams and nonprofits. Through its contributions, the organization has significantly impacted various communities, particularly in India. This includes supporting the care and education of hundreds of orphans, constructing three church buildings in Northern India, and funding adult literacy classes and outreach programs for thousands in and around Mumbai. The organization's efforts extend beyond religious initiatives, as it has also contributed to various community development projects.
Who is the CEO of The Marketplace Initiative Inc?
William Bauer is the President of The Marketplace Initiative Inc.
What is the revenue of The Marketplace Initiative Inc?
The Marketplace Initiative Inc's revenue in 2022 was $122,210.
Who are the executives of The Marketplace Initiative Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990EZ for The Marketplace Initiative Inc?
The Marketplace Initiative Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of The Marketplace Initiative Inc
The Marketplace Initiative is a multifaceted organization, functioning as a religious, charitable, educational, and scientific entity. Its primary mission involves offering financial support to various global evangelical teams and nonprofits. Through this backing, the organization has made significant strides in the care and education of numerous orphans in India. Beyond this, The Marketplace Initiative has contributed to the construction of three church buildings in Northern India. Furthermore, their donations have extended to funding adult literacy classes and outreach programs, reaching out to thousands in and around Mumbai. In essence, this nonprofit is dedicated to uplifting communities through educational endeavors and religious institutions, while also offering aid to orphans and supporting local outreach programs.
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Impact
October, 2024
The Marketplace Initiative Inc significantly impacts communities in need through financial support and resources for various global evangelical efforts. Their contributions have directly impacted the lives of hundreds of orphans in India, providing essential care and educational opportunities that foster growth and development.
Furthermore, by funding the construction of three church buildings in Northern India, The Marketplace Initiative has helped establish vital community centers that serve as places of worship and gathering, bolstering local support networks. Their commitment to adult literacy has empowered countless individuals through educational programs, enhancing their prospects and quality of life.
Additionally, outreach programs funded by The Marketplace Initiative have reached thousands in and around Mumbai, addressing a wide range of community needs. Overall, their multi-faceted approach combines humanitarian assistance with educational upliftment, creating lasting change in the lives of many individuals and communities.
This information is meant to be a general summary of The Marketplace Initiative 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $122,210
Assets and Liabilities:
- Total Assets: $65,929
- Total Liabilities: $0
- Net Assets: $65,929
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Organization Details
Phone
(361) 935-8988Principal Officer
William Bauer
Main Address
112 Calle Ricardo, Victoria, TX, 77904
NTEE Category
Code: Q12 - International
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