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Core Initiative

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

EIN: 811625971 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Core Initiative?

Core Initiative is a nonprofit organization that manages various financial obligations. They allocate resources towards payroll taxes and fees, website maintenance, outreach events, advertising, and office supplies. Their expenses also include travel costs, bank fees, insurance, and meal provisions. The primary function of Core Initiative appears to be project administration, which incurred a total cost of $8,940. While the specific goals or mission of this organization are not explicitly stated in the provided information, it seems that they are dedicated to managing and financing various operational expenses.


Official website here: www.peoplenomix.org

Is Core Initiative legitimate?

Core Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Core Initiative 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.peoplenomix.org

What is the mission statement of Core Initiative?

The Core Initiative is primarily focused on managing various operational expenses. These expenses include payroll taxes, payroll fees, website maintenance, outreach events, advertising, office supplies, travel, meals, bank fees, and insurance. The initiative also allocates funds for project administration. While the Core Initiative does not have a traditional mission statement like other organizations, its primary function can be inferred from its activities, which are centered around financial management and operational support.


Official website here: www.peoplenomix.org

Who is the CEO of Core Initiative?

Bruce Young is the President of Core Initiative.


Official website here: www.peoplenomix.org

What is the revenue of Core Initiative?

Core Initiative's revenue in 2023 was $118,602.


Official website here: www.peoplenomix.org

Who are the executives of Core Initiative and what are their salaries?


Here are 3 key members and their salaries:


Bruce Young (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Rose (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrina Pelton-Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peoplenomix.org

Where can I find the form 990EZ for Core Initiative?

Core Initiative's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.peoplenomix.org

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

Mission Statement of Core Initiative

Core Initiative, as per its activities, is primarily focused on managing various expenses. These expenses encompass a range of categories, including payroll taxes, payroll fees, website maintenance, outreach events, advertising, office supplies, travel, meals, bank fees, and insurance. The organization spends a significant amount on payroll-related expenses, amounting to $4,392 in total, which includes taxes and fees. Additionally, they allocate funds for website maintenance, outreach events, and advertising, reaching a total of $1,186. Miscellaneous expenses, such as office supplies and meals, account for $179, while travel expenses amount to $760. Bank fees and insurance are covered by $153 and $98 respectively. The organization's total expenses for project administration amount to $8,940. In summary, Core Initiative manages a diverse range of expenses to support its operations. However, the mission or activity description for this organization is not provided in the information, hence it remains unclear what specific cause or purpose Core Initiative serves.

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Impact




October, 2024

Core Initiative plays a vital role in community improvement in Houston, Texas, through its strategic management of resources and outreach efforts. The organization systematically allocates funding for essential operations such as payroll taxes and fees, ensuring that staff are compensated fairly, which in turn supports the local economy.

With a focus on maintaining a robust online presence, Core Initiative invests in website upkeep and advertising, facilitating outreach events that connect with potential clients. This proactive engagement helps to raise awareness of the services offered and fosters community involvement.

Additionally, the organization's commitment to transparency and efficient project administration is evident in its substantial allocation of $8,940 toward administrative expenses. This investment not only strengthens internal operations but also enhances the overall impact of its initiatives.

Through its comprehensive financial planning, including travel expenses, office supplies, and other operational costs, Core Initiative demonstrates a dedication to effectively serving its community, helping to create a more connected and informed community landscape.




This information is meant to be a general summary of Core Initiative. 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
$118,602 (2023)
Expenses
$71,718 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $118,602

Assets and Liabilities:

  • Total Assets: $47,331
  • Total Liabilities: $0
  • Net Assets: $47,331

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Organization Details

Principal Officer

Bruce Young

Main Address

12411 Early Horizon Ct, Houston, TX, 77048

NTEE Category

Code: S80 - Community improvement

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