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The 516 Project Inc

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

EIN: 811634337 ✦ Ruther glen, VA ✦ Designated as a 501(c)(3)

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Overview

What is The 516 Project Inc?

The 516 Project Inc, situated in Ruther Glen, Virginia, is a compassionate nonprofit organization. Their primary mission is to spread the love of Jesus by offering construction and repair services to families in need. They achieve this goal by collaborating with volunteers, churches, and businesses, collectively impacting their community and glorifying God through acts of service towards others. With a small team of four dedicated individuals, they strive to make a difference in their community, providing essential home repair services to those who need it most.

Is The 516 Project Inc legitimate?

The 516 Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 516 Project 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $93,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,575

For more financial information, click here

What is the mission statement of The 516 Project Inc?

The 516 Project Inc's mission is centered around sharing the love of Jesus by offering aid to families in need of home repairs. They accomplish this mission by collaborating with volunteers, churches, and businesses within the community. Through their collective efforts, they aim to glorify God by providing service to others. Their primary activity involves offering construction repair services to those in need.

What is the revenue of The 516 Project Inc?

The 516 Project Inc's revenue in 2023 was $429,885.

Who are the executives of The 516 Project Inc and what are their salaries?

The average compensation at The 516 Project Inc during 2023 was $45,120. There are 4 employees and 478 volunteers at The 516 Project Inc.

Here are 5 key members and their salaries:


James Roberson (President)
  • Compensation: $79,782
  • Related: $0
  • Other: $0
Brandie Drumm (Treasurer)
  • Compensation: $14,125
  • Related: $0
  • Other: $0
Carl Pates (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Davenport (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Roland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The 516 Project Inc?

The 516 Project Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The 516 Project Inc

The 516 Project Inc is committed to demonstrating the love of Jesus by engaging in acts of service and communication. Their mission is centered around helping families in need of home repairs. By collaborating with volunteers, churches, and businesses, this organization aims to positively impact their community, ultimately glorifying God through their service to others. The 516 Project Inc provides construction and repair services to those in need, thereby offering a tangible expression of their mission and values.

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Impact




July, 2024

The 516 Project Inc makes a substantial impact by providing construction repair services to families in need. Through their work, they demonstrate the love of Jesus through actions and words, helping to improve the lives and homes of those facing challenges. By mobilizing volunteers, churches, and businesses, they actively engage their community to glorify God through service to others. This nonprofit's dedication to community improvement reflects their core mission of sharing love and making a tangible difference in the lives of those they serve.




This information is meant to be a general summary of The 516 Project 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.

Revenue
$429,885 (2023)
Expenses
$590,061 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $9
  • Gross Receipts: $476,110

Assets and Liabilities:

  • Total Assets: $784,901
  • Total Liabilities: $372,207
  • Net Assets: $412,694

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Organization Details

Founding Year

2016

Principal Officer

James Roberson

NTEE Category

Code: S20 - Community improvement

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