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Spes Development Corporation

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

EIN: 813137293 ✦ Methuen, MA ✦ Designated as a 501(c)(3)

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Overview

What is Spes Development Corporation?

Spes Development Corporation is a nonprofit organization dedicated to safeguarding human dignity and fostering social equality. Based in Methuen, Massachusetts, the corporation engages in sustainable humanitarian activities, implementing intervention strategies across various sectors such as economy, education, culture, science, and technology. Their mission is twofold: first, to combat poverty, prejudice, discrimination, and community tensions; and second, to improve the living standards of economically, educationally, and socially disadvantaged individuals, including members of minority communities, the unemployed, underemployed, and low- to moderate-income people on a national and global scale, irrespective of their race, ethnicity, or religion. By executing these initiatives, Spes Development Corporation aims to create a more inclusive and equitable society.


Official website here: www.melitafarms.com

Is Spes Development Corporation legitimate?

Spes Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spes Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.melitafarms.com

What is the mission statement of Spes Development Corporation?

Spes Development Corporation is committed to operating as a nonprofit organization, striving to promote social equity and uplift disadvantaged individuals on a national and global scale. Their mission encompasses safeguarding the dignity of all people, irrespective of race, ethnicity, or religion, by engaging in sustainable humanitarian activities and intervention strategies. These strategies aim to combat poverty, prejudice, and discrimination, reduce neighborhood tensions, and combat community tensions. Their programs and activities are specifically designed to enhance the living standards of economically, educationally, and socially disadvantaged individuals, including members of minority communities, the unemployed, underemployed, and low- to moderate-income persons.


Official website here: www.melitafarms.com

Who is the CEO of Spes Development Corporation?

Octavien A Spanner is the Director of Spes Development Corporation.


Official website here: www.melitafarms.com

What is the revenue of Spes Development Corporation?

Spes Development Corporation's revenue in 2021 was $41,974.


Official website here: www.melitafarms.com

Who are the executives of Spes Development Corporation and what are their salaries?


Here are 14 key members and their salaries:


Adriana Avalo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayra Colon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia A Encina (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly M Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maximo Guerrero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele R Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney D Hockman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor A Martinez (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tomas G Michel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aleida Romanach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Octavien A Spanner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Thomassen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Zaarour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.melitafarms.com

Where can I find the form 990 for Spes Development Corporation?

Spes Development Corporation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.melitafarms.com

Learn more at the official website: www.melitafarms.com

Mission Statement of Spes Development Corporation

Spes Development Corporation, a nonprofit public benefit corporation, is dedicated to safeguarding the dignity of all individuals. It achieves this goal by engaging in sustainable humanitarian activities and intervention strategies encompassing various sectors, including economic, social, educational, cultural, scientific, and technological projects. The organization's mission is twofold: firstly, it aims to prevent and eradicate poverty, eliminate prejudice and discrimination, reduce neighborhood tensions, and combat community tensions. Secondly, Spes Development Corporation's programs and activities are designed to improve the living standards of economically, educationally, and socially disadvantaged individuals, including members of the minority community, the unemployed, underemployed, and low- to moderate-income persons, on a national and global level, irrespective of their race, ethnicity, or religion. In essence, Spes Development Corporation strives to create a more equitable and inclusive society where everyone has an opportunity to thrive.

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Impact




August, 2024

Spes Development Corporation's impact is focused on safeguarding the dignity of all individuals through sustainable humanitarian activities and intervention strategies. They are dedicated to eradicating poverty, eliminating prejudice and discrimination, reducing neighborhood tensions, and combating community tensions. Their programs and activities aim to improve the living standards of economically, educationally, and socially disadvantaged individuals, including minority community members, the unemployed, underemployed, and low to moderate-income individuals on a national and global level. Their comprehensive approach encompasses economic, social, educational, cultural, scientific, and technological projects to create a positive and lasting impact on communities.




This information is meant to be a general summary of Spes Development Corporation. 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
$41,974 (2021)
Expenses
$113,310 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $27,674
  • Gross Receipts: $41,974

Assets and Liabilities:

  • Total Assets: $816,991
  • Total Liabilities: $602,963
  • Net Assets: $214,028

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Programs

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

SINGLE FAMILY AIR BNB

Revenue

$23,451

FARM PRODUCE

Revenue

$4,223

Organization Details

Founding Year

2016

Principal Officer

Octavien A Spanner

Main Address

57 LARCHWOOD ROAD, METHUEN, MA, 018444312

NTEE Category

Code: L21 - Housing

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