Overview
What is I58 Inc?
I58 Inc is a nonprofit organization situated in Chester, South Carolina. Their primary focus is on empowering low-to-moderate income individuals through various community revitalization initiatives. This includes providing housing solutions, enhancing neighborhood aesthetics, and offering family services. Additionally, they offer educational programs on home ownership and financial management to help these individuals sustain their homes in the long term. With a team of three dedicated employees, I58 Inc strives to improve the living conditions and financial stability of its community members.
Official website here: www.i58helps.org
Is I58 Inc legitimate?
I58 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. I58 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,583
For more financial information, click here
Official website here: www.i58helps.org
What is the mission statement of I58 Inc?
I58 Inc's mission is centered around empowering low to moderate income individuals. This is achieved through community revitalization initiatives, specifically focusing on housing, neighborhood beautification, and family services. The organization's activities include constructing homes, improving energy efficiency in existing homes, and rehabilitating qualifying homes for these income groups. Furthermore, I58 Inc provides education on home ownership, finances, and various life skills, enabling individuals to sustain living in their own homes.
Official website here: www.i58helps.org
What is the revenue of I58 Inc?
I58 Inc's revenue in 2023 was $590,072.
Official website here: www.i58helps.org
Who are the executives of I58 Inc and what are their salaries?
The average compensation at I58 Inc during 2023 was $18,896. There are 4 employees and 10 volunteers at I58 Inc.
Here are 7 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.i58helps.org
Where can I find the form 990 for I58 Inc?
I58 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.i58helps.org
Learn more at the official website: www.i58helps.org
Mission Statement of I58 Inc
I58 Inc, as a nonprofit organization, is committed to empowering low to moderate income individuals through community revitalization initiatives. This encompasses various projects such as housing, neighborhood beautification, and family services. The primary mission of I58 Inc is to uplift these individuals by constructing homes, improving energy efficiency in existing homes, and rehabilitating qualifying homes for low to moderate income individuals.
Beyond physical improvements, I58 Inc also focuses on educating individuals about home ownership, finances, and other important life skills. This holistic approach aims to equip these individuals with the necessary tools to maintain their homes and continue living independently. By providing these services, I58 Inc contributes to the revitalization of communities, improving the living conditions and overall quality of life for its beneficiaries.
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Impact
July, 2024
I58 Inc's impact can be seen in its efforts to empower low to moderate-income individuals through community revitalization initiatives in Chester, SC. By building houses, insulating and making existing homes more energy-efficient, and rehabilitating qualifying homes, I58 Inc is actively improving living conditions for individuals in need. Additionally, the organization provides education on homeownership, finances, and other life skills, equipping individuals with the tools they need to thrive and continue living in their homes. Through its housing and community services, I58 Inc is making a tangible difference in the lives of those it serves, fostering a stronger, more sustainable community.
This information is meant to be a general summary of I58 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 2023.
- Program Service Revenue: $11,200
- Gross Receipts: $590,072
Assets and Liabilities:
- Total Assets: $348,889
- Total Liabilities: $100,679
- Net Assets: $248,210
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$11,200
Organization Details
Founding Year
2017
Principal Officer
Kevin Taylor
Website
www.i58helps.orgNTEE Category
Code: L40 - Housing
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