Overview
What is Parallel Partners Group Inc?
Parallel Partners Group Inc is a nonprofit organization that specializes in offering employment training programs. Their mission is centered around facilitating career growth for their participants, as evidenced by their Ministry Expenses of $8,978 and Processing Fees of $1,002. The organization is dedicated to providing these opportunities, aiming to empower individuals and contribute positively to their professional development.
Is Parallel Partners Group Inc legitimate?
Parallel Partners Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parallel Partners Group 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.
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
What is the mission statement of Parallel Partners Group Inc?
Parallel Partners Group Inc is committed to offering employment training programs that foster career development opportunities for its participants. The organization invests in Ministry Expenses amounting to 8,978 and Processing Fees of 1,002 to facilitate these programs. Its mission lies in providing an avenue for individuals to enhance their professional skills and prospects.
Who is the CEO of Parallel Partners Group Inc?
David C Andersen is the CEO of Parallel Partners Group Inc The CEO's salary of Parallel Partners Group Inc is $82,500 and their total compensation is $82,500.
What is the revenue of Parallel Partners Group Inc?
Parallel Partners Group Inc's revenue in 2023 was $113,082.
Who are the executives of Parallel Partners Group Inc and what are their salaries?
Here are 3 key members and their salaries (Parallel Partners Group Inc's CEO's salary is $82,500 and their total compensation is $82,500):
- Compensation: $82,500
- Related: $0
- Other: $0
- Compensation: $22,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Parallel Partners Group Inc?
Parallel Partners Group Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Parallel Partners Group Inc
Parallel Partners Group Inc, a nonprofit organization, is committed to offering employment training programs. Their primary objective is to provide career development opportunities to the individuals they serve. To accomplish this mission, they allocate resources such as Ministry Expenses amounting to 8,978 and Processing Fees of 1,002. By offering these programs, Parallel Partners Group Inc empowers its participants to advance in their careers, contributing to their personal and professional growth.
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Impact
October, 2024
Parallel Partners Group Inc significantly contributes to the community by offering essential employment training programs aimed at enhancing career development opportunities for participants. By focusing on equipping individuals with skills and knowledge, the organization empowers them to pursue sustainable employment. With a commitment to addressing both practical and financial needs, the organization allocates resources for Ministry Expenses and Processing Fees, ensuring that its training programs are accessible and effective. Based in Essex Fells, NJ, Parallel Partners Group plays a vital role in fostering workforce readiness, promoting economic stability, and supporting the long-term success of its participants in the job market.
This information is meant to be a general summary of Parallel Partners Group 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.
- Investment Income: $7
- Program Service Revenue: $113,075
- Gross Receipts: $113,082
Assets and Liabilities:
- Total Assets: $98,514
- Total Liabilities: $52
- Net Assets: $98,462
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Organization Details
Principal Officer
David C Andersen
NTEE Category
Code: J22 - Employment
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