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Power Of The Purse Inc

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

EIN: 823524163 ✦ Minot, ND ✦ Designated as a 501(c)(3)

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Overview

What is Power Of The Purse Inc?

Power of the Purse Inc, located in Minot, North Dakota (58701), is a dedicated nonprofit organization. Their primary mission is to provide facilities and support for a women's sober living home, aiding women in addiction recovery as they transition into their new lives. Furthermore, they support and fund projects and programs that positively impact women and children in the Minot area and its surrounding communities. This commitment extends beyond the sober living home, aiming to uplift and empower the local community's female population and their children.

Is Power Of The Purse Inc legitimate?

Power Of The Purse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Power Of The Purse 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Power Of The Purse Inc?

Power of the Purse Inc's mission is centered around supporting and funding projects and programs that positively impact women and children in their local community and surrounding areas. Their primary focus is to contribute to initiatives that enhance the lives of these individuals. One of their notable endeavors involves providing facilities and support for a women's sober living home, facilitating the transition of women recovering from addiction into their new lives.

Who is the CEO of Power Of The Purse Inc?

Ashlee Deschamp is the President of Power Of The Purse Inc.

What is the revenue of Power Of The Purse Inc?

Power Of The Purse Inc's revenue in 2022 was $107,199.

Who are the executives of Power Of The Purse Inc and what are their salaries?

There 4 volunteers at Power Of The Purse Inc.


Here are 4 key members and their salaries:


Ashlee Deschamp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lacey Stevick (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Kirkhammer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Boen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Power Of The Purse Inc?

Power Of The Purse Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Power Of The Purse Inc

Power of the Purse Inc is a organization dedicated to supporting and funding projects and programs that positively impact women and children in their local area, which includes Minot, North Dakota, and its surroundings. The primary mission of Power of the Purse Inc is to provide financial backing for initiatives that enhance the lives of these vulnerable groups.

In pursuit of its mission, Power of the Purse Inc has taken a significant step by providing facilities and support for a women's sober living home. This home serves as a transitional space for women struggling with addiction, helping them navigate the journey towards recovery and integrating back into their new lives. By offering this service, Power of the Purse Inc demonstrates its commitment to uplifting and empowering women in their community, providing them with the resources and support needed to overcome challenges and build a better future.

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Impact




October, 2024

Power Of The Purse Inc significantly impacts the Minot, North Dakota community by supporting and funding essential projects and programs that focus on the well-being of women and children. A key initiative includes providing facilities and support for a women’s sober living home, which assists women in addiction recovery as they transition to healthier and more stable lives. This focus on recovery and empowerment not only aids individual women but also strengthens families and the broader community, fostering a supportive environment that promotes healing and growth. By addressing critical needs in the areas of addiction recovery and support services, Power Of The Purse Inc plays a vital role in improving the lives of vulnerable populations in Minot and its surrounding areas.




This information is meant to be a general summary of Power Of The Purse 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
$107,199 (2022)
Expenses
$153,679 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $65,303
  • Program Service Revenue: $17,745
  • Gross Receipts: $312,896

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2018

Principal Officer

Ashlee Deschamp

Main Address

3529 21ST ST SE, MINOT, ND, 58701

NTEE Category

Code: P40 - Human services

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