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Invest To Impact Inc

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

EIN: 824057587 ✦ South burlington, VT ✦ Designated as a 501(c)(3)

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Overview

What is Invest To Impact Inc?

Invest To Impact Inc is a faith-based resource organization that pools funds collectively with like-minded individuals and organizations. Their aim is to amplify their impact on the community. So far, they have disbursed $80,000 in grants that align with their criteria, contributing $10,000 to Young Life for ongoing program support, initiating a $5,000 grant for a special needs camper program, and providing $10,000 to Elevation Christian Academy for new computers and technology.


Official website here: www.investtoimpact.org

Is Invest To Impact Inc legitimate?

Invest To Impact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invest To Impact 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.


Official website here: www.investtoimpact.org

What is the mission statement of Invest To Impact Inc?

Invest To Impact Inc is an organization that pools resources through collective efforts with individuals and organizations sharing a common vision. Their mission, guided by faith-based principles, is to amplify their impact on the community. They accomplish this by distributing grants that align with their criteria. As of now, they have disbursed $80,000 in grants, including ongoing support of $10,000 for Young Life and $5,000 for initiating a special needs camper program. Additionally, Elevation Christian Academy received a grant of $10,000 for new computers and technology to enhance their work.


Official website here: www.investtoimpact.org

Who is the CEO of Invest To Impact Inc?

Michael Turmele is the President of Invest To Impact Inc.


Official website here: www.investtoimpact.org

What is the revenue of Invest To Impact Inc?

Invest To Impact Inc's revenue in 2021 was $40,303.


Official website here: www.investtoimpact.org

Who are the executives of Invest To Impact Inc and what are their salaries?


Here are 5 key members and their salaries:


Michael Turmele (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Roszman (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Leblanc (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Chenette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.investtoimpact.org

Where can I find the form 990EZ for Invest To Impact Inc?

Invest To Impact Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.investtoimpact.org

Learn more at the official website: www.investtoimpact.org

Mission Statement of Invest To Impact Inc

Invest To Impact Inc, as a resource organization, aims to bring together funds from various sources with a shared vision. Their mission is grounded in faith-based principles, and they strive to maximize their impact on the community. To achieve this, they distribute grants that align with their criteria. Notably, they have provided ongoing program support worth $10,000 to Young Life and initiated support for a special needs camper program with a $5,000 grant. Furthermore, Elevation Christian Academy benefited from their generosity with a $10,000 grant, which was used to upgrade their technology infrastructure. Overall, Invest To Impact Inc's mission is to pool resources and channel them towards initiatives that align with their values, aiming to make a significant impact in the community.

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Impact




August, 2024

Invest To Impact Inc's impact can be seen in the distribution of $80,000 in grants to various organizations that meet their criteria. This includes providing ongoing program support for Young Life, initiating support for a special needs camper program, and funding new computers and technology for Elevation Christian Academy. Through their collective efforts with like-minded organizations and individuals, Invest To Impact aims to increase their impact on the community while adhering to faith-based principles.




This information is meant to be a general summary of Invest To Impact 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
$40,303 (2021)
Expenses
$81,093 (2021)
Efficiency

Other financial information:

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

  • Investment Income: $179
  • Gross Receipts: $40,303

Assets and Liabilities:

  • Total Assets: $86,739
  • Total Liabilities: $0
  • Net Assets: $86,739

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Organization Details

Principal Officer

Michael Turmele

Main Address

2025 Williston ROad, South Burlington, VT, 05403

NTEE Category

Code: T20 - Philanthropy

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