Power Changes Lives Inc

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

EIN: 831855848 ✦ Morris plains, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Power Changes Lives Inc?

Power Changes Lives Inc, based on its mission statement, is a nonprofit organization dedicated to empowering low-income, minority, and underserved communities. Their goal is to eliminate disparities in various aspects of life, including aging, education, finance, food security, health, housing, wellness, and social services. By providing the necessary resources and capacity, this organization aims to help these communities thrive and build a better future for themselves.


Official website here: www.powerchangeslives.com

Is Power Changes Lives Inc legitimate?

Power Changes Lives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Power Changes Lives 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.powerchangeslives.com

What is the mission statement of Power Changes Lives Inc?

Power Changes Lives Inc, through its mission, aims to empower low-income minority and underserved communities. This organization strives to eliminate disparities in various aspects of life, including aging, education, finance, food insecurity, health, housing, and wellness. By doing so, Power Changes Lives Inc seeks to provide these communities with the capability to build and thrive, fostering a more equitable society.


Official website here: www.powerchangeslives.com

Who is the CEO of Power Changes Lives Inc?

Penelope Lopez is the Ceo of Power Changes Lives Inc. The CEO's salary of Power Changes Lives Inc is $66,000 and their total compensation is $66,000.


Official website here: www.powerchangeslives.com

What is the revenue of Power Changes Lives Inc?

Power Changes Lives Inc's revenue in 2020 was $197,850.


Official website here: www.powerchangeslives.com

Who are the executives of Power Changes Lives Inc and what are their salaries?


There is 1 key member and their salary:


Penelope Lopez (Ceo)
  • Compensation: $66,000
  • Related: $0
  • Other: $0


Official website here: www.powerchangeslives.com

Where can I find the form 990EZ for Power Changes Lives Inc?

Power Changes Lives Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.powerchangeslives.com

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

Mission Statement of Power Changes Lives Inc

Power Changes Lives Inc, also known as POWER, is a mission-driven organization dedicated to uplifting low-income minority and underserved communities. Their primary objective is to empower these communities to grow and prosper, aiming to diminish disparities in various aspects such as aging, education, finance, food insecurity, health, housing, wellness, and social services. By providing the necessary resources and support, POWER strives to eliminate these disparities and enable these communities to thrive.

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Impact




October, 2024

Power Changes Lives Inc significantly impacts low-income minority and underserved communities by empowering them to build resilience and self-sufficiency. Their mission focuses on eliminating disparities in critical areas such as education, finance, health, and housing. By providing resources and support, they help individuals and families tackle issues like food insecurity and improve their overall well-being.

Through various initiatives, Power Changes Lives Inc fosters community engagement and equips residents with the tools needed to thrive. Their work not only addresses immediate needs but also cultivates long-term solutions that enhance the quality of life, promote equity, and strengthen social ties within these communities. Ultimately, Power Changes Lives Inc is dedicated to creating sustainable change that uplifts and transforms lives.




This information is meant to be a general summary of Power Changes Lives 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
$197,850 (2020)
Expenses
$186,363 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $197,850

Assets and Liabilities:

  • Total Assets: $165,074
  • Total Liabilities: $153,587
  • Net Assets: $11,487

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Organization Details

Principal Officer

Penelope Lopez

Main Address

403 WELSH PL, MORRIS PLAINS, NJ, 07950

NTEE Category

Code: T30 - Philanthropy

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