Overview
What is Second Chance Cars Inc?
Second Chance Cars Inc, situated in Concord, Massachusetts, is a nonprofit organization dedicated to empowering low-income individuals. Their primary mission involves providing affordable vehicle ownership, thereby enabling these individuals to gain access to the workforce. With a small team of one dedicated employee, they strive to make a significant impact in people's lives by offering transportation solutions. Their work is crucial in breaking down barriers to employment and fostering self-sufficiency within the community.
Is Second Chance Cars Inc legitimate?
Second Chance Cars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Chance Cars 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Second Chance Cars Inc?
Second Chance Cars Inc's mission is centered around providing an opportunity for low-income individuals. By offering affordable transportation vehicles, this organization enables these individuals to gain access to the workforce. This mission aims to break down barriers and contribute to social mobility, empowering people to enhance their livelihoods. The organization's activities focus on making vehicle ownership attainable, thereby opening up job opportunities and fostering financial independence.
Who is the CEO of Second Chance Cars Inc?
Dan Holin is the Secretary of Second Chance Cars Inc.
What is the revenue of Second Chance Cars Inc?
Second Chance Cars Inc's revenue in 2022 was $205,564.
Who are the executives of Second Chance Cars Inc and what are their salaries?
The average compensation at Second Chance Cars Inc during 2022 was $85,000. There is 1 employee at Second Chance Cars Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $85,000
- Related: $0
- Other: $0
Where can I find the form 990 for Second Chance Cars Inc?
Second Chance Cars Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Second Chance Cars Inc
Second Chance Cars Inc, a nonprofit organization, is dedicated to providing an essential service. Their mission is to extend vehicle ownership to individuals with limited income, thereby enabling them to join the workforce. By offering affordable transportation options, Second Chance Cars Inc seeks to break down barriers that might otherwise prevent these individuals from securing employment and improving their livelihoods. This mission is a testament to their commitment to empowering disadvantaged communities and fostering social mobility.
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Impact
October, 2024
Second Chance Cars Inc significantly impacts the lives of low-income individuals by providing affordable vehicle ownership opportunities. By facilitating access to reliable transportation, the organization enables individuals to enter the workforce, ultimately enhancing their economic stability and independence. This initiative not only supports personal employment prospects but also contributes to the overall well-being of the community by promoting greater mobility and access to job opportunities. With its focus on human services, Second Chance Cars Inc helps break down barriers that often prevent individuals from obtaining gainful employment, leading to healthier economic outcomes for families and the broader community in Concord, MA.
This information is meant to be a general summary of Second Chance Cars 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 2022.
- Investment Income: $14
- Program Service Revenue: $131,500
- Gross Receipts: $205,564
Assets and Liabilities:
- Total Assets: $133,311
- Total Liabilities: $0
- Net Assets: $133,311
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Organization Details
Founding Year
2019
Phone
(978) 760-3201Principal Officer
Dan Holin
Main Address
31 DERBY STREET, CONCORD, MA, 01742
NTEE Category
Code: P20 - Human services
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