Poverty Reduction Services

Circles Salt Lake

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

EIN: 842201567 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Poverty Reduction Services?

Poverty Reduction Services, operating under the name Circles Salt Lake, is a dedicated nonprofit organization based in Salt Lake City, Utah. Their primary mission is to combat poverty in Salt Lake County by fostering connections and community support for individuals and families on their journey towards self-sufficiency. This supportive network assists individuals in various aspects of their lives, such as becoming homeowners, completing their GED or high school diploma, pursuing higher education, graduating or completing their programs, having a child graduate from college and secure employment in their field of study, obtaining full-time employment and maintaining it through challenging times like the pandemic, and improving their credit scores by at least 30 points. With a commitment to friendship and community, Circles Salt Lake aims to empower individuals in overcoming poverty and building brighter futures.


Official website here: www.circlessaltlake.org/

Is Poverty Reduction Services legitimate?

Poverty Reduction Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poverty Reduction Services 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: $124,682

For more financial information, click here


Official website here: www.circlessaltlake.org/

What is the mission statement of Poverty Reduction Services?

Poverty Reduction Services aims to decrease poverty levels across Salt Lake County. They accomplish this by establishing connections and fostering a sense of community, providing support to individuals and families on their path towards self-improvement. This support can take various forms, such as helping individuals become homeowners, complete their education, secure employment, and improve their credit scores. The organization's goal is to empower individuals and families to overcome poverty and lead fulfilling lives.


Official website here: www.circlessaltlake.org/

Who is the CEO of Poverty Reduction Services?

Michelle Crawford is the Executive Director of Poverty Reduction Services.


Official website here: www.circlessaltlake.org/

What is the revenue of Poverty Reduction Services?

Poverty Reduction Services's revenue in 2022 was $211,647.


Official website here: www.circlessaltlake.org/

Who are the executives of Poverty Reduction Services and what are their salaries?

The average compensation at Poverty Reduction Services during 2022 was $62,341. There are 2 employees and 24 volunteers at Poverty Reduction Services.


There is 1 key member and their salary:


Michelle Crawford (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.circlessaltlake.org/

Where can I find the form 990 for Poverty Reduction Services?

Poverty Reduction Services's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.circlessaltlake.org/

Learn more at the official website: www.circlessaltlake.org/

Mission Statement of Poverty Reduction Services

Poverty Reduction Services, a nonprofit organization, is committed to reducing poverty throughout Salt Lake County. They achieve this mission by establishing connections and fostering a sense of community among individuals and families, providing them with the necessary support to progress in their journey towards self-sufficiency. The organization's efforts focus on various milestones, such as helping individuals become homeowners, complete their GED or high school education, pursue higher education, secure full-time employment, and maintain it even during challenging times like the pandemic. Additionally, Poverty Reduction Services assists families in improving their credit scores and witnessing their children graduate from college and secure employment in their field of study. Overall, the organization aims to build a network of support that empowers individuals and families to overcome poverty and create a better future for themselves.

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Impact




October, 2024

Poverty Reduction Services has a significant impact on individuals and families in Salt Lake County. By fostering connections and creating a supportive community, the organization empowers participants to make meaningful strides in their lives.

Participants have achieved remarkable milestones, including homeownership, completing their GED or high school diplomas, and pursuing higher education. Success stories include individuals graduating from educational programs and securing employment in their fields of study. Many have also maintained full-time jobs, even amidst the challenges posed by the pandemic, demonstrating resilience and stability.

Moreover, the organization has positively influenced participants' financial well-being, as evidenced by an increase in credit scores by at least 30 points for many individuals. These outcomes not only reflect personal achievements but also contribute to the broader goal of reducing poverty within the community, promoting self-sufficiency, and fostering a better quality of life for those served.




This information is meant to be a general summary of Poverty Reduction Services. 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
$211,647 (2022)
Expenses
$217,959 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $211,647

Assets and Liabilities:

  • Total Assets: $83,060
  • Total Liabilities: $31,100
  • Net Assets: $51,960

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Organization Details

Founding Year

2019

Principal Officer

Michelle Crawford

Main Address

3573 East Oakview Drive, Salt Lake City, UT, 84124

NTEE Category

Code: P60 - Human services

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