Vocfinu

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

EIN: 842217738 ✦ Kent, WA ✦ Designated as a 501(c)(3)

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Overview

What is Vocfinu?

Vocfinu is a nonprofit organization situated in Kent, Washington. Their mission encompasses supporting various sectors, including charitable, educational, religious, and scientific initiatives. In 2021, Vocfinu demonstrated a strong commitment to education by granting tuition assistance, books, and supplies to over 150 students, with three individuals also receiving aid for post-secondary education. Furthermore, Vocfinu launched a micro-loan program named Village Savings and Loans Association (VSLA) Project, which helped around 300 resourceful women by providing them with seed money to initiate or maintain their small businesses. This initiative has positively impacted families and communities, fostering their growth and prosperity.

Is Vocfinu legitimate?

Vocfinu is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vocfinu 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.

What is the mission statement of Vocfinu?

Vocfinu's mission involves supporting various charitable, educational, religious, and scientific initiatives. In 2021, the organization demonstrated its commitment to education by offering tuition assistance, books, and supplies to over 150 students, including those pursuing post-secondary education. Furthermore, Vocfinu initiated a micro loan program called Village Savings and Loans Association (VSLA) Project. This project aims to assist approximately 300 resourceful women by providing them with seed money to start or preserve their small businesses. This initiative ultimately benefits families and communities, contributing to their overall prosperity.

Who is the CEO of Vocfinu?

Alice Lamunu is the Executive Director of Vocfinu.

What is the revenue of Vocfinu?

Vocfinu's revenue in 2021 was $160,755.

Who are the executives of Vocfinu and what are their salaries?


There is 1 key member and their salary:


Alice Lamunu (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Vocfinu?

Vocfinu's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Vocfinu

Vocfinu, as a nonprofit organization, is committed to supporting various charitable, educational, religious, and scientific initiatives. One of its primary focuses in 2021 was to promote education among young people. They achieved this by offering financial assistance in the form of tuition, books, and supplies to over 150 students, including some for post-secondary education.

Beyond education, Vocfinu also launched a project called the Village Savings and Loans Association (VSLA). This program aimed to assist approximately 300 resourceful women by providing them with seed money to start or sustain their small businesses. By doing so, Vocfinu aimed to foster financial independence and stability within these women's families and communities.

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Impact




October, 2024

Vocfinu has made a significant impact in the community by promoting education and empowering women entrepreneurs. In 2021, the organization provided essential support to over 150 students, which included tuition assistance, books, and supplies, with additional focus on three individuals pursuing post-secondary education. This educational initiative not only enhances individual prospects but also contributes to the overall development of the community.

Furthermore, Vocfinu established the Village Savings and Loans Association (VSLA) Project, which assists approximately 300 resourceful women by providing them with seed money to start or sustain their small businesses. This micro loan program fosters economic stability and growth, allowing families to thrive and contributing to the community's resilience. Through these initiatives, Vocfinu plays a vital role in uplifting individuals, enhancing educational opportunities, and promoting sustainable economic practices within the community.




This information is meant to be a general summary of Vocfinu. 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
$160,755 (2021)
Expenses
$160,755 (2021)
Efficiency

Other financial information:

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

  • Gross Receipts: $160,755

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

Principal Officer

Alice Lamunu

Main Address

3712 S 257TH ST, KENT, WA, 98032

NTEE Category

Code: Q33 - International

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