Overview
What is Shi Institute?
Shi Institute is a nonprofit organization based in Vancouver, Washington, with a specific purpose. It serves as a title holder for property, generating income from it, and then transferring the entire amount, minus expenses, to Shared Hope International (91-1938635). Essentially, Shi Institute acts as a financial conduit, supporting Shared Hope International's initiatives. The exact nature of Shared Hope International's work is not specified in the provided information, but it is a nonprofit organization with its own EIN number (Employer Identification Number).
Official website here: www.sharedhope.org
Is Shi Institute legitimate?
Shi Institute is a legitimate nonprofit organization registered as a 501(c)(2) entity. Shi Institute 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: $0
For more financial information, click here
Official website here: www.sharedhope.org
What is the mission statement of Shi Institute?
The Shi Institute is established with a specific purpose. It holds title to property and collects income from it. The primary objective of the institution is to then distribute this income, after deducting expenses, entirely for the benefit of Shared Hope International, a non-profit organization with the tax ID 91-1938635. While the Shi Institute itself does not have a mission statement in the traditional sense, its activities are aligned with supporting Shared Hope International's cause.
Official website here: www.sharedhope.org
Who is the CEO of Shi Institute?
Linda Smith is the Director of Shi Institute.
Official website here: www.sharedhope.org
What is the revenue of Shi Institute?
Shi Institute's revenue in 2022 was $0.
Official website here: www.sharedhope.org
Who are the executives of Shi Institute and what are their salaries?
There 3 volunteers at Shi Institute.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sharedhope.org
Where can I find the form 990 for Shi Institute?
Shi Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharedhope.org
Learn more at the official website: www.sharedhope.org
Mission Statement of Shi Institute
The Shi Institute is established with a specific purpose. Its mission is to serve as a custodian for property, generating income from it, and subsequently transferring the entire amount, minus expenses, to Shared Hope International (91-1938635). In essence, the Shi Institute functions as a financial intermediary, channeling resources to Shared Hope International to support their initiatives. The primary objective of this financial transaction is to contribute to Shared Hope International's exclusive benefit. The Shi Institute's role is instrumental in providing financial support to further the mission and goals of Shared Hope International.
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Impact
October, 2024
The Shi Institute plays a significant role in enhancing community well-being by managing property assets and generating income that directly supports vital programs of Shared Hope International. By efficiently holding and administering real estate, the Institute ensures that funds are maximally leveraged for initiatives aimed at addressing critical social issues, particularly those concerning the prevention of human trafficking and the assistance of vulnerable populations. Its focus on financial stewardship allows for the continual reinvestment of resources into transformative community efforts, thereby amplifying its impact and contributing to a safer, more equitable society. Overall, the Shi Institute is pivotal in facilitating sustained support for initiatives that uplift and empower individuals and families in need.
This information is meant to be a general summary of Shi Institute. 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.
Assets and Liabilities:
- Total Assets: $2,405,754
- Total Liabilities: $2,595,775
- Net Assets: -$190,021
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Organization Details
Founding Year
2019
Phone
(360) 693-8100Principal Officer
Linda Smith
Main Address
PO BOX 1907, VANCOUVER, WA, 98668
Website
www.sharedhope.orgNTEE Category
Code: S47 - Community improvement
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