Overview
What is The 3rd Inc?
The 3rd Inc is a nonprofit organization situated in Columbia, Maryland, with an address at 6420 Fairmead Lane. Their mission is to establish a conducive environment that nurtures aspirations, fosters community, and offers mentorship, empowering Women of Color to transform their concepts into economic independence and freedom. In 2022, they completed an 8,000 square foot Community CoWorking Space, which has facilitated collaboration among women, local businesses, and the community. The organization has expanded its membership by 100 individuals.
Official website here: www.https
What do the Facebook reviews say about The 3rd Inc?
The 3rd Inc is praised for its excellent food and welcoming atmosphere. A review highlights the organization's ability to create a unifying spirit in the community, with particular recognition given to Laura Bacon for her impactful contributions. Although there are only two reviews available, they indicate a positive sentiment towards the nonprofit.
Overall, it seems that the services provided by The 3rd Inc are appreciated by those who have interacted with the organization. The atmosphere created appears to foster inclusivity and support within the community, hinting at the good work being done here. The enthusiasm expressed in the reviews suggests a solid foundation for future growth and engagement.
This AI summary has been generated from reviews found on Facebook.
Is The 3rd Inc legitimate?
The 3rd Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 3rd 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: $19,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,871
For more financial information, click here
Official website here: www.https
What is the mission statement of The 3rd Inc?
The mission of The 3rd Inc, as stated, is to establish an environment that encourages dreams, fosters a sense of community, and offers mentorship. This mission aims to empower Women of Color, enabling them to transform their ideas into economic power and freedom. The organization has constructed a CoWorking Space, spanning 8000 square feet, which serves as a platform for collaboration among Women of Color, the community, and local businesses. In addition, The 3rd Inc has welcomed 100 new members into this supportive environment.
Official website here: www.https
Who is the CEO of The 3rd Inc?
Laura Bacon is the CEO of The 3rd Inc The CEO's salary of The 3rd Inc is $0 and their total compensation is $0.
Official website here: www.https
What is the revenue of The 3rd Inc?
The 3rd Inc's revenue in 2023 was $588,925.
Official website here: www.https
Who are the executives of The 3rd Inc and what are their salaries?
The average compensation at The 3rd Inc during 2023 was $29,093. There are 4 employees and 100 volunteers at The 3rd Inc.
Here are 6 key members and their salaries (The 3rd Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.https
Learn more at the official website: www.https
Mission Statement of The 3rd Inc
The 3rd Inc, a nonprofit organization, is dedicated to establishing an environment that encourages dreams, cultivates community, and offers mentorship. This mission aims to empower Women of Color, enabling them to transform their ideas into economic power and attain freedom. By completing an 8000 sq ft Community CoWorking Space in 2022, The 3rd Inc has provided a platform for collaboration among Women of Color, the community, and local businesses. The organization has also welcomed 100 new members, further expanding its reach and impact. By fostering such an inclusive and supportive environment, The 3rd Inc plays a significant role in empowering Women of Color to actualize their entrepreneurial aspirations.
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Impact
October, 2024
The 3rd Inc has made a significant impact by creating a dedicated environment that nurtures dreams and cultivates a sense of community among Women of Color in Columbia, MD. By establishing an 8,000 sq ft Community CoWorking Space, it facilitates collaboration not only among individuals but also with local businesses, fostering an ecosystem of support and innovation.
In 2022 alone, 100 new members joined, reflecting the growing demand for such a space that provides mentorship and resources. This initiative empowers Women of Color to transform their ideas into economic power, ultimately enhancing their independence and freedom. The focus on community improvement underscores the role of The 3rd Inc as a catalyst for positive change, helping to build a foundation for economic and social empowerment.
This information is meant to be a general summary of The 3rd 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 2023.
- Investment Income: $200
- Gross Receipts: $588,925
Assets and Liabilities:
- Total Assets: $321,398
- Total Liabilities: $198,556
- Net Assets: $122,842
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program
Organization Details
Founding Year
2019
Principal Officer
Patricia W Marshall
Website
www.httpsNTEE Category
Code: S30 - Community improvement
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