Infused Impact Inc

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

EIN: 843362785 ✦ Orange, CT ✦ Designated as a 501(c)(3)

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Overview

What is Infused Impact Inc?

Infused Impact Inc is a nonprofit organization situated in Orange, Connecticut, with a mission to combat poverty in developing nations. They achieve this by revitalizing local businesses, thereby generating well-compensated employment opportunities with a sense of dignity. Their primary objective is to establish a sustainable impact in these regions, thereby improving overall living conditions. The organization operates with a dedicated focus on this mission, as stated in their description and activity or mission description.


Official website here: www.infusedimpact.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%

Infused Impact Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization achieved a perfect score in several areas, including governance, with 66% of its board members being independent. This suggests a well-structured leadership that prioritizes transparency and effective oversight.

The charity’s financial management is impressive, with a program expense ratio of 92.29%, indicating that a significant portion of its funds directly supports its mission. Additionally, the organization has a minimal liabilities to assets ratio of just 0.01%, which points to a stable financial position. Key policies, such as conflict of interest and whistleblower protection, are in place, showcasing a robust approach to ethical governance.

While the data highlights many strengths, it is essential to recognize that the overall score is based solely on its Accountability & Finance metrics. There may be other aspects of the organization’s performance that are not reflected in this particular rating, which could provide a more comprehensive view of its overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Infused Impact Inc legitimate?

Infused Impact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Infused Impact 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.infusedimpact.org

What is the mission statement of Infused Impact Inc?

Infused Impact Inc's mission is centered around alleviating poverty in developing nations in a sustainable manner. They achieve this by injecting vitality into local businesses, thereby creating decent employment opportunities that offer dignity. This approach aims to empower individuals and contribute to economic growth in these regions. The organization's primary objective is to uplift communities by fostering the creation of well-paying jobs, ultimately contributing to a reduction in poverty levels.


Official website here: www.infusedimpact.org

Who is the CEO of Infused Impact Inc?

James F Hashem is the President/Director of Infused Impact Inc.


Official website here: www.infusedimpact.org

What is the revenue of Infused Impact Inc?

Infused Impact Inc's revenue in 2022 was $485,684.


Official website here: www.infusedimpact.org

Who are the executives of Infused Impact Inc and what are their salaries?


Here are 6 key members and their salaries:


Stephen Martin (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James F Hashem (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leticia R Hashem (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Dedrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Depasquale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.infusedimpact.org

Where can I find the form 990 for Infused Impact Inc?

Infused Impact Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.infusedimpact.org

Learn more at the official website: www.infusedimpact.org

Mission Statement of Infused Impact Inc

Infused Impact Inc, a nonprofit organization, is committed to addressing poverty in developing nations in a sustainable manner. Their mission is to breathe life into local businesses within these nations, with the ultimate goal of creating dignified, well-paying job opportunities. By infusing life into these businesses, Infused Impact Inc aims to contribute to the alleviation of poverty in these regions, thereby enhancing the overall well-being of the communities they serve.

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Impact




July, 2024

Infused Impact Inc's impact lies in sustainably alleviating poverty in developing nations by infusing life into local businesses to create well-paying jobs with dignity. By focusing on empowering local enterprises, the organization contributes to economic growth, fosters self-reliance, and ultimately improves the standard of living for individuals in these communities.




This information is meant to be a general summary of Infused Impact 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.

Revenue
$485,684 (2022)
Expenses
$478,945 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Gross Receipts: $485,684

Assets and Liabilities:

  • Total Assets: $947,441
  • Total Liabilities: $123
  • Net Assets: $947,318

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Organization Details

Founding Year

2019

Principal Officer

James F Hashem

Main Address

126 CORAM LANE, ORANGE, CT, 06477

NTEE Category

Code: T20 - Philanthropy

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