Overview
What is Black Impact Community Fund Inc?
Black Impact Community Fund Inc, located in Los Angeles, California, is a nonprofit organization committed to empowering underserved communities and marginalized groups. Their mission is to bridge racial wealth and technological gaps by offering educational programs, career support, and financial counseling. Through these initiatives, they aim to equip individuals with the necessary skills to combat multigenerational poverty and build generational wealth. With a small yet dedicated team of one employee, Black Impact Community Fund Inc is making strides in addressing inequality and fostering prosperity in their communities.
Official website here: www.blackimpact.com
Is Black Impact Community Fund Inc legitimate?
Black Impact Community Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Impact Community Fund 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,926
For more financial information, click here
What is the mission statement of Black Impact Community Fund Inc?
The Black Impact Community Fund Inc is committed to addressing racial wealth and technological inequality. They accomplish this by providing underserved communities and marginalized groups with educational programs, career support, and resources such as financial counseling. These offerings aim to help individuals build the necessary skills to decrease multigenerational poverty and establish generational wealth. The organization's activities are centered around empowering these communities to break the cycle of poverty and strive for financial prosperity.
Official website here: www.blackimpact.com
Who is the CEO of Black Impact Community Fund Inc?
Sherri Francois is the President of Black Impact Community Fund Inc.
Official website here: www.blackimpact.com
What is the revenue of Black Impact Community Fund Inc?
Black Impact Community Fund Inc's revenue in 2022 was $530,164.
Official website here: www.blackimpact.com
Who are the executives of Black Impact Community Fund Inc and what are their salaries?
The average compensation at Black Impact Community Fund Inc during 2022 was $49,926. There are 1 employees and 13 volunteers at Black Impact Community Fund Inc.
Here are 13 key members and their salaries:
- Malcolm Rivera (President) [Trustee/Director]
- Sherri Francois (Chairman) [Trustee/Director]
- Joe El Rady (Cfo) [Trustee/Director]
- Mike Mahurin (Secretary & General Counsel) [Trustee/Director]
- Michael Tubbs (Executive Director)
- William O'Neil (Director Of Capital Markets)
- James Lee Sorenson (Board Member) [Trustee/Director]
- Alfonozo Coasta (Board Member) [Trustee/Director]
- Devin Wagman (Board Member) [Trustee/Director]
- Arabian Price (Advisory Board Member) [Trustee/Director]
- Jade Lovine (Advisory Board Member) [Trustee/Director]
- Lisa Kang (Advisory Board Member) [Trustee/Director]
- Adlai Wertman (Advisory Board Member) [Trustee/Director]
Official website here: www.blackimpact.com
Where can I find the form 990 for Black Impact Community Fund Inc?
The Black Impact Community Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.blackimpact.com
Learn more at the official website: www.blackimpact.com
Mission Statement of Black Impact Community Fund Inc
Black Impact Community Fund Inc is committed to tackling racial wealth and technological inequality by offering educational programs, career support, and resources such as financial counseling to underserved communities and marginalized groups. Their mission is to empower these groups, helping them develop the necessary skills to reduce multigenerational poverty and build generational wealth. Through their initiatives, Black Impact Community Fund Inc aims to provide the tools and guidance needed to break the cycle of poverty and create sustainable prosperity for future generations.
Impact
This information is meant to be a general summary of Black Impact Community Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Black Impact Community Fund Inc's impact is focused on addressing racial wealth and technological inequality in underserved communities and marginalized groups. By providing educational programs, career support, and financial counseling, the organization helps individuals build skills to break the cycle of multigenerational poverty and create generational wealth. Their mission is to empower communities to achieve long-term financial stability and create lasting positive change.
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:
Organization Details
Founding Year
2020
Phone
(323) 306-4648
Principal Officer
Sherri Francois
Main Address
1000 E 60TH ST, LOS ANGELES, CA, 90001
Website
www.blackimpact.com
NTEE Category
Code: P20 - Human services
If you are a representative of Black Impact Community Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.