Overview
What is Capitalists For Shared Income?
Capitalists for Shared Income (C4si) is a nonprofit organization that collaborates with other 501(c)(3) charities, primarily working on issues related to food insecurity, housing insecurity, and economic stability. Their unique approach involves enhancing the support they offer by incorporating pre-loaded debit cards, known as $ecruity Cards, into their existing distribution programs. In the year 2022, C4si successfully distributed 924 such cards, totaling an amount of $21,500. This initiative aims to provide a more substantial level of assistance to those in need.
Official website here: www.capitalists4si.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Not Available
Capitalists For Shared Income (C4SI) has garnered significant praise from donors for its innovative approach to addressing poverty by providing direct cash support through pre-funded debit cards. Reviewers emphasize that this method empowers individuals facing economic hardship, allowing them to access funds with dignity and flexibility. The organization is commended for its grassroots model, effective partnerships with existing community organizations, and transparency in operations, which reassures donors about the impact of their contributions.
Many supporters highlight C4SI's commitment to tackling wealth inequality, noting that it addresses a critical shortcoming of capitalism by redistributing resources directly to those in need. Donors feel confident that their contributions are being utilized efficiently, delivering immediate benefits to vulnerable populations. The positive testimonials reflect a strong sense of community and shared responsibility among supporters, who appreciate the organization's mission to foster a more equitable society.
While the feedback is overwhelmingly positive, potential limitations or challenges to C4SI's operations are not explicitly discussed in the reviews. Nonetheless, the strong endorsement from a diverse group of donors suggests a robust support base for the organization's initiatives. C4SI appears to be making a significant impact on alleviating poverty by leveraging the principles of capitalism to benefit those who are often left behind.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Capitalists For Shared Income legitimate?
Capitalists For Shared Income is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capitalists For Shared Income 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.
Official website here: www.capitalists4si.org
What is the mission statement of Capitalists For Shared Income?
Capitalists For Shared Income's mission is centered around collaborating with various 501(c)(3) charities primarily focused on alleviating food insecurity, housing insecurity, and economic hardships. To augment the support provided by these organizations, Capitalists For Shared Income introduces pre-loaded debit cards, known as $ecruity Cards. In 2022, they distributed 924 such cards, totaling $21,500 in financial aid. The organization's goal is to enhance the assistance provided to those in need, aiming to make a significant impact in these critical areas.
Official website here: www.capitalists4si.org
Who is the CEO of Capitalists For Shared Income?
Abraham Zeigler is the President of Capitalists For Shared Income.
Official website here: www.capitalists4si.org
What is the revenue of Capitalists For Shared Income?
Capitalists For Shared Income's revenue in 2022 was $75,247.
Official website here: www.capitalists4si.org
Who are the executives of Capitalists For Shared Income and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.capitalists4si.org
Where can I find the form 990EZ for Capitalists For Shared Income?
Capitalists For Shared Income's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.capitalists4si.org
Learn more at the official website: www.capitalists4si.org
Mission Statement of Capitalists For Shared Income
Capitalists For Shared Income is an organization that collaborates with various 501(c)(3) charities, primarily focusing on issues related to food insecurity, housing insecurity, and economic instability. The mission of this nonprofit is to enhance the support these charities offer by supplementing their existing distributions with a unique solution: pre-loaded debit cards, known as $ecruity Cards. These cards serve as an additional resource, providing recipients with more flexibility and access to funds. In 2022, Capitalists For Shared Income distributed 924 of these debit cards, totaling an amount of $21,500. This initiative aims to augment the assistance provided by partnering charities, thereby strengthening their ability to assist individuals and families in need.
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Impact
August, 2024
Capitalists For Shared Income's impact can be seen in their partnership with other charities focused on food insecurity, housing insecurity, and economic security. By providing pre-funded debit cards branded as $ecruity Cards, C4si aims to enhance the support offered by these organizations. In 2022 alone, they distributed 924 debit cards worth $21,500, directly benefiting individuals in need. This demonstrates their commitment to addressing crucial societal issues and making a tangible difference in the community.
This information is meant to be a general summary of Capitalists For Shared Income. 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.
- Investment Income: $1,554
- Gross Receipts: $82,290
Assets and Liabilities:
- Total Assets: $67,220
- Total Liabilities: $0
- Net Assets: $67,220
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Organization Details
Phone
(510) 764-8868Principal Officer
Abraham Zeigler
Main Address
PO BOX 352, WALNUT CREEK, CA, 94597
Website
www.capitalists4si.orgNTEE Category
Code: T12 - Philanthropy
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