Project Equity

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

EIN: 862938689 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Project Equity?

Project Equity is a prominent national organization headquartered in Oakland, California, with an address at 585 El Dorado Ave, CA-94611. Their mission revolves around promoting employee ownership as a viable exit strategy for business owners, enhancing employee engagement, and improving overall well-being. They accomplish this by collaborating with partners across the country, providing hands-on consulting, support, and financing to companies transitioning to employee ownership. Project Equity also focuses on ensuring the success of the new employee-owners and the business after the transition, thereby harnessing employee ownership to maintain thriving local business communities, honor selling owners' legacies, and address income and wealth inequality.


Official website here: www.project-equity.org

Is Project Equity legitimate?

Project Equity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Equity 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.project-equity.org

What is the mission statement of Project Equity?

Project Equity serves as a national advocate for employee ownership, aiming to preserve thriving local business communities and honor the legacies of selling business owners. Its mission also includes addressing income and wealth inequality. Project Equity works with partners across the country to promote employee ownership as an exit strategy for business owners and a means to boost employee engagement and well-being. The organization provides hands-on consulting, support, and financing to companies transitioning to employee ownership, ensuring the success of both the new employee-owners and their businesses after the transition.


Official website here: www.project-equity.org

Who is the CEO of Project Equity?

Alison Lingane is the Director of Project Equity.


Official website here: www.project-equity.org

What is the revenue of Project Equity?

Project Equity's revenue in 2022 was $1,187,007.


Official website here: www.project-equity.org

Who are the executives of Project Equity and what are their salaries?


Here are 4 key members and their salaries:


Eric Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Yamamoto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilary Abell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Lingane (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.project-equity.org

Where can I find the form 990 for Project Equity?

Project Equity's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.project-equity.org

Learn more at the official website: www.project-equity.org

Mission Statement of Project Equity

Project Equity serves as a national leader in championing employee ownership as a strategy to preserve thriving local business communities, honor the legacies of selling business owners, and tackle income and wealth inequality. Their mission is focused on raising awareness about employee ownership as an exit strategy for business owners and an effective approach to boost employee engagement and well-being. Beyond raising awareness, Project Equity provides hands-on consulting, support, and financing to companies looking to transition to employee ownership, as well as to the new employee-owners to ensure their success and the continued thriving of their businesses post-transition.

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Impact




July, 2024

Project Equity's impact can be seen in the thriving local business communities they help maintain, the legacies of selling owners they honor, and the strides they make in addressing income and wealth inequality. By working with partners nationwide, Project Equity raises awareness about the benefits of employee ownership as an exit strategy for business owners, fostering increased employee engagement and well-being. Additionally, through hands-on consulting, support, and financing, they facilitate the successful transition of companies to employee ownership, ensuring both the business and its new employee-owners thrive post-transition.




This information is meant to be a general summary of Project Equity. 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
$1,187,007 (2022)
Expenses
$13,462 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,709
  • Gross Receipts: $1,187,007

Assets and Liabilities:

  • Total Assets: $1,709,037
  • Total Liabilities: $535,492
  • Net Assets: $1,173,545

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Organization Details

Founding Year

2021

Principal Officer

Alison Lingane

Main Address

585 EL DORADO AVE, Oakland, CA, 94611

NTEE Category

Code: S30 - Community improvement

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