Ims Foundation

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

EIN: 863279821 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Ims Foundation?

Ims Foundation is a 501(c)(3) tax-exempt organization, recognized as a public charity, located in Philadelphia, Pennsylvania. Its primary function is to support the charitable purposes of Independence Mission Schools, a Pennsylvania corporation. The foundation manages and distributes assets for these charitable objectives, aiming to contribute positively to the school's mission. The specific focus of Ims Foundation's activities remains undisclosed in the provided information.

Is Ims Foundation legitimate?

Ims Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ims Foundation 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

What is the mission statement of Ims Foundation?

The Ims Foundation's mission is centered around providing charitable support. It primarily aims to manage and distribute assets for the benefit of Independence Mission Schools, a Pennsylvania corporation recognized as tax-exempt under Section 501(C)(3) of the U.S. Code as a public charity. The foundation's objective is to contribute to the charitable purposes of Independence Mission Schools, thereby supporting their mission.

Who is the CEO of Ims Foundation?

Kenneth Phelan is the Treasurer of Ims Foundation.

What is the revenue of Ims Foundation?

Ims Foundation's revenue in 2022 was $8,736,276.

Who are the executives of Ims Foundation and what are their salaries?

There 6 volunteers at Ims Foundation.


Here are 6 key members and their salaries:


Lauren Adamski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maris Ogg (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Phelan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Piotrowicz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph T Stapleton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ims Foundation?

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

Mission Statement of Ims Foundation

The Ims Foundation is a charitable organization with a mission to support the benevolent objectives of Independence Mission Schools, a Pennsylvania corporation that holds tax-exempt status under Section 501(C)(3) of the Code as a public charity. This nonprofit organization's primary role is to receive, manage, and distribute assets for charitable purposes, thereby aiding in the fulfillment of Independence Mission Schools' mission. In essence, the Ims Foundation serves as a conduit for charitable contributions, channeling resources towards the noble cause of supporting the educational institution.

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Impact




July, 2024

Ims Foundation's impact is focused on supporting the charitable purposes of Independence Mission Schools, a Pennsylvania corporation recognized as tax-exempt under section 501(c)(3) of the code as a public charity. The foundation receives, manages, and distributes assets for charitable purposes in support of Independence Mission Schools in Philadelphia, PA. By doing so, Ims Foundation plays a crucial role in advancing the educational mission of Independence Mission Schools and positively impacting the community.




This information is meant to be a general summary of Ims Foundation. 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
$8,736,276 (2022)
Expenses
$1,032 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $786
  • Gross Receipts: $8,736,276

Assets and Liabilities:

  • Total Assets: $8,663,872
  • Total Liabilities: $510
  • Net Assets: $8,663,362

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Organization Details

Founding Year

2021

Principal Officer

Kenneth Phelan

Main Address

1012 W THOMPSON STREET, PHILADELPHIA, PA, 19122

NTEE Category

Code: W12 - Public benefit

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