Degage Holdings

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

EIN: 872374412 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Degage Holdings?

Degage Holdings is a nonprofit organization based in Grand Rapids, Michigan, with an address at 144 S Division, 49503. Its primary objective is to support Degage Ministries in its mission to aid homeless and low-income individuals. Degage Ministries operates as a community center, offering overnight shelter, meals, hygiene facilities, and support services to those in need. The mission of Degage Holdings is to reflect the love of Christ to all who seek their assistance by cultivating meaningful relationships and implementing programs that uphold dignity and respect.


Official website here: www.degageministries.org

Is Degage Holdings legitimate?

Degage Holdings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Degage Holdings 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.degageministries.org

What is the mission statement of Degage Holdings?

Degage Holdings, with its primary objective of supporting Degage Ministries, is committed to reflecting the love of Christ towards the homeless and low-income individuals who seek their services. By establishing relationships and offering programs, Degage Holdings strives to uphold dignity and respect for these individuals. Their mission includes providing overnight shelter, meals, hygiene facilities, and support services, aiming to enhance the lives of those in need.


Official website here: www.degageministries.org

Who is the CEO of Degage Holdings?

Thelma Ensink is the Board Member of Degage Holdings.


Official website here: www.degageministries.org

What is the revenue of Degage Holdings?

Degage Holdings's revenue in 2022 was $36,637.


Official website here: www.degageministries.org

Who are the executives of Degage Holdings and what are their salaries?

There 5 volunteers at Degage Holdings.


Here are 6 key members and their salaries:


Charles Burpee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Lake (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lunt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Deroo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Verwys (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thelma Ensink (Executive Director)
  • Compensation: $0
  • Related: $116,973
  • Other: $0


Official website here: www.degageministries.org

Where can I find the form 990 for Degage Holdings?

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


Official website here: www.degageministries.org

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

Mission Statement of Degage Holdings

Degage Holdings, as an organization, is committed to reflecting the love of Christ towards the homeless and low-income individuals who seek their assistance. Their primary mission is to build relationships and offer programs that promote dignity and respect. By supporting Degage Ministries in its outreach efforts, Degage Holdings aims to provide overnight shelter, meals, hygiene facilities, and support services that cater to the needs of these vulnerable individuals. Their objective is to extend a sense of compassion and care, helping these individuals regain their self-worth and reintegrate into society.

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Impact




October, 2024

Degage Holdings plays a pivotal role in addressing the needs of homeless and low-income individuals in Grand Rapids, Michigan. Through its support of Degage Ministries, it provides essential services such as overnight shelter, meal services, and hygiene facilities. These offerings create a safe and welcoming environment where individuals can find not only immediate relief but also the dignity and respect they deserve.

By building meaningful relationships and fostering a sense of community, Degage Holdings reflects its mission to instill hope and empower individuals on their journey toward stability and self-sufficiency. Its commitment to holistic care and outreach helps alleviate the challenges faced by vulnerable populations, enhancing their quality of life and promoting social inclusion. As a central resource in the community, Degage Holdings significantly impacts the lives of those it serves, creating a ripple effect of compassion and support throughout the region.




This information is meant to be a general summary of Degage Holdings. 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
$36,637 (2022)
Expenses
$209,990 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,637
  • Gross Receipts: $36,637

Assets and Liabilities:

  • Total Assets: $9,337,253
  • Total Liabilities: $7,368,375
  • Net Assets: $1,968,878

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Organization Details

Founding Year

2021

Principal Officer

Thelma Ensink

Main Address

144 S DIVISION, GRAND RAPIDS, MI, 49503

NTEE Category

Code: P11 - Human services

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