Web3 Id Coalition Inc

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

EIN: 883761302 ✦ Sparks, NV ✦ Designated as a 501(c)(6)

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Overview

What is Web3 Id Coalition Inc?

Web3 Id Coalition Inc is a Washington D.C.-based nonprofit organization situated at 1455 Pennsylvania Ave NW Suite 400. Their primary mission is to promote and advance the Web3 ID Industry. They aim to advocate for public policy that grants individuals, rather than corporations, ownership of their digital identities during the shift towards a blockchain-based Web3 world. By doing so, they envision a future where individuals have the power to decide what personal data they wish to share, monetize, or keep private, enabling greater economic opportunities, freedom, and security. Their activities include advertising to further their cause.


Official website here: www.web3idcoalition.org

Is Web3 Id Coalition Inc legitimate?

Web3 Id Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Web3 Id Coalition 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.


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.web3idcoalition.org

What is the mission statement of Web3 Id Coalition Inc?

The mission of Web3 Id Coalition Inc is to advocate for a shift in public policy, promoting individual ownership of digital identities in the transition to a blockchain-based Web3 world and beyond. Their vision is to create a future where individuals have the power to decide which personal data they wish to share, monetize, or keep private, thereby enhancing economic opportunities, freedom, and security. This advocacy aims to provide individuals with greater control over their online presence, fostering a more secure and empowered digital society.


Official website here: www.web3idcoalition.org

What is the revenue of Web3 Id Coalition Inc?

Web3 Id Coalition Inc's revenue in 2023 was $131,220.


Official website here: www.web3idcoalition.org

Who are the executives of Web3 Id Coalition Inc and what are their salaries?

There 8 volunteers at Web3 Id Coalition Inc.

Here are 4 key members and their salaries:


Hudson Hollister (Secretary)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Sena Loyd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Weiss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Giglio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.web3idcoalition.org

Where can I find the form 990 for Web3 Id Coalition Inc?

Web3 Id Coalition Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.web3idcoalition.org

Learn more at the official website: www.web3idcoalition.org

Mission Statement of Web3 Id Coalition Inc

Web3 Id Coalition Inc is committed to advocating for public policy that places individuals, rather than corporations, at the forefront of digital identity ownership. In the transition to a blockchain-based Web3 world and beyond, the organization envisions a future where individuals have the power to decide which personal data they wish to share, monetize, or keep private. This vision stems from the belief that such control can lead to increased economic opportunities, freedom, and security for individuals. The mission of Web3 Id Coalition Inc is centered around promoting a future where individuals have autonomy over their digital identities, empowering them to shape their own digital footprints and reap the benefits that come with it.

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Impact




October, 2024

Web3 Id Coalition Inc plays a pivotal role in shaping the future of digital identities by advocating for policies that prioritize individual ownership over corporate control. By focusing on the transition to a blockchain-based Web3 world, the Coalition aims to empower individuals, allowing them to have complete control over their personal data. This transformative approach not only enhances privacy and security but also creates new economic opportunities where individuals can choose to share or monetize their information.

The Coalition actively promotes the Web3 ID industry, raising awareness and driving conversations around the importance of digital identity rights. By fostering an environment where individuals are at the center of digital identity management, Web3 Id Coalition Inc contributes to a more equitable and secure digital landscape. The impact of their work resonates across communities, enhancing overall welfare and offering individuals greater freedom to navigate their digital lives on their own terms.




This information is meant to be a general summary of Web3 Id Coalition Inc. 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
$131,220 (2023)
Expenses
$288,540 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $131,220

Assets and Liabilities:

  • Total Assets: $232,722
  • Total Liabilities: $0
  • Net Assets: $232,722

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Organization Details

Founding Year

2022

Principal Officer

Sena Loyd

NTEE Category

Code: S41 - Community improvement

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