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Adcolor Inc

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

EIN: 900656450 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Adcolor Inc?

Adcolor Inc, located in New York, NY, is a nonprofit organization with a mission to foster acceptance and promote diversity within the advertising, marketing, and media industries. Their primary activity involves organizing events and conferences to facilitate information sharing and strategy discussions, aiming to improve opportunities for minorities in these sectors. The organization achieves its objectives through contributions from members, organizations, and corporate sponsors. Adcolor Inc operates with a small team of four individuals, dedicated to addressing the unique challenges faced by minorities in these industries.


Official website here: www.adcolor.org

Is Adcolor Inc legitimate?

Adcolor Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Adcolor 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: $11,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,000

For more financial information, click here


Official website here: www.adcolor.org

What is the mission statement of Adcolor Inc?

Adcolor Inc's mission is centered around promoting acceptance and fostering diversity and inclusion within the realms of advertising, marketing, and media industries. The organization recognizes the unique challenges faced by minorities in these sectors and aims to address them. Through annual events and conferences, Adcolor Inc serves as a platform for sharing information and brainstorming strategies to enhance opportunities for minority groups and champion their acceptance within these industries. The organization's activities are primarily funded by contributions from members, organizations, and corporate sponsors.


Official website here: www.adcolor.org

Who is the CEO of Adcolor Inc?

Tiffany Warren is the President of Adcolor Inc.


Official website here: www.adcolor.org

What is the revenue of Adcolor Inc?

Adcolor Inc's revenue in 2022 was $6,087,769.


Official website here: www.adcolor.org

Who are the executives of Adcolor Inc and what are their salaries?

The average compensation at Adcolor Inc during 2022 was $11,962. There are 4 employees at Adcolor Inc.


Here are 17 key members and their salaries:


Tiffany Warren (President)
  • Compensation: $11,850
  • Related: $0
  • Other: $0
Mark D'Arcy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Geiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Cleary (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Constance Frazier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen J Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Grillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Eboli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keesha Jean Baptiste (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Getty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Melville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Nam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc S Strachan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Thornton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sedef Onar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Zangrilli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.adcolor.org

Where can I find the form 990 for Adcolor Inc?

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


Official website here: www.adcolor.org

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

Mission Statement of Adcolor Inc

Adcolor Inc, as a nonprofit organization, is committed to fostering acceptance and promoting diversity and inclusion within the realms of advertising, marketing, and media industries. Recognizing the unique challenges minorities face in these sectors, Adcolor Inc dedicates its efforts to addressing these issues. By organizing events and conferences, the organization provides a platform for members and the public to exchange information and brainstorm strategies aimed at enhancing opportunities for minorities and promoting their acceptance within these industries. Adcolor Inc's mission is furthered through the annual AdColor Awards and Industry Conference, which serves to bolster the common business interests of its members and improve overall business conditions in these industries. The organization's activities are supported by contributions from diverse sources, including members, organizations, and corporate sponsors.

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Impact




October, 2024

Adcolor Inc significantly enhances diversity and inclusion within the advertising, marketing, and media industries by tackling the unique challenges faced by minorities in these fields. Through its initiatives, such as the annual AdColor Awards and Industry Conference, the organization provides a platform for recognition and celebration of diverse talent. These events not only honor achievements but also stimulate discussions on strategies to improve opportunities for underrepresented groups.

By fostering an environment that values diversity, Adcolor Inc promotes better business practices and innovation within the industries it serves. Its focus on community improvement creates a ripple effect, encouraging companies to adopt more inclusive policies and practices. As a result, Adcolor Inc not only uplifts individuals but also enhances the overall effectiveness and creativity of the advertising and marketing landscape.




This information is meant to be a general summary of Adcolor 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
$6,087,769 (2022)
Expenses
$6,239,692 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $6,087,769
  • Gross Receipts: $6,087,769

Assets and Liabilities:

  • Total Assets: $131,138
  • Total Liabilities: $31,138
  • Net Assets: $100,000

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORSHIPS

Revenue

$6,087,769

Organization Details

Founding Year

2011

Principal Officer

Tiffany Warren

Main Address

31 HUDSON YARDS 11TH FL 09, NEW YORK, NY, 10001

NTEE Category

Code: S41 - Community improvement

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