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Swans Marketplace Inc

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

EIN: 943285494 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Swans Marketplace Inc?

Swans Marketplace Inc is a nonprofit organization situated in Oakland, California, specifically at 1825 SAN PABLO AVENUE SUITE 200. The primary objective of this organization is to contribute to community development, with a focus on supporting low-income families and disadvantaged neighborhoods. They achieve this mission by operating a leased commercial property within the Oakland area. The specific projects and initiatives undertaken by Swans Marketplace Inc for this purpose remain undetailed in the provided information.

Is Swans Marketplace Inc legitimate?

Swans Marketplace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swans Marketplace 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

What is the mission statement of Swans Marketplace Inc?

Swans Marketplace Inc, as an organization, is committed to developing and operating community development projects. Their mission is primarily focused on serving low-income families and disadvantaged neighborhoods. This mission is aimed at bettering the living conditions and opportunities for these communities. The organization was established with the purpose of carrying out these community development projects.

Who is the CEO of Swans Marketplace Inc?

Lina Sheth is the Chair of Swans Marketplace Inc.

What is the revenue of Swans Marketplace Inc?

Swans Marketplace Inc's revenue in 2022 was $795,766.

Who are the executives of Swans Marketplace Inc and what are their salaries?


Here are 6 key members and their salaries:


Sean Sullivan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Drumm (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Govert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Francis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Korin Crawford (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thai-An Ngo (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Swans Marketplace Inc?

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

Mission Statement of Swans Marketplace Inc

Swans Marketplace Inc, as a nonprofit organization, is committed to developing and operating community development projects. The primary focus of these projects is to cater to the needs of low-income families and disadvantaged neighborhoods. This mission is aimed at improving living conditions and providing opportunities for those who may be financially or socially disadvantaged. Swans Marketplace Inc was established with the intention of making a tangible impact in these communities, using its resources to drive positive change. By developing and operating these projects, the organization aims to contribute to the betterment of society as a whole.

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Impact




October, 2024

Swans Marketplace Inc operates a leased commercial property in Oakland, CA, focusing on community development projects. Its mission is to support low and very low-income families and underserved neighborhoods, which significantly impacts the local community by fostering economic growth and revitalization.

Through its initiatives, Swans Marketplace Inc enhances access to resources and opportunities for disadvantaged populations, promoting social equity. By prioritizing development projects aimed at uplifting these communities, the organization plays a vital role in improving the quality of life for residents, creating a more inclusive environment where all can thrive.

Furthermore, the organization’s emphasis on arts within its community development efforts helps cultivate cultural engagement and expression, enriching the local landscape and fostering a sense of community. Through its work, Swans Marketplace Inc contributes to building resilient neighborhoods and empowering individuals, ultimately driving positive change in Oakland.




This information is meant to be a general summary of Swans Marketplace 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
$795,766 (2022)
Expenses
$511,165 (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: $779,733
  • Gross Receipts: $795,766

Assets and Liabilities:

  • Total Assets: $10,798,863
  • Total Liabilities: $3,723,119
  • Net Assets: $7,075,744

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Programs

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

OPERATING LEASE RENTAL

Revenue

$779,733

Organization Details

Founding Year

1997

Principal Officer

Lina Sheth

Main Address

1825 SAN PABLO AVENUE SUITE 200, OAKLAND, CA, 94612

NTEE Category

Code: A82Z - Arts

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