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Team Inc

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

EIN: 060835182 ✦ Derby, CT ✦ Designated as a 501(c)(3)

Overview

What is Team Inc?

Team Inc is a nonprofit corporation based in Derby, Connecticut, serving the Southwest/Central Connecticut area around the Naugatuck River Valley and beyond. With a mission to educate, support, and empower individuals and families, Team Inc offers a range of initiatives to help them avoid crises and achieve stability. These services include housing and residential assistance to help individuals find and keep suitable housing, home-heating energy assistance and counseling, income management services for financial counseling and tax assistance, and employment skill acquisition. Team's comprehensive approach also includes linkages and referrals to community services. Established in the wake of President Johnson's Economic Opportunity Act of 1964, Team remains committed to addressing the complex needs of those in poverty and breaking the cycle of poverty. With a team of 203 employees, Team's multigenerational service delivery system focuses on support services, early childhood, and elderly services.


Official website here: www.teaminc.org

Is Team Inc legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $320,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,996,914

For more financial information, click here


Official website here: www.teaminc.org

What is the mission statement of Team Inc?

Team Inc is a not-for-profit organization dedicated to enhancing communities by educating, supporting, and empowering individuals and families. Established as a federally-designated antipoverty agency, Team was founded in response to President Johnson's Economic Opportunity Act of 1964, which aimed to comprehensively address the needs of the disadvantaged and break the cycle of poverty. In President Johnson's announcement of Project Head Start, he emphasized the importance of investing in children, as half of the impoverished population were children at the time. Team continues its multigenerational service delivery system, concentrating on support services, early childhood, and elderly services.


Official website here: www.teaminc.org

Who is the CEO of Team Inc?

David Morgan is the Director of Team Inc. The CEO's salary of Team Inc is $164,721 and their total compensation is $186,720.


Official website here: www.teaminc.org

What is the revenue of Team Inc?

Team Inc's revenue in 2023 was $24,188,289.


Official website here: www.teaminc.org

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

The average compensation at Team Inc during 2023 was $31,121. There are 203 employees and 105 volunteers at Team Inc.

Here are 21 key members and their salaries (Team Inc's CEO's salary is $164,721 and their total compensation is $186,720):

    David Morgan (Ceo/President)
  • Compensation: $164,721
  • Related: $0
  • Other: $21,999

    • Wendy Rodorigo (Cfo)
  • Compensation: $131,916
  • Related: $0
  • Other: $8,989

    • Jamie Peterson (Director Of Early Childhood)
  • Compensation: $102,957
  • Related: $0
  • Other: $7,305

    • Alfred Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beatriz Lugo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Fonck (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geralyn O'Neil- Wild (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Hatfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Barcley (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Zarro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Gurin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Mutrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lula Walker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Flynn (Outgoing-Trustee/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Van Egghen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Sill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephane Skibo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Len Duffus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Youngblood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Mcduffie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yalitza Senquiz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.teaminc.org

    Where can I find the form 990 for Team Inc?

    The Team Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.teaminc.org

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

    Mission Statement of Team Inc

    Team Inc, a not-for-profit corporation, is dedicated to strengthening communities by educating, supporting, and empowering individuals and families. Established in response to President Lyndon Johnson's Economic Opportunity Act of 1964, Team Inc was founded to comprehensively address the complex needs of the disadvantaged and eliminate the cycle of poverty. This groundbreaking legislation paved the way for the creation of community action agencies, Head Start programs, and legal services, among other initiatives.

    Johnson's announcement of Project Head Start emphasized the importance of investing in children, 50% of whom were living in poverty at the time. Team Inc remains committed to this mission, providing multigenerational services through a delivery system focused on support services, early childhood, and elderly care. The organization's enduring legacy is rooted in its dedication to uplifting communities and transforming lives. By offering educational opportunities, vital support systems, and essential services, Team Inc continues to make a lasting impact on the lives of those it serves.

    Impact

    This information is meant to be a general summary of Team Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Team Inc's impact is significant in strengthening the community by educating, supporting, and empowering individuals and families. Their initiatives provide crucial support services that help individuals and families avoid crisis and achieve stability. By offering housing and residential services, home-heating energy assistance, income management services, and employment skills assistance, Team Inc plays a vital role in promoting economic stability among those in need. Additionally, their linkages and referrals to community services complement their integrated approach, empowering individuals and families towards self-sufficiency.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $10,295
  • Program Service Revenue: $1,002,381
  • Gross Receipts: $24,197,270

    • Assets and Liabilities:
  • Total Assets: $13,533,661
  • Total Liabilities: $1,704,595
  • Net Assets: $11,829,066
  • Programs

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

    PARTICIPANT FEES

    Revenue

    $902,206

    RENTAL INCOME

    Revenue

    $100,175

    Organization Details

    Founding Year

    1965

    Principal Officer

    David Morgan

    Main Address

    30 ELIZABETH STREET, DERBY, CT, 06418

    NTEE Category

    Code: P200 - Human services

    If you are a representative of Team Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.