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Operation Second Chance Inc

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

EIN: 202624345 ✦ Germantown, MD ✦ Designated as a 501(c)(3)

Overview

What is Operation Second Chance Inc?

Operation Second Chance Inc is a dedicated nonprofit organization situated in Germantown, Maryland. Their primary mission is to extend emergency financial assistance to American veterans who have sustained injuries, illnesses, or wounds during their military service. By providing support with rental and mortgage payments, utility bills, travel expenses for family members, and direct payments to creditors, they aim to prevent homelessness and evictions, fostering stability during recovery. With a team of seven dedicated individuals, Operation Second Chance Inc is a patriotic community effort, committed to honoring the sacrifices of our armed forces by offering immediate aid and promoting public awareness of their needs.


Official website here: www.operationsecondchance.org

Is Operation Second Chance Inc legitimate?

Operation Second Chance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Operation Second Chance 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: $104,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,109

For more financial information, click here


Official website here: www.operationsecondchance.org

What is the mission statement of Operation Second Chance Inc?

Operation Second Chance Inc, as a dedicated organization, is focused on serving the needs of wounded, injured, and ill combat veterans and their families. They achieve this by establishing meaningful relationships and providing immediate support. The organization's mission is to promote public awareness of the significant sacrifices made by the Armed Forces. In times of distress, they offer emergency financial aid, covering expenses such as rent and mortgage payments to prevent homelessness, utility bills, travel costs for family visits during recovery, and direct payments to creditors. This swift and compassionate assistance is facilitated through verified caseworkers or VA representatives.


Official website here: www.operationsecondchance.org

Who is the CEO of Operation Second Chance Inc?

Cindy Mcgrew is the President of Operation Second Chance Inc.


Official website here: www.operationsecondchance.org

What is the revenue of Operation Second Chance Inc?

Operation Second Chance Inc's revenue in 2022 was $2,107,891.


Official website here: www.operationsecondchance.org

Who are the executives of Operation Second Chance Inc and what are their salaries?

The average compensation at Operation Second Chance Inc during 2022 was $29,396. There are 7 employees at Operation Second Chance Inc.

Here are 10 key members and their salaries:

    Cindy Mcgrew (President) [Trustee/Director]
  • Compensation: $104,665
  • Related: $0
  • Other: $0

    • Pete Hinz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Lourake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Knisely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luke Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deane Shure (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clark Wagner (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Sanders (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.operationsecondchance.org

    Where can I find the form 990 for Operation Second Chance Inc?

    The Operation Second Chance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.operationsecondchance.org

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

    Mission Statement of Operation Second Chance Inc

    Operation Second Chance Inc, a group of patriotic citizens, is dedicated to serving and supporting wounded, injured, and ill combat veterans and their families. Their mission is twofold: firstly, they establish relationships with these veterans and their families, and secondly, they provide immediate assistance to meet their needs and interests. Moreover, Operation Second Chance Inc works tirelessly to promote public awareness of the significant sacrifices made by our Armed Forces.

    In practical terms, Operation Second Chance Inc offers emergency financial assistance to veterans who have been wounded, injured, or ill during their military service. This aid takes various forms, such as payment of rent or mortgage to prevent homelessness and evictions, utility bills, flights, and lodging to allow family members to be present during recovery. Notably, Operation Second Chance Inc processes these requests swiftly, ensuring a response within 24 to 48 hours. This rapid response mechanism allows them to make payments directly to the veterans' creditors, thereby providing timely and effective support.

    Impact

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




    Thursday, August 15, 2024

    Operation Second Chance Inc's impact is significant in providing immediate and critical support to wounded, injured, and ill combat veterans and their families. By offering emergency financial assistance for rent and mortgage payments to prevent homelessness, covering utility bills, arranging flights and lodging for family members to be together during recovery, the organization ensures that veterans in need receive timely and essential aid. Moreover, their rapid response within 24-48 hours directly paying creditors showcases their commitment to efficiently addressing veterans' needs. This direct assistance has a direct and tangible impact on the lives of those who have served our country, ensuring they receive the support and care they deserve.





    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 2022.

  • Investment Income: $76,025
  • Program Service Revenue: $0
  • Gross Receipts: $2,358,024

    • Assets and Liabilities:
  • Total Assets: $7,139,777
  • Total Liabilities: $505,130
  • Net Assets: $6,634,647
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Cindy Mcgrew

    Main Address

    20251 Century Blvd Suite 130, Germantown, MD, 20874

    NTEE Category

    Code: W30 - Public benefit

    If you are a representative of Operation Second Chance 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.