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Common Impact Inc

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

EIN: 300440394 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Common Impact Inc?

Common Impact Inc, based in Brooklyn, New York, is a nonprofit organization dedicated to fostering a connected economy by aligning business and social purpose. They specialize in designing, building, and scaling skills-based volunteer programs for companies, public sector agencies, and nonprofits. These programs help organizations achieve their business and social impact goals by engaging their employees in pro bono work. Common Impact's mission is to enhance the capacity of high-performing nonprofit organizations, enabling them to scale proven models of social impact. By doing so, they create long-term, sustainable partnerships between the corporate and nonprofit sectors, contributing to the betterment of the communities they serve.


Official website here: www.commonimpact.org

Is Common Impact Inc legitimate?

Common Impact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Common Impact 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: $440,193
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,693,321

For more financial information, click here


Official website here: www.commonimpact.org

What is the mission statement of Common Impact Inc?

Common Impact Inc's mission is to foster a connected economy by strengthening nonprofit organizations, enabling them to expand their impactful initiatives. They achieve this by collaborating with businesses, engaging their employees in skills-based volunteer programs. These programs, which include day-of-service events, consulting engagements, executive coaching, and board service, deliver value to both the companies and the communities they serve. The aim is to establish long-term, sustainable partnerships between the corporate and nonprofit sectors.


Official website here: www.commonimpact.org

Who is the CEO of Common Impact Inc?

Leila Saad is the President of Common Impact Inc. The CEO's salary of Common Impact Inc is $61,738 and their total compensation is $61,738.


Official website here: www.commonimpact.org

What is the revenue of Common Impact Inc?

Common Impact Inc's revenue in 2022 was $3,780,610.


Official website here: www.commonimpact.org

Who are the executives of Common Impact Inc and what are their salaries?

The average compensation at Common Impact Inc during 2022 was $60,958. There are 35 employees and 11 volunteers at Common Impact Inc.

Here are 14 key members and their salaries (Common Impact Inc's CEO's salary is $61,738 and their total compensation is $61,738):

    Iheyinwa Duru (Coo)
  • Compensation: $194,646
  • Related: $0
  • Other: $20,733

    • Leila Saad (Ceo Eff. August 2022)
  • Compensation: $146,907
  • Related: $0
  • Other: $16,169

    • Christina Rene (Chief Of Staff)
  • Compensation: $136,180
  • Related: $0
  • Other: $4,121

    • Tessa Vithayathil (Director Programs)
  • Compensation: $118,400
  • Related: $0
  • Other: $17,386

    • Danielle Holly (Ceo, Thru Feb 2022)
  • Compensation: $61,738
  • Related: $0
  • Other: $0

    • Allen Carney (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jihye Gyde (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Cavanaugh (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Ames (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Call (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Hutchisson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorri Mcwhorter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michi Kono (Director, Thru October 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.commonimpact.org

    Where can I find the form 990 for Common Impact Inc?

    The Common Impact Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.commonimpact.org

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

    Mission Statement of Common Impact Inc

    Common Impact Inc, a catalyst for a connected economy, focuses on building the capacity of high-performing nonprofit organizations. Their mission is to enable these organizations to scale their proven models of social impact. To accomplish this, Common Impact partners with companies, utilizing their most strategic philanthropic asset, their employees, in skills-based volunteer programs. These programs, which encompass days of service, in-depth consulting engagements, executive coaching, and board service, create long-term, sustainable partnerships between the corporate and nonprofit sectors. By engaging employees in these programs, Common Impact not only creates value for the companies and the communities they operate in but also empowers nonprofit organizations to make a greater impact in society.

    Impact

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




    Thursday, August 15, 2024

    Common Impact Inc catalyzes a new, connected economy by aligning business and social purpose through skills-based program design and management. They design, build, and scale institutional skills-based volunteer programs by collaborating with companies, public sector agencies, and organizations to create pro bono programs that meet both business and social impact goals. Common Impact builds the capacity of high-performing organizations, enabling them to scale proven models of social impact. By partnering with companies to engage their strategic philanthropic asset - their people - in skills-based volunteer programs such as days of service, in-depth consulting engagements, executive coaching, and board service, Common Impact creates long-term, sustainable partnerships between the corporate and social sectors.





    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: $4,455
  • Program Service Revenue: $3,604,191
  • Gross Receipts: $3,780,610

    • Assets and Liabilities:
  • Total Assets: $4,111,651
  • Total Liabilities: $1,284,171
  • Net Assets: $2,827,480
  • Programs

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

    OUTSOURCED PRGM MANAGE

    Revenue

    $3,173,691

    DAYS OF SERVICE

    Revenue

    $249,000

    EDUCATION AND TRAINING

    Revenue

    $181,500

    Organization Details

    Founding Year

    2007

    Principal Officer

    Leila Saad

    Main Address

    195 MONTAGUE STREET, BROOKLYN, NY, 11201

    NTEE Category

    Code: Z99 - Unknown

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