Overview
What is Breaking Ground Inc?
Breaking Ground Inc is a nonprofit organization situated in Chicago, Illinois, dedicated to uplifting families by providing them with essential resources for financial independence and personal development. Through constructing affordable single-family homes, the organization supports families facing the threat of gentrification. Moreover, Breaking Ground Inc fosters social enterprises and start-up construction companies, led by local residents, to create sustainable opportunities and contribute to the community. By combining these initiatives, Breaking Ground Inc aims to empower families, helping them achieve self-sufficiency and personal growth.
Official website here: www.breakingground.net
Is Breaking Ground Inc legitimate?
Breaking Ground Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breaking Ground 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: $72,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,751
For more financial information, click here
Official website here: www.breakingground.net
What is the mission statement of Breaking Ground Inc?
Breaking Ground Inc's mission is focused on empowering families, promoting self-sufficiency, and fostering personal growth. The organization achieves this by constructing affordable single-family homes and nurturing local residents to lead social enterprises and construction start-ups. Breaking Ground's programs aim to provide economic tools and offer a chance for individuals to improve their living conditions, ultimately fostering their personal development.
Official website here: www.breakingground.net
Who is the CEO of Breaking Ground Inc?
Valarie Rand is the Principal Officer of Breaking Ground Inc.
Official website here: www.breakingground.net
What is the revenue of Breaking Ground Inc?
Who are the executives of Breaking Ground Inc and what are their salaries?
The average compensation at Breaking Ground Inc during 2022 was $60,955. There are 3 employees and 50 volunteers at Breaking Ground Inc.
Here are 6 key members and their salaries:
- Jeff Dennis (Executive Director)
- Valarie Rand Valarie Rand Valarie (President) [Trustee/Director]
- Ed Wristen (Treasure) [Trustee/Director]
- Edwin J Perry Sr (Director)
- Betty Sherrod (Director)
- Gerald Sherman (Director)
Official website here: www.breakingground.net
Where can I find the form 990 for Breaking Ground Inc?
The Breaking Ground Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.breakingground.net
Learn more at the official website: www.breakingground.net
Mission Statement of Breaking Ground Inc
Breaking Ground Inc, as a nonprofit organization, is dedicated to establishing, educating, and empowering families. Its mission is to provide them with the necessary economic and personal growth tools. This is achieved through the construction of affordable single-family homes. Additionally, Breaking Ground Inc supports the development of social enterprises and start-up construction companies, all led by local residents. This approach aims to foster self-sufficiency and personal growth within the communities it serves. The organization's programs extend beyond home construction, also involving the incubation of new construction companies, thereby creating opportunities for local residents.
Impact
This information is meant to be a general summary of Breaking Ground Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Breaking Ground Inc's impact can be seen in the positive transformation of families in Chicago, IL. By establishing, educating, and empowering these families, the organization provides them with the tools they need for economic stability and personal growth. Through the construction of affordable single-family homes and the incubation of social enterprises and start-up construction companies led by local residents, Breaking Ground contributes to the creation of self-sufficient and empowered communities. This results in a tangible improvement in the lives of individuals who may be vulnerable to gentrification, offering them the opportunity for sustainable housing, economic empowerment, and personal development.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM CONTRACTED SER
Revenue
$793,166
CONSTRUCTION FEES
Revenue
$28,171
HOUSING SALES
Revenue
$17,291
Organization Details
Founding Year
1992
Phone
(773) 265-1370
Principal Officer
Valarie Rand
Main Address
3501 WEST FILLMORE, CHICAGO, IL, 60624
Website
www.breakingground.net
NTEE Category
Code: P20Z - Human services
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