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Fivecap Inc

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

EIN: 381814318 ✦ Scottville, MI ✦ Designated as a 501(c)(3)

Overview

What is Fivecap Inc?

Fivecap Inc is a nonprofit organization situated in Scottsville, Michigan. Established under the Economic Opportunity Act of 1964, its mission is to empower low-income families and individuals, regardless of age, in rural areas, enabling them to become self-sufficient. One of their primary activities involves providing Head Start and Early Head Start services in Lake County, Manistee County, Mason County, and Newaygo County. These programs aim to enhance the school readiness of low-income preschool children (ages 3 to 5) by fostering cognitive, social, and emotional development in a supportive learning environment. The children's growth in areas such as language, literacy, mathematics, science, social and emotional functioning, creative art, physical skills, and approaches to learning is promoted. Additionally, parents benefit from social services and participate in decision-making processes related to the program operation. Fivecap Inc employs 98 individuals, underscoring its commitment to serving its community.


Official website here: www.fivecap.org

Is Fivecap Inc legitimate?

Fivecap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fivecap 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: $281,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,593,570

For more financial information, click here


Official website here: www.fivecap.org

What is the mission statement of Fivecap Inc?

Fivecap Inc's mission is centered around empowering low-income families and individuals of all ages in rural areas to achieve self-sufficiency. Established under Title II of the Economic Opportunity Act of 1964, the agency utilizes all available state, federal, and private resources to enable these individuals to secure the necessary opportunities for self-sufficiency. The organization's programs are designed to focus on this objective, aiming to make a significant impact in the lives of those in need.


Official website here: www.fivecap.org

Who is the CEO of Fivecap Inc?

Mary L Trucks is the Executive Director of Fivecap Inc.


Official website here: www.fivecap.org

What is the revenue of Fivecap Inc?

Fivecap Inc's revenue in 2022 was $4,513,370.


Official website here: www.fivecap.org

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

The average compensation at Fivecap Inc during 2022 was $19,138. There are 98 employees and 300 volunteers at Fivecap Inc.

Here are 18 key members and their salaries:

    Mary L Trucks (Executive Director)
  • Compensation: $177,088
  • Related: $0
  • Other: $17,345

    • Phillip Andres (Chief Financial Officer)
  • Compensation: $78,844
  • Related: $0
  • Other: $7,654

    • Anita Brown (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Henry (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Romayne Hollis-Raines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy North (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vedra Gant (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Dermyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Biers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Cousar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Koons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corey Van Fleet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emma Dubois (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.fivecap.org

    Where can I find the form 990 for Fivecap Inc?

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


    Official website here: www.fivecap.org

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

    Mission Statement of Fivecap Inc

    Fivecap Inc, established under Title II of the Economic Opportunity Act of 1964, has a mission to empower low-income families and individuals of all ages in rural areas. The agency's purpose is to harness all available state, federal, and private resources to help these individuals attain and secure the opportunities necessary for them to become self-sufficient. Fivecap Inc's programs are designed with this objective in mind, focusing on enabling rural low-income families and individuals to achieve self-sufficiency.

    Impact

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




    Saturday, July 20, 2024

    Fivecap Inc's impact lies in its mission to enable low-income families and individuals in rural areas to attain self-sufficiency. Through its provision of Head Start and Early Head Start services in multiple counties, Fivecap Inc is actively promoting the school readiness of low-income preschool children. These services enhance cognitive, social, and emotional development in children while also providing support for parents through social services and involvement in decision-making processes. By focusing on empowering individuals and families to secure opportunities for self-sufficiency, Fivecap Inc plays a vital role in creating a more equitable and sustainable future for those in need.





    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: $182
  • Program Service Revenue: $54,684
  • Gross Receipts: $4,519,161

    • Assets and Liabilities:
  • Total Assets: $2,347,732
  • Total Liabilities: $1,112,104
  • Net Assets: $1,235,628
  • Programs

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

    LAKE COUNTY COALITION

    Revenue

    $3,467

    FAMILY SERVICE CENTER

    Revenue

    $15,516

    HISTORIC IDLEWOOD CULTURAL CENTER

    Revenue

    $9,452

    IMAGINATION LIBRARY (DOLLYWOOD FDN)

    Revenue

    $23,825

    MPCA/MHEF COVID VACCINE GRANT

    Revenue

    $2,349

    Organization Details

    Founding Year

    1965

    Principal Officer

    Mary L Trucks

    Main Address

    PO BOX 37, SCOTTVILLE, MI, 494540037

    NTEE Category

    Code: P20Z - Human services

    If you are a representative of Fivecap 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.