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Salem Inc

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

EIN: 411782105 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Salem Inc?

Salem Inc is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 2507 Bryant Avenue N. Their main focus is on addressing the escalating gun violence in the Twin Cities area. They have initiated a community effort called "21 Days of Peace," which involves faith and community leaders patrolling high-risk areas to combat this issue. This strategy combines prayer, persistence, and a strong community presence to reclaim neighborhoods from violence. Additionally, Salem Inc is committed to contributing to the Twin Cities area by promoting decent housing and creating job opportunities within the construction industry. This dual mission aims to strengthen the community as a whole.


Is Salem Inc legitimate?

Salem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem 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: $35,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,267

For more financial information, click here


What is the mission statement of Salem Inc?
Who is the CEO of Salem Inc?
What is the revenue of Salem Inc?
Who are the executives of Salem Inc and what are their salaries?
Where can I find the form 990 for Salem Inc?

Mission Statement of Salem Inc

Salem Inc, a nonprofit organization, is dedicated to its mission of fostering opportunities and consumerism within the construction industry. At its core, Salem Inc is committed to making a significant impact in the Twin Cities area by constructing decent housing. This mission extends beyond just building homes; it aims to strengthen the community by creating employment opportunities.

In addition to its construction-focused mission, Salem Inc also takes an active role in addressing local issues. One such initiative is the 21 Days of Peace, an community-wide effort that brings together faith and community leaders. The goal of this outreach is to tackle the recent gun violence in the Twin Cities. By activating prayer, persistence, and the presence of the community, Salem Inc is working to reclaim neighborhoods from violence. This proactive approach demonstrates Salem Inc's commitment to not only building physical structures but also to improving the overall well-being of its community.

Impact

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




Wednesday, July 24, 2024

Salem Inc's impact lies in creating opportunities and consumerism through the construction industry in Minneapolis, MN. One notable initiative, "21 Days of Peace," involves community and faith leaders patrolling "hot spots" to address gun violence in the Twin Cities. This outreach program focuses on activating prayer, persistence, and community presence to reclaim neighborhoods from violence. Salem Inc is dedicated to building decent housing and generating employment opportunities to enhance the Twin Cities community, with a specific focus on the housing sector.





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: $0
  • Program Service Revenue: $407,407
  • Gross Receipts: $521,447

    • Assets and Liabilities:
  • Total Assets: $1,880,578
  • Total Liabilities: $1,149,649
  • Net Assets: $730,929
  • Programs

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

    21 Days of Peace

    Revenue

    $189,222

    Organization Details

    Founding Year

    2009

    Principal Officer

    Jerry Mcafee

    Main Address

    2507 Bryant Avenue N, Minneapolis, MN, 55411

    NTEE Category

    Code: L50 - Housing

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