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Changinggears Inc

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

EIN: 450612130 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Changinggears Inc?

Changinggears Inc, based in Cincinnati, Ohio, is a nonprofit organization that focuses on empowering individuals striving for prosperity. They achieve this by offering affordable transportation solutions. The organization accepts donated vehicles in any condition and, after assessing their suitability for their programs, sells those unfit for use to the public. The revenue generated from these sales supports the nonprofit's primary services. Changinggears Inc operates with a dedicated team of eight employees, demonstrating its commitment to making a difference in people's lives.


Official website here: www.changing-gears.org

Is Changinggears Inc legitimate?

Changinggears Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Changinggears 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: $62,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $338,151

For more financial information, click here


Official website here: www.changing-gears.org

What is the mission statement of Changinggears Inc?

Changinggears Inc's mission is centered around empowering individuals striving for prosperity. They achieve this by providing affordable transportation solutions. This is accomplished through the repair and sale of donated vehicles that are unsuitable for their program services. These vehicles are sold to the public, and the revenue generated is utilized to support the organization's program services. In essence, Changinggears Inc is dedicated to enhancing the mobility and opportunities of people working towards a better life, through the provision of affordable transportation solutions.


Official website here: www.changing-gears.org

Who is the CEO of Changinggears Inc?

Joel Bokelman is the Director & Executive Direc of Changinggears Inc.


Official website here: www.changing-gears.org

What is the revenue of Changinggears Inc?

Changinggears Inc's revenue in 2022 was $769,671.


Official website here: www.changing-gears.org

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

The average compensation at Changinggears Inc during 2022 was $50,106. There are 8 employees and 10 volunteers at Changinggears Inc.

Here are 9 key members and their salaries:

    Joel Bokelman (Director & Executive Direc)
  • Compensation: $62,700
  • Related: $0
  • Other: $0

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

    • Jr Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Heinzman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Austin Musser (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Trauth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Whitmer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latasha Patrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.changing-gears.org

    Where can I find the form 990 for Changinggears Inc?

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


    Official website here: www.changing-gears.org

    Learn more at the official website: www.changing-gears.org

    Mission Statement of Changinggears Inc

    Changinggears Inc, a nonprofit organization, is committed to empowering individuals who are striving for prosperity by providing affordable transportation solutions. At the heart of its mission, Changinggears Inc aims to uplift these individuals by offering repair and sales services for donated vehicles. The organization accepts vehicles in any condition, and those that are not suitable for its program services are sold to the public. The revenue generated from these sales is then utilized to support the organization's primary objectives, ensuring a continuous cycle of aid. By providing affordable transportation, Changinggears Inc enables individuals to overcome various obstacles and move forward in their journey towards prosperity.

    Impact

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




    Saturday, July 20, 2024

    Changinggears Inc's impact is truly transformative. By providing affordable transportation solutions to individuals striving for prosperity, this organization is enabling them to access opportunities that were previously out of reach. Through their repair and sales activities for donated vehicles, Changinggears Inc not only helps individuals improve their mobility but also generates revenue to sustain and expand their program services. This model not only fosters a sense of independence and empowerment but also contributes to building stronger, more resilient communities.





    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: $-6,415
  • Program Service Revenue: $97,043
  • Gross Receipts: $1,168,711

    • Assets and Liabilities:
  • Total Assets: $560,050
  • Total Liabilities: $28,931
  • Net Assets: $531,119
  • Programs

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

    REBATES AND FEES

    Revenue

    $58,477

    CLIENT VEHICLE REPAIRS

    Revenue

    $38,566

    Organization Details

    Founding Year

    2011

    Principal Officer

    Joel Bokelman

    Main Address

    2015 CENTRAL AVENUE, CINCINNATI, OH, 45214

    NTEE Category

    Code: P80 - Human services

    If you are a representative of Changinggears 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.