nonprofit logo

Impact Change

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

EIN: 453620353 ✦ Rock hill, SC ✦ Designated as a 501(c)(3)

Overview

What is Impact Change?

Impact Change is a dedicated nonprofit organization based in Rock Hill, South Carolina (SC), specifically at 1227 Saluda Street. Their primary mission revolves around promoting economic and community development, with a significant focus on assisting lower-income families in the Char-Meck, NC, and Rock Hill, SC communities. Impact Change achieves this goal by providing affordable housing options, as well as aiding families in need by offering essentials such as clothing and groceries. Over the past three years, they have been actively reinvesting their resources to improve and rehabilitate residential properties, with a recent project, Woodland Park, consisting of 67 single-family houses in Rock Hill.


Official website here: www.cogum.net

Is Impact Change legitimate?

Impact Change is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Change 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: $5,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,596

For more financial information, click here


Official website here: www.cogum.net

What is the mission statement of Impact Change?

Impact Change, as an organization, is committed to serving lower-income families by providing them with affordable housing options. In addition to this, the organization extends its support to these families by assisting them with their basic needs such as clothing and groceries. The organization's mission is primarily focused on economic and community development, aiming to stabilize communities. Over the past three years, Impact Change has reinvested its earnings to renovate 62 homes, demonstrating its dedication to this cause.


Official website here: www.cogum.net

Who is the CEO of Impact Change?

Vincent James is the President of Impact Change.


Official website here: www.cogum.net

What is the revenue of Impact Change?

Impact Change's revenue in 2022 was $969,301.


Official website here: www.cogum.net

Who are the executives of Impact Change and what are their salaries?

The average compensation at Impact Change during 2022 was $20,173. There are 2 employees at Impact Change.

Here are 4 key members and their salaries:

    Vincent James (President) [Trustee/Director]
  • Compensation: $5,750
  • Related: $0
  • Other: $0

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

    • Vincent James Ii (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Delores Morales (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cogum.net

    Where can I find the form 990 for Impact Change?

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


    Official website here: www.cogum.net

    Learn more at the official website: www.cogum.net

    Mission Statement of Impact Change

    Impact Change, a nonprofit organization, is primarily dedicated to providing affordable housing solutions for lower-income families. Beyond housing, this organization also extends its support to the communities it serves by addressing their basic needs, such as clothing and groceries. The organization's mission is to contribute to economic and community development and stabilization, aiming to improve the living conditions of its beneficiaries. Over the past three years, Impact Change has demonstrated its commitment to this cause by reinvesting its earnings to rehabilitate homes in the communities of Char-Meck, North Carolina, and Rock Hill, South Carolina. The organization's current project, Woodland Park, is a residential development in Rock Hill, South Carolina, consisting of 67 single-family units located near the city center.

    Impact

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




    Saturday, July 20, 2024

    Impact Change's impact can be seen in the tangible improvements made to the communities of Char-Meck in North Carolina and Rock Hill in South Carolina. By providing affordable housing to lower-income families and supporting impoverished families with clothing and groceries, Impact Change is directly addressing the economic and community development needs of these areas. The Woodland Park project in Rock Hill, consisting of 67 single-family residential units near downtown, is a testament to Impact Change's commitment to community stabilization and growth. With a track record of rehabilitating 62 homes in the past 36 months, Impact Change is making a real difference in the lives of those in need in the Carolinas.





    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: $26
  • Program Service Revenue: $0
  • Gross Receipts: $969,301

    • Assets and Liabilities:
  • Total Assets: $5,582,897
  • Total Liabilities: $4,506,189
  • Net Assets: $1,076,708
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Vincent James

    Main Address

    1227 Saluda Street, Rock Hill, SC, 29730

    NTEE Category

    Code: K30 - Food

    If you are a representative of Impact Change 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.