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Union Capital Boston Inc

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

EIN: 471136081 ✦ Boston, MA ✦ Designated as a 501(c)(3)

Overview

What is Union Capital Boston Inc?

Union Capital Boston Inc is a nonprofit organization situated in Boston, Massachusetts. With a team of seven dedicated individuals, their primary mission is to aid individuals, families, and communities in their fight against poverty. They have developed a unique mobile-based loyalty program, specifically tailored for low-income families. This program offers both social and financial service rewards, aiming to uplift and support these families. During the year ending June 30, 2023, Union Capital Boston Inc provided program rewards totaling $169,458, contributing to the civic and social engagement of approximately 2,600 members.


Official website here: www.unioncapitalboston.org

Is Union Capital Boston Inc legitimate?

Union Capital Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Capital Boston 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $432,812

For more financial information, click here


Official website here: www.unioncapitalboston.org

What is the mission statement of Union Capital Boston Inc?

Union Capital Boston Inc's mission is centered around assisting individuals, families, and communities in their endeavors to overcome poverty. The organization aims to develop a mobile-based loyalty program specifically for low-income families. This program offers rewards that encompass both social and financial services, serving as an incentive for civic and social engagement. During the year ending June 30, 2023, this initiative provided program rewards totaling $169,458, supporting the engagement of approximately 2,600 members.


Official website here: www.unioncapitalboston.org

Who is the CEO of Union Capital Boston Inc?

Michael Perez is the Treasurer of Union Capital Boston Inc.


Official website here: www.unioncapitalboston.org

What is the revenue of Union Capital Boston Inc?

Union Capital Boston Inc's revenue in 2023 was $1,181,897.


Official website here: www.unioncapitalboston.org

Who are the executives of Union Capital Boston Inc and what are their salaries?

The average compensation at Union Capital Boston Inc during 2023 was $61,830. There are 7 employees at Union Capital Boston Inc.

Here are 12 key members and their salaries:

    Michael Perez (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Alvarez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Varon (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Nikki Barnes (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trayce B Booth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheena Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claudia Osorio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles B Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Hale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Nevin (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Tariana Little (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.unioncapitalboston.org

    Where can I find the form 990 for Union Capital Boston Inc?

    The Union Capital Boston Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.unioncapitalboston.org

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

    Mission Statement of Union Capital Boston Inc

    Union Capital Boston Inc, as a nonprofit organization, is committed to assisting individuals, families, and communities in their endeavors to overcome poverty. One of its primary objectives is to establish a mobile-based loyalty program tailored for low-income families. This program aims to provide both social and financial service rewards. By offering such incentives, Union Capital Boston Inc aims to encourage civic and social engagement among its approximately 2,600 members, as demonstrated through the distribution of program rewards totaling $169,458 during the year ending June 30, 2023.

    Impact

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




    Saturday, July 20, 2024

    Union Capital Boston Inc's impact is evident in the $169,458 in program rewards provided to support and promote the civic and social engagement of approximately 2,600 members. By assisting individuals, families, and communities in overcoming poverty and creating a mobile-based loyalty program for low-income families, Union Capital Boston Inc is actively working towards enhancing social and financial well-being in the Boston area. Its focus on human services underscores its commitment to addressing the needs of vulnerable populations and empowering them to strive for a better future.





    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 2023.

  • Investment Income: $0
  • Program Service Revenue: $237,972
  • Gross Receipts: $1,181,897

    • Assets and Liabilities:
  • Total Assets: $626,683
  • Total Liabilities: $8,591
  • Net Assets: $618,092
  • Programs

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

    PROGRAM SERVICE FEES

    Revenue

    $237,972

    Organization Details

    Founding Year

    2014

    Principal Officer

    Michael Perez

    Main Address

    1544 COLUMBUS AVENUE, BOSTON, MA, 02119

    NTEE Category

    Code: P40 - Human services

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