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People Incorporated Financial Services Inc

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

EIN: 541989160 ✦ Abingdon, VA ✦ Designated as a 501(c)(3)

Overview

What is People Incorporated Financial Services Inc?

People Incorporated Financial Services Inc, based in Abingdon, Virginia, is a nonprofit organization with a mission to foster economic self-sufficiency and improve the lives of local citizens. They achieve this by supporting small business ownership, job creation, and asset development. The organization provides various services, including business and financial literacy training, individual technical assistance, and marketing support, to entrepreneurs and others within the region. Their primary activity involves offering small business development lending and training services to 58 entrepreneurs, empowering them to manage their businesses successfully.


Official website here: www.peopleinc.net

Is People Incorporated Financial Services Inc legitimate?

People Incorporated Financial Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. People Incorporated Financial Services 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: $746,782

For more financial information, click here


Official website here: www.peopleinc.net

What is the mission statement of People Incorporated Financial Services Inc?

People Incorporated Financial Services Inc aims to foster economic self-sufficiency and improve the quality of life for its community members. They accomplish this by encouraging small business ownership, job creation, and asset development. To support this objective, the organization offers business and financial literacy training, individual technical assistance, and marketing services to entrepreneurs and others in the region. By doing so, People Incorporated Financial Services Inc aims to empower individuals, contributing to a more prosperous and self-reliant community.


Official website here: www.peopleinc.net

Who is the CEO of People Incorporated Financial Services Inc?

Brian Phipps is the Director of People Incorporated Financial Services Inc. The CEO's salary of People Incorporated Financial Services Inc is $0 and their total compensation is $0.


Official website here: www.peopleinc.net

What is the revenue of People Incorporated Financial Services Inc?

People Incorporated Financial Services Inc's revenue in 2022 was $4,663,057.


Official website here: www.peopleinc.net

Who are the executives of People Incorporated Financial Services Inc and what are their salaries?

Here are 12 key members and their salaries (People Incorporated Financial Services Inc's CEO's salary is $0 and their total compensation is $0):

    Jan Selbo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mccracken (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlotte Mullins (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Combs Tuggle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alice Meade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blly Taylor (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Shortridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • William Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peggy Kiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Phipps (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Shrader (Vp Of Financ)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.peopleinc.net

    Where can I find the form 990 for People Incorporated Financial Services Inc?

    The People Incorporated Financial Services Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.peopleinc.net

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

    Mission Statement of People Incorporated Financial Services Inc

    People Incorporated Financial Services Inc is dedicated to enhancing the economic self-sufficiency and improving the quality of life for citizens in the region. To achieve this objective, the organization focuses on fostering small business ownership, creating jobs, and promoting asset development. In support of these goals, People Financial Services offers a range of resources to entrepreneurs and individuals across the region. These include business and financial literacy training, individual technical assistance, and marketing services. By providing these services, the organization aims to empower individuals and contribute to a more prosperous community.

    Impact

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




    Saturday, July 20, 2024

    People Incorporated Financial Services Inc's impact is substantial in promoting economic self-sufficiency and enhancing the quality of life for citizens in the region through small business ownership, job creation, and asset development. By providing business and financial literacy training, individual technical assistance, and marketing services to entrepreneurs and others throughout the region, this organization is empowering individuals to take control of their financial futures.

    In particular, People Incorporated Financial Services Inc has facilitated small business development lending and training services for 58 entrepreneurs, enabling them to successfully manage their own businesses. Through these efforts, the organization is contributing to the growth of local businesses, fostering job opportunities, and supporting the overall economic prosperity of the community. Their dedication to promoting entrepreneurship and financial education is driving positive change and improvement in the region.





    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: $194,407
  • Program Service Revenue: $0
  • Gross Receipts: $4,663,057

    • Assets and Liabilities:
  • Total Assets: $9,830,118
  • Total Liabilities: $2,360,936
  • Net Assets: $7,469,182
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Brian Phipps

    Main Address

    1173 WEST MAIN STREET, ABINGDON, VA, 24210

    NTEE Category

    Code: S22 - Community improvement

    If you are a representative of People Incorporated Financial Services 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.