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I58 Inc

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

EIN: 813858015 ✦ Chester, SC ✦ Designated as a 501(c)(3)

Overview

What is I58 Inc?

I58 Inc is a nonprofit organization situated in Chester, South Carolina. Their primary focus is on empowering low-to-moderate income individuals through various community revitalization initiatives. This includes providing housing solutions, enhancing neighborhood aesthetics, and offering family services. Additionally, they offer educational programs on home ownership and financial management to help these individuals sustain their homes in the long term. With a team of three dedicated employees, I58 Inc strives to improve the living conditions and financial stability of its community members.


Is I58 Inc legitimate?

I58 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. I58 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: $56,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,000

For more financial information, click here


What is the mission statement of I58 Inc?
Who is the CEO of I58 Inc?
What is the revenue of I58 Inc?
Who are the executives of I58 Inc and what are their salaries?
Where can I find the form 990 for I58 Inc?

Mission Statement of I58 Inc

I58 Inc, as a nonprofit organization, is committed to empowering low to moderate income individuals through community revitalization initiatives. This encompasses various projects such as housing, neighborhood beautification, and family services. The primary mission of I58 Inc is to uplift these individuals by constructing homes, improving energy efficiency in existing homes, and rehabilitating qualifying homes for low to moderate income individuals.

Beyond physical improvements, I58 Inc also focuses on educating individuals about home ownership, finances, and other important life skills. This holistic approach aims to equip these individuals with the necessary tools to maintain their homes and continue living independently. By providing these services, I58 Inc contributes to the revitalization of communities, improving the living conditions and overall quality of life for its beneficiaries.

Impact

This information is meant to be a general summary of I58 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

I58 Inc's impact can be seen in its efforts to empower low to moderate-income individuals through community revitalization initiatives in Chester, SC. By building houses, insulating and making existing homes more energy-efficient, and rehabilitating qualifying homes, I58 Inc is actively improving living conditions for individuals in need. Additionally, the organization provides education on homeownership, finances, and other life skills, equipping individuals with the tools they need to thrive and continue living in their homes. Through its housing and community services, I58 Inc is making a tangible difference in the lives of those it serves, fostering a stronger, more sustainable community.





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: $795,025
  • Gross Receipts: $1,028,547

    • Assets and Liabilities:
  • Total Assets: $348,889
  • Total Liabilities: $100,679
  • Net Assets: $248,210
  • Programs

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

    HOUSING AND REHAB OF HO

    Revenue

    $795,025

    Organization Details

    Founding Year

    2017

    Principal Officer

    Kevin Taylor

    Main Address

    1841 JA COCHRAN BYPASS STE H, CHESTER, SC, 29706

    NTEE Category

    Code: L40 - Housing

    If you are a representative of I58 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.