Circulate Initiative Inc

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

EIN: 834505154 ✦ Iselin, NJ ✦ Designated as a 501(c)(3)

Overview

What is Circulate Initiative Inc?

Circulate Initiative Inc, based in Iselin, New Jersey, is a nonprofit organization that actively promotes and supports businesses and entrepreneurs in emerging countries to participate in the circular economy, particularly in South and South East Asia. Their mission is multifaceted, aiming to reduce ocean plastic pollution, combat environmental degradation, and create economic value for marginalized local communities. They achieve this by implementing three core strategies: Incubation and Technical Assistance, Impact Measurement and Knowledge Management, and Amplification and Awareness Building. Through these strategies, they work to reduce the amount of plastic entering the environment, improve the social and environmental impacts of their efforts, and raise awareness of their work.


Official website here: www.thecirculateinitiative.org

Is Circulate Initiative Inc legitimate?

Circulate Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circulate Initiative 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: $202,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thecirculateinitiative.org

What is the mission statement of Circulate Initiative Inc?

The mission of Circulate Initiative Inc is to address the issue of ocean plastic pollution and related environmental degradation, primarily in South and South East Asia. This is achieved through three key strategies: incubation and technical assistance, impact measurement and knowledge management, and amplification and awareness building. These strategies aim to reduce the amount of plastic entering the environment, create economic value for marginalized local communities, and contribute to social and environmental impacts. The organization's efforts are focused on combating environmental deterioration and promoting a cleaner, more sustainable future.


Official website here: www.thecirculateinitiative.org

Who is the CEO of Circulate Initiative Inc?

Michael Sadowski is the Board Member of Circulate Initiative Inc.


Official website here: www.thecirculateinitiative.org

What is the revenue of Circulate Initiative Inc?

Circulate Initiative Inc's revenue in 2022 was $4,096,428.


Official website here: www.thecirculateinitiative.org

Who are the executives of Circulate Initiative Inc and what are their salaries?

Here are 5 key members and their salaries:

    Khunapong Khunaraksa (Director Of Operations And Strategy)
  • Compensation: $131,369
  • Related: $0
  • Other: $3,296

    • Michael Sadowski (Executive Director And Board Member)
  • Compensation: $91,950
  • Related: $0
  • Other: $0

    • Robert Kaplan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeep Kline (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ariel Muller (Board Member/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thecirculateinitiative.org

    Where can I find the form 990 for Circulate Initiative Inc?

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


    Official website here: www.thecirculateinitiative.org

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

    Mission Statement of Circulate Initiative Inc

    Circulate Initiative Inc, a non-profit organization, is on a mission to combat environmental deterioration and reduce ocean plastic pollution in South and South East Asia. Through its strategic approach, the organization aims to curb the amount of plastic entering the environment while creating economic value for marginalized local communities.

    To achieve this, Circulate Initiative Inc employs three core strategies: incubation and technical assistance, impact measurement and knowledge management, and amplification and awareness building. The incubation and technical assistance strategy involves supporting local initiatives that aim to reduce plastic waste and improve recycling infrastructure. The impact measurement and knowledge management strategy focuses on tracking the success of these initiatives, gathering data, and sharing best practices to inform future efforts. Lastly, the amplification and awareness building strategy aims to raise awareness about the importance of reducing plastic waste and the social and environmental benefits of such initiatives.

    In essence, Circulate Initiative Inc is a driving force in the fight against ocean plastic pollution and environmental degradation in South and South East Asia, working to create a more sustainable future for both the environment and marginalized communities.

    Impact

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




    Tuesday, June 18, 2024

    Circulate Initiative Inc is making a significant impact by targeting the reduction of ocean plastics and related environmental pollution, particularly in South and South East Asia. Through its core strategies of incubation and technical assistance, impact measurement and knowledge management, as well as amplification and awareness building, Circulate Initiative is actively working to reduce the amount of plastic entering the environment and creating economic value for marginalized local communities. By encouraging businesses and entrepreneurs to be involved in the circular economy in emerging countries, the organization is contributing towards a cleaner, more sustainable environment.





    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: $5,648
  • Program Service Revenue: $0
  • Gross Receipts: $4,099,098

    • Assets and Liabilities:
  • Total Assets: $2,645,356
  • Total Liabilities: $201,186
  • Net Assets: $2,444,170
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Michael Sadowski

    Main Address

    EISNER ADVISORY GR 111 WOOD AVE S, ISELIN, NJ, 08830

    NTEE Category

    Code: C01 - Environment

    If you are a representative of Circulate Initiative 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.