nonprofit logo

H3 Collective

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

EIN: 841806230 ✦ Asheville, NC ✦ Designated as a 501(c)(3)

Overview

What is H3 Collective?

H3 Collective is a nonprofit organization situated in Asheville, North Carolina. With a modest workforce of two individuals, their mission is centered around improving the lives and long-term outcomes of children in foster care. As of December 31, 2022, they were actively engaged in constructing three houses specifically designed for professional foster parents. This initiative aims to provide supportive and suitable living environments for these individuals, thus contributing positively to the well-being of children in foster care.


Official website here: www.h3collective.org

Is H3 Collective legitimate?

H3 Collective is a legitimate nonprofit organization registered as a 501(c)(3) entity. H3 Collective 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: $143,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.h3collective.org

What is the mission statement of H3 Collective?

The mission of H3 Collective is centered around enhancing the lives and long-term outcomes of children in foster care. This organization is committed to this goal, working diligently to improve their well-being. As of December 31, 2022, H3 Collective was in the process of constructing three homes specifically for professional foster parents, furthering their efforts to provide a supportive environment for these children.


Official website here: www.h3collective.org

Who is the CEO of H3 Collective?

Adam Ponder is the Executive Di of H3 Collective.


Official website here: www.h3collective.org

What is the revenue of H3 Collective?

H3 Collective's revenue in 2022 was $1,116,768.


Official website here: www.h3collective.org

Who are the executives of H3 Collective and what are their salaries?

The average compensation at H3 Collective during 2022 was $71,666. There are 2 employees and 110 volunteers at H3 Collective.

Here are 12 key members and their salaries:

    Adam Ponder (Executive Di) [Trustee/Director]
  • Compensation: $83,333
  • Related: $0
  • Other: $0

    • Alex Williams (President) [Trustee/Director]
  • Compensation: $60,000
  • Related: $0
  • Other: $0

    • William Austin (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Courcelle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Richard Eley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Goodale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Dana Ponder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Peggy Terhune (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Warner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.h3collective.org

    Where can I find the form 990 for H3 Collective?

    The H3 Collective’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.h3collective.org

    Learn more at the official website: www.h3collective.org

    Mission Statement of H3 Collective

    H3 Collective, as revealed in the provided information, is a committed organization with a mission to enhance the lives and long-term outcomes of children in foster care. The primary goal of this nonprofit is to provide a supportive environment and improve the well-being of these children, ensuring they have a promising future. As of December 31, 2022, H3 Collective was actively working on constructing three homes specifically designed for professional foster parents to provide a nurturing and stable living environment for these children in need.

    Impact

    This information is meant to be a general summary of H3 Collective. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    H3 Collective is making a significant impact by improving the lives and long-term outcomes of children in foster care. They are dedicated to providing housing for foster care children and have taken concrete steps towards this goal by developing their first housing project. Their mission to support children in foster care is crucial in ensuring these vulnerable individuals have stability and opportunities 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 2022.

  • Investment Income: $0
  • Program Service Revenue: $78,896
  • Gross Receipts: $1,116,768

    • Assets and Liabilities:
  • Total Assets: $1,646,496
  • Total Liabilities: $389,210
  • Net Assets: $1,257,286
  • Programs

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

    FOSTER PARENT RECRUITING SERV

    Revenue

    $78,896

    Organization Details

    Founding Year

    2019

    Principal Officer

    Adam Ponder

    Main Address

    PO BOX 2870, ASHEVILLE, NC, 28802

    NTEE Category

    Code: P32 - Human services

    If you are a representative of H3 Collective 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.