Equaspace

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

EIN: 842176692 ✦ St paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Equaspace?

Equaspace is a nonprofit organization situated in St. Paul, Minnesota. Their primary mission is to support charitable organizations by offering them co-located, high-functioning work spaces at below market rates. This shared environment also provides access to shared resources, fostering collaborative opportunities for 501(c)3 entities. Equaspace additionally offers training and educational services to further empower these non-profit organizations, enabling them to flourish, innovate, and connect within their community. The organization operates with a single employee, showcasing its commitment to its noble cause.


Official website here: www.equaspace.org

Is Equaspace legitimate?

Equaspace is a legitimate nonprofit organization registered as a 501(c)(3) entity. Equaspace 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: $141,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,153

For more financial information, click here


Official website here: www.equaspace.org

What is the mission statement of Equaspace?

Equaspace's mission is centered around providing equitable and co-located workspace at reduced rates for charitable non-profit organizations. By doing so, the platform aims to facilitate their growth, creativity, and connection. To achieve this, Equaspace offers training and educational services to enhance the capabilities of these non-profit entities. To inform the design and usage of the space, Equaspace formed a design council with representatives from various organizations. Additionally, Equaspace explored the opportunity to establish a non-profit center that could accommodate around 30-40 small to medium-sized non-profit organizations.


Official website here: www.equaspace.org

Who is the CEO of Equaspace?

Sarah Clyne is the Founder And Board Chair of Equaspace.


Official website here: www.equaspace.org

What is the revenue of Equaspace?

Equaspace's revenue in 2022 was $1,277,672.


Official website here: www.equaspace.org

Who are the executives of Equaspace and what are their salaries?

The average compensation at Equaspace during 2022 was $147,692. There are 1 employees and 5 volunteers at Equaspace.

Here are 6 key members and their salaries:

    Sarah Clyne (Executive Director)
  • Compensation: $141,539
  • Related: $0
  • Other: $0

    • Susan Kelly (Founder And Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Lattin (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Ireland (Secretary And Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Logan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Imee Cambronero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.equaspace.org

    Where can I find the form 990 for Equaspace?

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


    Official website here: www.equaspace.org

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

    Mission Statement of Equaspace

    Equaspace, a platform dedicated to 501(c)3 organizations, aims to provide an equitable and co-located workspace at reduced rental costs for charitable non-profits. Their mission is twofold: firstly, to offer these organizations a conducive environment for collaboration and shared resources, thereby enabling them to thrive and connect. Secondly, Equaspace offers training and educational services to these non-profits, empowering them with the necessary tools to create and sustain their operations effectively. By doing so, Equaspace aims to contribute to the success and growth of these charitable entities.

    Impact

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




    Saturday, July 20, 2024

    Equaspace's impact can be seen in the way it supports nonprofit organizations by providing them with high-quality, affordable workspaces and resources. By offering these services, Equaspace helps foster collaboration among nonprofits and provides them with the necessary tools to succeed in their missions. This support ultimately strengthens the nonprofit sector and allows organizations to better serve their communities.





    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: $132
  • Program Service Revenue: $0
  • Gross Receipts: $1,277,672

    • Assets and Liabilities:
  • Total Assets: $456,428
  • Total Liabilities: $36,177
  • Net Assets: $420,251
  • Organization Details

    Founding Year

    2019

    Principal Officer

    Sarah Clyne

    Main Address

    PO BOX 4458, ST PAUL, MN, 55104

    NTEE Category

    Code: T50 - Philanthropy

    If you are a representative of Equaspace 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.