Sherman Phoenix Foundation

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

EIN: 854125394 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is Sherman Phoenix Foundation?

The Sherman Phoenix Foundation is a nonprofit organization dedicated to fostering inclusive and equitable economic environments for communities of color. They achieve this by advocating for and supporting various initiatives such as entrepreneurship, wellness, workplace inclusion, and economic empowerment. Their goal is to help small businesses thrive, encouraging their success within these communities.


Official website here: www.shermanphoenix.com/foundation

Is Sherman Phoenix Foundation legitimate?

Sherman Phoenix Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sherman Phoenix Foundation 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: $95,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,353

For more financial information, click here


Official website here: www.shermanphoenix.com/foundation

What is the mission statement of Sherman Phoenix Foundation?

The Sherman Phoenix Foundation aims to establish inclusive and just economies within communities of color. They achieve this goal by implementing strategies that foster entrepreneurship, promote wellness, encourage workplace inclusivity, and strengthen economic empowerment. The organization's efforts are primarily focused on supporting small businesses and business success within these communities.


Official website here: www.shermanphoenix.com/foundation

Who is the CEO of Sherman Phoenix Foundation?

Ron Adams is the President of Sherman Phoenix Foundation.


Official website here: www.shermanphoenix.com/foundation

What is the revenue of Sherman Phoenix Foundation?

Sherman Phoenix Foundation's revenue in 2022 was $668,697.


Official website here: www.shermanphoenix.com/foundation

Who are the executives of Sherman Phoenix Foundation and what are their salaries?

The average compensation at Sherman Phoenix Foundation during 2022 was $97,961. There are 1 employees at Sherman Phoenix Foundation.

Here are 16 key members and their salaries:

    Stacia Thompson (Executive Director)
  • Compensation: $95,608
  • Related: $0
  • Other: $0

    • Ron Adams (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kaycee Frost (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenge Adams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oren Burks (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reginald Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Bly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramel Bly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jocelyn Burks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Cobb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Frost (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leana Nakielski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Sabir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maanaan Sabir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adija Greer Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.shermanphoenix.com/foundation

    Where can I find the form 990 for Sherman Phoenix Foundation?

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


    Official website here: www.shermanphoenix.com/foundation

    Learn more at the official website: www.shermanphoenix.com/foundation

    Mission Statement of Sherman Phoenix Foundation

    The Sherman Phoenix Foundation is dedicated to fostering inclusive and fair economic environments for communities of color. They achieve this goal by implementing strategies that nurture entrepreneurship, promote wellness, encourage workplace inclusivity, and empower economic growth. This nonprofit organization's primary mission is to create economically just societies for people of color, leveraging various approaches to support these communities. By focusing on entrepreneurship, the foundation aims to bolster small businesses and ensure their success, thereby contributing to the overall economic development of the communities they serve.

    Impact

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




    Wednesday, July 24, 2024

    Sherman Phoenix Foundation's impact lies in building inclusive and just economies for communities of color by supporting entrepreneurship, wellness, workplace inclusion, and economic empowerment in Milwaukee, WI. Their focus on entrepreneurship and small business success is making a significant difference in the lives of many individuals within these communities, fostering economic growth and empowerment.





    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: $81
  • Program Service Revenue: $23,931
  • Gross Receipts: $668,697

    • Assets and Liabilities:
  • Total Assets: $291,010
  • Total Liabilities: $10,004
  • Net Assets: $281,006
  • Programs

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

    SPACE RENTALS

    Revenue

    $21,084

    MERCHANDISE SALES

    Revenue

    $2,421

    PROGRAM FEES

    Revenue

    $426

    Organization Details

    Founding Year

    2020

    Principal Officer

    Ron Adams

    Main Address

    3536 W FOND DU LAC AVENUE, MILWAUKEE, WI, 53216

    NTEE Category

    Code: P20 - Human services

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