Overview
What is 501 Commons?
501 Commons, based in Seattle, Washington, serves as a program administrator for the Washington Opportunity Scholarship (WSOS). Their mission is to empower nonprofit organizations by acting as experts, innovators, and partners, aiming to amplify their strengths and ultimately contribute to the flourishing of communities. Specifically, 501 Commons oversees WSOS, an initiative that eliminates educational barriers for Washington State students, particularly those from underrepresented backgrounds, including students of color, women, and first-generation scholars. WSOS offers financial assistance, career training, and mentorship services to prepare these students for high-demand careers in STEM, healthcare, and trade, addressing the state's workforce shortages. As of the provided information, 501 Commons employs 97 individuals.
Official website here: www.501commons.org
Is 501 Commons legitimate?
501 Commons is a legitimate nonprofit organization registered as a 501(c)(3) entity. 501 Commons 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: $189,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,488,355
For more financial information, click here
Official website here: www.501commons.org
What is the mission statement of 501 Commons?
501 Commons, as an organization, is committed to supporting the growth and success of nonprofits. Their mission is to amplify the strengths of these organizations, acting as experts, innovators, and partners. By doing so, they aim to contribute to the flourishing of people and communities across the board. Their passion lies in eliminating barriers and enhancing the impact of nonprofits, ultimately leading to a positive societal impact. As a program administrator for the Washington Opportunity Scholarship, 501 Commons helps students from underrepresented backgrounds pursue high-demand careers in Washington State, providing financial assistance, career training, and mentorship services.
Official website here: www.501commons.org
Who is the CEO of 501 Commons?
What is the revenue of 501 Commons?
Who are the executives of 501 Commons and what are their salaries?
The average compensation at 501 Commons during 2022 was $37,914. There are 97 employees and 78 volunteers at 501 Commons.
Here are 13 key members and their salaries:
- Nancy Long (Executive Director)
- Kimber Conners (Wsos Executive Dir)
- Richard Starnes (Board President) [Trustee/Director]
- Alicia Yamamoto (Board Vice-President) [Trustee/Director]
- Chris Miller (Board Treasurer) [Trustee/Director]
- Frank Hagel (Board Secretary) [Trustee/Director]
- Greg Dietzel (Board Member) [Trustee/Director]
- Rita Ryder (Board Member) [Trustee/Director]
- Ivan Lee (Board Member) [Trustee/Director]
- Sally Anderson (Board Member) [Trustee/Director]
- Jim Yearby (Board Member) [Trustee/Director]
- Marc Garcia (Board Member) [Trustee/Director]
- Chris Mcclincy Resigned 723 (Board Member) [Trustee/Director]
Official website here: www.501commons.org
Where can I find the form 990 for 501 Commons?
The 501 Commons’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.501commons.org
Learn more at the official website: www.501commons.org
Mission Statement of 501 Commons
501 Commons, as a nonprofit organization, is committed to the belief that the prosperity of communities is directly linked to the success of nonprofits. Acting as experts, innovators, and partners, their mission is to amplify the strengths of these organizations. Their passion lies in fostering an environment where nonprofits can thrive, thereby contributing to the flourishing of people and communities at large. By serving as the program administrator for the Washington Opportunity Scholarship, 501 Commons is actively working towards removing barriers to education and helping Washington state students pursue high-demand careers in fields such as STEM, healthcare, and trade. Through this scholarship program, Opportunity Scholars receive financial assistance, career training, and mentorship services, uniquely positioning them to meet the state's workforce shortages. With 70% of participants being scholars of color, 57% being women or nonbinary, and 67% being first-generation scholars, 501 Commons is making a significant impact in diversifying the workforce and ensuring that underrepresented individuals have the opportunity to succeed.
Impact
This information is meant to be a general summary of 501 Commons. Please take the time to review official sources before making any decisions based upon the content provided here.
Sunday, July 21, 2024
501 Commons has a significant impact on the community by serving as the program administrator for the Washington Opportunity Scholarship (WSOS). WSOS removes barriers to education and helps Washington students forge their path to high-demand STEM, health care, and trade careers in the state. Opportunity Scholars receive financial assistance, career training, and mentorship services that uniquely position them to meet Washington's workforce shortages. Notably, 70% of participants are scholars of color, 57% are women or nonbinary, and 67% are first-generation scholars. This work directly contributes to the flourishing of all people and communities in Washington State.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORT SERVICES
Revenue
$2,826,164
OTHER PROGRAM REVENUE
Revenue
$295,132
Organization Details
Founding Year
1989
Phone
(206) 682-6704
Principal Officer
Nancy Long
Main Address
1200 12TH AVE S 1101, SEATTLE, WA, 98144
Website
www.501commons.org
NTEE Category
Code: S50Z - Community improvement
If you are a representative of 501 Commons 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.