Village Empowerment Inc is located in Lowell, MA. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Empowerment Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Village Empowerment Inc generated $699.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.2% each year . All expenses for the organization totaled $627.8k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
VILLAGE EMPOWERMENT'S MISSION IS IMPLEMENTATION OF VARIOUS TECHNOLOGIES AND PROVIDE SUSTAINABLE SOLUTIONS ACROSS THE GLOBE THAT BREAK THE CYCLE OF POVERTY AND EMBRACE THE RESOUCES, ECONOMY, AND CULTURE PRESENT IN THE COMMUNITY AND MEET THE ENERGY, WATER, FOOD, LIGHT AND OTHER NEEDS OF PEOPLE IN COMMUNITIES GLOBALLY. (HEREIN VILLAGE EMPOWERMENT INC REFERRED TO AS 'VE')
Describe the Organization's Program Activity:
Part 3 - Line 4a
G7H PROGRAM SERVICE ACCOMPLISHMENTS: SUSTAINABLE DEVELOPMENT OF THE COUNTRY(IES) AS A FOCAL POINT. THE PROGRAM DESIGN IS ALSO AIMED AT BUILDING KEY ECOSYSTEM PARTNERSHIPS THAT CHAMPION THE CONCEPT OF SUSTAINABILITY AND ENERGY ACCESS VIA AN ECOSYSTEM APPROACH ACROSS THE LIVELIHOOD AND HEALTH SECTORS. IT ALSO RESULTED IN THE CONVERSION OF PROGRAM DESIGNS INTO INTERVENTIONS ON THE GROUND.WE HAVE COLLABORATED WITH 3 LOCAL ORGANIZATIONS IN TANZANIA, ETHIOPIA, AND SIERRA LEONE AS OUR CORE PROGRAM IMPLEMENTING PARTNERS. TOGETHER, WE ARE DEDICATED TO ESTABLISHING A STRONG DECENTRALIZED RENEWABLE ENERGY (DRE) ECOSYSTEM IN THESE COUNTRIES.THE 2 CORE PARTNERS OF THE G7H PROGRAM, WE HAVE COLLABORATED ON THE FOLLOWING INITIATIVES:LIVELIHOOD INNOVATION UNDER G7H: IDENTIFYING INNOVATION-FOCUSED STAKEHOLDERS, CO-DESIGNING DRE LIVELIHOOD PROGRAMS, AND IMPLEMENTING NEED-BASED DRE SOLUTIONS FOR LIVELIHOOD ENHANCEMENT AND LEARNINGS WILL BE CAPTURED FOR REPLICATION OF THE MODELS WITH VARIOUS STAKEHOLDERS. GLOBAL SDG7 HUBS (G7H) HAVE INITIATED WORK WITH FINANCIAL INSTITUTIONS TO BUILD END-USER FINANCIAL MECHANISMS FOR DRE LIVELIHOOD SOLUTIONS IN TANZANIA, ETHIOPIA, RWANDA AND UGANDA. ETHIOPIA: PARTNERED WITH 4 LIVELIHOOD ECOSYSTEM PARTNERS AND IMPLEMENTED 10 SOLUTIONS IN THE DAIRY, POULTRY, AND MICRO BUSINESS SECTORS IMPACTING 50+ INDIVIDUALS SIERRA LEONE: PARTNERED WITH 2 LIVELIHOOD ECOSYSTEM PARTNERS AND IMPLEMENTED 3 SOLUTIONS IN THE FISHERIES SECTOR IMPACTING 15 INDIVIDUALS. TANZANIA: PROVIDE PROGRAM LEVEL AND TECHNICAL KNOWLEDGE AND SUPPORTED ONE GRASSROOTS ORGANIZATION IN THE IMPLEMENTATION OF 10+ SOLUTIONS IMPACTING 50+ INDIVIDUALS HEALTH ENERGY NEXUS PROGRAM UNDER G7H: HEALTH ENERGY PROGRAMS FOR PARTNERING WITH STAKEHOLDERS TO BUILD RESILIENT HEALTHCARE FACILITIES FOR IMPROVING THE HEALTHCARE OUTCOMES AND LEARNINGS WILL BE CAPTURED FOR REPLICATION OF THE MODELS WITH VARIOUS STAKEHOLDERS. ETHIOPIA: PARTNERED WITH THE HEALTH ENERGY MINISTRY AND INITIATED THE HEALTH ENERGY STUDY FOR PROGRAM DESIGN SIERRA LEONE: PARTNERED WITH THE HEALTH ENERGY MINISTRY AND IMPLEMENTED 10 SOLAR-POWERED 10 MCHP - MATERNAL AND CHILD HEALTH POSTS IMPACTING 50,000 INDIVIDUALS AND 50 + HEALTH STAFF. LEARNINGS ARE CAPTURED FOR PROGRAM DESIGNINCUBATION PROGRAM UNDER G7H: FOR CLEAN ENERGY ENTERPRISE AND PRODUCTIVE USE ENTERPRISE SIDE STRENGTHENING - ESTABLISH AN INCUBATION PROGRAM DEDICATED TO NURTURING LOCAL CLEAN ENERGY AND PRODUCTIVE-USE TECHNOLOGY ENTERPRISES. THIS INCUBATION PROGRAM WILL FOCUS ON PROVIDING VARIOUS SUPPORT NEEDED FOR CLEAN ENERGY ENTERPRISES TO ENHANCE THEIR CAPACITY AND ACCELERATE THEIR DEVELOPMENT TO CONTRIBUTE TO THE OFF-GRID SECTOR. WORKED WITH 3 INCUBATION TEAMS FROM TANZANIA, SIERRA LEONE, AND ETHIOPIA AND PROVIDED THEM WITH RELEVANT KNOWLEDGE AND SUPPORT FOR RUNNING AN INCUBATION PROGRAM FOR RENEWABLE ENERGY AND TECHNOLOGY ENTERPRISES. THESE ENTERPRISES INCUBATED ENTERPRISES AND G7H SUPPORTED IN PROVIDING TRAINING, MENTORSHIP, NETWORKING, ETC. ALTOGETHER INCUBATED 13 ENTERPRISES IMPACTING 30+ INDIVIDUALS FROM THESE ENTERPRISES. ETHIOPIA: INCUBATED 6 CLEAN ENERGY ENTERPRISES AND SUPPORTED THEM BY SHARING KNOWLEDGE ON DRE LIVELIHOOD SOLUTION INTEGRATION, TECHNICAL AND BUSINESS MODEL TRAINING, AND 1 TECHNOLOGY ENTERPRISE ON THE DEVELOPMENT OF SOLAR-POWERED HYDROPONICS UNITS LOCALLY. SIERRA LEONE: INCUBATED 3 CLEAN ENERGY ENTERPRISES AND 1 TECHNOLOGY ENTERPRISE IN DEVELOPING A COOLING TECHNOLOGY FOR VEGETABLES. TANZANIA: PROVIDED TRAINING TO 3 ENTERPRISES ON TECHNICAL AND BUSINESS DEVELOPMENT.CROSS-LEARNING AND DISSEMINATION UNDER G7H: CROSS-KNOWLEDGE-SHARING SESSIONS HAVE BEEN ARRANGED ON THE OVERALL PROGRAM DESIGN ASPECTS, ASSESSMENTS ACROSS VALUE CHAIN NODAL POINTS, TECHNOLOGY DESIGNS, IMPLEMENTATION, AND POST-IMPLEMENTATION PROCESSES FOR THE KEY ANCHORING PARTNERS ACROSS GEOGRAPHIES TO BUILD PROGRAMS AND INTEGRATE THE ECOSYSTEM APPROACH IN THEIR VARIOUS EXISTING PROGRAMS. THE KEY PARTNERS FROM ETHIOPIA, TANZANIA, SIERRA LEONE, KENYA, UGANDA, RWANDA, BURKINA FASO, SOMALIA, ETC. HAVE VISITED INDIA FOR THE SOUTH-SOUTH SUMMIT. THE GLOBAL SDG7 HUBS (G7H)TEAM MEMBERS HAVE VISITED ETHIOPIA AND TANZANIA TO INTERACT WITH KEY PARTNERS AND UNDERTAKE SOME NEEDS ASSESSMENTS AND CROSS-LEARNINGS ON VARIOUS PROGRAMS. THE PARTNERS FROM ETHIOPIA AND TANZANIA ALSO VISITED INDIA AS PART OF CROSS-LEARNING DISCUSSIONS AND GRASSROOTS-LEVEL EXPOSURE TO THE INCUBATION AND INNOVATION PROGRAMS. ALTOGETHER AROUND 3 EVENTS AND 6 LEARNING VISITS ARE ARRANGED FOR AROUND 100 INDIVIDUALS LEADING TO 5 PROGRAM DESIGNS IN THESE COUNTRIES WITH KEY STAKEHOLDERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
H Harish Hande President & Director | Trustee | 6 | $0 |
Michael Reinhardt Clerk & Director | Trustee | 1 | $0 |
John J Duffy Assistant Clerk & Director | Trustee | 3 | $0 |
Carolina Barreto Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Precise Service Contract | 7/30/23 | $132,400 |
Tenn Service Contract | 7/30/23 | $106,650 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $608,358 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $608,358 |
Total Program Service Revenue | $90,897 |
Investment income | $278 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $699,533 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,505 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $39,980 |
Advertising and promotion | $0 |
Office expenses | $1,279 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $32,596 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,645 |
All other expenses | $0 |
Total functional expenses | $627,767 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,918 |
Savings and temporary cash investments | $943,997 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $7,284 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $959,199 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $705,235 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,293 |
Total liabilities | $706,528 |
Net assets without donor restrictions | $252,671 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $959,199 |