Third Place Inc
- Assets
- $53.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- Data as of
- 12/2022
- EIN
- 85-1276426
Organization Overview
Third Place Inc is located in Portland, ME. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Third Place 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 12/2022, Third Place Inc generated $64.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.2% each year . All expenses for the organization totaled $83.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NETWORK BUILDING INCLUDED THREE IN PERSON COMMUNITY CELEBRATIONS AND NETWORKING EVENTS, THREE BIPOC TRIVIA NIGHTS WITH PRIZES TO BLACK OWNED BUSINESSES, THE CREATION OF FOUR SECTOR NETWORKING AND ORGANIZING GROUPS IN EDUCATION, ENVIRONMENT, HEALTHCARE, AND BUSINESS. HELD THE FIRST WOMEN'S LEADERSHIP ALLIANCE FOR BLACK WOMEN IN BUSINESS, NONPROFIT, AND CIVIC LEADERSHIP IN COLLABORATION WITH RISE AND SHINE YOUTH RETREAT. HOSTED TWO ONLINE BUSINESS INFO SESSIONS FOR BLACK OWNED BUSINESSES WITH MAINE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT. LAUNCHED COMPASS MAINE'S BLACK PROFESSIONAL'S NETWORK. HOSTED FOUR ONLINE PROFESSIONAL NETWORKING EVENTS. ALL COMMUNITY BUILDING EVENTS REACHED A TOTAL OF 116 MEMBERS OF THE BLACK COMMUNITY 60 OF WHOM ATTENDED TWO OR MORE EVENTS.
NETWORKBUILDINGINCLUDEDTHREEINPERSONCOMMUNITYCELEBRATIONSANDNETWORKINGEVENTS,THREEBIPOCTRIVIANIGHTSWITHPRIZESTOBLACKOWNEDBUSINESSES,THECREATIONOFFOURSECTORNETWORKINGANDORGANIZINGGROUPSINEDUCATION,ENVIRONMENT,HEALTHCARE,ANDBUSINESS.HELDTHEFIRSTWOMEN'SLEADERSHIPALLIANCEFORBLACKWOMENINBUSINESS,NONPROFIT,ANDCIVICLEADERSHIPINCOLLABORATIONWITHRISEANDSHINEYOUTHRETREAT.HOSTEDTWOONLINEBUSINESSINFOSESSIONSFORBLACKOWNEDBUSINESSESWITHMAINEDEPARTMENTOFECONOMICANDCOMMUNITYDEVELOPMENT.LAUNCHEDCOMPASS,MAINE'SBLACKPROFESSIONAL'SNETWORK.HOSTEDFOURONLINEPROFESSIONALNETWORKINGEVENTS.ALLCOMMUNITYBUILDINGEVENTSREACHEDATOTALOF116MEMBERSOFTHEBLACKCOMMUNITY,60OFWHOATTENDEDTWOORMOREEVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adilah Muhammed Executive Director | 40 | $33,642 | |
Faith Douglas Chairperson | 2 | $0 | |
Edward Obarre Secretary | 1 | $0 | |
Kevin Loney Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,625 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,085 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,000 |
| Total Revenue | $64,710 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,388 |
| Professional fees and other payments to independent contractors | $12,780 |
| Occupancy, rent, utilities, and maintenance | $3,681 |
| Printing, publications, postage, and shipping | $58 |
| Other expenses | $32,613 |
| Total expenses | $83,520 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,723 |
| Other assets | $0 |
| Total assets | $53,173 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Bankers Association Westbrook, ME | $2,211,432 | $2,703,164 |
Christmas Cove Improvement Assoc Damariscotta, ME | $2,359,938 | $517,115 |
Hales Location Owners Association Inc Hales Location, NH | $1,338,615 | $588,109 |
National Rural Letter Carriers Association Farmington, ME | $319,404 | $0 |
National Rural Letter Carriers N H State Newmarket, NH | $259,541 | $92,660 |
Third Place Inc Portland, ME | $53,173 | $0 |
Human Action Foundation Lee, NH | $515,694 | $84,452 |
Gateway Milbridge Milbridge, ME | $1,111,566 | $229,038 |
We Heart West W Manchester, NH | $11,543 | $0 |
Casino Free New Hampshire Inc Keene, NH | $234 | $0 |