NonprofitsPeople Incorporated Financial Services

Community Improvement & Capacity Building

People Incorporated Financial Services

ABINGDON, VA

Total revenue

$2.2M

Total expenses

$2.3M

Net assets

$4.7M

Grants received

$215K

2 grants

EIN

541989160

Tax year

2023

Mission

To promote the economic self-sufficiency and a better quality of life for the citizens of the region through small business ownership, job creation, and asset development. In support of this goal, people financial services provides business and financial literacy training, individual technical assistance, and marketing services to entrepreneurs and others throughout the region.

Financials

FY 2023

Revenue

Contributions & grants$765K
Program service revenue$975K
Investment income$387K
Other revenue$47K
Total revenue$2.2M

Expenses

Grants paid
Salaries & benefits$842K
Fundraising
Other expenses$1.5M
Total expenses$2.3M
Total assets$8.7M
Net assets$4.7M

People

12 listed

NameRoleCompensation

CHARLOTTE MULLINS

CHAIR

Board

1 hrs/wk

BILLY TAYLOR

VICE-CHAIR

Board

1 hrs/wk

SHELIA COMBS TUGGLE

TREASURER

Board

1 hrs/wk

DAVID MCCRACKEN

SECRETARY

Board

1 hrs/wk

WILLIAM BUTLER

DIRECTOR

Board

1 hrs/wk

MARTIN DIXON

DIRECTOR

Board

1 hrs/wk

PEGGY KISER

DIRECTOR

Board

1 hrs/wk

ALICE MEADE

DIRECTOR

Board

1 hrs/wk

JAN SELBO

DIRECTOR

Board

1 hrs/wk

CHRIS SHORTRIDGE

DIRECTOR

Board

1 hrs/wk

BRYAN PHIPPS

PRESIDENT/CEO

Board

1 hrs/wk

JANET SHRADER

VICE PRESIDENT/CFO (THRU 05/24)

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$115K
EMERGENCY BUSINESS ASSISTANCE GRANT
2020
$100K
COVID-19 GRANT
2020

Funded by

$215K from 2 funders · 2 grants · 2020

Appalachian Community Capital

$115K · 1 grant · 2020

Opportunity Finance Network

$100K · 1 grant · 2020

Details

EIN541989160
NTEE codeS22
Subsection03
Ruling date2002-11
Formed2000
Employees0
Volunteers10
PEOPLE INCORPORATED FINANCIAL SERVICES — Mission, Financials & Grants Received | Grantivo