OWNERSHIP WORKS INC
AI Summary
Ownership Works Inc (EIN: 86-2054001) is a nonprofit organization dedicated to community and economic development, focusing on researching, educating, and informing about the benefits and methods of employee ownership in businesses. With an operating budget of $8.6 million and total revenue of $7.6 million for the 2024 filing year, the organization aims to align the interests of employees and owners, creating wealth-building opportunities for low and moderate-income workers. Ownership Works does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.ownershipworks.org.
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Mission Statement
PART I, LINE 1 & PART, III LINE 1 - THE NONPROFIT'S MISSION IS TO RESEARCH, EDUCATE AND INFORM ABOUT THE BENEFITS OF AND METHODS TO ACHIEVE EMPLOYEE OWNERSHIP OF BUSINESSES IN ORDER TO ALIGN EMPLOYEES- AND OWNERS' INTERESTS AND CREATE WEALTH-BUILDING OPPORTUNITIES FOR LOW AND MODERATE-INCOME WORKERS.
Cause Areas
1
Community and economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is OWNERSHIP WORKS INC’s budget?
In 2024, OWNERSHIP WORKS INC reported an annual operating budget of around $8.6 million. More detailed financial information is available to registered users.
What causes does OWNERSHIP WORKS INC support?
OWNERSHIP WORKS INC supports work in Community and economic development.
Where does OWNERSHIP WORKS INC operate?
OWNERSHIP WORKS INC is headquartered in New York, NY.
Who funded OWNERSHIP WORKS INC recently?
In 2024, OWNERSHIP WORKS INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, THE PRUDENTIAL FOUNDATION, and THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant OWNERSHIP WORKS INC received in 2024?
The largest grant to OWNERSHIP WORKS INC in 2024 exceeds $837 thousand.
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