Conscious Capitalism Inc

Conscious Capitalism Inc

Warren, MI 48090
Tax ID20-2238653

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About this organization

Revenue

$2,684,089

Expenses

$2,976,312

Mission

Conscious Capitalism, Inc.'s purpose is to elevate humanity through business. We believe that business is good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence and it is heroic because it lifts people out of poverty and creates prosperity. Free enterprise capitalism is the most powerful system for social cooperation and human progress ever conceived. It is one of the most compelling ideas we humans have ever had. But we can aspire to even more.

About

Conscious Capitalism, Inc. (CCI) offers a variety of programs and resources that emphasize the human nature of capitalism and business. CCI seeks to build community, provide learning and development offerings, and share the stories of business leaders elevating humanity through business. In 2018, CCI had over 45 chapters and organized events for 3,000 participants.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “Conscious capitalism, inc. is building a movement of business leaders dedicated to elevating humanity through business.”.

When explaining its purpose, the activities were described as: “Conscious capitalism, inc. is building a movement of business leaders changing the practice and perception of capitalism to elevate humanity.”.

  • The non-profit is legally allowed to operate in the state of CA, as reported.
  • The non-profit has a total of 11 employees, as reported on their form for 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$292,223.
  • The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
  • The organization has a written policy that delegates the management duties.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 20 independent voting members.
  • The organization was formed in 2005.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $1,047,749 in salary, compensation, and benefits to its employees.
  • The organization pays $266,149 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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