Ukraine Power Inc

Ukraine Power Inc. is a U.S. nonprofit organization dedicated to alleviating suffering in Ukraine by providing essential equipment and resources to empower various segments of the population, including children, students, the elderly, and internally displaced individuals[1][2].

Mission and Activities

The mission of Ukraine Power Inc. is centered on delivering aid directly to those in need, focusing on the immediate provision of electric equipment and other essential resources. This is particularly crucial given the current infrastructure challenges faced by Ukraine, with significant portions of the power grid compromised in regions such as Luhansk[1].

Governance and Leadership

Ukraine Power Inc. is governed by a diverse board of directors, which includes experienced executives and individuals with deep connections to Ukraine. The board has implemented policies to ensure transparency and ethical governance, such as conducting formal assessments of the CEO and reviewing conflict-of-interest policies annually[2].

Financials

As of the latest available data, Ukraine Power Inc. reported a revenue of $125,000 and expenses of $128,000 in 2023. The organization's total assets stood at $27,400, while liabilities were minimal, totaling $39[5].

Events and Fundraising

Ukraine Power Inc. engages in various fundraising and awareness events, including cultural festivals and benefit dinners, which help support their relief efforts in Ukraine. These events are designed to raise funds and awareness about the ongoing humanitarian crisis[1].

Registration and Status

Ukraine Power Inc. is registered as a 501(c)(3) organization, which allows it to receive tax-deductible donations[4].

[1] https://www.ukrainepower.org [2] https://www.guidestar.org/profile/92-1103906 [3] https://www.charitynavigator.org/ein/921103906 [4] https://www.ukrainepower.org/contact-us/ [5] https://projects.propublica.org/nonprofits/organizations/921103906