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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Youth Development Thread Inc.

Thread Inc.

Fiscal year ending 2023. Filed on May 15, 2024.

2401 Liberty Heights Avenue 2730
Baltimore, Maryland 21215

Thread Inc. (EIN: 84-1700955) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Thread Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 81 total employees. Among the employees shown here, the average compensation is $181,176. The highest compensated employee at Thread Inc. is Sarah Hemminger with fiscal year 2023 compensation of $236,140.

Revenue, expenses, and employee compensation

Revenue

$10,037,741

Expenses

$7,431,317

Employee compensation

$5,498,252
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sarah Hemminger
Chief Executive Officer and Co-Founder
$236,140
$232,957 No related comp$3,183
Allison Buchalter
Vice President of Involvement
$192,557
$175,295 No related comp$17,262
Nicholas Greer
Vice President of Interconnection
$183,926
$177,331 No related comp$6,595
Roland Selby
Managing Director, Investment
$163,314
$155,939 No related comp$7,375
Jordan Wagner
Director of DATA Strategy and Operations
$129,941
$124,328 No related comp$5,613

Benchmark Employee Compensation

Non-Employee Board Members

Aaron Copeland
Co-Chair
Angel Perez
Board Member
Barry Williams
Board Member
Cheryl Boyer
Board Member
Destiny-Simone Ramjohn, Ph.D.
Board Member
Dhaujee Rose
Board Member
Heather Benz
Secretary
Jan Houbolt
Board Member
Jeff Cohen
Co-Chair
Krishna Potarazu
Treasurer
Marjorie Rodgers Cheshire
Board Member
Michelle Leff
Board Member

Mission Statement

THREAD HARNESSES THE POWER OF RELATIONSHIPS TO CREATE A NEW SOCIAL FABRIC OF DIVERSE INDIVIDUALS DEEPLY ENGAGED WITH YOUNG PEOPLE FACING THE MOST SIGNIFICANT OPPORTUNITY AND ACHIEVEMENT GAPS. OUR COMMUNITY IS COMMITTED TO ENDING SOCIAL ISOLATION AND BUILDING A MORE EQUITABLE CULTURE IN WHICH EVERYONE THRIVES.

Other organizations also named Thread

Thread Capital Inc.
Raleigh, North Carolina
Thread Group Inc.
San Ramon, California
Thread Creek
Howell, Michigan
Threaded
Frisco, Texas
Threadbender Textiles
Camarillo, California
Thread of Hope Inc.
Waltham, Massachusetts

Revisions to this organization profile

April 21, 2025:
2024 Thread Inc. 990 filed
May 15, 2024:
2023 Thread Inc. 990 filed
May 15, 2023:
2022 Thread Inc. 990 filed

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