Overview
What is Independence Association Inc?
Independence Association Inc, situated in Brunswick, Maine, is a dedicated nonprofit organization that focuses on empowering adults and children with developmental disabilities. They strive to provide a fulfilling and inclusive life for their clients in their preferred community. Their comprehensive services encompass various residential support options, employment assistance, in-home support, case management, and other habilitation services. The organization's mission is to help individuals with developmental disabilities lead full lives, ensuring their safety, security, and happiness in an environment that fosters independence. With a team of 227 dedicated employees, Independence Association Inc is committed to making a positive impact in the lives of those it serves.
Official website here: www.independenceassociation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star Rating)
Independence Association Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 96%. This high rating indicates that the organization manages its financial resources effectively and maintains transparency, which is crucial for building trust with donors and stakeholders.
The organization excels in several key areas, including having a fully independent board, comprehensive financial oversight, and policies in place for conflict of interest and whistleblower protections. With a program expense ratio of nearly 88%, a significant portion of its funds is directed toward its programs rather than administrative costs, which signifies a commitment to its mission.
While the organization demonstrates strong financial health and governance, as evidenced by a low liabilities to assets ratio, ongoing monitoring of its funding sources and program effectiveness will be important for continued success. Overall, the Independence Association Inc stands out as a well-managed nonprofit that prioritizes accountability and program impact.
This AI summary has been generated from information found on Charity Navigator.
Is Independence Association Inc legitimate?
Independence Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $104,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,188,457
For more financial information, click here
Official website here: www.independenceassociation.org
What is the mission statement of Independence Association Inc?
The Independence Association Inc's mission is centered around supporting adults and children with developmental disabilities. Their objective is to help these individuals lead a full and inclusive life in their preferred community. They achieve this by providing various residential support options, employment services, in-home support, case management, and other habilitation services. The association's goal is to empower these individuals to live independently, ensuring their safety, security, and happiness in an environment that fosters independence.
Official website here: www.independenceassociation.org
Who is the CEO of Independence Association Inc?
Ray Nagel is the Director of Independence Association Inc.
Official website here: www.independenceassociation.org
What is the revenue of Independence Association Inc?
Independence Association Inc's revenue in 2022 was $10,715,783.
Official website here: www.independenceassociation.org
Who are the executives of Independence Association Inc and what are their salaries?
The average compensation at Independence Association Inc during 2022 was $32,126. There are 227 employees and 25 volunteers at Independence Association Inc.
Here are 16 key members and their salaries:
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- Compensation: $101,549
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- Other: $2,489
Official website here: www.independenceassociation.org
Where can I find the form 990 for Independence Association Inc?
Independence Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.independenceassociation.org
Learn more at the official website: www.independenceassociation.org
Mission Statement of Independence Association Inc
Independence Association Inc is dedicated to assisting adults and children with developmental disabilities in leading a full and inclusive life in their chosen community. The organization offers a variety of residential support options, employment services, in-home support, and case management services, among other habilitation services. The mission of Independence Association Inc is to ensure the safety, security, and happiness of individuals with developmental disabilities in an environment that promotes independence. By providing these comprehensive services, the organization empowers these individuals to live independently and participate fully in their communities.
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Impact
July, 2024
Independence Association Inc's impact is profound as it assists adults and children with developmental disabilities in obtaining a full and inclusive life in their chosen community. By providing a variety of residential support options, employment services, in-home support, case management services, and other habilitation services, Independence Association ensures the safety, security, and happiness of individuals with developmental disabilities. Through its housing programs, Independence Association creates an environment that promotes independence for adults with developmental disabilities, thus making a significant difference in the lives of those it serves.
This information is meant to be a general summary of Independence Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $35,793
- Program Service Revenue: $9,115,510
- Gross Receipts: $10,739,058
Assets and Liabilities:
- Total Assets: $10,733,333
- Total Liabilities: $4,256,561
- Net Assets: $6,476,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE
Revenue
$9,007,700
FEES AND CONTRACTS GOV
Revenue
$40,068
HOUSING FEES
Revenue
$35,594
SALES OF ARTS AND CRAF
Revenue
$32,148
Organization Details
Founding Year
1967
Phone
(207) 725-4371Principal Officer
Ray Nagel
Main Address
3 INDUSTRIAL PARKWAY, BRUNSWICK, ME, 04011
NTEE Category
Code: P820 - Human services
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