Overview
What is Northeast Occupational Exchange?
Northeast Occupational Exchange is a nonprofit organization situated in Bangor, Maine. With a mission to support individuals who are mentally, physically disabled, or vocationally challenged, the organization aims to boost their independent living abilities and job prospects. Beyond assisting adults, Northeast Occupational Exchange also offers help to children and families, as well as community support and crisis intervention services. Their activities encompass outpatient treatment and overall well-being enhancement.
Official website here: www.noemaine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating
Northeast Occupational Exchange has received a two-star rating from Charity Navigator, indicating some concerns regarding its financial practices despite solid governance measures. The organization boasts a fully independent board and strong policies for conflict of interest and whistleblower protections, which are commendable strengths that promote accountability.
However, the organization faces significant challenges in financial transparency, as indicated by its poor performance in the Financial Statements and Liabilities to Assets Ratio categories. Notably, while it has a strong program expense ratio, the lack of posted financial documents on its website raises questions about its fiscal practices and openness to stakeholders.
Overall, while Northeast Occupational Exchange exhibits strengths in governance and board independence, the glaring gaps in financial reporting and transparency may limit trust among potential donors and stakeholders. Addressing these issues could improve their evaluation and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Northeast Occupational Exchange legitimate?
Northeast Occupational Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Occupational Exchange 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: $107,143
Professional Fundraising Fees: $0
Other Salaries and Wages: $867,139
For more financial information, click here
Official website here: www.noemaine.org
What is the mission statement of Northeast Occupational Exchange?
The Northeast Occupational Exchange, as an organization, focuses on assisting individuals who are mentally, physically disabled, or vocationally handicapped. Their primary goal is to help these individuals maximize their independent living capabilities and enhance their employability. Beyond this, they provide support services to children and families, offer community support, and offer crisis intervention when necessary.
Official website here: www.noemaine.org
Who is the CEO of Northeast Occupational Exchange?
Thomas Dougherty is the President of Northeast Occupational Exchange.
Official website here: www.noemaine.org
What is the revenue of Northeast Occupational Exchange?
Northeast Occupational Exchange's revenue in 2022 was $1,507,176.
Official website here: www.noemaine.org
Who are the executives of Northeast Occupational Exchange and what are their salaries?
The average compensation at Northeast Occupational Exchange during 2022 was $32,476. There are 30 employees at Northeast Occupational Exchange.
Here are 8 key members and their salaries:
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- Compensation: $51,209
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- Compensation: $55,934
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Official website here: www.noemaine.org
Where can I find the form 990 for Northeast Occupational Exchange?
Northeast Occupational Exchange's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.noemaine.org
Learn more at the official website: www.noemaine.org
Mission Statement of Northeast Occupational Exchange
Northeast Occupational Exchange, a nonprofit organization, is dedicated to assisting individuals who are mentally, physically disabled, or vocationally handicapped. Its mission is twofold: firstly, to empower these individuals to maximize their independent living capabilities, and secondly, to enhance their employability. Beyond this, the organization extends its support services to children and families, as well as providing community support and crisis intervention when necessary. In essence, Northeast Occupational Exchange aims to uplift and integrate these individuals back into society, offering them the tools and resources necessary to live independently and contribute positively to their communities.
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Impact
July, 2024
Northeast Occupational Exchange plays a vital role in assisting individuals who are mentally or physically disabled or face vocational challenges to enhance their independent living capabilities and improve their employability. By offering support services to children, families, and communities, the organization strives to promote community integration and provide outpatient treatment services. Its impact is felt through the empowerment of individuals with disabilities to lead more fulfilling lives and contribute to the workforce, ultimately fostering a more inclusive and supportive society.
This information is meant to be a general summary of Northeast Occupational Exchange. 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: $109,760
- Program Service Revenue: $1,280,599
- Gross Receipts: $1,767,215
Assets and Liabilities:
- Total Assets: $370,365
- Total Liabilities: $463,453
- Net Assets: -$93,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINECARE/MEDICAID
Revenue
$1,180,389
OUTPATIENT /DAY TREATM
Revenue
$68,600
MISCELLANEOUS
Revenue
$31,610
Organization Details
Founding Year
1975
Principal Officer
Thomas Dougherty
Main Address
PO BOX 1189, BANGOR, ME, 04402
Website
www.noemaine.orgNTEE Category
Code: J300 - Employment
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