Overview
What is Port Resources Inc?
Port Resources Inc is a nonprofit organization located at 280 B Gannett Drive, South Portland, Maine, with a total of 263 employees. Committed to enriching the lives of individuals with developmental disabilities, the organization provides essential community residential, rehabilitation, and related services to enable independent living. Their mission is to empower people with disabilities, allowing them to fully participate in their communities and live rich, fulfilling lives.
Official website here: www.portresources.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Port Resources Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable level of accountability and financial health. The organization scored particularly well in several key areas, such as maintaining a fully independent board, comprehensive financial oversight, and strong conflict of interest and whistleblower policies. These factors indicate a commitment to transparency and ethical governance.
The organization's program expense ratio is notably high at 89.99%, suggesting that a significant portion of its resources is dedicated to its programs rather than administrative costs. This is a positive indicator for potential donors who want to see their contributions effectively utilized for mission-driven activities. Additionally, there have been no reported material diversions of assets, which further supports the integrity of the organization's financial management.
However, Port Resources Inc's liabilities to assets ratio stands at 60.84%, which may raise some concerns regarding its financial sustainability. While this figure is not excessively high, it does highlight the importance of monitoring financial health over time. Overall, the organization demonstrates strong governance and programmatic focus, but potential donors should consider its financial ratios when making contributions.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Port Resources Inc?
100% of reviewers on Facebook recommend Port Resources Inc, based on 5 reviews. Here is a summary of their insights:
The sentiment surrounding Port Resources Inc is overwhelmingly positive, with users expressing satisfaction about the organization’s strong culture and sense of community. Reviewers appreciate the close relationships developed within the nonprofit and highlight the importance placed on clients.
Overall, the consistency in enthusiasm suggests that Port Resources Inc is effectively fulfilling its mission and making a meaningful impact in the lives of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Port Resources Inc legitimate?
Port Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Port Resources 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,963,478
For more financial information, click here
Official website here: www.portresources.org
What is the mission statement of Port Resources Inc?
Port Resources Inc is committed to enhancing the lives of individuals with disabilities, enabling them to thrive in their communities. Their mission is to empower these individuals and provide them with essential services to promote independent living. The organization offers community residential and rehabilitation services, ensuring that people with developmental disabilities have access to the resources they need. Through these offerings, Port Resources Inc aims to foster rich and fulfilling lives for its clients. Additionally, they strive to create inclusive environments and support systems that allow individuals to fully participate in their communities. Overall, the organization's goal is to provide a safety net for those with disabilities, enabling them to live as independently and fulfillingly as possible.
Official website here: www.portresources.org
Who is the CEO of Port Resources Inc?
Karen Macdonald is the President of Port Resources Inc.
Official website here: www.portresources.org
What is the revenue of Port Resources Inc?
Port Resources Inc's revenue in 2022 was $14,195,807.
Official website here: www.portresources.org
Who are the executives of Port Resources Inc and what are their salaries?
The average compensation at Port Resources Inc during 2022 was $34,082. There are 263 employees and 30 volunteers at Port Resources Inc.
Here are 8 key members and their salaries:
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- Compensation: $108,434
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- Other: $8,696
- Compensation: $65,715
- Related: $0
- Other: $4,516
Official website here: www.portresources.org
Where can I find the form 990 for Port Resources Inc?
Port Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.portresources.org
Learn more at the official website: www.portresources.org
Mission Statement of Port Resources Inc
Port Resources Inc, a dedicated organization, strives to empower individuals with developmental disabilities to live rich and fulfilling lives in their communities. The mission of Port Resources Inc is geared towards enabling people with disabilities to thrive and achieve independence. The organization provides a range of community residential, rehabilitation, and related services to support this goal. These offerings enable people with developmental disabilities to live independently and participate fully in their communities.
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Impact
August, 2024
Port Resources Inc's impact is significant in empowering people with disabilities to live rich and fulfilling lives in their communities. By providing community residential, rehabilitation, and related services, Port Resources Inc enables independent community living for individuals with developmental disabilities. Through their work in South Portland, ME, Port Resources Inc is committed to enhancing the quality of life for those they serve within the human services sector.
This information is meant to be a general summary of Port Resources 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: $8,358
- Program Service Revenue: $12,866,897
- Gross Receipts: $14,216,071
Assets and Liabilities:
- Total Assets: $6,988,645
- Total Liabilities: $4,788,310
- Net Assets: $2,200,335
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MAINECARE
Revenue
$11,867,284
PROGRAM SERVICES
Revenue
$746,351
MAINCECARE SETTLEMENT
Revenue
$253,262
Organization Details
Founding Year
1979
Phone
(207) 828-0048Principal Officer
Karen Macdonald
Main Address
280 B GANNETT DRIVE, SOUTH PORTLAND, ME, 04106
Website
www.portresources.orgNTEE Category
Code: P820 - Human services
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