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Chesco Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020390548 ✦ Keene, NH ✦ Designated as a 501(c)(3)

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Overview

What is Chesco Inc?

Chesco Inc is a nonprofit organization situated in Keene, New Hampshire. With a workforce of 142 dedicated individuals, their primary mission is to empower adults and youths with disabilities to live and work independently within their communities. They achieve this goal through their supported employment and residential programs. These programs provide essential support, enabling the individuals they serve, approximately 65 in total, to thrive and integrate smoothly into their communities. Chesco Inc's objective is to foster an environment where these individuals can lead fulfilling lives and contribute positively to their communities.


Official website here: www.chescoinc.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

Chesco Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization's overall score is based entirely on its Accountability & Finance metrics, which earned a high score of 92%. This rating indicates that Chesco Inc effectively manages its resources and adheres to best practices in financial governance.

The nonprofit boasts a majority independent board, comprising all independent members, which is crucial for unbiased oversight. Key areas such as financial audits, conflict of interest policies, and whistleblower protections are well addressed, showcasing the organization's rigorous approach to governance. Additionally, Chesco Inc demonstrates a solid program expense ratio of 91.20%, indicating that a significant portion of its expenditures supports its mission.

Despite its strengths, Chesco Inc's rating is solely based on financial accountability and does not reflect programmatic impact or effectiveness. While the financial metrics are commendable, potential donors may want to consider further information about the organization's programs and the overall impact it has on its community. Overall, Chesco Inc presents a strong case for financial responsibility and governance.


This AI summary has been generated from information found on Charity Navigator.

Is Chesco Inc legitimate?

Chesco Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesco 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: $232,694
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,743,109

For more financial information, click here


Official website here: www.chescoinc.net

What is the mission statement of Chesco Inc?

Chesco Inc, an organization dedicated to assisting adults and youths, operates with a mission to facilitate their successful integration into their communities. This is achieved through supported employment and residential programs. The primary goal of Chesco Inc is to empower individuals with disabilities, enabling them to lead fulfilling lives and contribute to their communities through gainful employment. The organization provides residential care and supported employment services to approximately 65 clients, thereby enhancing their overall quality of life.


Official website here: www.chescoinc.net

Who is the CEO of Chesco Inc?

Barbara Hastings is the Secretary of Chesco Inc.


Official website here: www.chescoinc.net

What is the revenue of Chesco Inc?

Chesco Inc's revenue in 2023 was $5,603,526.


Official website here: www.chescoinc.net

Who are the executives of Chesco Inc and what are their salaries?

The average compensation at Chesco Inc during 2023 was $20,956. There are 142 employees at Chesco Inc.


Here are 7 key members and their salaries:


Gretchen Fowler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hill (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Silander (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Luz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rye Capron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Scheck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Moura (Executive Director)
  • Compensation: $173,188
  • Related: $0
  • Other: $0


Official website here: www.chescoinc.net

Where can I find the form 990 for Chesco Inc?

Chesco Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.chescoinc.net

Learn more at the official website: www.chescoinc.net

Mission Statement of Chesco Inc

Chesco Inc, a nonprofit organization, is dedicated to assisting adults and youths in thriving within their communities. They achieve this goal through their supported employment and residential programs. The organization's mission is to empower individuals with disabilities, helping them live independently and contribute to their communities through gainful employment and safe living environments. Chesco Inc serves approximately 65 clients, providing them with the necessary support to live and work successfully in their communities.

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Impact




July, 2024

Chesco Inc has a significant impact on the community of Keene, NH, by providing supported employment and residential care for handicapped individuals. Through their programs, they help approximately 65 clients live and work successfully in their communities. Chesco Inc's mission is to empower adults and youths to thrive in their environments, promoting inclusivity and self-sufficiency. Their focus on supported employment not only benefits the individuals they serve but also contributes positively to the overall community by fostering greater diversity and integration.




This information is meant to be a general summary of Chesco 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.

Revenue
$5,603,526 (2023)
Expenses
$5,573,495 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,500
  • Program Service Revenue: $5,534,515
  • Gross Receipts: $5,607,526

Assets and Liabilities:

  • Total Assets: $2,760,148
  • Total Liabilities: $982,538
  • Net Assets: $1,777,610

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACTS

Revenue

$5,534,515

Organization Details

Founding Year

1985

Principal Officer

Barbara Hastings

Main Address

145 GILBO AVE UNIT 101, KEENE, NH, 034310561

NTEE Category

Code: J30Z - Employment

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