Overview
What is South Middlesex Opportunity Council Inc?
South Middlesex Opportunity Council Inc is a nonprofit organization located at 7 Bishop Street, Framingham, Massachusetts, with a total workforce of 934 employees. They are dedicated to improving the lives of low-income individuals and families by advocating for their needs and rights, providing essential services, educating the community, and building a supportive network. Their primary mission encompasses offering energy and financial assistance through fuel energy and rental aid, enabling recipients to afford the increasing costs of utilities and living expenses. Additionally, they provide day care services, professional assistance, shelter, food, and other necessary resources.
Official website here: www.smoc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
South Middlesex Opportunity Council Inc demonstrates a strong commitment to accountability and financial transparency, as evidenced by its exceptional score of 95%. This high rating is entirely derived from its Accountability & Finance metrics, indicating that the organization maintains rigorous standards in financial management and governance. The presence of a fully independent board and robust oversight practices further solidifies its credibility.
The organization excels in several key areas, such as having a comprehensive whistleblower policy, a clear conflict of interest policy, and transparent documentation practices, including meeting minutes. Its financial health is underscored by a solid program expense ratio of over 90%, ensuring that the majority of its resources are directed towards its mission-driven programs. The low material diversion of assets also highlights its commitment to responsible management.
While the organization shows remarkable strengths, it is crucial for stakeholders to remain informed about any potential changes in financial conditions, as indicated by the liabilities to assets ratio of approximately 51.86%. Overall, South Middlesex Opportunity Council Inc stands out as a well-managed nonprofit that prioritizes integrity and effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is South Middlesex Opportunity Council Inc legitimate?
South Middlesex Opportunity Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Middlesex Opportunity Council 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: $1,598,035
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,236,785
For more financial information, click here
Official website here: www.smoc.org
What is the mission statement of South Middlesex Opportunity Council Inc?
The South Middlesex Opportunity Council Inc is dedicated to enhancing the livelihoods of economically disadvantaged individuals and families. They advocate for their needs and rights, providing essential services to help bridge the gap. These services include fuel and energy assistance, aimed at helping recipients afford rising utility costs. In addition, they educate the community, build a network of support, and participate in coalitions with other advocates. The organization is consistently seeking new resources and partnerships to expand its reach and impact.
Official website here: www.smoc.org
What is the revenue of South Middlesex Opportunity Council Inc?
South Middlesex Opportunity Council Inc's revenue in 2024 was $169,341,312.
Official website here: www.smoc.org
Who are the executives of South Middlesex Opportunity Council Inc and what are their salaries?
The average compensation at South Middlesex Opportunity Council Inc during 2024 was $33,573. There are 978 employees and 405 volunteers at South Middlesex Opportunity Council Inc.
Here are 33 key members and their salaries:
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- Compensation: $136,199
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- Other: $38,132
Official website here: www.smoc.org
Where can I find the form 990 for South Middlesex Opportunity Council Inc?
South Middlesex Opportunity Council Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.smoc.org
Learn more at the official website: www.smoc.org
Mission Statement of South Middlesex Opportunity Council Inc
South Middlesex Opportunity Council Inc, a prominent nonprofit organization, is dedicated to enhancing the lives of low-income and disadvantaged individuals and families. The mission of this esteemed entity is multifaceted. It advocates for the needs and rights of its community members, providing essential services to help them thrive. The organization educates the community, fostering awareness and understanding. Additionally, it builds a supportive network, fostering meaningful partnerships and seeking out new resources.
At the heart of South Middlesex Opportunity Council Inc's efforts is its commitment to energy and financial assistance. This crucial service helps low-income individuals afford the rising costs of utilities, rent, and other essential expenses. By providing fuel energy and rental assistance, the organization ensures that those in need can maintain a stable living situation. This vital support not only improves their immediate quality of life but also empowers them to focus on their long-term goals. The organization's unwavering dedication to this cause is a testament to its commitment to creating lasting change.
Through its mission, South Middlesex Opportunity Council Inc strives to create a world where disadvantaged individuals and families are given the tools and resources needed to overcome adversity and build a better future. By advocating for their needs, providing essential services, and fostering a supportive community, the organization plays a pivotal role in transforming lives and uplifting communities.
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Impact
October, 2024
South Middlesex Opportunity Council Inc significantly improves the quality of life for low-income and disadvantaged individuals and families in Framingham, MA. Through a range of essential services, the organization addresses critical needs by providing day care, shelter, food, and professional assistance.
One of its core functions is offering financial aid, including fuel energy and rental assistance, which helps vulnerable populations manage the rising costs of utilities, rent, and other living expenses. This support not only alleviates immediate financial stress but also fosters stability and security for families in challenging circumstances.
Additionally, the organization works to educate the community about the needs and rights of low-income individuals, thereby building a supportive network and advocating for systemic change. By participating in coalitions with other advocates and seeking new resources and partnerships, South Middlesex Opportunity Council Inc plays a vital role in strengthening the community and ensuring that the voices of those it serves are heard.
This information is meant to be a general summary of South Middlesex Opportunity Council 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 2024.
- Investment Income: $38,269
- Program Service Revenue: $159,107,385
- Gross Receipts: $169,386,558
Assets and Liabilities:
- Total Assets: $61,793,311
- Total Liabilities: $31,477,446
- Net Assets: $30,315,865
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOV. FEES AND CONTRACT
Revenue
$147,195,817
THIRD PARTY BILLINGS
Revenue
$9,845,861
CLIENT FEE REVENUE
Revenue
$1,404,514
RENTAL INCOME
Revenue
$388,843
TUITION INCOME
Revenue
$272,350
Organization Details
Founding Year
1965
Principal Officer
Susan Gentili
Website
www.smoc.orgNTEE Category
Code: P200 - Human services
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