Overview
What is Riverside Industries Inc?
Riverside Industries Inc, located in Easthampton, Massachusetts, is a nonprofit organization dedicated to supporting individuals with developmental disabilities. With a workforce of 185 employees, they offer a range of services, including employment, day habilitation, community-based day services, and transportation, to over 260 individuals across 33 cities and towns in Hampshire, Hampden, and Franklin Counties. Their mission is to empower these individuals, enabling them to live rich and full lives with as much independence as possible. The organization provides a comprehensive approach to support, ensuring that those affected by developmental disabilities can lead fulfilling lives in their communities.
Official website here: www.rsi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Riverside Industries Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its impressive accountability and financial management. The organization scored exceptionally well in all evaluated areas, particularly with a perfect score for having a majority of independent board members and robust financial oversight. This high rating indicates that donors can trust Riverside Industries to utilize their contributions effectively and ethically.
The nonprofit demonstrates a commitment to transparency through detailed policies like conflict of interest, whistleblower protection, and document retention, all of which are foundational for responsible governance. Its low ratio of liabilities to assets further illustrates financial stability, ensuring that the organization is well-positioned to carry out its mission without undue financial risk.
While Riverside Industries Inc excels in accountability and financial management, the summary does not address the impact of their programs or any challenges faced. Nonetheless, the overall financial health and governance practices suggest that the organization is capable of sustaining its operations and fulfilling its goals effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Riverside Industries Inc legitimate?
Riverside Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Industries 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: $239,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,990,648
For more financial information, click here
Official website here: www.rsi.org
What is the mission statement of Riverside Industries Inc?
Riverside Industries Inc's mission is centered around empowering individuals with intellectual and developmental disabilities. Their objective is to enable these individuals to live rich, fulfilling lives with as much independence as possible. The organization provides various services such as employment, day habilitation, community-based day services, and transportation services to over 260 individuals in various cities and towns. The primary focus of Riverside Industries Inc is to empower its clients, promoting their independence and enriching their lives.
Official website here: www.rsi.org
Who is the CEO of Riverside Industries Inc?
Lynn Ostrowski-Ireland is the Chairperson of Riverside Industries Inc.
Official website here: www.rsi.org
What is the revenue of Riverside Industries Inc?
Riverside Industries Inc's revenue in 2022 was $7,346,425.
Official website here: www.rsi.org
Who are the executives of Riverside Industries Inc and what are their salaries?
The average compensation at Riverside Industries Inc during 2022 was $22,868. There are 185 employees at Riverside Industries Inc.
Here are 13 key members and their salaries:
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- Compensation: $180,244
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- Other: $11,607
- Compensation: $14,424
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- Other: $3,697
Official website here: www.rsi.org
Where can I find the form 990 for Riverside Industries Inc?
Riverside Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rsi.org
Learn more at the official website: www.rsi.org
Mission Statement of Riverside Industries Inc
Riverside Industries Inc, a nonprofit organization, is dedicated to empowering individuals with intellectual and developmental disabilities to live rich and fulfilling lives with as much independence as possible. The mission of Riverside Industries Inc is to provide employment, day habilitation, community-based day services, and transportation services to over 260 individuals in 33 cities and towns across Hampshire, Hampden, and Franklin Counties. The organization's goal is to empower these individuals, enabling them to lead fulfilling lives with as much autonomy as possible.
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Impact
July, 2024
Riverside Industries Inc has a significant impact on the lives of over 260 individuals with developmental disabilities in 33 cities and towns in Hampshire, Hampden, and Franklin counties. Through providing employment, day habilitation, community-based day services, and transportation services, the organization empowers these individuals to live rich and full lives with as much independence as possible. Their mission to empower people with intellectual and developmental disabilities is reflected in the support and opportunities they offer, contributing positively to the lives of those they serve.
This information is meant to be a general summary of Riverside Industries 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: $13,934
- Program Service Revenue: $6,910,585
- Gross Receipts: $7,909,429
Assets and Liabilities:
- Total Assets: $6,932,399
- Total Liabilities: $1,348,967
- Net Assets: $5,583,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYMENT SERVICES
Revenue
$2,075,857
CBDS
Revenue
$1,724,169
DAY HAB - LIFE ENRICHM
Revenue
$1,700,638
TRANSPORTATION - ALL P
Revenue
$1,409,921
Organization Details
Founding Year
1968
Phone
(413) 527-2711Principal Officer
Lynn Ostrowski-Ireland
Main Address
ONE COTTAGE STREET, EASTHAMPTON, MA, 01027
Website
www.rsi.orgNTEE Category
Code: P800 - Human services
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