Overview
What is Triangle Inc?
Triangle Inc, located in Malden, Massachusetts, is a distinguished nonprofit organization committed to supporting individuals with disabilities and their families. With a workforce of 190 dedicated employees, Triangle Inc offers residential community-based residences, aiming to empower these individuals to live rich and fulfilling lives. Their mission is to provide a supportive environment, challenges, and opportunities, encouraging the world to recognize the abilities of all people, regardless of their disabilities. Their activities extend beyond the residential sector, embodying a holistic approach to improving the lives of individuals with disabilities and their families.
Official website here: www.triangle-inc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Triangle Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial management. With an impressive score of 94 in the Accountability & Finance category, the organization demonstrates strong governance practices, such as having an entirely independent board and effective oversight through an Audit and Oversight Committee.
The charity excels in transparency, as evidenced by its comprehensive policies on conflict of interest, whistleblower protections, and document retention. Additionally, Triangle Inc maintains a healthy program expense ratio of nearly 80%, reflecting its commitment to allocating funds effectively towards its mission.
Despite these strengths, Triangle Inc has a liabilities to assets ratio of 52.89%, which suggests a moderate level of debt. However, this figure still falls within acceptable limits and does not significantly detract from the organization's overall positive standing in financial health and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Triangle Inc legitimate?
Triangle Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle 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: $697,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,857,783
For more financial information, click here
Official website here: www.triangle-inc.org
What is the mission statement of Triangle Inc?
Triangle Inc's mission is centered around empowering individuals with disabilities and their families to live fulfilling lives. They accomplish this through a combination of support, challenges, and opportunities. The organization is committed to fostering an understanding that everyone, regardless of ability, holds value. In addition to their residential services, providing community-based residences for mentally disabled individuals, Triangle Inc strives to advocate for the recognition of the abilities in all people.
Official website here: www.triangle-inc.org
Who is the CEO of Triangle Inc?
Coleman Nee is the Chief Executive Officer of Triangle Inc. The CEO's salary of Triangle Inc is $223,373 and their total compensation is $246,050.
Official website here: www.triangle-inc.org
What is the revenue of Triangle Inc?
Triangle Inc's revenue in 2022 was $11,643,804.
Official website here: www.triangle-inc.org
Who are the executives of Triangle Inc and what are their salaries?
The average compensation at Triangle Inc during 2022 was $34,503. There are 190 employees and 9 volunteers at Triangle Inc.
Here are 14 key members and their salaries (Triangle Inc's CEO's salary is $223,373 and their total compensation is $246,050):
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- Compensation: $223,373
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- Other: $22,677
- Compensation: $162,462
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- Other: $28,744
- Compensation: $140,167
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- Other: $12,138
- Compensation: $100,827
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- Other: $7,423
- Compensation: $130,125
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- Other: $9,023
Official website here: www.triangle-inc.org
Where can I find the form 990 for Triangle Inc?
Triangle Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.triangle-inc.org
Learn more at the official website: www.triangle-inc.org
Mission Statement of Triangle Inc
Triangle Inc, a nonprofit organization, is dedicated to empowering individuals with disabilities and their families, enabling them to lead rich and fulfilling lives. The mission of Triangle Inc is twofold: firstly, it aims to provide support, challenge, and opportunities that empower these individuals and their families. Secondly, Triangle Inc is committed to changing societal perceptions, emphasizing that everyone, regardless of ability, has the capacity to contribute positively to the world.
In pursuit of its mission, Triangle Inc offers residential services for mentally disabled individuals. These community-based residences provide a safe and supportive environment where individuals can thrive and enjoy a high quality of life. By focusing on empowerment, challenge, and opportunities, Triangle Inc encourages its residents to reach their full potential, fostering a sense of independence and self-worth. The organization's ultimate goal is to help the world recognize and embrace the abilities of all individuals, fostering a more inclusive and equitable society.
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Impact
July, 2024
Triangle Inc empowers people with disabilities and their families to enjoy rich, fulfilling lives. Through support, challenge, and opportunity, Triangle provides community-based residences for mentally disabled individuals. The organization is committed to helping the world recognize that we are all people with ability. Triangle Inc's impact is evident in its dedication to providing employment opportunities and fostering independence for individuals with disabilities, thus contributing to a more inclusive society.
This information is meant to be a general summary of Triangle 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: $3,575
- Program Service Revenue: $11,040,481
- Gross Receipts: $11,682,295
Assets and Liabilities:
- Total Assets: $7,569,693
- Total Liabilities: $1,068,581
- Net Assets: $6,501,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$10,476,095
CLIENT RENTAL INCOME
Revenue
$464,333
OTHER PROGRAM RELATED INCOME
Revenue
$100,053
Organization Details
Founding Year
1970
Phone
(617) 322-0400Principal Officer
Coleman Nee
Main Address
450 BROADWAY, MALDEN, MA, 02148
Website
www.triangle-inc.orgNTEE Category
Code: J30 - Employment
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