Overview
What is Servicenet Inc?
Servicenet Inc is a Massachusetts-based nonprofit organization with a mission to assist individuals with mental illness in achieving their full potential through community living arrangements. With a team of 1914 employees, they provide essential support, treatments, and strategies to help people live fulfilling lives. Their residential services range from staffed living to independent living arrangements, ensuring that those in need can thrive in the community.
Official website here: www.servicenet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Servicenet Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score primarily based on its Accountability & Finance metrics. With a solid score of 88 in this category, the organization demonstrates a strong commitment to responsible financial practices. Notably, Servicenet boasts a fully independent board, with 91% of its members meeting this criterion, which enhances its governance and decision-making processes.
The organization's financial management is further highlighted by its well-structured audit and oversight committee, alongside a transparent approach to conflict of interest and whistleblower policies. The lack of material diversion of assets indicates a trustworthy handling of its resources. Additionally, a high program expense ratio of nearly 90% suggests that Servicenet dedicates a significant portion of its funds directly to its programs, aligning with its mission to serve the community.
However, the liabilities to assets ratio of 60.24% may pose some concern, indicating that a considerable portion of the organization's resources are committed to liabilities. This could affect financial flexibility in the long term. Overall, while Servicenet Inc shows commendable strengths in governance and program expenditure, monitoring its financial liabilities will be essential for sustained operational health.
This AI summary has been generated from information found on Charity Navigator.
Is Servicenet Inc legitimate?
Servicenet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Servicenet 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: $1,650,229
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,084,242
For more financial information, click here
Official website here: www.servicenet.org
What is the mission statement of Servicenet Inc?
Servicenet Inc is dedicated to enhancing the lives of individuals dealing with mental illness. Through their mental health and recovery services, they offer effective support, treatments, and strategies that enable people to reach their full potential. The organization prioritizes community living arrangements, including staffed and independent living options, to facilitate the smoothest possible transition from institutional care. By providing these resources, Servicenet Inc empowers individuals to live fulfilling lives despite their mental health challenges. The ultimate goal is to help people regain control over their lives and thrive within their communities.
Official website here: www.servicenet.org
Who is the CEO of Servicenet Inc?
Susan L Stubbs is the Medical Director of Servicenet Inc. The CEO's salary of Servicenet Inc is $219,870 and their total compensation is $235,424.
Official website here: www.servicenet.org
What is the revenue of Servicenet Inc?
Servicenet Inc's revenue in 2022 was $90,841,202.
Official website here: www.servicenet.org
Who are the executives of Servicenet Inc and what are their salaries?
The average compensation at Servicenet Inc during 2022 was $28,597. There are 1914 employees and 18 volunteers at Servicenet Inc.
Here are 18 key members and their salaries (Servicenet Inc's CEO's salary is $219,870 and their total compensation is $235,424):
- Compensation: $286,730
- Related: $0
- Other: $22,077
- Compensation: $219,870
- Related: $0
- Other: $15,554
- Compensation: $180,290
- Related: $0
- Other: $22,501
- Compensation: $179,765
- Related: $0
- Other: $22,501
- Compensation: $149,999
- Related: $0
- Other: $12,829
- Compensation: $131,767
- Related: $0
- Other: $16,146
- Compensation: $139,244
- Related: $0
- Other: $5,309
- Compensation: $119,101
- Related: $0
- Other: $11,567
- Compensation: $108,509
- Related: $0
- Other: $10,620
- Compensation: $100,224
- Related: $0
- Other: $10,796
- Compensation: $77,534
- Related: $0
- Other: $18,397
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.servicenet.org
Where can I find the form 990 for Servicenet Inc?
Servicenet Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.servicenet.org
Learn more at the official website: www.servicenet.org
Mission Statement of Servicenet Inc
Servicenet Inc, a dedicated organization, strives to enhance the lives of individuals battling mental illnesses. With a focus on community living, they offer supportive residential arrangements designed to help these individuals reach their full potential. Their mission is threefold: providing effective support, treatments, and strategies for people to live fulfilling lives.
In practice, Servicenet Inc offers a range of mental health and recovery services. They provide both staffed and independent living arrangements, tailored to assist individuals with mental illness in their journey towards self-sufficiency. By offering these resources, Servicenet Inc empowers its clients to live as independently as possible, integrating them into their communities and promoting overall well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Servicenet Inc plays a crucial role in enhancing the lives of individuals facing mental health challenges. By offering effective support, treatments, and tailored strategies, the organization empowers people to achieve their fullest potential. Located in Northampton, MA, Servicenet provides essential mental health and recovery services, including both residential supports and independent living arrangements specifically designed for those with mental illness. This approach not only facilitates community integration but also fosters independence, allowing individuals to thrive in their environments. Overall, Servicenet Inc significantly contributes to the mental well-being of its clients and to the broader community by promoting wellness and recovery.
This information is meant to be a general summary of Servicenet 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: $67,024
- Program Service Revenue: $12,725,317
- Gross Receipts: $90,925,016
Assets and Liabilities:
- Total Assets: $55,557,340
- Total Liabilities: $36,750,192
- Net Assets: $18,807,148
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$7,656,051
CLIENT FEES AND RENTAL SUBSIDIES
Revenue
$3,671,954
CONTRACTS
Revenue
$1,397,312
Organization Details
Founding Year
1973
Phone
(413) 585-1300Principal Officer
Susan L Stubbs
Main Address
21 OLANDER DRIVE, NORTHAMPTON, MA, 01060
Website
www.servicenet.orgNTEE Category
Code: F330 - Mental health
If you are a representative of Servicenet Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.