Overview
What is Riverbrook Residence Inc?
Riverbrook Residence Inc, located in Stockbridge, Massachusetts, is a dedicated nonprofit organization that provides a nurturing community setting for adult women with developmental disabilities. With a workforce of 51 committed individuals, Riverbrook Residence aims to foster a sense of self-worth in its residents by offering innovative and genuine opportunities for active community participation in an atmosphere of kindness and respect. Their mission is to continue nurturing this unique community, promoting full and meaningful involvement in various activities, ultimately resulting in enhanced personal growth and self-value.
Official website here: www.riverbrook.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Riverbrook Residence Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored a total of 96% in its Accountability & Finance category, indicating effective management and transparency in its financial practices. This high score is supported by various factors, including an entirely independent board and the absence of any material diversion of assets.
The nonprofit demonstrates exemplary governance with 100% of its board members being independent, ensuring unbiased decision-making. Other strengths include a robust audit and oversight committee and comprehensive policies related to conflict of interest, whistleblower protections, and document retention. The organization is also noted for its program expense ratio of 90.39%, indicating that a substantial portion of its budget is dedicated to its mission-related activities.
While the data reflects a well-managed organization, potential donors and stakeholders may still want to consider additional qualitative factors such as community impact and program effectiveness. Overall, Riverbrook Residence Inc presents itself as a financially sound and transparent organization focused on fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Riverbrook Residence Inc legitimate?
Riverbrook Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverbrook Residence 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: $107,078
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,543,563
For more financial information, click here
Official website here: www.riverbrook.org
What is the mission statement of Riverbrook Residence Inc?
Riverbrook Residence Inc is committed to preserving and enriching a nurturing community for women with developmental disabilities. They achieve this by creating innovative and authentic opportunities for their residents, fostering full and meaningful community participation in a spirit of kindness and respect. This approach aims to instill feelings of self-worth and value among the residents. The organization operates in a residential setting, providing a small community setting for adult women with developmental disabilities.
Official website here: www.riverbrook.org
Who is the CEO of Riverbrook Residence Inc?
Jackie Stores Iovieno is the Executive Director of Riverbrook Residence Inc.
Official website here: www.riverbrook.org
What is the revenue of Riverbrook Residence Inc?
Riverbrook Residence Inc's revenue in 2023 was $3,508,475.
Official website here: www.riverbrook.org
Who are the executives of Riverbrook Residence Inc and what are their salaries?
The average compensation at Riverbrook Residence Inc during 2023 was $32,366. There are 51 employees and 19 volunteers at Riverbrook Residence Inc.
Here are 13 key members and their salaries:
- Compensation: $103,922
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- Other: $14,406
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Official website here: www.riverbrook.org
Where can I find the form 990 for Riverbrook Residence Inc?
Riverbrook Residence Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.riverbrook.org
Learn more at the official website: www.riverbrook.org
Mission Statement of Riverbrook Residence Inc
Riverbrook Residence Inc is an organization dedicated to preserving and nurturing a supportive community for women with developmental disabilities. Their mission is to create innovative and genuine opportunities for these women to actively participate in the community, fostering a sense of kindness, respect, and self-worth. Through these initiatives, Riverbrook Residence Inc aims to empower these women, enabling them to lead fulfilling and meaningful lives.
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Impact
July, 2024
Riverbrook Residence Inc has a profound impact on the lives of adult women with developmental disabilities in Stockbridge, MA. It provides a small community setting where these individuals can thrive and participate fully in society with dignity and respect. By creating innovative opportunities for community engagement, Riverbrook Residence fosters feelings of self-worth and belonging among its residents. This organization plays a crucial role in upholding the values of kindness and inclusion for women with developmental disabilities, making a tangible difference in their quality of life and overall well-being.
This information is meant to be a general summary of Riverbrook Residence 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 2023.
- Investment Income: $96,061
- Program Service Revenue: $3,248,683
- Gross Receipts: $3,669,233
Assets and Liabilities:
- Total Assets: $6,723,454
- Total Liabilities: $320,069
- Net Assets: $6,403,385
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT COMMERCIAL REVENUE
Revenue
$3,456
FOOD STAMP INCOME
Revenue
$63,982
PRIVATE RESIDENT FEES
Revenue
$153,923
SSI REVENUE - TUITION
Revenue
$174,960
STATE CONTRACT REVENUE
Revenue
$2,852,362
Organization Details
Founding Year
1996
Phone
(413) 298-4926Principal Officer
Jackie Stores Iovieno
Main Address
4 ICE GLEN ROAD, STOCKBRIDGE, MA, 01262
Website
www.riverbrook.orgNTEE Category
Code: P75 - Human services
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