Overview
What is Rms Development Inc?
Rms Development Inc is a nonprofit organization based in Kensington, Connecticut. Their primary mission is to help manage, operate, administer, and own non-institutional independent living facilities for individuals with handicaps and developmental disabilities. They provide essential assistance in creating supportive environments for these individuals to live independently.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Rms Development Inc has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and financial health. The score is primarily based on its performance in the Accountability & Finance beacon, where the organization excelled in several areas such as having a fully independent board and a strong audit and oversight committee. These elements suggest a commitment to transparency and good governance practices.
However, there are notable gaps in their policies, specifically the absence of a whistleblower policy and document retention and destruction policies, which can be critical for organizational integrity and risk management. Additionally, the tax form is not posted on their website as required, which detracts from their overall accountability score. While the organization's program expense ratio is commendable at 90.65%, indicating a significant portion of funds is directed toward its programs, the liabilities to assets ratio of 65.81% raises some concerns regarding financial stability.
In summary, while Rms Development Inc displays strengths in governance and program expenditure, the missing policies and documentation suggest areas for improvement that could enhance their overall accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Rms Development Inc legitimate?
Rms Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rms Development 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,460,887
For more financial information, click here
Official website here: www.none
What is the mission statement of Rms Development Inc?
Rms Development Inc is dedicated to assisting in the management, operation, administration, and ownership of non-institutional independent living facilities for handicapped and developmentally disabled persons. Their mission focuses on empowering these individuals to live independently by providing well-managed facilities that cater to their unique needs. Through their work, they contribute to enhancing the quality of life for these individuals and enabling them to reach their full potential. The organization's commitment extends beyond day-to-day operations, as they strive to create supportive environments that foster growth and independence. By offering expert care and accommodating customized living arrangements, Rms Development Inc plays a vital role in promoting self-sufficiency and autonomy for those who require special assistance.
Official website here: www.none
Who is the CEO of Rms Development Inc?
Joseph Drexler is the Executive Di of Rms Development Inc.
Official website here: www.none
What is the revenue of Rms Development Inc?
Rms Development Inc's revenue in 2022 was $29,937,810.
Official website here: www.none
Who are the executives of Rms Development Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $236,634
- Other: $0
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- Related: $123,434
- Other: $479
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- Related: $79,177
- Other: $20,028
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Rms Development Inc
Rms Development Inc, a dedicated organization, focuses on the management, operation, administration, and ownership of non-institutional independent living facilities for handicapped and developmentally disabled persons. The mission of Rms Development Inc is to create an environment where individuals with disabilities can thrive in their daily lives with maximum independence. These facilities, which are not part of institutions, offer residents the opportunity to live as self-sufficiently as possible, fostering a sense of community and belonging.
Rms Development Inc's commitment extends beyond the basic living arrangements. By managing these facilities, the organization ensures that the required support services are in place to help residents meet their day-to-day needs. This includes, but is not limited to, providing essential care, facilitating access to medical and therapeutic services, and ensuring that the living spaces are tailored to the specific needs of each resident. Rms Development Inc's ultimate goal is to enable these individuals to lead fulfilling lives with dignity and respect, while enabling them to exercise their rights and choices as valued members of society.
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Impact
August, 2024
Rms Development Inc's impact is focused on assisting in the management, operation, administration, and ownership of non-institutional independent living facilities for handicapped and developmentally disabled persons. By providing these specialized living arrangements, Rms Development Inc plays a crucial role in enhancing the quality of life and autonomy of individuals with disabilities. Their work directly contributes to promoting independence and inclusion for this community, ensuring they have access to safe and supportive living environments tailored to their needs.
This information is meant to be a general summary of Rms Development 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: $9,796
- Program Service Revenue: $2,533,819
- Gross Receipts: $29,937,810
Assets and Liabilities:
- Total Assets: $10,546,503
- Total Liabilities: $6,923,436
- Net Assets: $3,623,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD-D.S.S.
Revenue
$2,451,812
PRIVATE PAY
Revenue
$82,007
Organization Details
Founding Year
1988
Phone
(860) 828-8635Principal Officer
Joseph Drexler
Main Address
808 FOUR ROD ROAD PO BOX 7333, KENSINGTON, CT, 06037
Website
www.noneNTEE Category
Code: P80 - Human services
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