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Options Unlimited Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061413593 ✦ Bloomfield, CT ✦ Designated as a 501(c)(3)

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Overview

What is Options Unlimited Inc?

Options Unlimited Inc is a nonprofit organization situated in Bloomfield, Connecticut, specifically at 693 Bloomfield Ave, 06002. Their primary focus is on assisting individuals with developmental disabilities, aiming to enhance their self-sufficiency. They provide individualized, integrated, and community-based residential and day services that are as least restrictive as possible. This approach is instrumental in helping these individuals discover new avenues of fulfillment and happiness in their lives. With a workforce of 144 employees, Options Unlimited Inc strives to make a significant impact in the lives of those they serve.


Official website here: www.optionsunltd.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

Options Unlimited Inc has received a rating of 81%, earning a Three-Star out of Four Stars designation from Charity Navigator. This score reflects solid accountability and financial practices, indicating that the organization effectively manages its resources and maintains transparency in its operations.

The organization has demonstrated strong governance, with a fully independent board consisting of three members and adhering to best practices in financial oversight and conflict of interest policies. The absence of material asset diversions and the presence of comprehensive audits further bolster its credibility and reliability.

However, while the financial health appears sound, potential donors and supporters may wish to explore further details about the organization's specific programs and outcomes, as the rating does not provide insight into the impact of its initiatives. Overall, Options Unlimited Inc exhibits commendable practices in governance and finance, contributing to its reputation as a responsible nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Options Unlimited Inc legitimate?

Options Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Options Unlimited 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: $102,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,376,074

For more financial information, click here


Official website here: www.optionsunltd.org

What is the mission statement of Options Unlimited Inc?

Options Unlimited Inc is dedicated to providing residential and day services that are tailored, integrated into the community, and as least restrictive as possible. This approach is crucial in assisting individuals with disabilities in achieving new levels of fulfillment and joy in their lives. The organization operates community-based residential alternatives for developmentally disabled individuals, aiming to help them become increasingly independent.


Official website here: www.optionsunltd.org

Who is the CEO of Options Unlimited Inc?

Lynn Cinciva is the Ceo of Options Unlimited Inc. The CEO's salary of Options Unlimited Inc is $103,200 and their total compensation is $104,770.


Official website here: www.optionsunltd.org

What is the revenue of Options Unlimited Inc?

Options Unlimited Inc's revenue in 2022 was $5,639,492.


Official website here: www.optionsunltd.org

Who are the executives of Options Unlimited Inc and what are their salaries?

The average compensation at Options Unlimited Inc during 2022 was $24,155. There are 144 employees at Options Unlimited Inc.


Here are 4 key members and their salaries (Options Unlimited Inc's CEO's salary is $103,200 and their total compensation is $104,770):


Lynn Cinciva (Ceo)
  • Compensation: $103,200
  • Related: $0
  • Other: $1,570
Oliver Gagne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Murray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Maloney-Hastillo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.optionsunltd.org

Where can I find the form 990 for Options Unlimited Inc?

Options Unlimited Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.optionsunltd.org

Learn more at the official website: www.optionsunltd.org

Mission Statement of Options Unlimited Inc

Options Unlimited Inc is dedicated to providing residential and day services that cater to the unique needs of individuals with disabilities. This organization emphasizes individualization, integration, community-based activities, and the least restrictive environment possible. These considerations are instrumental in helping these individuals attain new levels of meaning and happiness in their lives. By offering these tailored services, Options Unlimited Inc strives to assist individuals with disabilities in becoming increasingly self-sufficient.

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Impact




July, 2024

Options Unlimited Inc's impact is significant in providing individualized, integrated, and community-based residential and day services for people with disabilities. By focusing on the least restrictive options, the organization assists individuals in becoming more self-sufficient, promoting their independence and happiness. Options Unlimited Inc plays a crucial role in helping persons with disabilities reach new heights of meaning and fulfillment in their lives.




This information is meant to be a general summary of Options Unlimited 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.

Revenue
$5,639,492 (2022)
Expenses
$5,699,300 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $910
  • Program Service Revenue: $635,265
  • Gross Receipts: $5,639,492

Assets and Liabilities:

  • Total Assets: $3,300,239
  • Total Liabilities: $3,040,422
  • Net Assets: $259,817

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ROOM AND BOARD

Revenue

$635,265

Organization Details

Founding Year

1994

Principal Officer

Lynn Cinciva

Main Address

693 BLOOMFIELD AVE, BLOOMFIELD, CT, 06002

NTEE Category

Code: P82 - Human services

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