Overview
What is Alternatives Inc?
Alternatives Inc is a nonprofit organization based in Naugatuck, Connecticut, with a workforce of 160 dedicated individuals. Their primary mission is to assist handicapped and developmentally disabled individuals. They provide a range of services, including independent living facilities and day programs, with the goal of enhancing the quality of life for those they serve. Their activities are geared towards the well-being and empowerment of their clients, offering a safe and supportive environment for personal growth and development.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Alternatives Inc has received a Three-Star rating from Charity Navigator, indicating a solid evaluation primarily based on its Accountability & Finance score. With an 81% rating in this category, the nonprofit demonstrates strong governance practices, including a fully independent board and comprehensive financial oversight measures.
The organization excels in various aspects of accountability, such as having no material asset diversions and maintaining clear conflict of interest and whistleblower policies. Additionally, its program expense ratio is commendable at approximately 91.62%, reflecting a commitment to utilizing most of its resources for programmatic purposes, which is a significant strength for potential donors.
However, Alternatives Inc's liabilities to assets ratio is relatively low at 74.20%, which may indicate potential financial risk or over-leverage. While the overall financial health is strong, this aspect points to a cautionary note that could be relevant for stakeholders evaluating the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Alternatives Inc legitimate?
Alternatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternatives 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: $194,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,338,140
For more financial information, click here
Official website here: www.none
What is the mission statement of Alternatives Inc?
Alternatives Inc is dedicated to providing services for handicapped and developmentally disabled individuals. Their mission, centered around this population, aims to operate non-institutional independent living facilities and day programs that cater to the unique needs of these individuals. By doing so, they strive to empower and enhance the lives of those who may face challenges in their daily activities.
Official website here: www.none
Who is the CEO of Alternatives Inc?
Kelly Callahan is the Exec Directo of Alternatives Inc.
Official website here: www.none
What is the revenue of Alternatives Inc?
Alternatives Inc's revenue in 2022 was $7,161,594.
Official website here: www.none
Who are the executives of Alternatives Inc and what are their salaries?
The average compensation at Alternatives Inc during 2022 was $28,329. There are 160 employees at Alternatives Inc.
Here are 5 key members and their salaries:
- Compensation: $102,157
- Related: $0
- Other: $11,254
- Compensation: $92,325
- Related: $0
- Other: $4,983
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Alternatives Inc
Alternatives Inc, a non-profit organization, is dedicated to serving individuals who are handicapped or developmentally disabled. This organization's mission is centered around providing non-institutional independent living facilities and day programs, with the aim of promoting independence and quality of life for these individuals. Through their services, Alternatives Inc strives to empower persons with disabilities, enabling them to live with dignity and independence. By offering a range of facilities and programs, this organization is committed to making a significant difference in the lives of those it serves.
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Impact
June, 2024
Alternatives Inc positively impacts the lives of handicapped and developmentally disabled individuals by providing them with essential services, including operating independent living facilities and day programs. Their mission is centered around promoting independence and support for individuals facing mental health challenges, contributing to their overall well-being and quality of life. Their work in Naugatuck, CT, serves as a vital resource for the community and a beacon of support for those in need.
This information is meant to be a general summary of Alternatives 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.
- Program Service Revenue: $4,112,224
- Gross Receipts: $7,161,594
Assets and Liabilities:
- Total Assets: $5,016,279
- Total Liabilities: $3,532,337
- Net Assets: $1,483,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD - DSS
Revenue
$4,112,224
Organization Details
Founding Year
1994
Phone
(203) 272-4009Principal Officer
Kelly Callahan
Main Address
1221 NEW HAVEN ROAD SUITE 1A, NAUGATUCK, CT, 06770
Website
www.noneNTEE Category
Code: F33 - Mental health
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