Overview
What is Geer Corporation?
Geer Corporation serves as a guiding force for four affiliated organizations, offering financial, strategic, and operational guidance. Established in Canaan, Connecticut, the nonprofit organization's primary mission is centered around providing care and support to the elderly and disabled residents of the tri-state area. With a dedicated team of 15 professionals, Geer Corporation aims to console, treat, strengthen, and revitalize the physical, mental, and spiritual well-being of its beneficiaries. The corporation's management oversight ensures that all affiliated organizations operate efficiently and effectively, ultimately contributing to the betterment of the community they serve.
Official website here: www.geercares.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Geer Corporation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scores impressively on various metrics, particularly with a 100% program expense ratio, meaning all of its expenses are directed towards its programs. Additional strengths include a fully independent board, with all members (10 out of 10) meeting the criteria, and no instances of material diversion of assets, showcasing high standards of governance.
The charity has also effectively implemented necessary policies, such as conflict of interest and document retention protocols, which are fully documented and accessible. This level of transparency is essential for maintaining donor trust and ensuring ethical operations. Moreover, the organization’s liabilities to assets ratio is favorable at 47.16%, suggesting a manageable level of debt relative to its total assets, further enhancing its financial health.
While the rating highlights significant strengths, the overall score is derived solely from one beacon score, which may limit a more comprehensive assessment of the charity’s impact and effectiveness in fulfilling its mission. Nonetheless, the available information reflects a well-managed organization dedicated to accountability and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Geer Corporation legitimate?
Geer Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geer Corporation 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: $286,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $526,538
For more financial information, click here
Official website here: www.geercares.org
What is the mission statement of Geer Corporation?
Geer Corporation, acting as a management overseer, is associated with several organizations. The primary mission of Geer Corporation, comprised of healing professionals, is to offer comfort, treatment, strengthening, and revitalization to the elderly and disabled residents in a three-state area. Their work encompasses addressing both the physical and mental well-being of these individuals. Geer Corporation provides financial, strategic, and operational guidance to its affiliated organizations, ensuring their efficient functioning.
Official website here: www.geercares.org
Who is the CEO of Geer Corporation?
Shaun Powell is the Chair of Geer Corporation. The CEO's salary of Geer Corporation is $0 and their total compensation is $190,764.
Official website here: www.geercares.org
What is the revenue of Geer Corporation?
Geer Corporation's revenue in 2022 was $1,357,416.
Official website here: www.geercares.org
Who are the executives of Geer Corporation and what are their salaries?
The average compensation at Geer Corporation during 2022 was $54,202. There are 15 employees and 10 volunteers at Geer Corporation.
Here are 15 key members and their salaries (Geer Corporation's CEO's salary is $0 and their total compensation is $190,764):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $171,962
- Other: $18,802
- Compensation: $151,508
- Related: $0
- Other: $3,690
- Compensation: $109,323
- Related: $0
- Other: $16,527
- Compensation: $121,417
- Related: $0
- Other: $13,843
Official website here: www.geercares.org
Where can I find the form 990 for Geer Corporation?
Geer Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.geercares.org
Learn more at the official website: www.geercares.org
Mission Statement of Geer Corporation
Geer Corporation, a community of healing professionals, is dedicated to consoling, treating, strengthening, and refreshing the bodies, minds, and spirits of the elderly and disabled residents in the tri-state area. This nonprofit organization serves as a guiding force, providing management oversight to four affiliated organizations. Their role encompasses financial management, strategic and operational planning, development, and supervision, ensuring the smooth functioning and success of these organizations. Geer Corporation's mission is to contribute positively to the well-being of its target population, offering a holistic approach to healing and support.
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Impact
July, 2024
Geer Corporation plays a crucial role in the management oversight of affiliated organizations, focusing on finance, strategic and operational planning, development, and supervision. Specifically, Geer Corporation is dedicated to supporting the well-being of elderly and disabled residents in the Tri-State area through a community of healing professionals. By providing essential services and guidance to these affiliated organizations, Geer Corporation directly impacts the lives of individuals in need of physical, mental, and emotional support. Their mission to console, treat, strengthen, and refresh individuals reflects a commitment to enhancing the quality of life for vulnerable populations in their community.
This information is meant to be a general summary of Geer Corporation. 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: $404,915
- Program Service Revenue: $920,979
- Gross Receipts: $1,770,263
Assets and Liabilities:
- Total Assets: $2,226,127
- Total Liabilities: $803,174
- Net Assets: $1,422,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$920,979
Organization Details
Founding Year
1988
Phone
(860) 824-5137Principal Officer
Shaun Powell
Main Address
99 SOUTH CANAAN ROAD, CANAAN, CT, 06018
Website
www.geercares.orgNTEE Category
Code: E91 - Health
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