Overview
What is Yonkers Residential Center Inc?
Yonkers Residential Center Inc, situated in Yonkers, New York, serves as a refuge for homeless and emotionally disturbed children, as well as parenting teens. Referred by the courts, probation, and the Department of Social Services, the center provides not just food and shelter, but a comprehensive range of social services and programs to cater to the needs of young adults grappling with substance abuse and psychological issues. The primary objective of Yonkers Residential Center Inc's services is to offer an opportunity for adolescents who are unable to live at home due to various challenges. With a small team of dedicated individuals, this nonprofit organization strives to provide a supportive environment for their young clients, aiming to help them overcome their struggles and reintegrate into society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.
Yonkers Residential Center Inc received a low score of 41%, primarily due to its accountability and finance practices. While the organization boasts a fully independent board with a good size and no reported diversion of assets, it has significant shortcomings in transparency and governance policies, reflected in the missing conflict of interest, whistleblower, and document retention policies.
The lack of a listed website on its tax form and failure to post its tax documents online further detracts from its financial accountability. Additionally, the organization has a concerning liabilities to assets ratio of 104.57%, indicating potential financial instability. Although it does manage a reasonable program expense ratio of 56.13%, the overall financial practices raise red flags regarding its operational effectiveness and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Yonkers Residential Center Inc legitimate?
Yonkers Residential Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yonkers Residential Center 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: $53,544
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Yonkers Residential Center Inc?
Yonkers Residential Center Inc, through its services, aims to offer an opportunity for adolescents who find it challenging to live at home due to various issues. The center provides food, shelter, and a broad spectrum of social services and programs to cater to the needs of young adults dealing with substance abuse and psychological problems. Their mission extends beyond basic necessities, as they strive to help these individuals in their recovery journey, ensuring they can thrive in their personal lives. The center's group homes are referrals from courts, probation, and the Department of Social Services, thus providing a supportive environment for emotionally disturbed children and parenting teens.
Who is the CEO of Yonkers Residential Center Inc?
Robert Corke is the Executive Di of Yonkers Residential Center Inc.
What is the revenue of Yonkers Residential Center Inc?
Yonkers Residential Center Inc's revenue in 2022 was $460,520.
Who are the executives of Yonkers Residential Center Inc and what are their salaries?
The average compensation at Yonkers Residential Center Inc during 2022 was $53,544. There is 1 employee at Yonkers Residential Center Inc.
Here are 5 key members and their salaries:
- Compensation: $53,544
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yonkers Residential Center Inc?
Yonkers Residential Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yonkers Residential Center Inc
Yonkers Residential Center Inc, a nonprofit organization, is committed to offering a broad array of social services and programs aimed at addressing the needs of young adults struggling with substance abuse and psychological issues. The center's mission is multifaceted, striving to provide an opportunity for adolescents who are unable to reside at home due to various challenges. By offering group homes for homeless and emotionally disturbed children, as well as parenting teens, Yonkers Residential Center Inc serves as a refuge for those in need, often referred by the courts, probation, and the Department of Social Services. The ultimate goal of all services provided by this nonprofit organization is to offer a chance for these young adults to rebuild their lives and overcome the obstacles they face.
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Impact
July, 2024
Yonkers Residential Center Inc makes a significant impact in the Yonkers community by providing essential social services and programs for young adults facing substance abuse and psychological challenges. They offer group homes for homeless and emotionally disturbed children, as well as support for parenting teens who are referred by the courts, probation, and the Department of Social Services. By offering food, shelter, and a range of services, Yonkers Residential Center strives to provide adolescents with the opportunity to overcome various obstacles and build a better future for themselves. Their work directly addresses the needs of vulnerable populations, making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Yonkers Residential Center 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.
- Gross Receipts: $460,520
Assets and Liabilities:
- Total Assets: $761,218
- Total Liabilities: $814,583
- Net Assets: -$53,365
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Organization Details
Phone
(914) 476-6502Principal Officer
Robert Corke
Main Address
317 SOUTH BROADWAY, YONKERS, NY, 10705
NTEE Category
Code: P70 - Human services
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