Overview
What is Challenge Industries Inc?
Challenge Industries Inc, located in Ithaca, New York, is a nonprofit organization dedicated to empowering individuals with disabilities and various employment barriers. They achieve this mission through vocational rehabilitation, offering employment opportunities through their social enterprises. These enterprises, including shredding, contract production, and contract staffing, provide integrated work settings for program participants. Here, individuals can develop marketable skills and gain valuable work experience. With a team of 160 employees, Challenge Industries Inc plays a crucial role in enhancing the employability of its participants, contributing positively to their communities.
Official website here: www.aboutchallenge.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating from Charity Navigator.
Challenge Industries Inc has achieved a high score of 96%, indicating strong performance in accountability and finance. The organization's overall rating is primarily driven by its excellent financial practices, ensuring transparency and responsible management of funds. The independent board consists of 83% independent members, contributing to unbiased governance and oversight.
The charity excels in several key areas, including the absence of material diversion of assets and a strong audit and oversight committee, which received full marks. Additionally, it has robust policies in place for conflict of interest, whistleblowing, and document retention, further demonstrating a commitment to ethical operations. A program expense ratio of 73.69% highlights a significant portion of funds directed towards its programs.
Overall, while Challenge Industries Inc showcases strong financial accountability and a commitment to best practices, the feedback does not indicate any noted limitations or concerns from users. This positive evaluation reflects trust in the organization’s ability to manage resources effectively and fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Challenge Industries Inc?
86% of the 18 reviewers on Facebook recommend Challenge Industries Inc. Here is a summary of their reviews:
Many users express a positive view of their collaboration with Challenge Industries, particularly highlighting strong working relationships. One notable mention comes from Bo's Bones Organic Dog Biscuits, which emphasizes a fruitful and supportive partnership with Challenge Workplace Solutions.
Overall, the sentiments suggest that Challenge Industries delivers quality services and fosters connections that benefit both their clients and partners.
This AI summary has been generated from reviews found on Facebook.
Is Challenge Industries Inc legitimate?
Challenge Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Challenge Industries 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: $228,557
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,462,470
For more financial information, click here
Official website here: www.aboutchallenge.org
What is the mission statement of Challenge Industries Inc?
Challenge Industries Inc's mission is centered around providing rehabilitation and employment services to individuals with disabilities and other employment barriers. Their primary goal is to facilitate habilitation, aiding individuals in acquiring and improving skills necessary for employment. The organization operates through social enterprises, which offer integrated work settings. In these settings, participants can develop marketable skills and gain valuable work experience. These businesses play a significant role in Challenge Industries Inc's operations, enabling them to offer employment opportunities to individuals facing various barriers to employment.
Official website here: www.aboutchallenge.org
Who is the CEO of Challenge Industries Inc?
Robert Iszard is the Principal Officer of Challenge Industries Inc. The CEO's salary of Challenge Industries Inc is $228,557 and their total compensation is $254,301.
Official website here: www.aboutchallenge.org
What is the revenue of Challenge Industries Inc?
Challenge Industries Inc's revenue in 2022 was $4,448,766.
Official website here: www.aboutchallenge.org
Who are the executives of Challenge Industries Inc and what are their salaries?
The average compensation at Challenge Industries Inc during 2022 was $10,569. There are 160 employees and 5 volunteers at Challenge Industries Inc.
Here are 6 key members and their salaries (Challenge Industries Inc's CEO's salary is $228,557 and their total compensation is $254,301):
- Compensation: $228,557
- Related: $0
- Other: $25,744
- Compensation: $0
- 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
Official website here: www.aboutchallenge.org
Where can I find the form 990 for Challenge Industries Inc?
Challenge Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aboutchallenge.org
Learn more at the official website: www.aboutchallenge.org
Mission Statement of Challenge Industries Inc
Challenge Industries Inc, a nonprofit organization, is dedicated to providing habilitation, rehabilitation, and employment services to individuals with disabilities and other employment barriers. Their mission is to create an inclusive environment where these individuals can develop marketable skills and gain valuable work experience through integrated work settings. The organization operates three social enterprises, including Shredding and Contract Production (pre-vocational), and Contract Staffing, which serve as fundamental components of their operation. By offering employment opportunities through these enterprises, Challenge Industries Inc aims to empower individuals with disabilities and help them overcome any social, economic, or other barriers to employment, thereby enhancing their overall quality of life.
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Impact
October, 2024
Challenge Industries Inc significantly impacts the community by providing integrated work settings that empower individuals with disabilities and those facing various employment barriers. Through their social enterprises, such as shredding and contract production, participants can develop marketable skills and gain valuable work experience. This approach not only enhances the employability of these individuals but also fosters a more inclusive workforce.
By offering employment opportunities tailored to those who often encounter challenges in securing jobs, Challenge Industries plays a crucial role in addressing the social and economic disparities that affect many. The organization prioritizes habilitation and rehabilitation, ensuring that individuals are equipped with the tools and support they need to succeed in the job market. Overall, Challenge Industries Inc is instrumental in creating pathways to employment, enhancing the lives of participants, and contributing to a more equitable society in Ithaca, NY.
This information is meant to be a general summary of Challenge Industries 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: -$73,721
- Program Service Revenue: $2,962,964
- Gross Receipts: $4,563,082
Assets and Liabilities:
- Total Assets: $4,165,968
- Total Liabilities: $1,743,826
- Net Assets: $2,422,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVS SERVICE & CONTRACT
Revenue
$1,488,437
SE SERVICE & CONTRACT
Revenue
$850,199
FUNDING REVENUE
Revenue
$316,567
FMAP
Revenue
$286,769
HCW
Revenue
$20,992
Organization Details
Founding Year
1968
Phone
(607) 272-8990Principal Officer
Robert Iszard
Main Address
950 DANBY ROAD SUITE 179, ITHACA, NY, 14850
Website
www.aboutchallenge.orgNTEE Category
Code: J33Z - Employment
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