Overview
What is Depaul Group Inc?
Depaul Group Inc, based in Rochester, New York, serves as a parent corporation, offering administrative support to various affiliated nonprofit and for-profit organizations. By doing so, it helps these entities advance their strategic goals and missions. Specifically, Depaul Group, Inc. acts as a sole shareholder for these corporations, ensuring their smooth operation and alignment with their respective objectives. The organization currently employs 78 individuals, demonstrating its commitment to its affiliates' success.
Official website here: www.depaul.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Depaul Group Inc has received a low score of 56% from Charity Navigator, resulting in a One-Star rating. While the organization demonstrates strong governance practices, such as having a fully independent board and comprehensive policies in place for conflict of interest and whistleblowing, their financial accountability raises concerns. The audit and oversight committee's effectiveness appears robust, but significant issues exist in program expenses and liabilities.
The organization's program expense ratio stands at an alarming 0.00%, indicating that none of its budget is allocated towards program services, which is a critical aspect of nonprofit operations. Additionally, the liabilities to assets ratio is excessively high at 107.80%, signaling potential financial instability and risk for future operations.
Despite the organization’s strengths in governance practices, the financial metrics are concerning and suggest a need for improvement in the allocation of resources towards its mission-driven programs. Stakeholders and potential donors should carefully consider these factors when evaluating the effectiveness and sustainability of Depaul Group Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Depaul Group Inc legitimate?
Depaul Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Depaul Group 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $775,610
For more financial information, click here
Official website here: www.depaul.org
What is the mission statement of Depaul Group Inc?
Depaul Group Inc, as a parent corporation, offers administrative support to advance the strategic objectives and missions of its affiliated non-profit and for-profit organizations. The primary role of DePaul Group Inc is to reinforce the charitable goals and purposes of these corporations, all of which it is the sole shareholder. The organization's activities are geared towards enabling its affiliated entities to effectively carry out their respective missions and make a positive impact in their respective fields.
Official website here: www.depaul.org
What is the revenue of Depaul Group Inc?
Depaul Group Inc's revenue in 2023 was $2,186,760.
Official website here: www.depaul.org
Who are the executives of Depaul Group Inc and what are their salaries?
The average compensation at Depaul Group Inc during 2023 was $9,233. There are 84 employees and 14 volunteers at Depaul Group Inc.
Here are 26 key members and their salaries:
- Compensation: $1,018,355
- Related: $0
- Other: $35,750
- Compensation: $408,352
- Related: $0
- Other: $5,131
- Compensation: $237,900
- Related: $0
- Other: $13,876
- Compensation: $223,901
- Related: $0
- Other: $8,970
- Compensation: $225,990
- Related: $0
- Other: $6,047
- Compensation: $189,864
- Related: $0
- Other: $8,932
- Compensation: $123,733
- Related: $0
- Other: $8,970
- Compensation: $116,612
- Related: $0
- Other: $8,970
- Compensation: $112,997
- Related: $0
- Other: $8,970
- Compensation: $100,144
- Related: $0
- Other: $8,700
- Compensation: $100,874
- Related: $0
- Other: $6,047
- Compensation: $104,726
- Related: $0
- Other: $152
- 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
- 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
- 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.depaul.org
Where can I find the form 990 for Depaul Group Inc?
Depaul Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.depaul.org
Learn more at the official website: www.depaul.org
Mission Statement of Depaul Group Inc
The Depaul Group Inc is a parent corporation that plays a crucial role in supporting various affiliated non-profit and for-profit organizations. By providing administrative assistance, it helps further the strategic goals and missions of these corporations. Specifically, the Depaul Group Inc serves as a sole shareholder for several 501(c)3 non-profit corporations, thereby contributing to their charitable endeavors. In essence, the Depaul Group Inc functions as a supportive backbone, enabling its affiliated organizations to focus on their respective missions more effectively.
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Impact
June, 2024
Depaul Group Inc plays a crucial role in providing administrative support to further the strategic purposes and missions of its affiliates. By supporting affiliated 501(c)3 corporations and affiliated for-profit corporations, Depaul Group Inc contributes to the advancement of various initiatives and causes, particularly in the field of mental health. Through its administrative assistance, Depaul Group Inc enables its affiliates to focus on their core missions and objectives, ultimately making a positive impact on the communities they serve.
This information is meant to be a general summary of Depaul Group 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 2023.
- Investment Income: $767,090
- Program Service Revenue: $1,389,823
- Gross Receipts: $16,374,891
Assets and Liabilities:
- Total Assets: $19,056,708
- Total Liabilities: $20,544,886
- Net Assets: -$1,488,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Fees from Affiliates
Revenue
$973,092
Lease Income from Affiliates
Revenue
$416,731
Organization Details
Founding Year
1991
Principal Officer
Kelly Thompson
Website
www.depaul.orgNTEE Category
Code: F30 - Mental health
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