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Recovery Network Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161682989 ✦ New berlin, WI ✦ Designated as a 501(c)(3)

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Overview

What is Recovery Network Inc?

Recovery Network Inc, located in New Berlin, Wisconsin, is a nonprofit organization dedicated to providing a supportive housing environment for individuals recovering from substance abuse. With a small workforce of 11 employees, they aim to create an atmosphere conducive to long-term recovery. Their mission is centered around helping people regain control of their lives and overcome addiction, offering a safe and nurturing space during the process. Although specific details about their reach and initiatives are not provided, it is clear that Recovery Network Inc is committed to making a positive impact in the fight against substance abuse.


Official website here: www.recoverynetworkmilw.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 69% (Two-Star out of Four Star rating)

Recovery Network Inc has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. While the organization fares well in areas such as board independence and program expense ratio, it struggles significantly in financial transparency, as evidenced by a lack of posted financial statements and policies related to conflict of interest and whistleblower protections.

The charity has a fully independent board, which suggests strong governance. However, the absence of key financial documents and policies raises questions about their operational integrity. Despite these shortcomings, they maintain a solid ratio of liabilities to assets, indicating a manageable financial situation in that regard.

Overall, while Recovery Network Inc demonstrates some positive organizational strengths, particularly in governance, the notable gaps in financial transparency and policy implementation may deter potential donors seeking assurance about the charity's operations.


This AI summary has been generated from information found on Charity Navigator.

Is Recovery Network Inc legitimate?

Recovery Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Recovery Network 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: $250,512

For more financial information, click here


Official website here: www.recoverynetworkmilw.org

What is the mission statement of Recovery Network Inc?

The Recovery Network Inc is committed to establishing a supportive housing environment for individuals as they work toward recovery from substance abuse. The organization's mission is geared towards providing a conducive living space to aid people in their journey towards overcoming addiction. By offering this supportive environment, the Recovery Network Inc aims to empower individuals on their road to recovery and help them rebuild their lives.


Official website here: www.recoverynetworkmilw.org

Who is the CEO of Recovery Network Inc?

James S Valona Ii is the Secretary - of Recovery Network Inc.


Official website here: www.recoverynetworkmilw.org

What is the revenue of Recovery Network Inc?

Recovery Network Inc's revenue in 2022 was $607,535.


Official website here: www.recoverynetworkmilw.org

Who are the executives of Recovery Network Inc and what are their salaries?

The average compensation at Recovery Network Inc during 2022 was $22,774. There are 11 employees at Recovery Network Inc.


Here are 4 key members and their salaries:


Rhonda Armon (Secretary -)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Giannopolous (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James S Valona Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Salvat (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.recoverynetworkmilw.org

Where can I find the form 990 for Recovery Network Inc?

Recovery Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.recoverynetworkmilw.org

Learn more at the official website: www.recoverynetworkmilw.org

Mission Statement of Recovery Network Inc

Recovery Network Inc, a non-profit organization, is committed to providing a supportive housing environment for individuals as they work towards recovery from substance abuse. The mission of this organization is geared towards offering a nurturing living space that facilitates the healing process for those battling addiction. By creating a conducive environment, Recovery Network Inc aims to empower its residents to rebuild their lives and overcome their struggles with substance abuse. The organization's focus is on supporting people during their recovery journey, offering them a safe and secure space to focus on their well-being and make positive changes in their lives.

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Impact




July, 2024

Recovery Network Inc's impact is centered around providing a supportive housing environment for individuals working towards recovery from substance abuse in New Berlin, WI. They play a crucial role in supporting individuals in their journey towards sobriety and mental wellness. By offering a safe and supportive space, they contribute significantly to the recovery process and the overall well-being of those struggling with substance abuse issues. Their focus on mental health and addiction recovery fills a vital need in the community and helps individuals rebuild their lives.




This information is meant to be a general summary of Recovery Network 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.

Revenue
$607,535 (2022)
Expenses
$435,282 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $607,535
  • Gross Receipts: $607,535

Assets and Liabilities:

  • Total Assets: $434,303
  • Total Liabilities: $3,765
  • Net Assets: $430,538

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Organization Details

Founding Year

2003

Principal Officer

James S Valona Ii

Main Address

14955 W CLEVELAND AVE, NEW BERLIN, WI, 53151

NTEE Category

Code: F22 - Mental health

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