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Swrs Inc

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

EIN: 200161359 ✦ Cheyenne, WY ✦ Designated as a 501(c)(3)

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Overview

What is Swrs Inc?

Swrs Inc, located at 1780 Westland Road, Cheyenne, Wyoming 82001, is a nonprofit organization with a specific mission. Primarily, it serves as a property holder, leasing its real estate to Magic City Enterprises Inc, a corporation dedicated to offering rehabilitation services for developmentally disabled adults in Wyoming. By providing this property, Swrs Inc supports Magic City Enterprises Inc's mission to enhance the lives and capabilities of these individuals, contributing to their overall well-being and integration within the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement - 73% (Two-Star out of Four Star rating)

Swrs Inc has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 73%. This rating reflects a solid performance in accountability and finance, particularly noted for having 100% of its board members being independent and maintaining a zero percent liability to assets ratio. The organization's commitment to using all of its expenses toward programs showcases a strong dedication to its mission.

However, several critical governance policies are missing, which negatively impacts its score. Notably, there is a lack of a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Additionally, the organization's website is not listed on its tax form, and required financial documents are not available online, which raises concerns about transparency.

Despite these limitations, the organization does keep minutes for board meetings, indicating some level of accountability. For potential donors and stakeholders, while the strong program expense ratio is a positive aspect, the gaps in governance practices may warrant further evaluation before engagement.


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

Is Swrs Inc legitimate?

Swrs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Swrs 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: $0

For more financial information, click here

What is the mission statement of Swrs Inc?

Swrs Inc's primary role is to support a corporation, Magic City Enterprises Inc., in its mission of providing rehabilitation services to developmentally disabled adults in Wyoming. To accomplish this, Swrs Inc holds real property and rents it to Magic City Enterprises Inc. This strategic arrangement enables the latter to effectively carry out its purpose of offering rehabilitation services to this vulnerable group. Swrs Inc's actions essentially contribute to the betterment of the lives of developmentally disabled adults in Wyoming, helping them overcome their challenges and enhance their quality of life.

Who is the CEO of Swrs Inc?

Chuck Seniawski is the Member of Swrs Inc.

What is the revenue of Swrs Inc?

Swrs Inc's revenue in 2023 was $4,756.

Who are the executives of Swrs Inc and what are their salaries?


Here are 7 key members and their salaries:


Terri Lorenzon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madoka Grenvik (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Lindeman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint O'Connor (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Gorman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Godfrey (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Seniawski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Swrs Inc?

Swrs Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Swrs Inc

SWRs Inc, a nonprofit organization, is dedicated to supporting the mission of Magic City Enterprises Inc Wyoming. The primary focus of SWRs Inc is to hold and rent real property to Magic City Enterprises Inc. This act serves to further Magic City Enterprises Inc's purpose, which is to provide rehabilitation services to developmentally disabled adults in Wyoming. By leasing property to Magic City Enterprises Inc, SWRs Inc contributes to the provision of essential rehabilitation services for this vulnerable population, aiming to enhance their quality of life and facilitate their integration into society.

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Impact




October, 2024

Swrs Inc plays a crucial role in supporting the rehabilitation of developmentally disabled adults in Wyoming. By acquiring and renting real property to Magic City Enterprises Inc, it ensures that vital services and resources are available for individuals in need. This partnership facilitates the provision of essential rehabilitation services, enhancing the quality of life for those served and fostering greater independence and integration within the community. By holding and managing real estate, Swrs Inc effectively contributes to the stability and sustainability of programs that prioritize human services and support for vulnerable populations.




This information is meant to be a general summary of Swrs 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
$4,756 (2023)
Expenses
$1,179,866 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,756
  • Gross Receipts: $4,756

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2003

Principal Officer

Chuck Seniawski

Main Address

1780 WESTLAND ROAD, CHEYENNE, WY, 82001

NTEE Category

Code: P117 - Human services

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