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Association For The Multiple Impaired Blind Inc

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

EIN: 221923699 ✦ Brick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Association For The Multiple Impaired Blind Inc?

The Association For The Multiple Impaired Blind Inc, located at 35 Beaverson Blvd STE 13, Brick, New Jersey, 08723, is a dedicated nonprofit organization. Their primary mission is to provide care and support for individuals who are multiple impaired blind, enabling them to experience security and fulfillment in their lives. This mission is accomplished through the maintenance of group homes for these individuals. The organization, with a workforce of 159 employees, is committed to making a difference in the lives of those who require specialized care.


Official website here: www.amib.net

What are the reviews and ratings of this charity?

Charity Navigator rating: 96% (Four-Star out of Four Stars)

The Association For The Multiple Impaired Blind Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. This rating highlights the organization’s commitment to transparency and effective financial management, as it scored 96% overall based on these criteria for the most recent fiscal year.

Among the organizational strengths, the charity boasts a highly independent board with 90% of its members being independent, which supports strong governance practices. Furthermore, the charity has a solid program expense ratio of 91.45%, showing that the majority of its funds are directed towards its programs rather than administrative costs. Strong policies regarding conflict of interest, whistleblower protection, and document retention further enhance its credibility.

While there are no significant limitations noted in the data, the overall high scores depict a well-managed nonprofit. The absence of material diversion of assets and a low liabilities to assets ratio of 7.48% suggest a stable financial position, reinforcing the organization's effectiveness in serving its mission.


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

Is Association For The Multiple Impaired Blind Inc legitimate?

Association For The Multiple Impaired Blind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association For The Multiple Impaired Blind 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: $179,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,910,181

For more financial information, click here


Official website here: www.amib.net

What is the mission statement of Association For The Multiple Impaired Blind Inc?

The Association For The Multiple Impaired Blind Inc is dedicated to providing a secure and fulfilling living environment for individuals who are multiple impaired and blind. Their mission is to maintain group homes where these individuals can reside and receive the necessary support to enhance their quality of life. The organization's primary goal is to help these individuals find true security and fulfillment in their lives. Through their efforts, they aim to create an atmosphere of care and compassion, enabling the residents to thrive and reach their full potential. The Association's commitment extends beyond housing, as they also strive to provide resources and assistance to ensure the overall well-being of the individuals they serve.


Official website here: www.amib.net

Who is the CEO of Association For The Multiple Impaired Blind Inc?

Aaron Soto is the Executive Director of Association For The Multiple Impaired Blind Inc.


Official website here: www.amib.net

What is the revenue of Association For The Multiple Impaired Blind Inc?

Association For The Multiple Impaired Blind Inc's revenue in 2022 was $13,786,430.


Official website here: www.amib.net

Who are the executives of Association For The Multiple Impaired Blind Inc and what are their salaries?

The average compensation at Association For The Multiple Impaired Blind Inc during 2022 was $38,300. There are 159 employees at Association For The Multiple Impaired Blind Inc.


Here are 10 key members and their salaries:


Aaron Soto (Executive Director)
  • Compensation: $179,598
  • Related: $0
  • Other: $0
Kenneth J Carson Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Alternative (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward M Gillespie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Muriel Martucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lillian Johnsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Healey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Healey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Malcolm (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Welsh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.amib.net

Where can I find the form 990 for Association For The Multiple Impaired Blind Inc?

Association For The Multiple Impaired Blind Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.amib.net

Learn more at the official website: www.amib.net

Mission Statement of Association For The Multiple Impaired Blind Inc

The Association for the Multiple Impaired Blind, a renowned nonprofit organization, is dedicated to providing a safe and nurturing environment for individuals who are multiple impaired blind. By maintaining group homes, this esteemed institution offers more than just shelter – it strives to help its residents find true security and fulfillment in their lives.

The mission of the Association for the Multiple Impaired Blind is multifaceted. It goes beyond merely housing individuals with multiple impairments and blindness; it is about creating an atmosphere where these individuals can thrive. The organization's commitment extends to aiding its residents in their pursuit of self-sufficiency and overall well-being. This approach ensures that the individuals under its care can live with a sense of dignity and independence.

The Association for the Multiple Impaired Blind is deeply invested in the lives of its residents. Its dedicated team works tirelessly to provide them with the necessary resources and support to help them navigate the challenges of daily life. By offering a nurturing and inclusive environment, the organization empowers its residents to reach their full potential and live their lives to the fullest. Through its unwavering commitment to maintaining group homes and providing essential aid, the Association for the Multiple Impaired Blind plays a pivotal role in enriching the lives of those it serves.

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Impact




October, 2024

The Association for the Multiple Impaired Blind Inc significantly enhances the lives of individuals who are multiple impaired blind by providing safe and supportive group homes. This organization focuses on fostering an environment where residents can experience true security and fulfillment. By addressing the unique needs of these individuals, the Association creates a nurturing community that encourages personal growth, independence, and social interaction. The impact extends beyond basic care, promoting dignity and quality of life for its residents in Brick, NJ. Through its dedicated efforts, the organization empowers individuals to navigate their challenges, ultimately enriching their overall well-being and sense of belonging.




This information is meant to be a general summary of Association For The Multiple Impaired Blind 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
$13,786,430 (2022)
Expenses
$9,314,774 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $48,327
  • Program Service Revenue: $13,365,010
  • Gross Receipts: $13,786,430

Assets and Liabilities:

  • Total Assets: $27,980,356
  • Total Liabilities: $2,297,894
  • Net Assets: $25,682,462

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEE FOR SERVICE REVENUE

Revenue

$13,365,010

Organization Details

Founding Year

1970

Principal Officer

Aaron Soto

Main Address

35 BEAVERSON BLVD STE 13, BRICK, NJ, 08723

NTEE Category

Code: P730 - Human services

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