Overview
What is Merakey New Jersey?
Merakey New Jersey is a nonprofit organization based in New Jersey that focuses on supporting individuals with intellectual and developmental disabilities in residential settings throughout the state. Due to distancing requirements during the pandemic, they saw the isolation as an opportunity to enhance technology use for both staff and the individuals they serve. Tablets were provided to ensure residents and staff could stay connected with their families, friends, and community. With a workforce of 252 employees, Merakey New Jersey is dedicated to delivering services to those in need in New Jersey.
Official website here: www.merakey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Merakey New Jersey has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement with an overall score of 66%. While the organization demonstrates strong governance practices, such as having a well-structured audit and oversight committee and policies for conflict of interest and whistleblowing, it falls short in areas related to board independence and financial transparency.
The nonprofit does not have any majority independent board members and has a low score on the independent board size, which may raise concerns about its governance structure. Additionally, the organization's liabilities to assets ratio is notably low, which could suggest potential financial stability issues. However, the program expense ratio is commendable, indicating that funds are being used effectively for program services.
Despite these challenges, Merakey New Jersey appears committed to maintaining accountability through its financial oversight and transparency practices. The high salaries of key personnel may warrant further scrutiny, as they represent a significant portion of the organization's budget and could impact perceptions about its financial management and priorities. Overall, while the organization has strengths in certain areas, it faces considerable challenges that necessitate attention and improvements.
This AI summary has been generated from information found on Charity Navigator.
Is Merakey New Jersey legitimate?
Merakey New Jersey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merakey New Jersey 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: $10,067,264
For more financial information, click here
Official website here: www.merakey.org
What is the mission statement of Merakey New Jersey?
Merakey New Jersey focuses on serving individuals with intellectual and developmental disabilities in New Jersey. Despite the challenges brought about by the pandemic, Merakey New Jersey saw an opportunity to enhance the use of technology for both staff and those under their care. To keep everyone connected, tablets were equipped in their homes to facilitate communication with one another, their families, friends, and community. In essence, Merakey New Jersey aims to provide essential services to those with intellectual and developmental disabilities, embracing technology to ensure continued support during times of isolation.
Official website here: www.merakey.org
Who is the CEO of Merakey New Jersey?
Joseph Martz is the President/Ceo of Merakey New Jersey. The CEO's salary of Merakey New Jersey is $0 and their total compensation is $1,132,565.
Official website here: www.merakey.org
What is the revenue of Merakey New Jersey?
Merakey New Jersey's revenue in 2022 was $15,992,317.
Official website here: www.merakey.org
Who are the executives of Merakey New Jersey and what are their salaries?
The average compensation at Merakey New Jersey during 2022 was $39,949. There are 252 employees at Merakey New Jersey.
Here are 10 key members and their salaries (Merakey New Jersey's CEO's salary is $0 and their total compensation is $1,132,565):
- Compensation: $0
- Related: $1,092,746
- Other: $39,819
- Compensation: $0
- Related: $669,146
- Other: $27,049
- Compensation: $0
- Related: $491,573
- Other: $27,212
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $451,211
- Other: $21,226
- Compensation: $147,490
- Related: $0
- Other: $11,166
- Compensation: $160,903
- Related: $0
- Other: $797
- Compensation: $136,490
- Related: $0
- Other: $22,704
- Compensation: $137,643
- Related: $0
- Other: $8,811
- Compensation: $137,079
- Related: $0
- Other: $10,666
Official website here: www.merakey.org
Where can I find the form 990 for Merakey New Jersey?
Merakey New Jersey's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merakey.org
Learn more at the official website: www.merakey.org
Mission Statement of Merakey New Jersey
Merakey New Jersey, a dedicated organization, is committed to providing essential services to the residents of New Jersey living with intellectual and developmental disabilities. Despite the challenges posed by the pandemic, Merakey New Jersey saw it as an opportunity to enhance the use of technology for both its staff and the individuals they serve.
In response to the distancing requirements, Merakey New Jersey shifted its approach to ensure that its residents remained connected to their loved ones, friends, and community. Homes were equipped with tablets to foster communication and help individuals adapt to the new normal. This innovative move not only allowed for continued interaction but also provided a means for residents to stay engaged with their daily routines and activities.
Merakey New Jersey's team of dedicated professionals supports individuals with intellectual and developmental disabilities in various residential settings throughout the state. Through this unwavering commitment, the organization ensures that these individuals receive the care, resources, and opportunities they need to thrive. By focusing on the use of technology during the pandemic, Merakey New Jersey has shown its agility in adapting to ever-changing circumstances and its dedication to the well-being of those it serves.
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Impact
October, 2024
Merakey New Jersey has a significant impact on the lives of individuals with intellectual and developmental disabilities across the state. By providing tailored residential services, it ensures that residents receive the support they need in their everyday lives. During the challenges posed by the pandemic, Merakey adapted by leveraging technology, equipping homes with tablets to keep residents connected to their families and communities. This innovative approach not only maintained vital social connections but also enhanced the comfort levels of both staff and individuals with technology. As a result, Merakey New Jersey plays a vital role in fostering community, inclusivity, and continuity of care for individuals facing unique challenges, thereby improving their overall quality of life.
This information is meant to be a general summary of Merakey New Jersey. 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.
- Program Service Revenue: $15,992,317
- Gross Receipts: $15,992,317
Assets and Liabilities:
- Total Assets: $3,320,725
- Total Liabilities: $3,958,365
- Net Assets: -$637,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL ASSISTANCE
Revenue
$14,612,789
CLIENT RENTS
Revenue
$592,582
GOVERNMENT
Revenue
$441,500
OTHER PROGRAM FUNDED REVENUE
Revenue
$345,446
Organization Details
Founding Year
1981
Phone
(610) 260-4600Principal Officer
Joseph Martz
Main Address
620 E GERMANTOWN PIKE, LAFAYETTE HILL, PA, 19444
Website
www.merakey.orgNTEE Category
Code: F32 - Mental health
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