Merakey Idd Philadelphia

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

EIN: 222454140 ✦ Lafayette hill, PA ✦ Designated as a 501(c)(3)

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Overview

What is Merakey Idd Philadelphia?

Merakey Idd Philadelphia is a nonprofit organization based in Lafayette Hill, Pennsylvania, dedicated to supporting individuals with intellectual and developmental disabilities. They offer a range of services including full-time residential care, supported living sites, and shared/family living arrangements. Merakey prioritizes community involvement, enabling participants to engage in stimulating activities both within their homes and with other individuals through technology. During the COVID-19 pandemic, they ensured the vaccination of their residents and implemented safety guidelines, infection control measures, and structured on-site and virtual day programming. Their mission is to serve individuals with intellectual developmental disabilities residing primarily in the Philadelphia metropolitan area, providing residential, outpatient, and adult day programs. With a workforce of approximately 608 employees, Merakey strengthens the abilities of their clients through resume development, job interview practice, and improving understanding of remote work demands.


Official website here: www.merakey.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Merakey IDD Philadelphia has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement. The overall score of 66% reflects concerns primarily in governance and financial transparency. Notably, the organization has not achieved any points for having independent board members or a sufficient board size, which are critical for robust oversight.

On a positive note, Merakey IDD Philadelphia has shown strengths in areas such as having comprehensive audit and oversight practices, a clear conflict of interest policy, and effective document retention measures. Additionally, the organization demonstrates a solid commitment to program expenses, indicating that funds are being directed toward its mission.

However, the lack of independent board members and the absence of financial statements on the nonprofit's website are significant weaknesses that could affect donor confidence. The liabilities to assets ratio also raises concern, suggesting potential financial stability issues. Overall, while there are commendable practices in place, the organization needs to enhance its governance structure and transparency to earn a higher rating.


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

Is Merakey Idd Philadelphia legitimate?

Merakey Idd Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merakey Idd Philadelphia 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: $23,627,637

For more financial information, click here


Official website here: www.merakey.org

What is the mission statement of Merakey Idd Philadelphia?

Merakey Idd Philadelphia is dedicated to assisting individuals with intellectual developmental disabilities, serving a wide range of functioning levels. The organization provides residential, outpatient, and adult day programs to cater to their needs. During the pandemic, Merakey prioritized the administration of the COVID-19 vaccine to their residents and hosted family town halls to ensure that families were informed about safety guidelines and prevention strategies. Day programming faced challenges, leading Merakey to develop structured on-site and virtual day programming services to strengthen participants' technological skills. The supported employment program took advantage of the situation to offer resume development, job interview practice, and help individuals understand the demands of remote work.


Official website here: www.merakey.org

Who is the CEO of Merakey Idd Philadelphia?

Derrick Yacovelli is the Treasurer/Secretary of Merakey Idd Philadelphia.


Official website here: www.merakey.org

What is the revenue of Merakey Idd Philadelphia?

Merakey Idd Philadelphia's revenue in 2022 was $40,502,676.


Official website here: www.merakey.org

Who are the executives of Merakey Idd Philadelphia and what are their salaries?

The average compensation at Merakey Idd Philadelphia during 2022 was $38,861. There are 608 employees at Merakey Idd Philadelphia.


Here are 10 key members and their salaries:


Derrick Yacovelli (Treasurer/Secretary)
  • Compensation: $0
  • Related: $669,146
  • Other: $27,049
Terrence Mcnelis (Director)
  • Compensation: $0
  • Related: $491,573
  • Other: $27,212
Betty Boyd (Vice President)
  • Compensation: $0
  • Related: $229,623
  • Other: $14,676
Sylvia Purnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Nix Iii Esq (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Quoi (Direct Support Professiona)
  • Compensation: $102,567
  • Related: $0
  • Other: $18,089
Deborah Briscoe (Direct Support Professiona)
  • Compensation: $114,482
  • Related: $0
  • Other: $15,077
Alexandra Canavan (Regional Executive Directo)
  • Compensation: $110,241
  • Related: $0
  • Other: $20,587
Linda Martin (Nurse)
  • Compensation: $105,258
  • Related: $0
  • Other: $22,729
Reginald Payne (Counselor)
  • Compensation: $117,881
  • Related: $0
  • Other: $10,035


Official website here: www.merakey.org

Where can I find the form 990 for Merakey Idd Philadelphia?

Merakey Idd Philadelphia'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 Idd Philadelphia

Merakey Idd Philadelphia, a leading organization, is dedicated to serving individuals with intellectual and developmental disabilities residing primarily in the Philadelphia metropolitan area. The mission of this esteemed nonprofit is to cater to all functioning levels of these individuals, providing them with essential services that enable them to lead fulfilling lives.

Merakey Idd Philadelphia offers a comprehensive range of programs designed to meet the unique needs of its clients, including full-time residential services, supported living sites, and shared/family living services. The organization prioritizes the involvement of its residents in stimulating community activities, both within the homes and with other individuals, utilizing technology as a valuable tool. During the pandemic, Merakey Idd Philadelphia took significant steps to ensure the safety of its residents, prioritizing them for the administration of the COVID-19 vaccine and hosting a family town hall to inform and educate family members about safety guidelines and infection control strategies.

The pandemic, unfortunately, impacted day programming significantly. In response, Merakey Idd Philadelphia developed structured on-site programming in addition to virtual day programming services. This innovative approach not only strengthened participants' ability to use technology for communication and informational needs but also enhanced their overall experience. The supported employment program seized the opportunity to support individuals with resume development, job interviewing practice, and a better understanding of the demands of remote work.

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Impact




October, 2024

Merakey Idd Philadelphia plays a critical role in enhancing the quality of life for individuals with intellectual and developmental disabilities. By offering full-time residential services, supported living situations, and shared or family living services, they provide a safe and supportive environment that emphasizes community engagement and individual growth.

Their commitment to ensuring participation in stimulating community activities fosters social inclusion. The organization has adapted to challenges presented by the pandemic by maintaining safety protocols, prioritizing vaccinations, and enhancing virtual programming. This proactive approach not only safeguards the health of residents but also empowers them to utilize technology for communication and daily living needs.

Moreover, the supported employment program equips individuals with essential skills such as resume writing and job interviewing, helping to bridge the gap between training and employment. This initiative acknowledges the changing landscape of work, particularly the shift towards remote opportunities, thereby preparing participants for current job market demands. Overall, Merakey Idd Philadelphia significantly uplifts and supports a vulnerable population, facilitating their independence and inclusion in the broader community.




This information is meant to be a general summary of Merakey Idd Philadelphia. 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
$40,502,676 (2022)
Expenses
$41,975,106 (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: $38,692,804
  • Gross Receipts: $40,502,676

Assets and Liabilities:

  • Total Assets: $9,402,919
  • Total Liabilities: $15,473,566
  • Net Assets: -$6,070,647

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Programs

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

MEDICAL ASSISTANCE

Revenue

$37,488,277

RENTAL INCOME

Revenue

$1,202,521

GOVERNMENT

Revenue

$2,006

Organization Details

Founding Year

1985

Principal Officer

Derrick Yacovelli

Main Address

620 E GERMANTOWN PIKE, LAFAYETTE HILL, PA, 19444

NTEE Category

Code: P70 - Human services

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