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Iron Recovery And Wellness Center

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

EIN: 222511879 ✦ Trenton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Iron Recovery And Wellness Center?

The Iron Recovery and Wellness Center, overseen by New Horizon Treatment Services, is a nonprofit organization dedicated to combating the ruinous effects of addiction. Their mission is to save lives by offering a range of programs aimed at recovery and wellness. With a focus on alleviating the destruction brought about by addiction, the Center stands as a beacon of hope for those seeking a path to recovery.


Official website here: www.ironwellness.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating on Charity Navigator.

Iron Recovery And Wellness Center has achieved a Three-Star rating due to its strong performance in the Accountability and Finance category, scoring 81%. This high score indicates that the organization is committed to transparency and responsible financial management, with all board members being independent and a robust set of governance policies in place. The program expense ratio is particularly impressive at 87.91%, suggesting that a significant portion of their funds is directed towards their programs.

However, the organization faces challenges reflected in its liabilities to assets ratio, which stands at 126.15%. This figure indicates that the organization may have more liabilities than assets, raising potential concerns about financial stability. While their accountability practices are commendable, the financial health indicated by this ratio is an area that needs attention.

Overall, Iron Recovery And Wellness Center demonstrates a solid commitment to governance and program effectiveness, though its financial liabilities warrant caution. Continued efforts in improving its balance sheet could further strengthen its reputation and operational sustainability in the nonprofit sector.


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

Is Iron Recovery And Wellness Center legitimate?

Iron Recovery And Wellness Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Recovery And Wellness Center 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


Official website here: www.ironwellness.org

What is the mission statement of Iron Recovery And Wellness Center?

The Iron Recovery and Wellness Center is dedicated to the mission of rescuing lives from the destruction caused by addiction. Through its various programs, the center aims to save individuals from the devastating effects of addiction. In essence, the Iron Recovery and Wellness Center is focused on providing recovery services to help those struggling with addiction regain control of their lives.


Official website here: www.ironwellness.org

Who is the CEO of Iron Recovery And Wellness Center?

Lynn Kovich is the Trustee of Iron Recovery And Wellness Center.


Official website here: www.ironwellness.org

What is the revenue of Iron Recovery And Wellness Center?

Iron Recovery And Wellness Center's revenue in 2022 was $5,590,877.


Official website here: www.ironwellness.org

Who are the executives of Iron Recovery And Wellness Center and what are their salaries?

There 4 volunteers at Iron Recovery And Wellness Center.


Here are 15 key members and their salaries:


Ryan D Smith (Trustee)
  • Compensation: $5,994
  • Related: $1,425,559
  • Other: $11,560
Cindy Bertrando (Treasurer Until 2/22)
  • Compensation: $0
  • Related: $969,026
  • Other: $12,062
Thomas S Papa (Treasurer)
  • Compensation: $0
  • Related: $224,364
  • Other: $3,992
Charles Wolfe (Executive Director)
  • Compensation: $132,661
  • Related: $0
  • Other: $1,211
Andrea Connor (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Gaughan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farha Major (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Mann (Trustee Until 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexa Mcgrath (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer P Gassen (Secretary)
  • Compensation: $0
  • Related: $147,653
  • Other: $11,138
Jeffrey Giovino (Executive Vp And Coo)
  • Compensation: $8,105
  • Related: $897,961
  • Other: $7,139
Ryan Kraus (Former Treasurer)
  • Compensation: $0
  • Related: $906,728
  • Other: $16,161
John H Deppeler Iv (Former Trustee)
  • Compensation: $0
  • Related: $288,583
  • Other: $4,324
Theresa Wilson (Vice President)
  • Compensation: $0
  • Related: $322,054
  • Other: $16,847
Lynn Kovich (Former Executive Director)
  • Compensation: $0
  • Related: $207,006
  • Other: $6,850


Official website here: www.ironwellness.org

Where can I find the form 990 for Iron Recovery And Wellness Center?

Iron Recovery And Wellness Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ironwellness.org

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

Mission Statement of Iron Recovery And Wellness Center

The Iron Recovery and Wellness Center, a renowned nonprofit organization, is dedicated to the mission of saving lives from the destruction caused by addiction. This mission is carried out through the programs they offer, as stated by New Horizon Treatment Services. By providing these life-saving services, the center aims to alleviate the devastation that addiction brings to individuals and their families.

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Impact




June, 2024

Iron Recovery And Wellness Center has had a significant impact on saving lives from the devastation of addiction in Trenton, NJ. Through its programs and services, the center has provided crucial support and treatment for individuals struggling with addiction, leading to improved mental health and overall well-being for many in the community. The center's dedication to this mission has positively influenced the lives of those it serves, offering hope, recovery, and a path towards a healthier future.




This information is meant to be a general summary of Iron Recovery And Wellness Center. 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
$5,590,877 (2022)
Expenses
$5,594,348 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$51,964
  • Program Service Revenue: $3,294,982
  • Gross Receipts: $5,642,858

Assets and Liabilities:

  • Total Assets: $2,095,508
  • Total Liabilities: $2,754,746
  • Net Assets: -$659,238

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Programs

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

Rehabilitative Revenue

Revenue

$3,294,982

Organization Details

Founding Year

1984

Principal Officer

Lynn Kovich

Main Address

132 Perry Street, Trenton, NJ, 08618

NTEE Category

Code: F200 - Mental health

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