Overview
What is Spectrum For Living Development Inc?
Spectrum For Living Development Inc, located at 210 Rivervale Road Suite 3, River Vale, New Jersey, is a nonprofit organization dedicated to providing housing facilities and customized services for 341 developmentally disabled adults. The organization, which employs 688 individuals, aims to promote their physical, special, and psychological well-being, ensuring their health, security, happiness, and usefulness in longer living. The mission of Spectrum For Living Development Inc is to enable individuals with developmental and/or physical disabilities to reach their highest level of skills, purpose, and independence.
Official website here: www.spectrumforliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Spectrum For Living Development Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial integrity. The organization's overall score, based solely on its Accountability & Finance metrics, indicates that it effectively manages its resources and governance practices, which are critical for maintaining donor trust and support.
The nonprofit boasts a fully independent board of directors, which enhances its governance quality, and demonstrates a solid financial footing with a low liabilities-to-assets ratio. Additionally, the organization has successfully implemented key policies, including conflict of interest and whistleblower protections, ensuring a transparent operational environment.
One notable strength is its high program expense ratio of 87.46%, suggesting that a significant portion of its funds is directed towards mission-related activities rather than administrative costs. Overall, Spectrum For Living Development Inc stands out as a well-managed charity, although specific program outcomes and impact assessments could provide a more comprehensive view of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Spectrum For Living Development Inc legitimate?
Spectrum For Living Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spectrum For Living Development 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: $562,110
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,991,520
For more financial information, click here
Official website here: www.spectrumforliving.org
What is the mission statement of Spectrum For Living Development Inc?
Spectrum For Living Development Inc is dedicated to empowering individuals with developmental and physical disabilities to reach their highest level of skills, purpose, and independence. Through residential care and case management, they provide housing facilities and personalized services to meet the unique physical, special, and psychological needs of 341 adults. Their mission is to promote the health, security, happiness, and usefulness of these individuals in their longer living, enabling them to lead fulfilling lives.
Official website here: www.spectrumforliving.org
Who is the CEO of Spectrum For Living Development Inc?
Danny Rosario is the President/Ceo of Spectrum For Living Development Inc. The CEO's salary of Spectrum For Living Development Inc is $359,036 and their total compensation is $411,723.
Official website here: www.spectrumforliving.org
What is the revenue of Spectrum For Living Development Inc?
Spectrum For Living Development Inc's revenue in 2022 was $40,398,401.
Official website here: www.spectrumforliving.org
Who are the executives of Spectrum For Living Development Inc and what are their salaries?
The average compensation at Spectrum For Living Development Inc during 2022 was $40,049. There are 688 employees and 23 volunteers at Spectrum For Living Development Inc.
Here are 29 key members and their salaries (Spectrum For Living Development Inc's CEO's salary is $359,036 and their total compensation is $411,723):
- Compensation: $359,036
- Related: $0
- Other: $52,687
- Compensation: $170,360
- Related: $0
- Other: $17,347
- Compensation: $148,090
- Related: $0
- Other: $19,009
- Compensation: $132,455
- Related: $0
- Other: $20,417
- Compensation: $143,519
- Related: $0
- Other: $12,548
- Compensation: $111,882
- Related: $0
- Other: $25,687
- Compensation: $121,067
- Related: $0
- Other: $10,411
- Compensation: $72,227
- Related: $0
- Other: $12,462
- Compensation: $67,331
- Related: $0
- Other: $2,157
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Official website here: www.spectrumforliving.org
Where can I find the form 990 for Spectrum For Living Development Inc?
Spectrum For Living Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.spectrumforliving.org
Learn more at the official website: www.spectrumforliving.org
Mission Statement of Spectrum For Living Development Inc
Spectrum For Living Development Inc is a dedicated organization that strives to empower individuals with developmental and/or physical disabilities to reach their highest level of skills, purpose, and independence. In essence, the nonprofit is committed to creating opportunities for these individuals to thrive and live meaningful lives.
The mission of Spectrum For Living Development Inc is twofold. Firstly, it focuses on providing residential care and case management services that cater to the unique physical, special, and psychological needs of 341 developmentally disabled adults. This approach ensures the health, security, happiness, and usefulness of these individuals in longer living. The organization's housing facilities are designed with their specific requirements in mind, promoting an environment that fosters growth and independence.
Moreover, Spectrum For Living Development Inc is deeply invested in the well-being of its residents beyond just their living conditions. The organization's services extend to promoting their overall health and happiness, which is a crucial aspect of their journey towards self-sufficiency. By offering a supportive and inclusive living environment, the nonprofit plays a pivotal role in helping its residents unlock their full potential and live fulfilling lives.
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Impact
October, 2024
Spectrum For Living Development Inc plays a critical role in enhancing the lives of individuals with developmental and physical disabilities. By providing specialized residential care and case management services, the organization supports 341 adults in achieving their highest potential in skills, purpose, and independence.
Located in River Vale, NJ, Spectrum For Living offers tailored housing facilities designed to accommodate the unique physical, special, and psychological needs of each resident. This approach not only promotes the health and security of individuals but also fosters their happiness and sense of usefulness within the community.
The impact of Spectrum For Living extends beyond mere housing; it encompasses a holistic commitment to ensuring that individuals with disabilities enjoy a fulfilling quality of life. By emphasizing skill development and independence, the organization empowers residents to navigate their daily lives with confidence and purpose, ultimately contributing to a more inclusive society.
This information is meant to be a general summary of Spectrum For Living Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,329
- Program Service Revenue: $38,966,674
- Gross Receipts: $40,500,218
Assets and Liabilities:
- Total Assets: $22,729,086
- Total Liabilities: $8,807,963
- Net Assets: $13,921,123
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID AND SOCIAL SECURITY
Revenue
$36,693,614
NON-REIMBURSED EXPENSE FEES
Revenue
$1,881,444
GROUP HOME RENTAL
Revenue
$311,837
MANAGEMENT FEES
Revenue
$79,779
Organization Details
Founding Year
1986
Phone
(201) 358-8000Principal Officer
Danny Rosario
Main Address
210 RIVERVALE ROAD SUITE 3, RIVER VALE, NJ, 076756281
Website
www.spectrumforliving.orgNTEE Category
Code: P020 - Human services
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