Overview
What is Taconic Innovations Inc?
Taconic Innovations Inc, located in Wappingers Falls, New York, is a nonprofit organization dedicated to empowering individuals with developmental disabilities to live safely and independently. They offer a Community Habilitation program, which focuses on teaching essential skills and fostering social connections. The organization provides 345,772 units of service annually, ensuring individuals can engage in community events and contribute to their neighborhoods. With a team of 283 employees, Taconic Innovations Inc is committed to creating innovative and personalized solutions, helping bridge the path to independence for those it serves.
Official website here: www.taconicinnovations.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Taconic Innovations Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The organization scored 100% in accountability, indicating robust governance practices such as a fully independent board and well-documented policies for conflict of interest and whistleblower protection. The high program expense ratio also suggests that a significant portion of its funds is directed towards its mission.
The nonprofit's financial stability is further highlighted by a low liabilities-to-assets ratio of 14.50%, which exemplifies its sound financial management. The organization has implemented effective oversight measures, including an Audit and Oversight Committee, ensuring transparency in its operations. Overall, these factors contribute to the organization's credibility and reliability in fulfilling its goals.
While the data showcases Taconic Innovations Inc's strengths, the summary does not include any noted limitations or areas for improvement. This strong rating and the positive attributes associated with its governance and financial practices position the organization favorably in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Taconic Innovations Inc legitimate?
Taconic Innovations Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taconic Innovations 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: $522,621
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,963,077
For more financial information, click here
Official website here: www.taconicinnovations.com
What is the mission statement of Taconic Innovations Inc?
Taconic Innovations Inc is dedicated to helping individuals with developmental disabilities achieve independence. Through innovative and customized services and support, the organization bridges the gap to self-reliance. The Community Habilitation program, a key initiative, enables individuals to acquire essential skills for living safely and independently, foster friendships, and engage in community activities. In 2022, the program provided 345,772 units of service to those in need. Taconic Innovations Inc's commitment extends beyond daily living skills, as they focus on empowering individuals to be active members of their communities.
Official website here: www.taconicinnovations.com
Who is the CEO of Taconic Innovations Inc?
Dr Mathias Oni-Eseleh is the Executive Dir. of Taconic Innovations Inc.
Official website here: www.taconicinnovations.com
What is the revenue of Taconic Innovations Inc?
Taconic Innovations Inc's revenue in 2022 was $12,992,165.
Official website here: www.taconicinnovations.com
Who are the executives of Taconic Innovations Inc and what are their salaries?
The average compensation at Taconic Innovations Inc during 2022 was $29,985. There are 283 employees and 4 volunteers at Taconic Innovations Inc.
Here are 6 key members and their salaries:
- Compensation: $251,968
- Related: $0
- Other: $19,500
- Compensation: $231,653
- Related: $0
- Other: $19,500
- Compensation: $171,608
- Related: $0
- Other: $13,704
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.taconicinnovations.com
Where can I find the form 990 for Taconic Innovations Inc?
Taconic Innovations Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.taconicinnovations.com
Learn more at the official website: www.taconicinnovations.com
Mission Statement of Taconic Innovations Inc
Taconic Innovations Inc, a notable organization, is dedicated to constructing a pathway to self-reliance for individuals with developmental disabilities. By offering innovative and customized services and support, the organization aims to help these individuals build the essential skills required to live safely and independently.
Through the Community Habilitation program, Taconic Innovations Inc enables participants to learn and maintain the necessary life skills that foster independence. The program caters to individuals who do not reside in homes operated or certified by the Office for People With Developmental Disabilities (OPWDD). In the year 2022, a remarkable 345,772 units of service were provided under this program.
The Community Habilitation program focuses on various aspects of daily living, such as social skills, community involvement, and practical skills. These skills are essential for individuals to make friends, engage in community events, and ultimately, be an integral part of their community. By addressing the unique needs of each individual and providing tailored support, Taconic Innovations Inc empowers its clients to reach their full potential and live a fulfilling life.
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Impact
October, 2024
Taconic Innovations Inc has made a significant impact on the lives of individuals with developmental disabilities by fostering independence and community integration. Through its Community Habilitation program, the organization equips individuals with essential skills to live safely and independently. This program emphasizes not only the development of life skills but also the importance of building friendships and engaging in community activities.
In 2022 alone, Taconic Innovations Inc provided an impressive 345,772 units of service, demonstrating its commitment to enhancing the quality of life for those it serves. By addressing individual needs with innovative and personalized support, the organization effectively bridges the gap between individuals with developmental disabilities and community involvement. This approach not only empowers participants but also enriches the broader community in Wappingers Falls, NY.
This information is meant to be a general summary of Taconic Innovations 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: $25,838
- Program Service Revenue: $9,210,401
- Gross Receipts: $12,992,165
Assets and Liabilities:
- Total Assets: $13,812,018
- Total Liabilities: $2,003,567
- Net Assets: $11,808,451
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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
$1,684,844
Medicaid Program Income
Revenue
$7,525,557
Organization Details
Founding Year
2000
Phone
(845) 296-1042Principal Officer
Dr Mathias Oni-Eseleh
Main Address
872 ROUTE 376, WAPPINGERS FALLS, NY, 12590
Website
www.taconicinnovations.comNTEE Category
Code: L99 - Housing
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