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Co-Mans Inc

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

EIN: 232164760 ✦ Langhorne, PA ✦ Designated as a 501(c)(3)

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Overview

What is Co-Mans Inc?

Co-Mans Inc is a non-profit organization based in Langhorne, Pennsylvania, with a focus on providing residential services for individuals diagnosed with chronic mental illness. Their mission is to assist individuals in various aspects of daily living, vocational development, managing the symptoms of their illness, and preparing for independent living in the community. They offer a normal living setting for treatment and residence for individuals with mental health conditions. The organization, staffed by 10 employees, helps its residents develop essential life skills and prepares them for reintegration into society, aiming to empower them to live independently and improve their quality of life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Co-Mans Inc has received a commendable Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial practices. The organization scored 86% in its Accountability & Finance category, indicating effective governance and responsible financial management. Notably, it boasts a fully independent board and has established robust oversight mechanisms.

The organization excels in various key areas, such as having a 100% independent board and a solid program expense ratio of 89.62%, which showcases a commitment to directing funds towards its mission. The absence of material asset diversion and the implementation of a conflict of interest policy further emphasize its dedication to transparency and ethical practices.

Despite its strengths, the rating is solely based on accountability and finance, with no additional beacons assessing other operational aspects like impact or community engagement. While the financial practices are strong, potential donors may want to look for more comprehensive evaluations regarding the organization's overall effectiveness and reach.


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

Is Co-Mans Inc legitimate?

Co-Mans Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Co-Mans 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: $98,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $271,268

For more financial information, click here

What is the mission statement of Co-Mans Inc?

Co-Mans Inc's mission is centered around providing a supportive living environment for individuals struggling with chronic mental health conditions. Their primary aim is to facilitate residential services, offering assistance in various aspects of daily living, vocational development, and symptom management. The ultimate goal is to prepare these individuals for independent living in the community. In essence, Co-Mans Inc seeks to empower individuals with mental health conditions, helping them navigate their lives and achieve greater independence.

Who is the CEO of Co-Mans Inc?

Bethann Mcnamara is the Executive Di of Co-Mans Inc.

What is the revenue of Co-Mans Inc?

Co-Mans Inc's revenue in 2022 was $985,811.

Who are the executives of Co-Mans Inc and what are their salaries?

The average compensation at Co-Mans Inc during 2022 was $36,973. There are 10 employees and 7 volunteers at Co-Mans Inc.


Here are 7 key members and their salaries:


Bethann Mcnamara (Executive Di)
  • Compensation: $98,464
  • Related: $0
  • Other: $0
Jeff Wilush (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Chapman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Scullion (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zoltan Kovitch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cawly (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Co-Mans Inc?

Co-Mans Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Co-Mans Inc

Co-Mans Inc, a nonprofit organization, is dedicated to providing residential services for individuals diagnosed with chronic mental illness. Their mission is to help these individuals in various aspects of their lives, including daily living, vocational development, managing the symptoms of their illness, and preparing for independent living in the community. In a normal living setting, Co-Mans Inc offers programs designed to assist individuals in navigating their daily lives, while also providing guidance and support for their vocational and personal growth. The ultimate goal is to empower these individuals to lead independent lives in the community, while managing their mental health effectively.

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Impact




June, 2024

Co-Mans Inc makes a meaningful impact by providing residence and treatment for individuals with mental health conditions in a normal living setting. Their programs assist individuals diagnosed with chronic mental illness in areas such as daily living, vocational development, managing symptoms of their illness, and preparing for independent living in the community. Through their dedicated efforts, Co-Mans Inc plays a crucial role in supporting the mental health needs of these individuals and helping them work towards greater independence and well-being.




This information is meant to be a general summary of Co-Mans 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.

Revenue
$985,811 (2022)
Expenses
$969,560 (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: $985,811
  • Gross Receipts: $985,811

Assets and Liabilities:

  • Total Assets: $1,754,095
  • Total Liabilities: $833,364
  • Net Assets: $920,731

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Programs

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

COUNTY FUNDS

Revenue

$769,386

TENANT RENTS

Revenue

$208,849

MANAGEMENT FEE

Revenue

$7,576

Organization Details

Founding Year

1994

Principal Officer

Bethann Mcnamara

Main Address

690 E PARKER STREET, LANGHORNE, PA, 19047

NTEE Category

Code: F33 - Mental health

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