Overview
What is Northeastern Pennsylvania Industrial Resource Center Inc?
Northeastern Pennsylvania Industrial Resource Center Inc, a nonprofit organization, is headquartered in the region. Its primary mission is to boost and update the manufacturing sector in Northeastern Pennsylvania. They accomplish this by offering tailored, on-site services, empowering manufacturers to recognize, understand, and adopt modern technologies and practices. The center's work directly assists local manufacturers in improving their operations and staying competitive in the industry.
Official website here: www.nepirc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%
The Northeastern Pennsylvania Industrial Resource Center Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization boasts a perfect score for having an entirely independent board and demonstrates robust oversight with all necessary policies in place, ensuring transparency and responsible governance.
Financially, the center shows a low liabilities to assets ratio of 4.82%, indicating a solid financial standing with good capacity to meet its obligations. Its working capital ratio of 2.70 years further underscores its stability, which is crucial for maintaining operations and funding its initiatives effectively.
Overall, the organization presents a strong commitment to accountability, with no reported issues of material diversion of assets. While the rating highlights numerous strengths, it is essential for potential supporters to consider the broader impact and outcomes of the organization’s programs in addition to its financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Northeastern Pennsylvania Industrial Resource Center Inc legitimate?
Northeastern Pennsylvania Industrial Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeastern Pennsylvania Industrial Resource Center 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: $202,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,051,430
For more financial information, click here
Official website here: www.nepirc.com
What is the mission statement of Northeastern Pennsylvania Industrial Resource Center Inc?
The Northeastern Pennsylvania Industrial Resource Center Inc aims to enhance and modernize the manufacturing sector in its region by implementing strategic initiatives. They offer customized, on-site services to assist manufacturers in identifying, learning, and adopting advanced technologies and practices. The center's mission is to contribute to the growth and competitiveness of the local manufacturing industry.
Official website here: www.nepirc.com
Who is the CEO of Northeastern Pennsylvania Industrial Resource Center Inc?
Eric J Esoda is the Chairman of Northeastern Pennsylvania Industrial Resource Center Inc.
Official website here: www.nepirc.com
What is the revenue of Northeastern Pennsylvania Industrial Resource Center Inc?
Northeastern Pennsylvania Industrial Resource Center Inc's revenue in 2022 was $3,052,299.
Official website here: www.nepirc.com
Who are the executives of Northeastern Pennsylvania Industrial Resource Center Inc and what are their salaries?
The average compensation at Northeastern Pennsylvania Industrial Resource Center Inc during 2022 was $89,534. There are 14 employees at Northeastern Pennsylvania Industrial Resource Center Inc.
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Official website here: www.nepirc.com
Where can I find the form 990 for Northeastern Pennsylvania Industrial Resource Center Inc?
Northeastern Pennsylvania Industrial Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nepirc.com
Learn more at the official website: www.nepirc.com
Mission Statement of Northeastern Pennsylvania Industrial Resource Center Inc
Northeastern Pennsylvania Industrial Resource Center, often abbreviated as Nepirc, is dedicated to enhancing and modernizing the manufacturing sector in Northeastern Pennsylvania. Their mission is carried out through strategic operations and the delivery of tailored, on-site services. Nepirc assists manufacturers in identifying, learning, and adopting advanced technologies and practices, aiming to improve their overall efficiency and competitiveness. By providing these customized services, Nepirc plays a crucial role in fostering the growth and evolution of the manufacturing industry in the region.
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Impact
October, 2024
Northeastern Pennsylvania Industrial Resource Center Inc plays a crucial role in enhancing and modernizing the manufacturing sector in Northeastern Pennsylvania. By implementing targeted strategies, it provides personalized, on-site services that empower manufacturers to identify, learn about, and adopt modern technologies and innovative practices. This support not only helps individual businesses improve their operations but also contributes to the overall competitiveness and sustainability of the regional manufacturing landscape. Through its efforts, the organization fosters community improvement, ensuring the local economy and workforce thrive in an ever-evolving industrial environment.
This information is meant to be a general summary of Northeastern Pennsylvania Industrial Resource Center 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: $315,831
- Program Service Revenue: $688,288
- Gross Receipts: $3,052,299
Assets and Liabilities:
- Total Assets: $7,265,206
- Total Liabilities: $376,014
- Net Assets: $6,889,192
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT FEES
Revenue
$683,642
INTEREST INCOME REVOLVING LOAN
Revenue
$4,646
Organization Details
Founding Year
1988
Phone
(570) 819-8966Principal Officer
Eric J Esoda
Main Address
75 YOUNG STREET, WILKES BARRE, PA, 187061471
Website
www.nepirc.comNTEE Category
Code: S400 - Community improvement
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