Overview
What is Merakey Woodhaven?
Merakey Woodhaven is a nonprofit organization based in Philadelphia, supporting over seventy individuals with intellectual disabilities in an intermediate care facility. In response to the global pandemic, the organization prioritized the health and safety of its residents, implementing CDC guidelines promptly and maintaining regular communication with their families. Merakey Woodhaven provides essential services to its residents, ensuring their well-being and engagement through the adoption of technology, enabling remote participation in community events. With a workforce of 384 employees, their mission is to offer vital services to individuals with intellectual disabilities who cannot afford them.
Official website here: www.merakey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Merakey Woodhaven has received a two-star rating from Charity Navigator, indicating that the organization has significant room for improvement in its accountability and financial practices. With an overall score of 66%, the organization showcases some strengths, particularly in its financial oversight measures, as evidenced by a perfect score in its Audit and Oversight Committee. Additionally, it has well-established policies for conflict of interest, whistleblower protections, and document retention.
However, there are notable weaknesses, especially concerning governance and transparency. The organization scored poorly on the independence of its board members, with no independent board members among its eight members, which raises concerns about potential conflicts of interest. The failure to post its tax form on its website and a low score in its liabilities to assets ratio further highlight areas where the organization could enhance its financial transparency and stability.
Overall, while Merakey Woodhaven demonstrates a commitment to several essential governance policies, the lack of an independent board and transparency in financial reporting limits its effectiveness and public trust. Continuous improvement in these areas could help the organization achieve a higher rating and better serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Merakey Woodhaven legitimate?
Merakey Woodhaven is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merakey Woodhaven 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: $12,740,089
For more financial information, click here
Official website here: www.merakey.org
What is the mission statement of Merakey Woodhaven?
Merakey Woodhaven is dedicated to providing essential services to individuals with intellectual developmental disabilities who cannot afford them on their own. Their mission is geared towards ensuring these individuals receive the necessary support they need. In the face of the global pandemic, the program prioritized the health and safety of its residents. Daily calls with staff were instituted to swiftly implement CDC guidelines, while frequent engagement with residents' families discussed safety protocols. The adoption of technology facilitated remote participation in community events, keeping residents engaged and mutually supportive.
Official website here: www.merakey.org
Who is the CEO of Merakey Woodhaven?
Derrick Yacovelli is the Treasurer/Secretary/Cfo of Merakey Woodhaven.
Official website here: www.merakey.org
What is the revenue of Merakey Woodhaven?
Merakey Woodhaven's revenue in 2022 was $25,884,758.
Official website here: www.merakey.org
Who are the executives of Merakey Woodhaven and what are their salaries?
The average compensation at Merakey Woodhaven during 2022 was $33,177. There are 384 employees at Merakey Woodhaven.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $669,146
- Other: $27,049
- Compensation: $0
- Related: $491,573
- Other: $27,212
- Compensation: $0
- Related: $235,824
- Other: $13,796
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $114,229
- Related: $0
- Other: $22,256
- Compensation: $143,563
- Related: $0
- Other: $15,803
- Compensation: $119,401
- Related: $0
- Other: $12,129
- Compensation: $121,526
- Related: $0
- Other: $19,954
- Compensation: $109,467
- Related: $0
- Other: $12,732
Official website here: www.merakey.org
Where can I find the form 990 for Merakey Woodhaven?
Merakey Woodhaven's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merakey.org
Learn more at the official website: www.merakey.org
Mission Statement of Merakey Woodhaven
Merakey Woodhaven, a dedicated organization, focuses on providing essential services to individuals with intellectual developmental disabilities who cannot afford them otherwise. The mission of Merakey Woodhaven is twofold: first, to ensure these individuals receive the necessary support, and second, to make these services accessible.
In their day-to-day operations, Merakey Woodhaven supports over seventy individuals in an intermediate care facility. Amid the ongoing global pandemic, the program's primary concern has been the health and safety of its residents. Merakey Woodhaven has taken swift actions to adopt CDC guidelines, implementing infection prevention protocols, and ensuring the safety of its residents. Regular communication with the residents' families has been a priority, with daily calls to discuss the implemented safety measures and address any concerns.
Moreover, Merakey Woodhaven has embraced technology to allow for remote participation in community events, keeping the residents engaged and supported. This innovative approach has proven crucial in maintaining the residents' mental and emotional well-being, allowing them to connect with their peers and form bonds despite the challenges posed by the pandemic. With a commitment to providing vital services and prioritizing the well-being of its clients, Merakey Woodhaven continues to make a significant difference in the lives of those it serves.
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Impact
October, 2024
Merakey Woodhaven significantly enhances the lives of individuals with intellectual and developmental disabilities by providing crucial support and services. Situated in Philadelphia, it serves over seventy residents in an intermediate care facility, focusing on health and safety, particularly during challenging times like the global pandemic. In FY 2022, the organization prioritized stringent adherence to health guidelines, ensuring the well-being of residents while fostering a safe environment.
Staff proactively engaged with residents and their families, maintaining open communication about safety measures and infection prevention protocols. Additionally, the rapid adoption of technology enabled remote participation in community events, helping residents stay connected and engaged despite external challenges. This multifaceted approach not only addresses immediate health concerns but also promotes social interaction and emotional support among residents, ultimately enriching their quality of life.
This information is meant to be a general summary of Merakey Woodhaven. 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.
- Program Service Revenue: $25,763,514
- Gross Receipts: $25,884,758
Assets and Liabilities:
- Total Assets: $2,972,683
- Total Liabilities: $2,603,661
- Net Assets: $369,022
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL ASSISTANCE
Revenue
$22,841,198
GOVERNMENT
Revenue
$2,036,821
RENTAL INCOME
Revenue
$885,495
Organization Details
Founding Year
1994
Phone
(610) 260-4600Principal Officer
Derrick Yacovelli
Main Address
620 E GERMANTOWN PIKE, LAFAYETTE HILL, PA, 19444
Website
www.merakey.orgNTEE Category
Code: P80 - Human services
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