Overview
What is Emerge Enterprises Inc?
Emerge Enterprises Inc is a nonprofit organization situated in Minneapolis, Minnesota. Their primary mission is to establish and operate sustainable social enterprises, empowering individuals who face employment barriers to rejoin the workforce and achieve long-term success within their communities. Their programs provide transitional employment opportunities for individuals with significant barriers, such as substance abuse recovery, felony convictions, and limited work histories. These positions offer a positive learning environment focused on skill development and both personal and professional growth. Emerge Enterprises Inc's business-driven program aims to prepare trainees to become truly competitive candidates for in-demand jobs in the marketplace, currently employing 88 individuals.
Official website here: www.emerge-mn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Emerge Enterprises Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 81% overall, reflecting a strong focus on maintaining financial integrity and transparency within its operations. This score is derived entirely from its Accountability & Finance metrics, showcasing Emerge's commitment to responsible financial management.
The organization demonstrates exemplary practices such as having its financial statements audited and a comprehensive oversight committee in place. It has effectively ensured that there is no material diversion of assets, and it adheres to key governance policies, including conflict of interest and whistleblower protections. Notably, Emerge allocates a significant portion of its budget, approximately 88.45%, toward program expenses, indicating a strong focus on its mission-driven work.
However, while the financial practices are commendable, a more robust evaluation of program effectiveness and impact would provide a more complete picture of the organization’s overall performance. The current rating primarily emphasizes financial accountability, and additional metrics on program outcomes could enhance transparency and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Emerge Enterprises Inc legitimate?
Emerge Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerge Enterprises 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $774,125
For more financial information, click here
Official website here: www.emerge-mn.org
What is the mission statement of Emerge Enterprises Inc?
Emerge Enterprises Inc operates sustainable social enterprises with the goal of empowering individuals facing employment barriers to re-enter the workforce and achieve long-term success within their communities. They operate businesses that provide transitional employment for adults with significant barriers to typical employment, such as those in recovery from substance abuse, with felony convictions, or with limited work history. The positions offered are paid, and there are high expectations for good work performance. Emerge Enterprises Inc offers a positive learning environment focused on skill building and both personal and professional development. Their business-demand driven program positions trainees to become competitive candidates for jobs in demand in the marketplace.
Official website here: www.emerge-mn.org
Who is the CEO of Emerge Enterprises Inc?
Michael Wynne is the Chair of Emerge Enterprises Inc.
Official website here: www.emerge-mn.org
What is the revenue of Emerge Enterprises Inc?
Emerge Enterprises Inc's revenue in 2022 was $1,957,002.
Official website here: www.emerge-mn.org
Who are the executives of Emerge Enterprises Inc and what are their salaries?
The average compensation at Emerge Enterprises Inc during 2022 was $8,797. There are 88 employees and 3 volunteers at Emerge Enterprises Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $195,894
- Other: $28,760
- Compensation: $0
- Related: $120,743
- Other: $22,003
Official website here: www.emerge-mn.org
Where can I find the form 990 for Emerge Enterprises Inc?
Emerge Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.emerge-mn.org
Learn more at the official website: www.emerge-mn.org
Mission Statement of Emerge Enterprises Inc
Emerge Enterprises Inc, a nonprofit organization, operates sustainable social enterprises with a mission to empower individuals facing employment barriers. By establishing these enterprises, Emerge Enterprises Inc aims to help these individuals re-enter the workforce and achieve long-term success within their communities. The organization provides transitional employment opportunities for adults who typically face significant barriers to typical employment. Many of these trainees are in recovery from substance abuse, have felony convictions, and have limited work histories.
Emerge Enterprises Inc offers a positive learning environment focused on skill building and both personal and professional development. The nonprofit's business-demand-driven program positions trainees to become truly competitive candidates for in-demand jobs in the marketplace. The high expectations for good work performance in these paid positions help trainees to build their confidence and improve their employability. By providing these opportunities, Emerge Enterprises Inc contributes to the success of its trainees and the overall well-being of their communities.
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Impact
October, 2024
Emerge Enterprises Inc. significantly impacts the community by providing sustainable social enterprise opportunities for individuals facing employment barriers. By offering transitional employment to adults who often struggle to find work—such as those recovering from substance abuse, individuals with felony convictions, and those with limited work histories—it fosters an inclusive and supportive environment for skill development.
Through hands-on experience and a focus on both personal and professional growth, Emerge enables its trainees to gain the confidence and skills necessary to re-enter the workforce effectively. The program is structured around real job demands, ensuring that participants become competitive candidates for in-demand roles in the marketplace. This approach not only helps individuals achieve lifelong success but also contributes to stronger, more resilient communities.
This information is meant to be a general summary of Emerge Enterprises 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.
- Gross Receipts: $3,614,060
Assets and Liabilities:
- Total Assets: $4,525,011
- Total Liabilities: $1,582,131
- Net Assets: $2,942,880
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Organization Details
Founding Year
1982
Phone
(612) 332-0664Principal Officer
Michael Wynne
Main Address
1179 15TH AVENUE SE, MINNEAPOLIS, MN, 55414
Website
www.emerge-mn.orgNTEE Category
Code: J200 - Employment
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