Acrmd Community Mental Retardation Services Company Inc

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

EIN: 237139510 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Acrmd Community Mental Retardation Services Company Inc?

Acrmd Community Mental Retardation Services Company Inc, based in New York City, New York, serves as a supportive hub for a community rehabilitation program. This program is operated by a related, nonprofit corporation. The agency also acts as a value-added reseller, providing and assembling products for this organization. Their mission is to empower developmentally disabled individuals through employment opportunities, as they contribute to the assembly and packaging of products within the company's product line. The agency adheres to the "set aside" provision of New York State Finance Law, ensuring that a portion of their workforce consists of individuals with disabilities. With a workforce of 31 employees, Acrmd Community Mental Retardation Services Company Inc is committed to promoting inclusion and fostering personal growth in the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating

Acrmd Community Mental Retardation Services Company Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid overall score of 79%. This rating is based entirely on their Accountability & Finance score, indicating that they maintain a strong focus on these essential areas. The organization demonstrates effective financial oversight, with an audit and oversight committee receiving full points, and no material diversion of assets reported.

The financial health of the organization appears robust, with a liabilities to assets ratio of 14.87% and a program expense ratio of 77.51%. This suggests that a significant portion of their resources is dedicated to supporting their programs and services. Additionally, the presence of comprehensive policies, including conflict of interest and whistleblower protections, enhances their accountability and transparency.

However, while the rating is favorable, potential donors and stakeholders should consider that the overall score is derived from a single beacon score. This means there may be areas beyond accountability and finance that could be further evaluated to provide a more complete picture of the organization's impact and effectiveness.


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

Is Acrmd Community Mental Retardation Services Company Inc legitimate?

Acrmd Community Mental Retardation Services Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acrmd Community Mental Retardation Services Company 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: $391,027

For more financial information, click here

What is the mission statement of Acrmd Community Mental Retardation Services Company Inc?

Acrmd Community Mental Retardation Services Company Inc, as a organization, offers space for a community rehabilitation program operated by a related not-for-profit corporation. Their mission extends beyond this, as they also function as a value-added reseller of products to New York State industries for the disabled, following the "set aside" provision of New York State Finance Law. Additionally, the company assembles and packages its product-line, sometimes selling it to its related third party at cost. Notably, the related not-for-profit corporation employs individuals with disabilities. This organization's activities are centered around providing opportunities and support for individuals with disabilities.

Who is the CEO of Acrmd Community Mental Retardation Services Company Inc?

Emilio Bonilla is the Treasurer of Acrmd Community Mental Retardation Services Company Inc.

What is the revenue of Acrmd Community Mental Retardation Services Company Inc?

Acrmd Community Mental Retardation Services Company Inc's revenue in 2022 was $944,522.

Who are the executives of Acrmd Community Mental Retardation Services Company Inc and what are their salaries?

The average compensation at Acrmd Community Mental Retardation Services Company Inc during 2022 was $12,614. There are 31 employees and 5 volunteers at Acrmd Community Mental Retardation Services Company Inc.


Here are 3 key members and their salaries:


Thomas Lydon (President)
  • Compensation: $0
  • Related: $327,132
  • Other: $24,106
Emilio Bonilla (Treasurer)
  • Compensation: $0
  • Related: $194,511
  • Other: $8,816
David Henry (Secretary (Thru 04/01/2022))
  • Compensation: $0
  • Related: $167,691
  • Other: $8,673
Where can I find the form 990 for Acrmd Community Mental Retardation Services Company Inc?

Acrmd Community Mental Retardation Services Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Acrmd Community Mental Retardation Services Company Inc

Acrmd Community Mental Retardation Services Company Inc, as a mission-driven organization, provides a space for a community rehabilitation program. This program is operated by a related not-for-profit corporation, which is dedicated to employing disabled individuals. Apart from this, Acrmd also serves as a value-added reseller of products to New York State Industries for the Disabled, adhering to the "set aside" provision of New York State Finance Law. The agency sometimes sells its product line, assembled and packaged within their operations, to this related third party at cost. This not-for-profit entity, in its commitment to supporting the disabled community, plays a crucial role in facilitating employment opportunities and providing a platform for rehabilitation programs.

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Impact




October, 2024

Acrmd Community Mental Retardation Services Company Inc plays a vital role in supporting individuals with developmental disabilities by providing essential space for community rehabilitation programs. This facilitates skills development and enhances the employability of participants. The organization's collaboration with a related nonprofit allows for the effective assembly and packaging of products, generating meaningful work opportunities for disabled individuals.

By acting as a value-added reseller of products, Acrmd not only contributes to the local economy but also ensures that individuals facing developmental challenges are actively engaged in productive work environments. This approach fosters inclusion and promotes the dignity of community members with disabilities, empowering them to become contributing members of society.

The impact of Acrmd extends beyond immediate vocational training; it instills a sense of purpose and self-worth in individuals who may otherwise face significant barriers. Ultimately, Acrmd's initiatives build stronger, more inclusive communities in New York, illustrating the importance of tailored services and support for people with disabilities.




This information is meant to be a general summary of Acrmd Community Mental Retardation Services Company 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
$944,522 (2022)
Expenses
$977,226 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,571
  • Program Service Revenue: $200,674
  • Gross Receipts: $2,960,819

Assets and Liabilities:

  • Total Assets: $3,446,902
  • Total Liabilities: $463,140
  • Net Assets: $2,983,762

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Programs

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

DOCUMENT STORAGE

Revenue

$122,581

MAINTENANCE AND MATERIAL ASSEMBLY

Revenue

$43,344

MESSENGER AND LANDSCAPING SERVICE

Revenue

$34,749

Organization Details

Founding Year

1971

Principal Officer

Emilio Bonilla

Main Address

ONE WHITEHALL STREET 9TH FL, NEW YORK, NY, 10004

NTEE Category

Code: P82 - Human services

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