Overview
What is Caspar Inc?
Caspar Inc, based in Boston, Massachusetts, is a nonprofit organization dedicated to serving individuals struggling with substance use disorders. Their mission encompasses a wide range of community-based services, including outreach, shelter, stabilization, residential aftercare, and prevention services, tailored to meet the needs of diverse populations. Their flagship service is an emergency shelter, which is one of only three in Massachusetts that provides round-the-clock care for men and women with a history of substance abuse. The shelter offers crisis stabilization, on-site medical and mental health care, counseling, case management, referral, and early recovery support for newly sober individuals. With a capacity of 107, it is the largest shelter in the Greater Boston area and the only one that accepts clients who are actively using alcohol and other drugs. Caspar Inc's workforce consists of 158 dedicated individuals, demonstrating their commitment to helping those affected by substance use disorders.
Official website here: www.casparinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Caspar Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial health. The organization boasts an impressive Accountability & Finance Score of 96, indicating thorough oversight and transparency in its financial practices. The majority of the board members are independent, which enhances the organization's governance and reduces potential conflicts of interest.
The nonprofit demonstrates a high commitment to its mission, as evidenced by a program expense ratio of 90.13%, showing that a significant portion of its resources is directed towards programs rather than administrative costs. Additionally, Caspar Inc has established comprehensive policies, including conflict of interest and whistleblower protections, which further contribute to its credibility and ethical standards.
While the ratings reflect numerous strengths, the available data does not indicate any notable limitations or areas of concern. Overall, Caspar Inc appears to be a well-managed organization with a strong commitment to its mission and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Caspar Inc legitimate?
Caspar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caspar 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: $4,653,197
For more financial information, click here
Official website here: www.casparinc.org
What is the mission statement of Caspar Inc?
Caspar Inc's mission is centered around providing community-based services for individuals dealing with substance abuse disorders. Their services span a wide range, including outreach, shelter, stabilization, residential aftercare, and prevention, tailored to diverse populations. The organization aims to offer comprehensive support to those in need, encompassing crisis stabilization, on-site medical and mental health care, counseling, case management, referrals, and early recovery support for newly sober individuals. Notably, Caspar Inc operates an emergency service center, which is one of the largest shelters in the greater Boston area, accommodating up to 107 clients and accepting those who are actively using alcohol and other drugs.
Official website here: www.casparinc.org
Who is the CEO of Caspar Inc?
Louis Josephson is the President/Ceo (As Of 6/22) of Caspar Inc. The CEO's salary of Caspar Inc is $0 and their total compensation is $0.
Official website here: www.casparinc.org
What is the revenue of Caspar Inc?
Caspar Inc's revenue in 2022 was $7,758,337.
Official website here: www.casparinc.org
Who are the executives of Caspar Inc and what are their salaries?
The average compensation at Caspar Inc during 2022 was $29,451. There are 158 employees and 152 volunteers at Caspar Inc.
Here are 26 key members and their salaries (Caspar Inc's CEO's salary is $0 and their total compensation is $0):
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- Related: $390,348
- Other: $1,328
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- Related: $263,062
- Other: $16,767
- Compensation: $0
- Related: $205,606
- Other: $35,809
- Compensation: $0
- Related: $224,306
- Other: $20,633
- Compensation: $0
- Related: $61,868
- Other: $11,747
- Compensation: $0
- Related: $59,113
- Other: $11,447
- Compensation: $122,136
- Related: $0
- Other: $12,801
Official website here: www.casparinc.org
Where can I find the form 990 for Caspar Inc?
Caspar Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.casparinc.org
Learn more at the official website: www.casparinc.org
Mission Statement of Caspar Inc
Caspar Inc, a non-profit organization, is dedicated to providing community-based services for individuals dealing with substance abuse disorders. Their mission is multifaceted, encompassing outreach, shelter, stabilization, residential aftercare, and prevention services to cater to diverse populations.
Central to Caspar Inc's endeavors is their Emergency Service Center, which offers daytime and overnight services to men and women with a history of active substance use. Beyond crisis stabilization and on-site medical and mental health care, this center provides counseling, case management, referral, and early recovery support for newly sober individuals. With an overnight capacity of 107, it is the largest shelter in the Greater Boston area and the only one that accepts clients who are actively using alcohol and other drugs.
In essence, Caspar Inc strives to offer comprehensive support to those struggling with substance abuse disorders, aiming to provide the necessary resources for individuals to overcome their struggles and regain control of their lives. Their services extend beyond immediate needs, offering holistic support and guidance for those aiming to achieve long-term recovery.
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Impact
June, 2024
Caspar Inc's impact is significant in providing community-based services to those affected by substance abuse disorders. Caspar offers a comprehensive array of outreach, shelter, stabilization, residential aftercare, and prevention services to meet the needs of diverse populations. One prominent service they provide is operating an emergency service center, which is one of three homeless shelters in Massachusetts funded to support individuals with a history of active substance use. This center offers crisis stabilization, medical and mental health care, counseling, case management, referral services, and early recovery support for newly sober clients. With an overnight capacity of 107, Caspar's emergency service center is the largest shelter in the Greater Boston area and the only one that accepts individuals actively using alcohol and other drugs. Their work is vital in addressing the complex challenges faced by those struggling with substance abuse disorders.
This information is meant to be a general summary of Caspar 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: $4,587
- Program Service Revenue: $6,885,874
- Gross Receipts: $7,773,660
Assets and Liabilities:
- Total Assets: $8,494,312
- Total Liabilities: $3,559,489
- Net Assets: $4,934,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE
Revenue
$5,050,975
MEDICAID/MEDICARE
Revenue
$1,738,020
PRIVATE CLIENT FEES
Revenue
$96,879
Organization Details
Founding Year
1970
Phone
(617) 371-3000Principal Officer
Louis Josephson
Main Address
66 CANAL STREET, BOSTON, MA, 02114
Website
www.casparinc.orgNTEE Category
Code: F22Z - Mental health
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