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Society To Aid Retarded Inc

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

EIN: 237404832 ✦ Torrance, CA ✦ Designated as a 501(c)(3)

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Overview

What is Society To Aid Retarded Inc?

Society To Aid Retarded Inc is a nonprofit organization situated in Torrance, California. With a team of 25 dedicated individuals, the organization's primary mission is to provide housing and managed care for 23 adults living with developmental disabilities. The nonprofit manages four properties to ensure a supportive living environment for these individuals. Their work focuses on enhancing the quality of life for adults with developmental disabilities, offering them a place to call home and the care they need to thrive.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

The Society To Aid Retarded Inc has attained a commendable Four-Star rating from Charity Navigator, reflecting a score of 90% based entirely on its Accountability & Finance. This high score indicates strong financial health and effective governance practices, which are essential for maintaining donor trust and ensuring the efficient use of resources.

The organization excels in several key areas, including having a fully independent board and a robust audit and oversight committee. It has demonstrated excellent management of its assets, with no material diversion noted, and maintains a solid structure for document retention, ensuring transparency and accountability. Its financial ratios suggest effective program expenses and a favorable liabilities to assets ratio.

However, while the organization shows impressive financial metrics, its fundraising efficiency ratio is notably low at 0.0025 out of 25 points. This may indicate challenges in fundraising efforts, which could affect its ability to broaden its impact. Overall, the Society To Aid Retarded Inc exhibits strong governance and financial management but may need to enhance its fundraising strategies to sustain its programs effectively.


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

Is Society To Aid Retarded Inc legitimate?

Society To Aid Retarded Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society To Aid Retarded 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: $138,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,244,436

For more financial information, click here

What is the mission statement of Society To Aid Retarded Inc?

The Society To Aid Retarded Inc, in its mission, focuses on providing managed care for 23 adult residents who have developmental disabilities. It achieves this objective by maintaining four properties, serving as their residence. This organization is committed to enhancing the living conditions and well-being of these individuals, ensuring they receive the care they need.

Who is the CEO of Society To Aid Retarded Inc?

Pamela Broderick is the Ceo of Society To Aid Retarded Inc. The CEO's salary of Society To Aid Retarded Inc is $138,000 and their total compensation is $138,000.

What is the revenue of Society To Aid Retarded Inc?

Society To Aid Retarded Inc's revenue in 2022 was $3,183,485.

Who are the executives of Society To Aid Retarded Inc and what are their salaries?

The average compensation at Society To Aid Retarded Inc during 2022 was $55,297. There are 25 employees at Society To Aid Retarded Inc.


Here are 6 key members and their salaries (Society To Aid Retarded Inc's CEO's salary is $138,000 and their total compensation is $138,000):


Pamela Broderick (Ceo)
  • Compensation: $138,000
  • Related: $0
  • Other: $0
Morris Rice (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
May Grace Grammatico (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Shimabukuro (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Yates (Chairman Of The Board Emeritu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Mossberg (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Society To Aid Retarded Inc?

Society To Aid Retarded Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Society To Aid Retarded Inc

Society to Aid Retarded Inc, as its mission statement suggests, is dedicated to providing managed care for 23 adult residents who are living with developmental disabilities. This nonprofit organization takes charge of maintaining four properties, serving as their residents' home. By doing so, Society to Aid Retarded Inc offers a supportive living environment for individuals who require special care due to their developmental disabilities. This mission is carried out with the aim of ensuring these adults have a decent place to live and receive the necessary care they require, enabling them to lead as fulfilling a life as possible.

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Impact




October, 2024

Society To Aid Retarded Inc significantly impacts the lives of 23 adult residents with developmental disabilities by providing stable housing and managed care. Its program operates four properties in Torrance, CA, ensuring that residents have a safe and supportive living environment tailored to their unique needs. This initiative enhances the quality of life for individuals with developmental disabilities by fostering independence, social connections, and overall well-being. Through dedicated care and community engagement, it plays a vital role in empowering residents and integrating them into society.




This information is meant to be a general summary of Society To Aid Retarded 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
$3,183,485 (2022)
Expenses
$1,738,386 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $34,017
  • Gross Receipts: $3,183,485

Assets and Liabilities:

  • Total Assets: $6,417,088
  • Total Liabilities: $51,401
  • Net Assets: $6,365,687

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Organization Details

Founding Year

1974

Principal Officer

Pamela Broderick

Main Address

P O BOX 1075, Torrance, CA, 90505

NTEE Category

Code: P73Z - Human services

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