Overview
What is Society's Assets Inc?
Society's Assets Inc, located in Racine, Wisconsin, is a dedicated nonprofit organization with a mission to empower physically disabled individuals to live more independently. They provide a comprehensive range of services, including information and referral, case management, counseling, independent living skills training, technical assistance, and consultation. These offerings aim to support disabled persons in gaining control over their lives and integrating into community life, upholding the right to live and function independently in their preferred community. As of now, the organization boasts a workforce of 434 employees.
Official website here: www.societysassets.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Society's Assets Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored an impressive 96% in this category, indicating that it effectively manages its resources and maintains transparency. The high score in accountability is particularly noteworthy, as it is based entirely on a single beacon score, showcasing the organization's commitment to financial integrity.
The organization benefits from a fully independent board, comprised of 11 members, which contributes to its high ratings in governance. Additionally, Society's Assets Inc has robust financial oversight mechanisms in place, including an Audit and Oversight Committee, and demonstrates no material diversion of assets. The presence of thorough policies, such as conflict of interest and whistleblower protections, further enhances its credibility and accountability.
Despite the strong ratings, it is important for potential donors and stakeholders to consider the broader impact of the organization's programs beyond financial metrics. While the charity excels in financial management, understanding its program effectiveness and community impact could provide a more comprehensive view of its operations and overall mission.
This AI summary has been generated from information found on Charity Navigator.
Is Society's Assets Inc legitimate?
Society's Assets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society's Assets 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: $98,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,823,360
For more financial information, click here
Official website here: www.societysassets.org/
What is the mission statement of Society's Assets Inc?
Society's Assets Inc is committed to assisting individuals with disabilities in living independently. Their mission is to uphold the rights of all people with disabilities, enabling them to live and function as independently as possible in their preferred community. This is achieved by supporting individuals in gaining control over their lives and integrating them into community life. The organization offers various services such as information and referral, case management, counseling, independent living skills training, and technical assistance, all aimed at enhancing the independence of physically disabled persons.
Official website here: www.societysassets.org/
Who is the CEO of Society's Assets Inc?
Karl Kopp is the Executive Director of Society's Assets Inc.
Official website here: www.societysassets.org/
What is the revenue of Society's Assets Inc?
Society's Assets Inc's revenue in 2022 was $5,804,007.
Official website here: www.societysassets.org/
Who are the executives of Society's Assets Inc and what are their salaries?
The average compensation at Society's Assets Inc during 2022 was $9,036. There are 434 employees at Society's Assets Inc.
Here are 14 key members and their salaries:
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Official website here: www.societysassets.org/
Where can I find the form 990 for Society's Assets Inc?
Society's Assets Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.societysassets.org/
Learn more at the official website: www.societysassets.org/
Mission Statement of Society's Assets Inc
Society's Assets Inc is committed to supporting individuals with disabilities in their quest for independence. The organization's mission is to uphold the rights of people with disabilities, enabling them to live and function as independently as possible in their preferred community. This is achieved by empowering individuals to gain control over their lives and integrate into community life. The organization provides various services to facilitate this, including information and referral services, case management, counseling, independent living skills training, and technical assistance consultations. These services are designed to empower physically disabled individuals, helping them become more self-reliant and integrated into their community.
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Impact
October, 2024
Society's Assets Inc significantly impacts the lives of disabled individuals by providing essential services that promote independence and community integration. Through its Independent Living Program, the organization offers a range of support including information and referral services, case management counseling, and skills training tailored to the needs of physically disabled persons.
By focusing on empowerment, Society's Assets Inc enables individuals to gain control over their lives, fostering self-sufficiency and enhancing their ability to participate fully in their chosen communities. The organization not only advocates for the rights of persons with disabilities but also actively works to dismantle barriers that hinder their independence.
Moreover, the technical assistance and consultation services provided aim to equip disabled individuals with the tools they need to navigate daily challenges, further reinforcing their ability to live autonomously. The collective efforts contribute to increasing employment opportunities and societal inclusion for disabled persons, which positively transforms community dynamics in Racine, WI, and beyond. Through these initiatives, Society's Assets Inc plays a vital role in creating a more inclusive and supportive environment for all.
This information is meant to be a general summary of Society's Assets 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: $246,778
- Program Service Revenue: $5,099,951
- Gross Receipts: $6,657,420
Assets and Liabilities:
- Total Assets: $8,841,144
- Total Liabilities: $2,837,448
- Net Assets: $6,003,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRIVATE PAY
Revenue
$714,403
MEDICAL ASSISTANCE
Revenue
$1,032,395
FAMILY CARE
Revenue
$2,916,609
PARTNERSHIP
Revenue
$208,268
MEDICAID
Revenue
$63,353
Organization Details
Founding Year
1974
Phone
(262) 637-9128Principal Officer
Karl Kopp
Main Address
5200 WASHINGTON AVE, RACINE, WI, 534064238
Website
www.societysassets.org/NTEE Category
Code: J30 - Employment
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