Blue Star Recyclers

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

EIN: 275071916 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Blue Star Recyclers?

Blue Star Recyclers is a nonprofit organization located in Colorado Springs, Colorado. Their primary mission is centered around the ethical recycling of electronic waste, with a remarkable achievement of recycling 98% of the materials brought to them. The organization employs developmentally disabled adults who break down electronic devices to their base materials, which are later sold as commodities. This process not only contributes to environmental sustainability but also creates local job opportunities for individuals with developmental disabilities. Blue Star Recyclers operates with a workforce of 68 dedicated individuals.


Official website here: www.bluestarrecyclers.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)

Blue Star Recyclers has received a strong rating of 86%, reflecting its solid performance in accountability and finance. This rating is based entirely on the Accountability & Finance beacon, indicating that the organization is well-structured and committed to transparency and responsible financial management.

The organization boasts an independent board that comprises 81% independent members and has an effective size of nine members. Additionally, Blue Star Recyclers has a perfect score in several areas, including financial audits and the absence of material asset diversion. Their policies regarding conflicts of interest, whistleblowing, and document retention are all in place, further showcasing their dedication to ethical governance.

However, while their program expense ratio is commendable at 92.29%, their liabilities to assets ratio stands at 63.66%, which may indicate a need for closer financial scrutiny. Overall, Blue Star Recyclers demonstrates a strong commitment to accountability, though stakeholders might want to consider the implications of their liabilities in future financial planning.


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

Is Blue Star Recyclers legitimate?

Blue Star Recyclers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Star Recyclers 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: $184,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $205,852

For more financial information, click here


Official website here: www.bluestarrecyclers.org

What is the mission statement of Blue Star Recyclers?

Blue Star Recyclers, as an organization, is dedicated to ethically recycling electronic waste. This mission serves a dual purpose: firstly, it aids in the responsible disposal of electronic waste, and secondly, it creates job opportunities for individuals with developmental disabilities. The company's operations involve breaking down electronic devices into basic materials, which are then sold as commodities. By doing so, Blue Star Recyclers contributes to the creation of local employment opportunities for individuals with developmental disabilities, promoting both environmental sustainability and social inclusivity.


Official website here: www.bluestarrecyclers.org

Who is the CEO of Blue Star Recyclers?

Samuel Morris is the Board Member of Blue Star Recyclers. The CEO's salary of Blue Star Recyclers is $93,330 and their total compensation is $97,634.


Official website here: www.bluestarrecyclers.org

What is the revenue of Blue Star Recyclers?

Blue Star Recyclers's revenue in 2022 was $1,385,539.


Official website here: www.bluestarrecyclers.org

Who are the executives of Blue Star Recyclers and what are their salaries?

The average compensation at Blue Star Recyclers during 2022 was $5,738. There are 68 employees at Blue Star Recyclers.


Here are 11 key members and their salaries (Blue Star Recyclers's CEO's salary is $93,330 and their total compensation is $97,634):


Rachel Fagnant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Morris (Founder)
  • Compensation: $84,609
  • Related: $0
  • Other: $2,095
John Griffith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Melnick (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garrett Mayberry (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Morris (Ceo)
  • Compensation: $93,330
  • Related: $0
  • Other: $4,304
Todd Steffan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kunstbeck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Elspas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hoblitzell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bluestarrecyclers.org

Where can I find the form 990 for Blue Star Recyclers?

Blue Star Recyclers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bluestarrecyclers.org

Learn more at the official website: www.bluestarrecyclers.org

Mission Statement of Blue Star Recyclers

Blue Star Recyclers, as a nonprofit organization, is dedicated to ethically recycling electronic waste as a means to create local job opportunities for individuals with developmental disabilities. Their primary mission revolves around breaking down electronic devices into base materials, which are then sold as commodities. This process, carried out by the developmentally disabled adults within the organization, ensures that 98% of the materials brought to Blue Star Recyclers are recyclable, thereby contributing to environmental sustainability.

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Impact




October, 2024

Blue Star Recyclers has a significant impact in the community by focusing on the ethical recycling of electronics while creating meaningful job opportunities for individuals with developmental disabilities. Operating in Colorado Springs, the organization manages the recycling of electronic waste, ensuring that 98% of the materials processed are recyclable. This operation not only helps divert electronic waste from landfills but also transforms discarded devices into valuable commodities.

The unique aspect of Blue Star Recyclers is its workforce, comprising individuals with developmental disabilities who are trained to break down electronic components into their base materials. This not only provides these individuals with essential job skills and a sense of purpose but also promotes inclusivity in the workplace. By employing and empowering this marginalized group, Blue Star Recyclers fosters a more equitable community while addressing the pressing issue of electronic waste. The organization's dual focus on environmental sustainability and social responsibility creates a positive ripple effect in Colorado Springs and beyond.




This information is meant to be a general summary of Blue Star Recyclers. 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
$1,385,539 (2022)
Expenses
$1,506,997 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,755
  • Program Service Revenue: $2,223,103
  • Gross Receipts: $3,362,850

Assets and Liabilities:

  • Total Assets: $1,445,529
  • Total Liabilities: $920,350
  • Net Assets: $525,179

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Programs

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

PROGRAM SERVICE FEES

Revenue

$2,197,853

CONSULTING

Revenue

$25,250

Organization Details

Founding Year

2011

Principal Officer

Samuel Morris

Main Address

PO BOX 7304, COLORADO SPRINGS, CO, 80933

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