Overview
What is Arc Foundation Of Somerset County Inc?
Arc Foundation of Somerset County Inc is a nonprofit organization situated in Manville, New Jersey. With a mission to promote and support the interests and purposes of The Arc of Somerset County, the foundation aims to enhance the quality of life and expand programs and services for individuals with intellectual and developmental disabilities. This is accomplished through various activities such as grant procurement, fundraising, awareness campaigns, education, and public relations. The ultimate vision is to ensure the financial viability of The Arc of Somerset County's programs, thereby supporting lifetime achievement and success for each individual served.
Official website here: www.thearcofsomerset.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
The Arc Foundation of Somerset County Inc has achieved a perfect score of 100%, reflecting its strong commitment to accountability and finance. This rating is based solely on the beacon score, demonstrating the organization's transparency and effective management of funds. The inclusion of various governance policies, such as conflict of interest and whistleblower policies, further illustrates its dedication to ethical practices.
The foundation boasts an impressive 87% independent board members, signaling a robust governance structure that prioritizes oversight and accountability. With no material diversion of assets reported and an excellent liabilities to assets ratio of 45.59%, the organization clearly manages its financial obligations effectively. Its program expense ratio stands at 99.76%, indicating that almost all of its resources are directed toward fulfilling its mission and supporting its programs.
While the data presents a strong overall picture of the organization, potential donors and stakeholders should remain informed and engaged with the foundation's ongoing programs and impact. The high ratings reflect a solid foundation, but continuous transparency and effectiveness will be essential for maintaining this level of trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Arc Foundation Of Somerset County Inc?
100% of 5 reviewers on Facebook recommend the Arc Foundation of Somerset County. Here is a summary of their reviews:
Many users express strong support for the organization, highlighting its effective management and commitment to serving individuals with intellectual and developmental disabilities. Reviewers appreciate the dedication of the staff and the positive impact the foundation has in the community.
Overall, the sentiment towards the Arc Foundation is highly favorable, indicating that the organization successfully fulfills its mission and is respected within the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Arc Foundation Of Somerset County Inc legitimate?
Arc Foundation Of Somerset County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arc Foundation Of Somerset County 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: $93,347
For more financial information, click here
Official website here: www.thearcofsomerset.org
What is the mission statement of Arc Foundation Of Somerset County Inc?
The Arc Foundation of Somerset County is committed to enhancing the quality of life and expanding programs and services for individuals with intellectual and developmental disabilities. They achieve this goal through grant procurement, fundraising, awareness campaigns, education, and public relations activities. The foundation's vision is to ensure the financial viability of the Arc of Somerset County's programs, which support lifetime achievement and success for each individual served. Their activities aim to improve the lives of those with intellectual and developmental disabilities, promoting their overall well-being and success throughout their lives.
Official website here: www.thearcofsomerset.org
Who is the CEO of Arc Foundation Of Somerset County Inc?
Christopher Corvino is the President of Arc Foundation Of Somerset County Inc.
Official website here: www.thearcofsomerset.org
What is the revenue of Arc Foundation Of Somerset County Inc?
Arc Foundation Of Somerset County Inc's revenue in 2022 was $578,710.
Official website here: www.thearcofsomerset.org
Who are the executives of Arc Foundation Of Somerset County Inc and what are their salaries?
There 13 volunteers at Arc Foundation Of Somerset County Inc.
Here are 9 key members and their salaries:
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- Other: $0
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- Related: $131,859
- Other: $25,424
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- Compensation: $0
- Related: $88,391
- Other: $13,213
Official website here: www.thearcofsomerset.org
Where can I find the form 990 for Arc Foundation Of Somerset County Inc?
Arc Foundation Of Somerset County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thearcofsomerset.org
Learn more at the official website: www.thearcofsomerset.org
Mission Statement of Arc Foundation Of Somerset County Inc
The Arc Foundation of Somerset County is committed to enhancing the quality of life and expanding programs and services for individuals with intellectual and developmental disabilities. This is achieved through various activities such as grant procurement, fundraising, awareness campaigns, education, and public relations efforts. The organization's ultimate vision is to ensure the financial viability of the Arc of Somerset County's programs, which in turn supports lifetime achievement and success for each individual served. In essence, the Arc Foundation of Somerset County aims to improve the lives of people with intellectual and developmental disabilities by providing necessary resources and opportunities for growth and independence.
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Impact
July, 2024
Arc Foundation Of Somerset County Inc's impact is focused on enhancing the quality of life and expanding programs and services for individuals with intellectual and developmental disabilities. They achieve this through the procurement of grants, fundraising, awareness, education, and public relations activities. The foundation's vision is to ensure the financial viability of The Arc of Somerset County's programs, supporting lifetime achievement and success for each individual served.
This information is meant to be a general summary of Arc Foundation Of Somerset County 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: $12,533
- Gross Receipts: $647,848
Assets and Liabilities:
- Total Assets: $2,352,282
- Total Liabilities: $23,468
- Net Assets: $2,328,814
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Organization Details
Founding Year
1999
Phone
(908) 252-6653Principal Officer
Christopher Corvino
Main Address
141 SOUTH MAIN STREET, MANVILLE, NJ, 08835
Website
www.thearcofsomerset.orgNTEE Category
Code: P82 - Human services
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