Overview
What is Arc Industries Inc Of Franklin County Ohio?
Arc Industries Inc of Franklin County Ohio is a nonprofit organization located in Columbus, Ohio, with a workforce of 622 employees. Their mission is dedicated to serving 280 developmentally disabled adults by providing them with essential training and employment opportunities. This Columbus-based organization enables individuals to learn new skills in a supportive group setting and eventually find employment within the community. The services offered by Arc Industries not only support personal growth but also contribute to the overall well-being and inclusion of those living with intellectual and developmental disabilities.
Official website here: www.arcind.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Arc Industries Inc Of Franklin County Ohio has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization's overall score is derived entirely from its accountability and finance metrics, where it scored exceptionally well at 96%. This indicates a high level of transparency and responsible financial practices.
Strengths of Arc Industries include having a fully independent board of directors, robust financial oversight, and the absence of any material diversion of assets. Their financial health is also commendable, with a low liabilities to assets ratio of 10.43% and a program expense ratio of 80.61%, which suggests that the majority of their expenditures are directed towards their programs rather than administrative costs.
While the data does not indicate any significant limitations, it is essential to note that this evaluation is focused solely on financial and accountability aspects. Stakeholders may wish to consider the impact and effectiveness of the programs offered by the organization, as these factors are not covered by the rating. Overall, Arc Industries presents itself as a trustworthy and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Arc Industries Inc Of Franklin County Ohio legitimate?
Arc Industries Inc Of Franklin County Ohio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arc Industries Inc Of Franklin County Ohio 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: $1,046,558
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,728,348
For more financial information, click here
Official website here: www.arcind.com
What is the mission statement of Arc Industries Inc Of Franklin County Ohio?
Arc Industries Inc, a organization dedicated to serving adults with intellectual and developmental disabilities, aims to provide them with the necessary skills and opportunities to secure employment within their community. Through comprehensive training programs, this entity enables individuals to work collaboratively in small groups, fostering a nurturing environment conducive to learning. By empowering its clients with new abilities, Arc Industries Inc opens doors to meaningful employment, ultimately enhancing their independence and overall quality of life.
Official website here: www.arcind.com
Who is the CEO of Arc Industries Inc Of Franklin County Ohio?
Robert Gaston is the CEO of Arc Industries Inc Of Franklin County Ohio The CEO's salary of Arc Industries Inc Of Franklin County Ohio is $276,851 and their total compensation is $296,794.
Official website here: www.arcind.com
What is the revenue of Arc Industries Inc Of Franklin County Ohio?
Arc Industries Inc Of Franklin County Ohio's revenue in 2023 was $25,674,084.
Official website here: www.arcind.com
Who are the executives of Arc Industries Inc Of Franklin County Ohio and what are their salaries?
The average compensation at Arc Industries Inc Of Franklin County Ohio during 2023 was $32,179. There are 397 employees and 9 volunteers at Arc Industries Inc Of Franklin County Ohio.
Here are 19 key members and their salaries (Arc Industries Inc Of Franklin County Ohio's CEO's salary is $276,851 and their total compensation is $296,794):
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- Compensation: $276,851
- Related: $0
- Other: $19,943
- Compensation: $222,940
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- Other: $16,120
- Compensation: $122,451
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- Other: $11,831
- Compensation: $108,235
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- Other: $26,754
- Compensation: $168,341
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- Other: $40,694
- Compensation: $100,667
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- Compensation: $107,000
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- Other: $16,528
- Compensation: $121,749
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- Other: $11,881
- Compensation: $114,953
- Related: $0
- Other: $23,683
- Compensation: $119,196
- Related: $0
- Other: $13,380
Official website here: www.arcind.com
Where can I find the form 990 for Arc Industries Inc Of Franklin County Ohio?
Arc Industries Inc Of Franklin County Ohio's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.arcind.com
Learn more at the official website: www.arcind.com
Mission Statement of Arc Industries Inc Of Franklin County Ohio
Arc Industries Inc, a mission-driven organization, focuses on providing training and employment opportunities for adults living with intellectual and developmental disabilities. By allowing individuals to work in a supportive environment with a small group of peers, the organization equips them with new skills essential for community employment.
Arc Industries Inc goes beyond just offering training; it is dedicated to empowering its clients to reach their full potential. Through its unique approach, the organization fosters an inclusive work atmosphere that encourages growth and independence. With a strong commitment to the community, the organization's efforts contribute to a more diverse and inclusive workforce while also enhancing the lives of the individuals it serves.
The organization's impact reaches far beyond the walls of its facilities, as its trainees acquire the skills necessary to find employment within their local community. By offering tailored training programs, Arc Industries Inc helps bridge the gap between its clients and potential employers. Ultimately, the organization's mission is to create a world where individuals with intellectual and developmental disabilities are valued and recognized for their unique contributions to society.
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Impact
October, 2024
Arc Industries Inc of Franklin County, Ohio, significantly enhances the lives of individuals with intellectual and developmental disabilities by providing essential training and employment services. In serving 280 people, the organization creates opportunities for personal growth and skill development within a supportive group environment. Participants gain practical skills that enable them to seek employment in the community, fostering independence and a sense of belonging. By focusing on the strengths of each individual and facilitating meaningful work experiences, Arc Industries plays a crucial role in promoting inclusivity and empowering its clients to contribute positively to society. Their mission not only transforms the lives of those they serve but also enriches the broader community in Columbus, Ohio.
This information is meant to be a general summary of Arc Industries Inc Of Franklin County Ohio. 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 2023.
- Investment Income: $873,096
- Program Service Revenue: $24,811,291
- Gross Receipts: $25,685,563
Assets and Liabilities:
- Total Assets: $59,308,464
- Total Liabilities: $6,187,959
- Net Assets: $53,120,505
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSEKEEPING SALES
Revenue
$9,339,942
MEDICAID
Revenue
$8,022,880
FEES & CONTRACTS FROM GOVERNMENT
Revenue
$7,293,804
SUB-CONTRACT SALES
Revenue
$73,945
Organization Details
Founding Year
1971
Principal Officer
Robert Gaston
Website
www.arcind.comNTEE Category
Code: J30 - Employment
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