Overview
What is Talbert Services Inc?
Talbert Services Inc is a non-profit organization based in Cincinnati, Ohio, with the address 2600 Victory Parkway. The primary role of Talbert Services is to support the mission of Talbert House Inc by providing safe, secure, and affordable housing and office space to meet the needs of their clients and staff, as well as those of affiliated organizations. In addition, Talbert Services owns and rents property, furniture, and fixtures to various associated 501(c)(3) organizations, serving as a crucial partner in their operations. Furthermore, Talbert Services generates income by offering construction and development services to low-income housing tax credit projects and earning a development fee. Additionally, they provide short-term sober living facilities and mental health services to individuals dealing with substance abuse.
What are the reviews and ratings of this charity?
Charity Navigator rating: 94% (Four-Star out of Four Star rating)
Talbert Services Inc has achieved an impressive Four-Star rating from Charity Navigator, mainly based on its strong performance in accountability and finance. The organization has demonstrated a commitment to transparency and effective management, as evidenced by its high scores across various accountability metrics, including independent board member composition and financial oversight.
The nonprofit boasts a robust program expense ratio of 87.75%, indicating that a substantial portion of its funds is directed toward its programs rather than administrative costs. Furthermore, the organization has established comprehensive policies such as conflict of interest and whistleblower protections, reinforcing its commitment to ethical practices and governance.
While the organization displays exceptional management practices and financial health, potential donors and supporters may want to stay informed about its programmatic impact and areas for growth. Overall, Talbert Services Inc stands out for its financial responsibility and governance, making it a trusted choice for donors looking to support an accountable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Talbert Services Inc legitimate?
Talbert Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Talbert Services 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: $408,987
For more financial information, click here
What is the mission statement of Talbert Services Inc?
Talbert Services Inc supports the mission of associated 501(c)(3) organizations, primarily Talbert House, by providing safe, secure, and affordable housing and office space to meet the needs of their clients and staff. The organization owns properties, furniture, and fixtures and rents these assets to the organizations it supports. Additionally, Talbert Services Inc offers construction and development services to low-income housing tax credit projects and provides short-term sober living facilities and other mental health services to individuals coping with substance abuse. In essence, Talbert Services Inc aims to assist its partner organizations in providing essential services to those in need, particularly focusing on housing and mental health care for individuals dealing with substance abuse issues.
Who is the CEO of Talbert Services Inc?
Steve Hemberger is the Chair of Talbert Services Inc.
What is the revenue of Talbert Services Inc?
Talbert Services Inc's revenue in 2022 was $6,458,204.
Who are the executives of Talbert Services Inc and what are their salaries?
There 19 volunteers at Talbert Services Inc.
Here are 11 key members and their salaries:
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- Other: $0
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- Related: $906,003
- Other: $50,440
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- Compensation: $0
- Related: $192,519
- Other: $64,026
Where can I find the form 990 for Talbert Services Inc?
Talbert Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Talbert Services Inc
Talbert Services Inc, a supporting organization, plays a crucial role in furthering the mission of Talbert House and other associated 501(c)(3) entities. By owning and renting property, furniture, and fixtures, it provides a safe, secure, and affordable housing and office space to meet the needs of clients and staff within these organizations.
The primary objective of Talbert Services Inc is to support Talbert House Inc's mission. By offering such resources, it ensures the smooth operation of Talbert House, enabling it to deliver essential services to its clients effectively.
Moreover, Talbert Services Inc extends its support beyond just providing physical space. It also generates a development fee by offering construction and development services to Low Income Housing Tax Credit projects, in which it holds an ownership interest through one of its subsidiaries. Furthermore, Talbert Services Inc offers short-term sober living facilities and other mental health services to individuals grappling with substance abuse, demonstrating its commitment to holistic care and recovery.
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Impact
June, 2024
Talbert Services Inc's impact is significant in supporting the mission of Talbert House, Inc. by providing safe, secure, affordable housing, and office space to meet the needs of the clients and staff of the organization and other affiliated organizations. Additionally, the organization plays a crucial role in offering short-term sober living facilities and other mental health services to individuals coping with substance abuse. Through owning and renting property, furniture, and fixtures to associated 501(c)(3) organizations, Talbert Services Inc contributes to the provision of essential resources and support for those in need, particularly in the realm of mental health services.
This information is meant to be a general summary of Talbert Services 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: $20,121
- Program Service Revenue: $4,219,471
- Gross Receipts: $6,552,528
Assets and Liabilities:
- Total Assets: $27,522,155
- Total Liabilities: $7,422,052
- Net Assets: $20,100,103
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$3,035,018
DEVELOPER FEE
Revenue
$823,658
CLIENT SERVICE REVENUE
Revenue
$360,795
Organization Details
Founding Year
1987
Phone
(513) 751-7747Principal Officer
Steve Hemberger
Main Address
2600 VICTORY PARKWAY, CINCINNATI, OH, 45206
NTEE Category
Code: F80 - Mental health
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