Overview
What is Vermont Recovery Network Inc?
Vermont Recovery Network Inc is a nonprofit organization based in Burlington, Vermont. Its primary mission is to support a network of 14 independent recovery organizations statewide, providing assistance to individuals and families struggling with alcohol and substance use disorders. By empowering these member organizations, Vermont Recovery Network strives to establish world-class recovery establishments, offering a beacon of hope to countless Vermonters and their families embarking on their recovery journeys. The organization currently employs a team of five individuals in their efforts to create a brighter future for those battling addiction.
Official website here: www.vtrecoverynetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating
Vermont Recovery Network Inc has received a middling rating of 74% from Charity Navigator, indicating room for improvement in accountability and financial transparency. The organization shows strengths in its governance, with a fully independent board and robust policies regarding conflict of interest and document retention. However, it lacks a whistleblower policy, which is essential for ensuring transparency and accountability within the organization.
The financial health of Vermont Recovery Network Inc presents a mixed picture. While it scores well on the liabilities to assets ratio, indicating stability, the program expense ratio is notably low, suggesting that a smaller portion of its expenses is directed toward programs compared to administrative or fundraising costs. This may raise questions about the overall effectiveness of its resource allocation.
Overall, while the organization demonstrates good governance practices, the low program expense ratio and the absence of certain transparency policies highlight areas that could benefit from improvement. Addressing these limitations could enhance the organization's rating and impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Recovery Network Inc legitimate?
Vermont Recovery Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Recovery Network 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: $27,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,283
For more financial information, click here
Official website here: www.vtrecoverynetwork.org
What is the mission statement of Vermont Recovery Network Inc?
The Vermont Recovery Network Inc is dedicated to supporting recovery organizations across the state, with the ultimate goal of making these establishments world-class institutions. They strive to empower individuals and families who are recovering from alcohol and substance use disorders. The network, composed of 14 independent recovery organizations, provides overall support to assist those in need, offering a centralized hub of resources for recovery in Vermont.
Official website here: www.vtrecoverynetwork.org
Who is the CEO of Vermont Recovery Network Inc?
Gary De Carolis is the Executive Di of Vermont Recovery Network Inc.
Official website here: www.vtrecoverynetwork.org
What is the revenue of Vermont Recovery Network Inc?
Vermont Recovery Network Inc's revenue in 2022 was $166,951.
Official website here: www.vtrecoverynetwork.org
Who are the executives of Vermont Recovery Network Inc and what are their salaries?
The average compensation at Vermont Recovery Network Inc during 2022 was $13,701. There are 5 employees and 16 volunteers at Vermont Recovery Network Inc.
Here are 19 key members and their salaries:
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Official website here: www.vtrecoverynetwork.org
Where can I find the form 990 for Vermont Recovery Network Inc?
Vermont Recovery Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vtrecoverynetwork.org
Learn more at the official website: www.vtrecoverynetwork.org
Mission Statement of Vermont Recovery Network Inc
Vermont Recovery Network Inc, a centralized organization, is dedicated to supporting a network of recovery organizations across the state. Their mission is to empower Vermonters and their families who are recovering from alcohol and substance use disorders. By providing overall support, they strive to transform these recovery organizations into world-class establishments, capable of offering exceptional assistance to those in need. The Network consists of 14 independent recovery organizations that work together to offer help and guidance to individuals and families struggling with alcohol and substance use disorders.
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Impact
June, 2024
Vermont Recovery Network Inc's impact is significant as it provides crucial support to individuals and families in Vermont who are in recovery from alcohol and other substance use disorders. By empowering its member recovery organizations to be world-class establishments, the network plays a vital role in helping Vermonter's on their journey to recovery. This support not only benefits the individuals directly but also has a positive ripple effect on their families and the wider community. Through its centralized headquarters and network of 14 independent recovery organizations, Vermont Recovery Network Inc is making a tangible difference in the lives of those affected by alcohol and substance use disorders in the state.
This information is meant to be a general summary of Vermont Recovery Network 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.
- Program Service Revenue: $39,023
- Gross Receipts: $166,951
Assets and Liabilities:
- Total Assets: $131,695
- Total Liabilities: $2,663
- Net Assets: $129,032
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VERMONT RECOVERY NETWORK DUES
Revenue
$39,023
Organization Details
Founding Year
2008
Phone
(802) 282-9387Principal Officer
Gary De Carolis
Main Address
PO BOX 3042, BURLINGTON, VT, 054083042
Website
www.vtrecoverynetwork.orgNTEE Category
Code: F50 - Mental health
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