Overview
What is Deepwood Industries Inc?
Deepwood Industries Inc, located at 8121 Deepwood Blvd, Mentor, Ohio 44060, is a nonprofit organization dedicated to serving individuals with mental disabilities and developmental challenges. Their primary mission is to operate a sheltered workshop, offering a supportive environment where these individuals can engage in various activities and contribute to their community. With a workforce of 125 employees, Deepwood Industries Inc aims to foster growth, independence, and self-esteem for those who may otherwise face barriers in the workforce.
Official website here: www.deepwoodindustries.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Deepwood Industries Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's score is wholly based on its outstanding performance in these areas, indicating effective management of its resources and transparency in operations. The organization scored an exceptional 96% in accountability and finance, suggesting it adheres to best practices in financial reporting and governance.
Strengths highlighted include the presence of a fully independent board, which comprises 11 members, enhancing oversight and decision-making. Additionally, the organization has recorded no material diversions of assets, showcasing its integrity in handling funds. Deepwood Industries has robust policies in place, including conflict of interest, whistleblower, and document retention policies, which further emphasize its dedication to ethical standards.
While the organization demonstrates commendable fiscal responsibility with a program expense ratio of 79.51%, indicating that a significant portion of its funding is directed toward programs and services, continued transparency and adherence to best practices will be crucial for maintaining stakeholder trust. Overall, Deepwood Industries Inc stands out as a well-managed nonprofit, effectively utilizing its resources for its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Deepwood Industries Inc legitimate?
Deepwood Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deepwood Industries 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: $857,164
For more financial information, click here
Official website here: www.deepwoodindustries.com
What is the mission statement of Deepwood Industries Inc?
Deepwood Industries Inc, as stated in its mission, is committed to serving the mentally retarded and developmentally disabled community. They accomplish this by operating a sheltered workshop, providing a safe and supportive environment where these individuals can engage in meaningful work activities. The primary goal of this workshop is to foster independence, skill development, and self-esteem among its participants. By offering employment opportunities, Deepwood Industries Inc aims to contribute to the overall well-being and inclusion of the mentally retarded and developmentally disabled individuals in society.
Official website here: www.deepwoodindustries.com
Who is the CEO of Deepwood Industries Inc?
Gary Metalko is the Executive Director of Deepwood Industries Inc.
Official website here: www.deepwoodindustries.com
What is the revenue of Deepwood Industries Inc?
Deepwood Industries Inc's revenue in 2022 was $1,041,102.
Official website here: www.deepwoodindustries.com
Who are the executives of Deepwood Industries Inc and what are their salaries?
The average compensation at Deepwood Industries Inc during 2022 was $6,857. There are 125 employees at Deepwood Industries Inc.
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Official website here: www.deepwoodindustries.com
Where can I find the form 990 for Deepwood Industries Inc?
Deepwood Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.deepwoodindustries.com
Learn more at the official website: www.deepwoodindustries.com
Mission Statement of Deepwood Industries Inc
Deepwood Industries Inc, as a nonprofit organization, is committed to serving the mentally retarded and developmentally disabled individuals. Their primary mission is to establish and operate a sheltered workshop, providing a safe and supportive environment for these individuals to develop their skills and abilities. The workshop aims to equip them with practical vocational training, fostering their independence and self-worth. By offering a sheltered workspace, Deepwood Industries Inc ensures that these individuals can contribute to society in a meaningful way, while also promoting their social integration and personal growth.
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Impact
October, 2024
Deepwood Industries Inc plays a significant role in the community by providing a sheltered workshop for individuals with intellectual and developmental disabilities. Located in Mentor, Ohio, the organization focuses on creating employment opportunities, which fosters independence and enhances the quality of life for its participants. By offering a supportive work environment, Deepwood Industries Inc helps individuals develop skills, gain confidence, and contribute meaningfully to the local economy.
The impact of Deepwood Industries Inc extends beyond employment; it promotes social inclusion and empowers its participants. By enabling individuals to work alongside peers, the organization combats stigma and encourages community engagement, ultimately leading to a more inclusive society. Through its mission, Deepwood Industries Inc also raises awareness about the capabilities of individuals with developmental disabilities, showcasing their potential and reinforcing the importance of accessibility in the workforce.
This information is meant to be a general summary of Deepwood Industries 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: $573
- Program Service Revenue: $531,136
- Gross Receipts: $1,041,102
Assets and Liabilities:
- Total Assets: $764,394
- Total Liabilities: $37,678
- Net Assets: $726,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Client Generated Revenue
Revenue
$531,136
Organization Details
Founding Year
1962
Phone
(440) 350-5231Principal Officer
Gary Metalko
Main Address
8121 Deepwood Blvd, Mentor, OH, 44060
Website
www.deepwoodindustries.comNTEE Category
Code: J30 - Employment
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