Overview
What is Marimor Industries Inc?
Marimor Industries Inc, situated in Lima, Ohio, is a nonprofit organization with a mission to promote independence, enhance the quality of life, and empower the individuals they serve. They specialize in vocational training, offering practical, hands-on instruction to their participants. This training equips them with the necessary knowledge, stamina, and skills to secure employment outside of a facility-based program. With a dedicated workforce of 217 employees, Marimor Industries Inc is committed to making a significant impact in the lives of those they serve.
Official website here: www.marimorindustries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Marimor Industries Inc has achieved an impressive 96% score from Charity Navigator, reflecting strong accountability and financial health. The organization has a fully independent board and demonstrates rigorous financial oversight, with no material diversion of assets reported. Its adherence to transparency is further evidenced by a comprehensive set of policies, including conflict of interest and whistleblower protections.
With a program expense ratio of 81.90%, Marimor Industries allocates a significant portion of its resources directly to its programs, indicating a commitment to its mission and effective use of funds. The organization also upholds high standards in governance, as noted by its robust audit and oversight mechanisms.
Despite its strong performance, potential donors and stakeholders should consider that while the financial health and accountability are solid, continuous monitoring of operational effectiveness is essential to ensure that the charity's programs remain impactful over time.
This AI summary has been generated from information found on Charity Navigator.
Is Marimor Industries Inc legitimate?
Marimor Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marimor 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: $82,770
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,661,642
For more financial information, click here
Official website here: www.marimorindustries.org
What is the mission statement of Marimor Industries Inc?
Marimor Industries Inc's mission is centered around fostering independence, enhancing the quality of life, and empowering the individuals they serve. One of their key activities involves offering vocational training to participants, equipping them with practical skills, stamina, and necessary training to secure employment outside of facility-based programs. This mission aims to provide participants with the tools they need to lead independent lives and improve their overall quality of life.
Official website here: www.marimorindustries.org
What is the revenue of Marimor Industries Inc?
Marimor Industries Inc's revenue in 2023 was $4,244,612.
Official website here: www.marimorindustries.org
Who are the executives of Marimor Industries Inc and what are their salaries?
The average compensation at Marimor Industries Inc during 2023 was $13,322. There are 206 employees and 28 volunteers at Marimor Industries Inc.
Here are 10 key members and their salaries:
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Official website here: www.marimorindustries.org
Where can I find the form 990 for Marimor Industries Inc?
Marimor Industries Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marimorindustries.org
Learn more at the official website: www.marimorindustries.org
Mission Statement of Marimor Industries Inc
Marimor Industries Inc, as a mission-driven organization, is committed to fostering independence, enhancing the quality of life, and empowering the individuals it serves. The primary objective of this nonprofit is to equip its participants with the necessary skills and resilience, enabling them to secure employment outside of institutional programs.
Marimor Industries Inc achieves this mission through its vocational training program. This program offers hands-on training to its participants, equipping them with the essential knowledge, stamina, and skills required for employment in the broader community. By doing so, the nonprofit not only helps its participants gain financial independence but also improves their overall quality of life. By empowering individuals, Marimor Industries Inc contributes to a more self-sufficient and resilient community.
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Impact
October, 2024
Marimor Industries Inc has a significant impact on the community by providing vocational training aimed at fostering independence and improving the quality of life for its participants. Located in Lima, Ohio, the organization focuses on equipping individuals with the skills, knowledge, and stamina necessary to secure employment outside of a facility-based program. This empowerment not only enhances the self-sufficiency of the individuals served but also promotes their integration into the workforce, which benefits both the participants and the broader community.
By prioritizing hands-on training, Marimor Industries Inc allows participants to gain practical experience that is essential for navigating the job market. The organization’s mission emphasizes not just employment, but a holistic approach to improving lives, which resonates throughout the community. As a result, Marimor plays a crucial role in instilling confidence and independence in its participants, ultimately contributing to a more inclusive and supportive environment in Lima, Ohio.
This information is meant to be a general summary of Marimor 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 2023.
- Investment Income: $145,722
- Program Service Revenue: $1,016,070
- Gross Receipts: $4,491,957
Assets and Liabilities:
- Total Assets: $3,766,342
- Total Liabilities: $391,085
- Net Assets: $3,375,257
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contracts
Revenue
$592,319
Services
Revenue
$423,751
Organization Details
Founding Year
1968
Principal Officer
Rashawna Perry
Website
www.marimorindustries.orgNTEE Category
Code: J30Z - Employment
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