Overview
What is Seneca Re-Ad Industries Inc?
Seneca Re-Ad Industries Inc is a nonprofit organization situated in Fostoria, Ohio, with a primary focus on supporting individuals with developmental disabilities. The organization operates as a sheltered workshop, providing a safe and nurturing environment for its employees. With a team of 85 dedicated individuals, Seneca Re-Ad Industries Inc aims to foster personal growth and development through meaningful work opportunities, contributing positively to the community while enhancing the lives of its staff members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Seneca Re-Ad Industries Inc has received an 82% score from Charity Navigator, which translates to a Three-Star rating. This rating is exclusively based on the organization’s performance in Accountability & Finance, reflecting its responsible financial management practices and commitment to transparency.
The organization excels in several key areas, including having a fully independent board consisting of seven members, achieving the highest points for both its financial statements audit and the absence of material diversion of assets. Furthermore, the program expense ratio is impressive, as the organization allocates 100% of its expenses directly to its programs, showcasing its dedication to its mission.
Despite its strong performance, the rating indicates that it is primarily focused on financial accountability, with limited information on program outcomes or impact. Potential donors and stakeholders may want to consider seeking additional insights into the effectiveness of its programs for a more comprehensive view of the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Seneca Re-Ad Industries Inc legitimate?
Seneca Re-Ad Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seneca Re-Ad 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: $252,976
For more financial information, click here
What is the mission statement of Seneca Re-Ad Industries Inc?
Seneca Re-Ad Industries Inc is dedicated to serving individuals with developmental disabilities. Their primary activity is operating a sheltered workshop, which provides a supportive environment for these individuals to engage in various tasks and activities. Their mission, in essence, revolves around empowering these individuals by offering them meaningful work opportunities, thereby enhancing their skills and promoting their overall well-being. The workshop aims to foster independence and self-confidence, while also contributing to the community by producing quality products.
Who is the CEO of Seneca Re-Ad Industries Inc?
Tom Smith is the President of Seneca Re-Ad Industries Inc.
What is the revenue of Seneca Re-Ad Industries Inc?
Seneca Re-Ad Industries Inc's revenue in 2022 was $523,212.
Who are the executives of Seneca Re-Ad Industries Inc and what are their salaries?
The average compensation at Seneca Re-Ad Industries Inc during 2022 was $2,976. There are 85 employees at Seneca Re-Ad Industries Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Seneca Re-Ad Industries Inc?
Seneca Re-Ad Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Seneca Re-Ad Industries Inc
Seneca Re-Ad Industries Inc, as its mission statement suggests, is a dedicated organization that serves developmentally disadvantaged individuals. Its primary activity is operating a sheltered workshop, a unique space designed to provide these individuals with an opportunity to engage in meaningful work and contribute to their personal growth and development. This workshop serves as a safe and supportive environment, where individuals can hone their skills and talents, fostering a sense of independence and self-worth. By offering this sheltered workshop, Seneca Re-Ad Industries Inc plays a significant role in empowering and integrating developmentally disadvantaged individuals into the broader community, enabling them to lead more fulfilling and inclusive lives.
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Impact
July, 2024
Seneca Re-Ad Industries Inc's impact lies in providing a sheltered workshop for developmentally disadvantaged individuals in Fostoria, Ohio. Through this initiative, the organization offers employment opportunities and support to individuals who may face challenges in mainstream work environments. By operating as a sheltered workshop, Seneca Re-Ad Industries Inc contributes to the empowerment and integration of these individuals into the workforce, fostering inclusion and providing them with a sense of purpose and dignity.
This information is meant to be a general summary of Seneca Re-Ad 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: $145,954
- Program Service Revenue: $376,159
- Gross Receipts: $523,212
Assets and Liabilities:
- Total Assets: $1,316,791
- Total Liabilities: $26,649
- Net Assets: $1,290,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHELTERED WORKSHOP
Revenue
$376,159
Organization Details
Founding Year
1976
Phone
(419) 447-7521Principal Officer
Tom Smith
Main Address
602 SOUTH CORPORATE DRIVE, FOSTORIA, OH, 44830
NTEE Category
Code: J33Z - Employment
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