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Threshold Residential Servicesinc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341224885 ✦ East palestine, OH ✦ Designated as a 501(c)(3)

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Overview

What is Threshold Residential Servicesinc?

Threshold Residential Servicesinc is a nonprofit organization located in East Palestine, Ohio, with an address at 50 N Sumner Street, 44413. Their primary mission is to improve the lives of individuals with developmental disabilities and their families. They accomplish this by offering tailored services, fostering community engagement, and advocating for community inclusion. The organization operates nine residential homes, providing group-style living accommodations for up to 36 individuals, complete with staff supervision, comprehensive training, and transportation services. With a dedicated workforce of 191 employees, Threshold Residential Servicesinc aims to create an inclusive environment, ensuring the well-being and personal growth of the individuals they serve.


Official website here: www.threshold75.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star Rating.

Threshold Residential Servicesinc has demonstrated a strong commitment to accountability and financial management, reflected in its impressive 96% score. This rating is significant as it is based solely on an evaluation of the organization's accountability and finance practices, ensuring high standards in these critical areas.

Strengths of the organization include having a fully independent board, with all eight members meeting independence criteria. Additionally, the charity maintains robust financial oversight, with no material diversion of assets and a commendable program expense ratio of over 75%. This indicates that a substantial portion of funds is directed towards fulfilling its mission.

However, while the financial indicators are strong, further qualitative assessments of program impact and community feedback are not detailed in the available data. This lack of information could be a limitation for potential donors looking to understand the organization's broader effectiveness beyond financial metrics.


This AI summary has been generated from information found on Charity Navigator.

Is Threshold Residential Servicesinc legitimate?

Threshold Residential Servicesinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Threshold Residential Servicesinc 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: $111,057
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,348,496

For more financial information, click here


Official website here: www.threshold75.com

What is the mission statement of Threshold Residential Servicesinc?

Threshold Residential Servicesinc's mission is centered around enhancing the lives of individuals with developmental disabilities and their families. They achieve this by offering personalized services, fostering community engagement, and advocating for community inclusion. This organization operates several group homes, providing residences for up to 36 individuals in a communal setting. The services offered include close supervision by staff, comprehensive training for daily living activities, and transportation services.


Official website here: www.threshold75.com

Who is the CEO of Threshold Residential Servicesinc?

Thomas C Page is the Chief Exec. of Threshold Residential Servicesinc.


Official website here: www.threshold75.com

What is the revenue of Threshold Residential Servicesinc?

Threshold Residential Servicesinc's revenue in 2022 was $6,073,135.


Official website here: www.threshold75.com

Who are the executives of Threshold Residential Servicesinc and what are their salaries?

The average compensation at Threshold Residential Servicesinc during 2022 was $18,113. There are 191 employees and 8 volunteers at Threshold Residential Servicesinc.


Here are 8 key members and their salaries:


Thomas C Page (Chief Exec.)
  • Compensation: $98,811
  • Related: $0
  • Other: $9,680
Stephanie Elick (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Hecking (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hersh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Kliner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Milliken (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Prater (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Simpson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.threshold75.com

Where can I find the form 990 for Threshold Residential Servicesinc?

Threshold Residential Servicesinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.threshold75.com

Learn more at the official website: www.threshold75.com

Mission Statement of Threshold Residential Servicesinc

Threshold Residential Servicesinc is dedicated to enhancing the lives of individuals with developmental disabilities and their families. Their mission is multifaceted, focusing on providing individual-specific services, fostering community engagement, and promoting community inclusion. By offering personalized care, Threshold Residential Servicesinc aims to empower both the individuals with developmental disabilities and their families, enabling them to live fulfilling lives. This mission is achieved through various means, including operating group homes that accommodate up to 36 individuals in a communal setting. These residences are equipped with direct staff supervision, comprehensive training in daily living activities, and transportation services. By providing these services, Threshold Residential Servicesinc strives to ensure that each individual can lead a life that is as independent and inclusive as possible.

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Impact




October, 2024

Threshold Residential Services, Inc. significantly enhances the lives of individuals with developmental disabilities and their families through tailored services and a strong focus on community engagement and inclusion. By operating nine group homes, the organization provides safe and supportive living environments for up to 36 individuals, ensuring they receive direct staff supervision and comprehensive training in essential daily living skills. Additionally, their transportation services facilitate access to the community, empowering residents to participate fully in various activities and fostering a sense of belonging. Through these initiatives, Threshold Residential Services plays a crucial role in promoting independence and improving the quality of life for individuals with developmental disabilities, while simultaneously benefiting the broader community in East Palestine, Ohio.




This information is meant to be a general summary of Threshold Residential Servicesinc. 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.

Revenue
$6,073,135 (2022)
Expenses
$5,294,596 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $117,980
  • Program Service Revenue: $5,012,006
  • Gross Receipts: $6,507,144

Assets and Liabilities:

  • Total Assets: $6,143,786
  • Total Liabilities: $333,884
  • Net Assets: $5,809,902

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

IO WAIVER - HPC REVENUE

Revenue

$4,014,628

DAY PROGRAM REVENUE

Revenue

$381,292

TRANSPORTATION REVENUE

Revenue

$298,245

ROOM & BOARD REVENUE

Revenue

$291,850

LABOR SERVICES INCOME

Revenue

$22,550

Organization Details

Founding Year

1975

Principal Officer

Thomas C Page

Main Address

50 N SUMNER STREET, EAST PALESTINE, OH, 44413

NTEE Category

Code: L99Z - Housing

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