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Thomas Edison Center

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

EIN: 341273017 ✦ Van wert, OH ✦ Designated as a 501(c)(3)

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Overview

What is Thomas Edison Center?

The Thomas Edison Center is a nonprofit organization located at 525 Augustine Drive, Van Wert, Ohio 45891. Its primary mission is to provide high-quality programs, services, and support to adults with disabilities, enabling them to reach their full potential in various aspects of life. This includes educational, vocational, familial, and community involvement. The center operates with a team of 50 dedicated individuals, committed to fostering the dignity and growth of each individual they serve.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

The Thomas Edison Center has received a Three-Star rating from Charity Navigator, indicating a moderately strong performance in its accountability and financial management practices. The overall score is derived solely from its Accountability & Finance metrics, demonstrating a commitment to transparency and sound financial practices.

One of the center's notable strengths is its governance structure, as it boasts a fully independent board, which is crucial for unbiased oversight. Additionally, the organization has implemented essential policies such as conflict of interest and whistleblower protections, both of which are vital for maintaining ethical standards. The center has reported no material diversion of assets, further underscoring its financial integrity.

However, while the center excels in program expense ratio, with 100% of its expenses going directly to programs, the overall rating reflects a singular focus on financial accountability without additional metrics from other domains like results or impact. This limitation suggests that while the organization is financially sound, further evaluation of its programmatic effectiveness would provide a more comprehensive view of its overall impact.


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

Is Thomas Edison Center legitimate?

Thomas Edison Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas Edison Center 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: $677,815

For more financial information, click here

What is the mission statement of Thomas Edison Center?

The Thomas Edison Center actively pursues high-quality programs, services, and support to help individuals realize their full potential and maintain dignity in all aspects of life. This includes educational, vocational, familial, and civic growth. Their mission is centered around assisting individuals in reaching their highest potential, fostering self-respect and integration within the community.

Who is the CEO of Thomas Edison Center?

Collette Carcione is the Trustee of Thomas Edison Center.

What is the revenue of Thomas Edison Center?

Thomas Edison Center's revenue in 2022 was $1,119,802.

Who are the executives of Thomas Edison Center and what are their salaries?

The average compensation at Thomas Edison Center during 2022 was $13,556. There are 50 employees at Thomas Edison Center.


Here are 6 key members and their salaries:


Brad Etter (Officer)
  • Compensation: $91,818
  • Related: $0
  • Other: $0
Collette Carcione (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Sealscott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Reichert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Mollenkopf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Dull (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Thomas Edison Center?

Thomas Edison Center's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Thomas Edison Center

The Thomas Edison Center actively pursues quality programs, services, and supports aimed at assisting individuals in achieving their fullest potential and dignity in various life aspects. This encompasses educational, vocational, familial, and communal domains. Through its initiatives, the center seeks to empower individuals, enabling them to thrive in each of these areas.

In line with this mission, the Thomas Edison Center operates a residential center and workshop for adults with disabilities. This facility serves as a hub for providing tailored support, enabling these individuals to maximize their abilities and live fulfilling lives. By offering a comprehensive range of programs and services, the center fosters an environment that encourages growth, independence, and self-worth.

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Impact




October, 2024

The Thomas Edison Center plays a pivotal role in empowering individuals with disabilities, facilitating their growth and integration within various life areas. Located in Van Wert, Ohio, this residential center and workshop actively promotes the achievement of personal potential and dignity for its participants. Through quality programs, services, and supports, it assists individuals in enhancing their educational and vocational skills while also fostering their roles as family members and community citizens. The Center’s holistic approach not only enriches the lives of those it serves but also contributes to building a more inclusive society where everyone can thrive.




This information is meant to be a general summary of Thomas Edison Center. 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
$1,119,802 (2022)
Expenses
$1,225,134 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $938,684
  • Gross Receipts: $1,119,802

Assets and Liabilities:

  • Total Assets: $1,526,991
  • Total Liabilities: $36,915
  • Net Assets: $1,490,076

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Programs

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

THOMAS EDISION CENTER

Revenue

$938,684

Organization Details

Founding Year

1975

Principal Officer

Collette Carcione

Main Address

525 AUGUSTINE DRIVE, VAN WERT, OH, 45891

NTEE Category

Code: P20 - Human services

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