Overview
What is Sobalto Inc Chapter V Club?
Sobalto Inc Chapter V Club is a non-profit organization based in Toledo, Ohio, with an address at 5425 Southwyck Blvd. Its primary focus is to offer a supportive and spiritual environment for individuals struggling with alcoholism and substance abuse. Through regular observation of religious principles, emphasizing surrender to a higher power (God), the club provides a recovery program based on the 12-step method to help its members combat their addictions. The club reports serving over 900 people weekly, offering a place where they can gather for mutual support in their recovery journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Sobalto Inc Chapter V Club has received a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial transparency. The organization excels in areas such as having a majority independent board and a favorable liabilities to assets ratio, which demonstrates solid financial health. The program expense ratio is also impressive at 100%, suggesting that all resources are directed towards its intended programs.
However, the nonprofit has notable limitations that contribute to its lower rating. Key policies, including a conflict of interest policy, whistleblower policy, and document retention policy, are missing, pointing to gaps in governance practices. Additionally, the organization's website is not listed on its tax form, and it fails to post its tax form online, which raises transparency issues.
Overall, while Sobalto Inc Chapter V Club shows positive attributes in financial management and board structure, the lack of essential policies and online transparency may hinder its effectiveness and trustworthiness in the eyes of potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sobalto Inc Chapter V Club legitimate?
Sobalto Inc Chapter V Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sobalto Inc Chapter V Club 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: $0
For more financial information, click here
What is the mission statement of Sobalto Inc Chapter V Club?
The Sobalto Inc Chapter V Club's mission is to provide a supportive environment for recovering alcoholics and addicts. This is achieved through the regular observance of religious principles, particularly submission to a higher power (God), and the implementation of the 12-step recovery program. The club acts as a meeting place, hosting weekly sessions where approximately 900 individuals come together to combat their alcoholism or substance abuse issues using these methods. The aim is to empower members in their recovery journey and help them lead fulfilling lives.
Who is the CEO of Sobalto Inc Chapter V Club?
Tom Sallah is the President of Sobalto Inc Chapter V Club.
What is the revenue of Sobalto Inc Chapter V Club?
Sobalto Inc Chapter V Club's revenue in 2023 was $191,007.
Who are the executives of Sobalto Inc Chapter V Club and what are their salaries?
There 21 volunteers at Sobalto Inc Chapter V Club.
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 Sobalto Inc Chapter V Club?
Sobalto Inc Chapter V Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sobalto Inc Chapter V Club
The Sobalto Inc Chapter V Club, a non-profit organization, is dedicated to aiding individuals recovering from alcoholism and substance abuse. Its mission revolves around the regular observation of religious principles, focusing on submission to a higher power, often referred to as God. This organization provides a meeting place where approximately 900 people attend weekly meetings, utilizing religious principles, particularly surrender to a higher power, and the 12-step recovery program, to combat their personal struggles with alcoholism or substance abuse. The Sobalto Inc Chapter V Club serves as a sanctuary for its members, offering them a supportive environment to confront and conquer their addictions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Sobalto Inc Chapter V Club has had a significant impact on the Toledo community by providing a crucial meeting place for recovering alcoholics and addicts. With approximately 900 people attending meetings each week, the organization plays a vital role in supporting individuals battling alcoholism and substance abuse issues. Their emphasis on religious principles, particularly surrender to a higher power and the 12-step recovery program, has helped many members in their journey towards recovery. This club is making a positive impact on mental health by offering a dedicated space for individuals to find support, guidance, and hope as they work towards overcoming their struggles with addiction.
This information is meant to be a general summary of Sobalto Inc Chapter V Club. 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.
- Program Service Revenue: $18,750
- Gross Receipts: $3,752,363
Assets and Liabilities:
- Total Assets: $79,886
- Total Liabilities: $0
- Net Assets: $79,886
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VARIOUS GROUP RENTALS
Revenue
$18,750
Organization Details
Founding Year
1982
Phone
(567) 742-7045Principal Officer
Tom Sallah
Main Address
5425 SOUTHWYCK BLVD, TOLEDO, OH, 43614
NTEE Category
Code: F22Z - Mental health
If you are a representative of Sobalto Inc Chapter V Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.