Overview
What is Norcare Enterprises Inc?
Norcare Enterprises Inc, located in Lorain, Ohio, functions as a supportive entity for organizations like the Nord Center, which offer behavioral health services within Lorain County. The primary mission of Norcare Enterprises is to provide essential support services, ensuring the smooth operation and maintenance of the necessary assets. This includes holding, managing, and maintaining all applicable fixed assets for the Nord Center and other subsidiaries, which are non-profit organizations under section 501(c)(3). By offering this support, Norcare Enterprises plays a crucial role in enhancing the provision of behavioral health services to residents of Lorain County.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
Norcare Enterprises Inc has earned a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization’s score highlights its commitment to transparency and responsible financial management, indicated by a high program expense ratio of 95.26%, meaning the majority of its funding is directed towards its charitable missions rather than administrative costs.
The nonprofit demonstrates robust governance practices, with a fully independent board and a comprehensive conflict of interest policy in place. It has achieved full marks in several key areas, including the independence of board members and the presence of an audit and oversight committee, which signifies effective organizational oversight and commitment to ethical standards.
While the financial health indicators are positive, the rating is based solely on accountability and finance metrics, which may limit insights into the overall impact and effectiveness of the organization’s programs. Potential donors and stakeholders may want to consider looking into additional performance metrics or recipient feedback to gain a more comprehensive understanding of Norcare Enterprises Inc's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Norcare Enterprises Inc legitimate?
Norcare Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norcare Enterprises 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: $0
For more financial information, click here
What is the mission statement of Norcare Enterprises Inc?
Norcare Enterprises Inc is an organization that supports other non-profit entities, primarily the Nord Center, in providing behavioral health services to the residents of Lorain County. Their mission is to offer essential support services, managing and maintaining all necessary assets, so that these organizations can focus on delivering their vital health services effectively. By doing this, Norcare Enterprises Inc plays a crucial role in enhancing the mental health care available within their community.
Who is the CEO of Norcare Enterprises Inc?
Donald Schiffbauer is the Ceo of Norcare Enterprises Inc. The CEO's salary of Norcare Enterprises Inc is $0 and their total compensation is $142,337.
What is the revenue of Norcare Enterprises Inc?
Norcare Enterprises Inc's revenue in 2022 was $1,511,634.
Who are the executives of Norcare Enterprises Inc and what are their salaries?
There 12 volunteers at Norcare Enterprises Inc.
Here are 14 key members and their salaries (Norcare Enterprises Inc's CEO's salary is $0 and their total compensation is $142,337):
- Compensation: $0
- Related: $123,148
- Other: $19,189
- Compensation: $0
- Related: $93,940
- Other: $8,449
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Norcare Enterprises Inc?
Norcare Enterprises Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Norcare Enterprises Inc
Norcare Enterprises Inc, a non-profit organization, is dedicated to aiding the Nord Center in delivering behavioral health services to residents of a specific county. Their mission revolves around providing support services, managing and maintaining all necessary assets, and holding these assets on behalf of the Nord Center and other related subsidiaries. These subsidiaries are non-profit organizations that offer behavioral health services to greater Lorain County. By doing so, Norcare Enterprises Inc plays a crucial role in ensuring the smooth operation and sustainability of these organizations, ultimately benefiting the mental health and well-being of the community they serve.
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Impact
June, 2024
Norcare Enterprises Inc's impact is significant in supporting the Nord Center and its subsidiaries in providing essential behavioral health services to the residents of Lorain County. By managing and maintaining all applicable fixed assets, Norcare Enterprises ensures that these organizations have the resources needed to deliver vital mental health support to the community. Their contribution plays a crucial role in enhancing access to mental health services in Lorain County and ultimately improving the well-being of those in need.
This information is meant to be a general summary of Norcare Enterprises 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: $271
- Program Service Revenue: $511,363
- Gross Receipts: $1,511,634
Assets and Liabilities:
- Total Assets: $9,496,961
- Total Liabilities: $1,251,896
- Net Assets: $8,245,065
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT AND PROPERTY MANAGEMENT
Revenue
$511,363
Organization Details
Founding Year
1985
Phone
(440) 233-7232Principal Officer
Donald Schiffbauer
Main Address
6140 SOUTH BROADWAY AVENUE, LORAIN, OH, 44053
NTEE Category
Code: F80Z - Mental health
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