Overview
What is Tri Industries Nfp?
Tri Industries NFP is a nonprofit organization situated in Ottawa, Illinois. Its primary focus is on offering employment, training, and support to individuals with significant disabilities. The organization provides them with opportunities in various sectors such as light assembly, packaging, order fulfillment, and shipping. These positions are often part of contracts for Illinois state use and Ability One contracts. With a team of 17 dedicated individuals, Tri Industries NFP aims to empower these individuals, enabling them to contribute and grow within the workforce.
Official website here: www.cartridgesthatcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.
Tri Industries Nfp has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates solid governance, as evidenced by having a majority of independent board members and strong scores in oversight measures such as their audit and conflict of interest policies. The absence of material asset diversion is a positive indicator of their financial integrity.
However, the organization does face challenges, particularly in its financial structure, with a high liabilities to assets ratio of 93.69%. This suggests potential financial instability, which may raise concerns among donors regarding long-term sustainability. Additionally, while they score well in program expenses, the missing tax form on their website may detract from transparency efforts.
Overall, while Tri Industries Nfp shows commendable practices in many areas, improvements in financial transparency and risk management are necessary to enhance their rating and foster greater donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Tri Industries Nfp legitimate?
Tri Industries Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri Industries Nfp 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: $340,039
Professional Fundraising Fees: $0
Other Salaries and Wages: $302,082
For more financial information, click here
Official website here: www.cartridgesthatcare.org
What is the mission statement of Tri Industries Nfp?
Tri Industries NFP's mission revolves around offering employment, training, and support to individuals with significant disabilities. This non-profit organization aims to provide them with vocational opportunities, equipping them with necessary skills for various roles such as light assembly, packaging, order fulfillment, and shipping. The individuals are employed on contracts, including those for the Illinois state and Ability One.
Official website here: www.cartridgesthatcare.org
Who is the CEO of Tri Industries Nfp?
Kenneth Bell is the Executive Direc of Tri Industries Nfp.
Official website here: www.cartridgesthatcare.org
What is the revenue of Tri Industries Nfp?
Tri Industries Nfp's revenue in 2022 was $2,768,751.
Official website here: www.cartridgesthatcare.org
Who are the executives of Tri Industries Nfp and what are their salaries?
The average compensation at Tri Industries Nfp during 2022 was $37,772. There are 17 employees at Tri Industries Nfp.
Here are 3 key members and their salaries:
- Compensation: $197,420
- Related: $0
- Other: $15,123
- Compensation: $142,619
- Related: $0
- Other: $9,917
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cartridgesthatcare.org
Where can I find the form 990 for Tri Industries Nfp?
Tri Industries Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cartridgesthatcare.org
Learn more at the official website: www.cartridgesthatcare.org
Mission Statement of Tri Industries Nfp
Tri Industries NFP is dedicated to providing employment, training, and support for individuals with significant disabilities. This mission is carried out through the organization's vocational training services. The individuals under Tri Industries' care are given opportunities to work in various positions, such as light assembly, packaging, order fulfillment, and shipping. They are involved in contracts for Illinois state use and Ability One contracts, which provides them with practical work experience and a sense of purpose. By offering employment opportunities, Tri Industries NFP empowers individuals with disabilities, helping them to be active members of their communities and to lead fulfilling lives.
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Impact
October, 2024
Tri Industries Nfp significantly impacts individuals with significant disabilities by providing essential vocational training services and employment opportunities. By focusing on light assembly, packaging, order fulfillment, and shipping roles, it empowers participants to develop valuable skills and gain work experience. This approach not only enhances the participants' employability but also fosters independence and self-sufficiency.
Operating in Ottawa, Illinois, Tri Industries collaborates with state contracts and Ability One initiatives, ensuring that its workforce contributes to meaningful projects that support the community. The organization plays a vital role in breaking down barriers to employment for individuals with disabilities, promoting inclusivity and diversity in the workforce. Ultimately, Tri Industries Nfp enhances the quality of life for its participants, helping them build a brighter future through gainful employment and supportive training.
This information is meant to be a general summary of Tri Industries Nfp. 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: $2,006
- Program Service Revenue: $2,816,227
- Gross Receipts: $2,866,317
Assets and Liabilities:
- Total Assets: $1,049,074
- Total Liabilities: $989,754
- Net Assets: $59,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VOCATIONAL TRAINING SALES
Revenue
$2,816,227
Organization Details
Founding Year
1977
Phone
(773) 754-3100Principal Officer
Kenneth Bell
Main Address
700 EAST DAYTON ROAD, OTTAWA, IL, 61350
Website
www.cartridgesthatcare.orgNTEE Category
Code: J30 - Employment
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