Restoration Ministries Inc

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

EIN: 363552070 ✦ Harvey, IL ✦ Designated as a 501(c)(3)

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Overview

What is Restoration Ministries Inc?

Restoration Ministries Inc is a nonprofit organization that dedicates its efforts to revitalize hope and instigate lasting transformation within their community. Through a comprehensive range of 22 programs, they cater to at-risk, underprivileged youth, individuals battling addiction, and families grappling with poverty, offering them life-altering opportunities. Their mission is to positively impact these individuals' lives, restoring hope and fostering long-term change in the community.


Official website here: www.restorationministries.net

What are the reviews and ratings of this charity?

Restoration Ministries Inc has achieved a stellar Four-Star out of Four Star rating on Charity Navigator, scoring 100% overall in Accountability & Finance. This high rating highlights the organization’s commitment to financial health and transparency, validated by multiple ratings throughout the fiscal year due to updates in their Accountability and Transparency data.

The organization exhibits strong governance, with an entirely independent board and excellent scores across various financial metrics, including a program expense ratio of 89.22%. These figures indicate a dedication to effective program delivery and responsible financial management, although the charity has not been evaluated regarding its impact, culture, or leadership adaptability.

Currently, there are no user reviews available from GreatNonprofits, limiting insights into the public's sentiment. Overall, Restoration Ministries Inc. stands out for its accountability and financial practices, despite the absence of additional community feedback.


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

What do the Facebook reviews say about Restoration Ministries Inc?

94% of 62 reviewers on Facebook recommend Restoration Ministries Inc. Here is a summary of their reviews:

A significant number of individuals highlight the transformative impact of Restoration Ministries, expressing gratitude for the life-changing support they received. Many users emphasize the inspirational nature of the staff, particularly noting the guidance provided by Ray Banks and Doc Sullivan. Their positive experiences indicate that the ministry plays a crucial role in helping individuals find direction and purpose in their lives.

Overall, the sentiment towards Restoration Ministries is overwhelmingly positive, with many people crediting it for significant personal growth and encouragement on their spiritual journeys. The welcoming environment and the church's mission resonate strongly with those seeking change, making it a highly recommended organization for anyone in need of support.


This AI summary has been generated from reviews found on Facebook.

Is Restoration Ministries Inc legitimate?

Restoration Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoration Ministries 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: $252,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,698,858

For more financial information, click here


Official website here: www.restorationministries.net

What is the mission statement of Restoration Ministries Inc?

Restoration Ministries Inc's mission is centered around restoring hope to individuals and bringing lasting change to the community. They accomplish this by impacting lives through various programs. These programs offer life-changing opportunities to at-risk youth, individuals with histories of addiction, and families struggling in poverty. Their goal is to provide a supportive environment that helps restore hope and fosters sustainable change.


Official website here: www.restorationministries.net

Who is the CEO of Restoration Ministries Inc?

Todd Schultz is the Chairman of Restoration Ministries Inc. The CEO's salary of Restoration Ministries Inc is $245,137 and their total compensation is $252,648.


Official website here: www.restorationministries.net

What is the revenue of Restoration Ministries Inc?

Restoration Ministries Inc's revenue in 2022 was $7,211,187.


Official website here: www.restorationministries.net

Who are the executives of Restoration Ministries Inc and what are their salaries?

The average compensation at Restoration Ministries Inc during 2022 was $24,394. There are 80 employees and 400 volunteers at Restoration Ministries Inc.


Here are 13 key members and their salaries (Restoration Ministries Inc's CEO's salary is $245,137 and their total compensation is $252,648):


Ron Colosimo (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Pender (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Oberman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Hallett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Kamstra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Mahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ozinga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Schultz (Ceo & President)
  • Compensation: $245,137
  • Related: $0
  • Other: $7,511
Karen Vrdolyak (Director Of Development)
  • Compensation: $123,588
  • Related: $0
  • Other: $0


Official website here: www.restorationministries.net

Where can I find the form 990 for Restoration Ministries Inc?

Restoration Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.restorationministries.net

Learn more at the official website: www.restorationministries.net

Mission Statement of Restoration Ministries Inc

Restoration Ministries Inc, a nonprofit organization, is committed to restoring hope to individuals and bringing lasting change to the community. Their mission is to impact lives in a transformative way, providing opportunities that can mend the broken spirits of men and women with histories of addiction, as well as underprivileged and at-risk youth, and families struggling in poverty. Through its diverse range of 22 programs, Restoration Ministries Inc offers a chance at a new beginning, aiming to bring about significant and lasting improvement in the lives of those it serves.

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Impact




October, 2024

Restoration Ministries Inc. significantly impacts the community by restoring hope and fostering lasting change through its diverse programs. With 22 targeted initiatives, it empowers at-risk and underserved individuals, including youth, men and women battling addiction, and families facing poverty. By providing life-changing opportunities, Restoration Ministries addresses the root causes of hardship and promotes personal growth, resilience, and community upliftment. Through its dedicated efforts in Harvey, IL, the organization plays a crucial role in transforming lives and improving the overall well-being of the community, fostering an environment where individuals can thrive and contribute positively to society.




This information is meant to be a general summary of Restoration Ministries 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.

Revenue
$7,211,187 (2022)
Expenses
$7,560,976 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $84
  • Program Service Revenue: $47,900
  • Gross Receipts: $9,205,191

Assets and Liabilities:

  • Total Assets: $4,782,792
  • Total Liabilities: $237,686
  • Net Assets: $4,545,106

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Programs

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

RESIDENT RENT

Revenue

$30,200

PROGRAM

Revenue

$17,700

Organization Details

Founding Year

1988

Principal Officer

Todd Schultz

Main Address

253 EAST 159TH STREET, HARVEY, IL, 60426

NTEE Category

Code: S80 - Community improvement

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