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Pinnacle Opportunities Inc

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

EIN: 364143605 ✦ Galesburg, IL ✦ Designated as a 501(c)(3)

Overview

What is Pinnacle Opportunities Inc?

Pinnacle Opportunities Inc is a charitable organization, established under Section 501(C)(3) of the Internal Revenue Code, based in Galesburg, Illinois. Their primary mission is to provide and operate long-term care facilities and related services for individuals with developmental disabilities. They currently manage six facilities, housing a combined total of 88 beds, dedicated to catering to this specific group of individuals without discrimination based on race, religion, color, sex, creed, or national origin. The organization's operations are focused on creating suitable residential, nursing, and other related facilities for the elderly, mentally retarded, mentally ill, developmentally disabled, and individuals with similar conditions. The organization employs a team of 109 individuals to fulfill its mission.


Is Pinnacle Opportunities Inc legitimate?

Pinnacle Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pinnacle Opportunities 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,095,639

For more financial information, click here


What is the mission statement of Pinnacle Opportunities Inc?
Who is the CEO of Pinnacle Opportunities Inc?
What is the revenue of Pinnacle Opportunities Inc?
Who are the executives of Pinnacle Opportunities Inc and what are their salaries?
Where can I find the form 990 for Pinnacle Opportunities Inc?

Mission Statement of Pinnacle Opportunities Inc

Pinnacle Opportunities Inc, a charitable organization, is dedicated to serving individuals with special needs, including the elderly, mentally ill, mentally retarded, and those with developmental disabilities. According to their articles of incorporation, the organization's mission is defined under Section 501(c)(3) of the Internal Revenue Code of 1986. This mission empowers Pinnacle Opportunities Inc to construct, lease, acquire, and operate residential facilities, nursing facilities, and other related services for these individuals. Crucially, the organization does not discriminate based on race, religion, color, sex, creed, or national origin. Furthermore, Pinnacle Opportunities Inc refrains from engaging in the practice of medicine or rendering licensed professional services.

Impact

This information is meant to be a general summary of Pinnacle Opportunities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Pinnacle Opportunities Inc's impact is evident in its dedication to providing and operating long-term care facilities for the developmentally disabled. Through its six facilities in Galesburg, IL, this organization offers a total of 88 beds to support individuals with developmental disabilities. By focusing on this specific population, Pinnacle Opportunities Inc is able to make a profound difference in the lives of those who rely on their services. Their mission, as articulated in their articles of incorporation, demonstrates their commitment to providing essential care and services to individuals in need, regardless of race, religion, or other factors. By operating within the scope of Section 501(c)(3) of the Internal Revenue Code, Pinnacle Opportunities Inc carries out their charitable purposes with integrity and compassion. This organization plays a crucial role in the realm of human services, ensuring that those with developmental disabilities have access to the care and support they require for a better quality of life.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $144,212
  • Program Service Revenue: $5,247,771
  • Gross Receipts: $5,476,467

    • Assets and Liabilities:
  • Total Assets: $6,410,319
  • Total Liabilities: $1,603,514
  • Net Assets: $4,806,805
  • Programs

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

    MEDICARE & MEDICAID

    Revenue

    $4,609,385

    PRIVATE PAY RESIDENT S

    Revenue

    $600,920

    AID TRAINING INCOME

    Revenue

    $37,466

    Organization Details

    Founding Year

    1996

    Principal Officer

    Jeffrey Shaw

    Main Address

    285 S FARNHAM ST, GALESBURG, IL, 614015323

    NTEE Category

    Code: P70 - Human services

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