Overview
What is Wabash Area Development Inc?
Wabash Area Development Inc is a charitable organization based in Enfield, Illinois, dedicated to assisting those in need across a seven-county region. Their primary initiatives include operating a Head Start program, which offers educational opportunities to underprivileged children, and providing energy assistance to impoverished families and eligible elderly individuals. By focusing on these essential services, Wabash Area Development strives to enhance the lives of those facing hardships within their community.
Official website here: www.wadi-inc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Wabash Area Development Inc has received a Three-Star rating from Charity Navigator, with a score of 84%, indicating a relatively strong performance in terms of accountability and finance. The organization boasts a fully independent board of directors, demonstrating a commitment to governance, as well as effective oversight with no reported material diversion of assets. Their program expense ratio is also commendable at 87.55%, suggesting that a significant portion of their funds is allocated directly to their programs.
However, the organization does have some limitations in its accountability practices. Notably, it lacks several key policies, including a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Additionally, their tax form is not readily accessible on their website, which can impact transparency and public trust.
Overall, while Wabash Area Development Inc shows strong financial management and governance practices, addressing the gaps in their policy framework could enhance their accountability and further improve their standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Wabash Area Development Inc legitimate?
Wabash Area Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wabash Area Development 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:
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For more financial information, click here
Official website here: www.wadi-inc.com
What is the mission statement of Wabash Area Development Inc?
Wabash Area Development is a charitable organization dedicated to assisting those in need within a seven-county region. Through its efforts, this non-profit provides essential aid and support. The organization runs a head start program, which offers educational opportunities to impoverished children, helping to set a strong foundation for their future. Additionally, Wabash Area Development extends a helping hand to economically disadvantaged families and eligible elderly individuals by providing vital energy assistance. Their mission is to make a positive difference in the lives of those who require it most.
Official website here: www.wadi-inc.com
What is the revenue of Wabash Area Development Inc?
Wabash Area Development Inc's revenue in 2024 was $12,785,065.
Official website here: www.wadi-inc.com
Who are the executives of Wabash Area Development Inc and what are their salaries?
There are 145 employees and 750 volunteers at Wabash Area Development Inc.
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Official website here: www.wadi-inc.com
Where can I find the form 990 for Wabash Area Development Inc?
Wabash Area Development Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wadi-inc.com
Learn more at the official website: www.wadi-inc.com
Mission Statement of Wabash Area Development Inc
Wabash Area Development, a charitable organization, is dedicated to extending a helping hand to those in need within a seven-county region. The mission of this nonprofit organization is to provide essential aid and assistance to impoverished families and qualified elderly individuals. One of its significant initiatives is the administration of a Head Start program. This educational program offers impoverished children a strong foundation, paving the way for a brighter future.
In addition to its Head Start program, Wabash Area Development extends a vital service in the form of energy assistance. This essential aid assists impoverished families in managing their energy needs, ensuring they have access to basic comforts and necessities. Furthermore, the organization extends energy assistance to qualified elderly individuals, ensuring they can maintain their well-being and live with dignity.
By providing these essential services, Wabash Area Development plays a crucial role in uplifting the lives of those most in need within its seven-county jurisdiction. The organization's efforts contribute significantly to improving the overall well-being and self-sufficiency of the individuals and families it serves.
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Impact
October, 2024
Wabash Area Development Inc plays a vital role in enhancing the quality of life for individuals and families in a seven-county area. By offering essential services such as education through its Head Start program, it empowers impoverished children with the skills they need for a successful future. Additionally, the energy assistance program provides crucial support to low-income families and eligible elderly individuals, helping to alleviate the burden of heating costs and ensuring they can maintain a safe living environment. Operating from its headquarters in Enfield, Illinois, Wabash Area Development Inc addresses immediate needs while fostering long-term self-sufficiency and stability within the community. Its impact is felt across multiple dimensions, from education to financial relief, significantly improving the lives of those it serves.
This information is meant to be a general summary of Wabash Area Development 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 2024.
- Investment Income: $157,645
- Program Service Revenue: $660,268
- Gross Receipts: $12,785,065
Assets and Liabilities:
- Total Assets: $9,556,932
- Total Liabilities: $4,046,167
- Net Assets: $5,510,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Project Income
Revenue
$660,268
Organization Details
Founding Year
1965
Principal Officer
Pe Cross
Website
www.wadi-inc.comNTEE Category
Code: B22Z - Education
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