Overview
What is Wabash Area Vocational Enterprises?
Wabash Area Vocational Enterprises is a nonprofit organization dedicated to enhancing the well-being of individuals with developmental disabilities. They achieve this mission through various means, including scattered sites, regular work placements, vocational development programs, and the River Oaks program. This holistic approach aims to provide a comprehensive range of services, ensuring that those affected by developmental disabilities can lead fulfilling lives. The organization's efforts are centered around promoting their welfare and fostering opportunities for growth and independence.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Wabash Area Vocational Enterprises has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 82% in its most recent fiscal year (FY2023), with the overall score focusing entirely on financial practices. This reflects a strong commitment to transparency and responsible management of funds.
The organization demonstrates exceptional governance, with 100% independent board members and a well-structured board size. It has also received full scores for its audit and oversight committee, material diversion of assets, and documentation of board meeting minutes. The low liabilities to assets ratio of 1.76% further highlights its financial health, showcasing effective resource management.
While the financial indicators are positive, the rating does not reflect other potential areas of performance, such as community impact or program effectiveness. Users seeking comprehensive insights into the organization’s overall effectiveness may need to supplement their research with additional information beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Wabash Area Vocational Enterprises legitimate?
Wabash Area Vocational Enterprises is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wabash Area Vocational Enterprises 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: $718,559
For more financial information, click here
What is the mission statement of Wabash Area Vocational Enterprises?
Wabash Area Vocational Enterprises, in its mission, focuses on enhancing the well-being of individuals with developmental disabilities. They accomplish this by implementing scattered sites, providing training opportunities, offering regular employment, fostering vocational development, and managing the River Oaks programs. The organization's goal is to create an environment that supports the overall growth and development of these individuals, thereby contributing to their improved quality of life.
Who is the CEO of Wabash Area Vocational Enterprises?
Thomas P Allen is the Director of Wabash Area Vocational Enterprises. The CEO's salary of Wabash Area Vocational Enterprises is $21,575 and their total compensation is $21,575.
What is the revenue of Wabash Area Vocational Enterprises?
Wabash Area Vocational Enterprises's revenue in 2022 was $1,117,624.
Who are the executives of Wabash Area Vocational Enterprises and what are their salaries?
The average compensation at Wabash Area Vocational Enterprises during 2022 was $13,558. There are 53 employees at Wabash Area Vocational Enterprises.
Here are 7 key members and their salaries (Wabash Area Vocational Enterprises's CEO's salary is $21,575 and their total compensation is $21,575):
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- Compensation: $40,076
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- Compensation: $21,575
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Where can I find the form 990 for Wabash Area Vocational Enterprises?
Wabash Area Vocational Enterprises's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wabash Area Vocational Enterprises
Wabash Area Vocational Enterprises, a nonprofit organization, is dedicated to enhancing the well-being of individuals with developmental disabilities. It achieves this mission through various initiatives. The organization operates scattered sites, providing a dispersed network of resources and opportunities for these individuals. Furthermore, Wabash Area Vocational Enterprises focuses on developing training programs to equip these individuals with necessary skills. Regular work and vocational development are also integral parts of their mission, offering individuals the chance to gain practical experience and independence. Additionally, the organization operates River Oaks programs, which likely provide further support and growth opportunities for the developmentally disabled individuals they serve. In essence, Wabash Area Vocational Enterprises strives to enhance the lives of individuals with developmental disabilities by offering a range of services, including training, work opportunities, and vocational development.
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Impact
October, 2024
Wabash Area Vocational Enterprises significantly impacts the community by enhancing the lives of individuals with developmental disabilities. Through various programs, including training and vocational development, the organization helps participants gain essential skills and confidence needed for regular employment.
By focusing on the welfare of developmentally disabled individuals, Wabash Area Vocational Enterprises creates opportunities for integration into the community, fostering independence and dignity. Its scattered site approach ensures that services are accessible, allowing individuals to receive support tailored to their unique needs.
Additionally, programs like River Oaks play a crucial role in providing structured environments where participants can thrive, learn, and contribute to society. Overall, Wabash Area Vocational Enterprises empowers individuals and promotes inclusivity, thereby making a lasting positive impact on both participants and the community in Mount Carmel, Illinois.
This information is meant to be a general summary of Wabash Area Vocational Enterprises. 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: $724
- Program Service Revenue: $1,116,900
- Gross Receipts: $1,117,624
Assets and Liabilities:
- Total Assets: $2,030,445
- Total Liabilities: $56,827
- Net Assets: $1,973,618
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE
Revenue
$771,958
OTHER
Revenue
$344,942
Organization Details
Founding Year
1974
Phone
(618) 262-8614Principal Officer
Thomas P Allen
Main Address
PO BOX 487, MOUNT CARMEL, IL, 62863
NTEE Category
Code: Z99 - Unknown
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