Overview
What is Rehabilitation Institute Of Michigan Foundation?
The Rehabilitation Institute of Michigan Foundation, often referred to as the RIM Foundation, is a nonprofit organization situated in Detroit, Michigan. Their primary mission is to promote the rehabilitation of individuals with life-altering disabilities by funding research, education, and community benefit programs. The RIM Foundation supports the development of innovative physical medicine techniques, treatments, and community-based programs for the physically disabled. Among their initiatives, they offer Sportsability, a program providing competitive and recreational sports opportunities for people with disabilities. Activities range from wheelchair basketball and ballroom dancing to adapted water-skiing, kayaking, and snow skiing. The RIM Foundation's certified therapeutic recreational specialists assist in forming teams, clinics, and equipment adaptations. The Sportsability program is open to children and adults with disabling or chronic conditions throughout metropolitan Detroit.
Official website here: www.rimfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Stars
The Rehabilitation Institute Of Michigan Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The high score of 90% is solely driven by their Accountability & Finance metrics, indicating a robust financial health and operational transparency. Notably, the foundation has a fully independent board, demonstrating a commitment to ethical governance.
The organization showcases effective financial management, with none of its assets being diverted improperly and a favorable liabilities to assets ratio of 4.33%. Additionally, a significant portion of its expenses, 68.20%, is allocated directly to programs, emphasizing its focus on fulfilling its mission rather than administrative costs.
While the foundation excels in these areas, the data mainly highlights financial aspects, and there may be limited information on programmatic outcomes or community impact. Overall, the Rehabilitation Institute Of Michigan Foundation stands out for its strong governance and financial practices, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Rehabilitation Institute Of Michigan Foundation legitimate?
Rehabilitation Institute Of Michigan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rehabilitation Institute Of Michigan Foundation 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: $144,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,048
For more financial information, click here
Official website here: www.rimfoundation.org
What is the mission statement of Rehabilitation Institute Of Michigan Foundation?
The Rehabilitation Institute of Michigan Foundation, often referred to as the RIM Foundation, is committed to supporting the rehabilitation of individuals with life-altering disabilities. This is achieved through funding research, community benefit programs, and educational initiatives focused on physical medicine, treatment techniques, and the betterment of the physically disabled. The organization's activities extend to community-based programs that provide competitive and recreational sports opportunities for individuals with disabilities, including wheelchair basketball, ballroom dancing, fitness training, and adaptive water sports. The RIM Foundation's certified therapeutic recreational specialists help form teams, conduct clinics, and adapt equipment for these activities, making them accessible to children and adults with various disabling conditions.
Official website here: www.rimfoundation.org
Who is the CEO of Rehabilitation Institute Of Michigan Foundation?
Kathleen Spillane Knight is the Chair of Rehabilitation Institute Of Michigan Foundation.
Official website here: www.rimfoundation.org
What is the revenue of Rehabilitation Institute Of Michigan Foundation?
Rehabilitation Institute Of Michigan Foundation's revenue in 2022 was $536,562.
Official website here: www.rimfoundation.org
Who are the executives of Rehabilitation Institute Of Michigan Foundation and what are their salaries?
There 12 volunteers at Rehabilitation Institute Of Michigan Foundation.
Here are 13 key members and their salaries:
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- Compensation: $144,600
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Official website here: www.rimfoundation.org
Where can I find the form 990 for Rehabilitation Institute Of Michigan Foundation?
Rehabilitation Institute Of Michigan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rimfoundation.org
Learn more at the official website: www.rimfoundation.org
Mission Statement of Rehabilitation Institute Of Michigan Foundation
The Rehabilitation Institute of Michigan Foundation, often referred to as RIM Foundation, is committed to advancing the rehabilitation of individuals living with life-altering disabilities. This is achieved through their support of research, education, and community benefit programs. The organization's primary objective is to contribute funds towards the development of physical medicine, refining treatment techniques, and aiding the physically disabled through community-based programs.
By focusing on research, RIM Foundation aims to uncover new methods and technologies to enhance the rehabilitation process. Through education, they aim to equip professionals and the public with the necessary knowledge to better understand and support individuals with disabilities. Furthermore, the foundation invests in community benefit programs, providing resources and opportunities that foster the well-being and independence of those affected by disabilities.
Sportsability, a program run by RIM Foundation, is a significant part of their community benefit efforts. This program offers competitive and recreational sports opportunities for individuals with disabilities. Sportsability members can participate in various activities, such as wheelchair basketball, adaptive water skiing, and hand cycling clinics, among others. The foundation's certified therapeutic recreational specialists play a crucial role in the formation of teams, clinics, training, and equipment adaptations, ensuring the program is inclusive and accessible to individuals of all ages and abilities.
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Impact
July, 2024
Rehabilitation Institute Of Michigan Foundation's impact is dedicated to promoting the rehabilitation of persons with life-altering disabilities through the support of research, education, and community benefit programs. One notable program they offer is SportsAbility, which provides competitive and recreational sporting opportunities for individuals with disabilities. Participants have a wide range of activities to engage in, such as wheelchair basketball, ballroom dancing, adaptive skiing, and yoga. This foundation's certified therapeutic recreational specialists assist in forming teams, providing training, and adapting equipment to ensure that individuals with disabling conditions can actively participate in these programs. Overall, Rehabilitation Institute Of Michigan Foundation's impact extends to enhancing the lives of children and adults throughout metropolitan Detroit who may have spinal cord injuries, brain injuries, amputations, strokes, and other conditions, offering them opportunities for physical activity and social engagement.
This information is meant to be a general summary of Rehabilitation Institute Of Michigan Foundation. 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: $243,685
- Gross Receipts: $1,966,021
Assets and Liabilities:
- Total Assets: $7,302,426
- Total Liabilities: $316,762
- Net Assets: $6,985,664
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Organization Details
Founding Year
1953
Phone
(313) 745-9731Principal Officer
Kathleen Spillane Knight
Main Address
261 MACK AVENUE 509, DETROIT, MI, 482012417
Website
www.rimfoundation.orgNTEE Category
Code: E24 - Health
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