Overview
What is Arenac Opportunities Inc?
Arenac Opportunities Inc, located at 4358 AIRPARK DRIVE, STANDISH, MI 48658, is a dedicated nonprofit organization that focuses on improving the lives of individuals with mental health challenges in Arenac County. Their mission is multifaceted, aiming to enhance the well-being of the mentally handicapped, stimulate research and study in the mental health field, and foster a broader understanding of mental health issues among the general public. The organization offers skill-building programs, shelter work, and supported employment opportunities, aligned with state-promulgated services and Michigan Community Mental Health Services. With a workforce of 19 dedicated individuals, Arenac Opportunities Inc is committed to making a significant impact in the mental health community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Arenac Opportunities Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 94% in this category, which is based entirely on its accountability measures, indicating a high level of financial health and transparency. This rating is particularly significant as it highlights the charity's commitment to responsible financial management and ethical practices.
The organization boasts a fully independent board with 10 out of 10 points for having a majority of independent members, further showcasing its commitment to governance. Additionally, Arenac Opportunities Inc has demonstrated no material diversion of assets, ensuring that resources are utilized effectively for its programs. With a program expense ratio of 97.17%, the charity invests the vast majority of its funds directly into its mission, which is a positive indicator of its operational effectiveness.
Despite its strengths, the data does not provide insights into the impact of its programs or services, which would be valuable for potential donors seeking a comprehensive understanding of the organization's effectiveness. Overall, Arenac Opportunities Inc appears to be a financially sound organization with strong governance practices, making it a trustworthy option for supporters looking to contribute to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Arenac Opportunities Inc legitimate?
Arenac Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arenac 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,990
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What is the mission statement of Arenac Opportunities Inc?
Arenac Opportunities Inc is committed to improving the well-being of individuals with mental health challenges in their community. The organization encourages research and study in the field of mental health and strives to enhance public understanding of mental health issues. One of its primary objectives is to promote the general welfare of mentally handicapped individuals. In addition, Arenac Opportunities Inc offers skill-building programs, shelter work, and supported employment opportunities to individuals with mental health challenges, aligning with services established by the state of Michigan and Michigan Community Mental Health Services.
Who is the CEO of Arenac Opportunities Inc?
Deb Morgan is the Chairman Of Boa of Arenac Opportunities Inc.
What is the revenue of Arenac Opportunities Inc?
Arenac Opportunities Inc's revenue in 2023 was $469,171.
Who are the executives of Arenac Opportunities Inc and what are their salaries?
The average compensation at Arenac Opportunities Inc during 2023 was $10,157. There are 19 employees and 7 volunteers at Arenac Opportunities Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Arenac Opportunities Inc?
Arenac Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Arenac Opportunities Inc
Arenac Opportunities Inc, a nonprofit organization, is committed to enhancing the well-being of individuals with mental health challenges residing in Arenac County. The primary objective of this organization is threefold: firstly, to foster public understanding of mental health issues; secondly, to encourage research and study in this field; and thirdly, to actively promote these endeavors. By doing so, Arenac Opportunities Inc aims to create a more compassionate and informed society towards individuals dealing with mental health concerns.
To carry out its mission, Arenac Opportunities Inc provides various services for the mentally handicapped in Arenac County. These services include skill-building programs, sheltered work opportunities, and supported employment. These initiatives are in line with the guidelines established by the State of Michigan and Michigan Community Mental Health Services, ensuring that the organization's offerings are comprehensive and effective. By offering these services, Arenac Opportunities Inc strives to empower individuals with mental health challenges, helping them lead more fulfilling and independent lives.
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Impact
July, 2024
Arenac Opportunities Inc makes a significant impact in Arenac County by providing skill building, sheltered work, and supported employment for the mentally handicapped individuals in the area. Through their services, they empower individuals with mental disabilities to gain valuable skills, participate in meaningful work, and achieve greater independence. Additionally, the organization works to raise awareness about mental health issues and promote a better understanding of the challenges faced by individuals with mental disabilities in the community. Their focus on employment opportunities not only benefits the individuals they serve but also contributes to the overall welfare and inclusivity of Arenac County.
This information is meant to be a general summary of Arenac Opportunities 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 2023.
- Investment Income: $203,367
- Program Service Revenue: $26,383
- Gross Receipts: $556,912
Assets and Liabilities:
- Total Assets: $249,468
- Total Liabilities: $13,618
- Net Assets: $235,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC
Revenue
$2,707
WORK ACTIVITY
Revenue
$23,676
Organization Details
Phone
(989) 846-4441Principal Officer
Deb Morgan
Main Address
4358 AIRPARK DRIVE, STANDISH, MI, 48658
NTEE Category
Code: J33Z - Employment
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