Overview
What is Chrysalis Developmental Homes Inc?
Chrysalis Developmental Homes Inc is a nonprofit organization dedicated to supporting the developmentally disabled population. Their primary focus is to offer accommodation, meals, transportation, and vocational training to this group, aiming to enhance their overall well-being. The organization's mission is clear: to cater to the needs of this specific population, ensuring they have a secure and nurturing environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star Rating)
Chrysalis Developmental Homes Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. The organization showcases some strengths, including a fully independent board and a high program expense ratio of 89.84%, which suggests that a significant portion of its resources is directed towards its mission. Additionally, the presence of a conflict of interest and whistleblower policy points to a degree of governance integrity.
However, the nonprofit faces several critical limitations that have impacted its rating. The liabilities to assets ratio is notably high at 131.22%, indicating potential financial instability. Furthermore, the organization has not provided accessible financial statements or key documents on its website, such as its tax form, which can hinder transparency and accountability to stakeholders. These factors collectively contribute to the organization's overall rating and suggest areas where improvements are necessary for better operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Chrysalis Developmental Homes Inc legitimate?
Chrysalis Developmental Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chrysalis Developmental Homes 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: $118,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,199,487
For more financial information, click here
What is the mission statement of Chrysalis Developmental Homes Inc?
Chrysalis Developmental Homes Inc., as a mission, is dedicated to catering to the needs of individuals with developmental disabilities. They offer residential facilities, ensuring appropriate accommodation, along with necessary transportation and training. Their primary objective is to provide a supportive environment for this specific population, aiming to enhance their quality of life and enable them to reach their full potential.
What is the revenue of Chrysalis Developmental Homes Inc?
Chrysalis Developmental Homes Inc's revenue in 2023 was $1,644,696.
Who are the executives of Chrysalis Developmental Homes Inc and what are their salaries?
The average compensation at Chrysalis Developmental Homes Inc during 2023 was $22,346. There are 59 employees and 5 volunteers at Chrysalis Developmental Homes Inc.
Here are 6 key members and their salaries:
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- Compensation: $55,723
- Related: $0
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Where can I find the form 990 for Chrysalis Developmental Homes Inc?
Chrysalis Developmental Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Chrysalis Developmental Homes Inc
Chrysalis Developmental Homes Inc is committed to providing a supportive living environment for individuals with developmental disabilities. This nonprofit organization offers housing, meals, transportation, and educational training to cater to the unique needs of this population. Their mission is to ensure that these individuals have the necessary resources to lead fulfilling lives with dignity and independence. By providing room, board, transportation, and training, Chrysalis Developmental Homes Inc works tirelessly to support this vulnerable group, striving to enhance their quality of life and enable them to reach their full potential.
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Impact
July, 2024
Chrysalis Developmental Homes Inc's impact lies in providing essential support and care for the developmentally disabled. They offer room, board, transportation, and training to this population, enabling them to lead more fulfilling and independent lives. By focusing on the needs of the developmentally disabled, Chrysalis Developmental Homes helps enhance their quality of life and fosters inclusivity within the community.
This information is meant to be a general summary of Chrysalis Developmental Homes 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.
- Gross Receipts: $1,644,696
Assets and Liabilities:
- Total Assets: $77,552
- Total Liabilities: $101,775
- Net Assets: -$24,223
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Organization Details
Founding Year
1984
Principal Officer
Maribeth Knisley
NTEE Category
Code: P730 - Human services
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