Overview
What is Redwood Inc?
Redwood Inc is a nonprofit organization situated in Oxford, Michigan. Its primary mission is to cater to the needs of individuals with developmental disabilities. They offer a comprehensive range of services, including food, shelter, medical care, clothing, transportation, training, and personal care, within four residential homes. The organization's goal is to enable these individuals to reach their optimal potential and enjoy the rights accorded to them as citizens. Redwood Inc also provides community placement opportunities and various therapeutic and vocational services to enhance their overall well-being. With a dedicated workforce of 68 employees, Redwood Inc is committed to making a significant impact in the lives of those with developmental disabilities.
Official website here: www.redwoodinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Redwood Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of effectiveness and accountability. The rating is based solely on the organization’s Accountability & Finance metrics, where it scored 77%. This score reflects a strong commitment to transparency and financial health, as evidenced by its high marks in independent board governance and program expense ratio, with 87.26% of expenses dedicated to its programs.
The organization demonstrates robust governance, with a fully independent board, a thorough review of financial statements, and no material diversion of assets. However, the charity has a notable gap in its operational policies, specifically the lack of a conflict of interest policy, which may raise concerns about transparency. Additionally, it did not post its tax form on its website as required by the Tax Form Posting guideline, affecting its overall accountability score.
While Redwood Inc shows strengths in various areas of financial management, the shortcomings in policy documentation could impact its credibility. The organization would benefit from addressing these limitations to enhance its transparency and public trust while continuing its commitment to effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Redwood Inc legitimate?
Redwood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redwood 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: $75,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $530,867
For more financial information, click here
Official website here: www.redwoodinc.org
What is the mission statement of Redwood Inc?
Redwood Inc's mission is centered around serving the needs of individuals with developmental disabilities, mental illnesses, or aging issues. Their objective is to offer community placement opportunities and various services such as recreational, vocational, and therapeutic activities. This is aimed at enabling these individuals to reach their full potential, while upholding their rights as citizens. Redwood Inc provides essential support in the form of food, shelter, medical care, clothing, transportation, training, and care in four residential homes specifically designed for people with developmental disabilities.
Official website here: www.redwoodinc.org
Who is the CEO of Redwood Inc?
Reeta Smith is the President of Redwood Inc.
Official website here: www.redwoodinc.org
What is the revenue of Redwood Inc?
Redwood Inc's revenue in 2022 was $945,384.
Official website here: www.redwoodinc.org
Who are the executives of Redwood Inc and what are their salaries?
The average compensation at Redwood Inc during 2022 was $8,914. There are 68 employees and 5 volunteers at Redwood Inc.
Here are 6 key members and their salaries:
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- Compensation: $80,000
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- Other: $0
Official website here: www.redwoodinc.org
Where can I find the form 990 for Redwood Inc?
Redwood Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redwoodinc.org
Learn more at the official website: www.redwoodinc.org
Mission Statement of Redwood Inc
Redwood Inc, a notable organization, is dedicated to serving the needs of individuals who are mentally ill, aged, or developmentally disabled. Its mission is multifaceted, aiming to provide these individuals with community placement opportunities and alternatives, as well as recreational, vocational, and therapeutic services. The ultimate goal is to empower these individuals to function at their optimal potential, while upholding the rights they are entitled to as citizens.
To achieve this mission, Redwood Inc offers a range of services. It provides food, shelter, medical care, clothing, transportation, training, and care in four residential homes specifically designed for individuals with developmental disabilities. These residential homes serve as safe and supportive environments, allowing the residents to lead fulfilling lives while receiving the necessary care and assistance.
In summary, Redwood Inc is an organization that is committed to enhancing the lives of individuals with disabilities, mental illness, or advanced age. Its mission is to offer them community placement opportunities and a variety of services, including recreational, vocational, and therapeutic programs. The ultimate aim is to enable these individuals to reach their full potential, all while respecting their rights as citizens.
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Impact
July, 2024
Redwood Inc has a significant impact on the community by providing essential services to individuals with developmental disabilities. Their efforts include offering food, shelter, medical assistance, clothing, transportation, training, and care in four residential homes dedicated to this cause. Through their mission to enable disabled individuals to function at their optimum potential and enjoy all rights afforded to them as citizens, Redwood Inc plays a crucial role in supporting the well-being and inclusion of this vulnerable population in Oxford, MI.
This information is meant to be a general summary of Redwood 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 2022.
- Investment Income: $1
- Program Service Revenue: $334,551
- Gross Receipts: $945,384
Assets and Liabilities:
- Total Assets: $35,192
- Total Liabilities: $290,419
- Net Assets: -$255,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOME HELP REVENUE
Revenue
$174,830
RESIDENT SSI/SSB REV
Revenue
$144,621
FOOD STAMP REVENUE
Revenue
$15,100
Organization Details
Founding Year
1988
Phone
(248) 625-1280Principal Officer
Reeta Smith
Main Address
PO BOX 684, OXFORD, MI, 483710684
Website
www.redwoodinc.orgNTEE Category
Code: B28Z - Education
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