East Shore Industries Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391147668 ✦ Algoma, WI ✦ Designated as a 501(c)(3)

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Overview

What is East Shore Industries Inc?

East Shore Industries Inc, a nonprofit based in Algoma, Wisconsin, is dedicated to empowering individuals with disabilities. Their mission is to aid these individuals in realizing their personal independence and professional aspirations. They accomplish this through various programs, with a significant focus on vocational services and Mops/subcontracting. The organization's activities are geared towards helping these individuals reach their employment objectives, providing them with the necessary support to thrive.


Official website here: www.eastshoreindustries.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star Rating

East Shore Industries Inc has earned an overall score of 81%, reflecting a solid performance in accountability and finance. The organization achieved a perfect score for having an entirely independent board, which is a significant indicator of governance and transparency. Additionally, the charity maintains proper policies for conflicts of interest and whistleblower protections, demonstrating a commitment to ethical practices.

The financial health of East Shore Industries Inc is also commendable, with a program expense ratio of 79.16%, indicating that a substantial portion of its funds is directed toward its mission-related programs. The organization shows effective management of its assets, with a low liabilities to assets ratio of 1.73%. This suggests a stable financial footing, allowing for better sustainability in its operations.

However, the charity's score is based solely on the Accountability & Finance beacon, which means there is no evaluation of other factors such as impact and effectiveness. While the financial aspects are strong, potential donors and stakeholders may seek more comprehensive information regarding the charity's program outcomes and overall impact on the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is East Shore Industries Inc legitimate?

East Shore Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Shore Industries 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: $956,023

For more financial information, click here


Official website here: www.eastshoreindustries.com

What is the mission statement of East Shore Industries Inc?

East Shore Industries Inc's mission is centered around supporting individuals with disabilities. Their primary objective is to help these individuals achieve their personal independence and employment goals. They accomplish this through various programs, such as vocational services and Mops/subcontract. By providing these resources, East Shore Industries aims to empower individuals with disabilities, enabling them to lead more independent and fulfilling lives.


Official website here: www.eastshoreindustries.com

Who is the CEO of East Shore Industries Inc?

Tracy Nelson is the President/Ceo of East Shore Industries Inc. The CEO's salary of East Shore Industries Inc is $0 and their total compensation is $0.


Official website here: www.eastshoreindustries.com

What is the revenue of East Shore Industries Inc?

East Shore Industries Inc's revenue in 2022 was $1,763,076.


Official website here: www.eastshoreindustries.com

Who are the executives of East Shore Industries Inc and what are their salaries?

The average compensation at East Shore Industries Inc during 2022 was $14,938. There are 64 employees and 30 volunteers at East Shore Industries Inc.


Here are 9 key members and their salaries (East Shore Industries Inc's CEO's salary is $0 and their total compensation is $0):


Kacy Rohr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Wiese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Thillman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Treml (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Zenner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Kohnle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Weichelt (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Fulwiler (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Nelson (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eastshoreindustries.com

Where can I find the form 990 for East Shore Industries Inc?

East Shore Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eastshoreindustries.com

Learn more at the official website: www.eastshoreindustries.com

Mission Statement of East Shore Industries Inc

East Shore Industries, a nonprofit organization, is committed to assisting individuals with disabilities in attaining their personal independence and employment goals. They achieve this mission through a variety of programs, such as vocational services and Mops/subcontract. By providing these resources, East Shore Industries empowers individuals with disabilities to lead more independent and fulfilling lives, ultimately helping them achieve their career aspirations.

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Impact




July, 2024

East Shore Industries Inc has a significant impact on the lives of individuals with disabilities by assisting them in achieving personal independence and employment goals. Through their vocational services and Mops/subcontract programs, they provide valuable opportunities for individuals to develop skills, gain experience, and contribute to the workforce. By empowering individuals with disabilities to become more independent and engaged in meaningful work, East Shore Industries Inc plays a crucial role in fostering inclusion and equality within the community.




This information is meant to be a general summary of East Shore Industries 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.

Revenue
$1,763,076 (2022)
Expenses
$1,338,402 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $131,409
  • Program Service Revenue: $1,082,776
  • Gross Receipts: $3,716,173

Assets and Liabilities:

  • Total Assets: $5,732,406
  • Total Liabilities: $99,493
  • Net Assets: $5,632,913

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GRANT-CHALLENGED PERSONS

Revenue

$1,082,776

Organization Details

Founding Year

1974

Principal Officer

Tracy Nelson

Main Address

813 RABAS STREET, ALGOMA, WI, 54201

NTEE Category

Code: J30 - Employment

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