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The Arc Eau Claire Inc

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

EIN: 391348746 ✦ Eau claire, WI ✦ Designated as a 501(c)(3)

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Overview

What is The Arc Eau Claire Inc?

The Arc Eau Claire Inc, based in Eau Claire, Wisconsin, is a nonprofit organization dedicated to enhancing the well-being of individuals with intellectual or developmental disabilities. They provide Representative Payee Services, specifically financial management assistance, to ensure the financial security of these individuals. Their mission is multifaceted, aiming to promote their general welfare and foster the development of programs for their benefit. Furthermore, they encourage research in this field to further support and advocate for their needs. With a modest workforce of three employees, The Arc Eau Claire Inc is committed to making a significant impact in the lives of those it serves.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68%, earning a Two-Star out of Four Star rating.

The Arc Eau Claire Inc has received a two-star rating, indicating some strengths as well as areas needing improvement. The organization boasts a full score for accountability measures, such as having a majority of independent board members and a comprehensive conflict of interest policy. Additionally, its program expense ratio is quite strong at 95.09%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs.

However, the nonprofit faces challenges in transparency and governance, as it has missing policies including a whistleblower policy and a document retention policy. Furthermore, the organization's tax form is not available on its website, limiting access to crucial financial information for potential donors and stakeholders. The liabilities to assets ratio also raises concerns, as it scored only 3 out of 15 points in this area, indicating potential financial risks. Overall, while The Arc Eau Claire Inc demonstrates commitment to accountability, enhancing its governance practices could significantly improve its rating and public perception.


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

Is The Arc Eau Claire Inc legitimate?

The Arc Eau Claire Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Arc Eau Claire 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: $70,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,302

For more financial information, click here

What is the mission statement of The Arc Eau Claire Inc?

The Arc Eau Claire Inc's mission is centered around promoting the welfare of individuals with intellectual and developmental disabilities. They actively work towards fostering the development of programs and encouraging research on their behalf. This organization aims to enhance their well-being and quality of life. In addition, The Arc Eau Claire Inc provides representative payee services, ensuring the financial security of these individuals by managing their finances effectively.

Who is the CEO of The Arc Eau Claire Inc?

Marit Waack is the Executive Di of The Arc Eau Claire Inc.

What is the revenue of The Arc Eau Claire Inc?

The Arc Eau Claire Inc's revenue in 2022 was $213,848.

Who are the executives of The Arc Eau Claire Inc and what are their salaries?

The average compensation at The Arc Eau Claire Inc during 2022 was $40,165. There are 3 employees at The Arc Eau Claire Inc.


Here are 6 key members and their salaries:


Marit Waack (Executive Di)
  • Compensation: $70,194
  • Related: $0
  • Other: $0
Sue Carey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Fladten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauri Malnory (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Mundt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Norby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Arc Eau Claire Inc?

The Arc Eau Claire Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Arc Eau Claire Inc

The Arc Eau Claire Inc, a nonprofit organization, is dedicated to promoting the general welfare of individuals with intellectual or developmental disabilities. Their primary mission is to foster the development of programs and encourage research on their behalf, aiming to enhance their quality of life. To achieve this, they provide Representative Payee Services, a financial management solution that ensures the financial security of those they serve. This service is crucial in managing the financial aspects of individuals with intellectual or developmental disabilities, ensuring their well-being and independence.

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Impact




October, 2024

The Arc Eau Claire Inc plays a vital role in enhancing the lives of individuals with intellectual and developmental disabilities. By providing representative payee services, the organization ensures that these individuals can maintain financial security, allowing them to focus on their personal development and well-being.

In addition to financial management, The Arc promotes the general welfare of individuals with intellectual disabilities by fostering the development of programs tailored to their needs. The organization also encourages research aimed at improving their quality of life, underscoring its commitment to advocacy and support.

Located in Eau Claire, Wisconsin, The Arc creates a supportive community where individuals can thrive, access necessary resources, and gain a stronger sense of independence. Through its comprehensive services and initiatives, The Arc Eau Claire Inc significantly contributes to the social, emotional, and financial stability of those it serves, ultimately fostering a more inclusive society.




This information is meant to be a general summary of The Arc Eau Claire 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
$213,848 (2022)
Expenses
$205,723 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,454
  • Program Service Revenue: $195,032
  • Gross Receipts: $214,072

Assets and Liabilities:

  • Total Assets: $398,716
  • Total Liabilities: $263,255
  • Net Assets: $135,461

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Programs

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

GUARDIANSHIP FEES

Revenue

$190,923

CASE FEES

Revenue

$4,109

Organization Details

Principal Officer

Marit Waack

Main Address

800 WISCONSIN ST BOX 86 BLDG D02, EAU CLAIRE, WI, 54703

NTEE Category

Code: P20 - Human services

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