Overview
What is Cochran Recovery Services Inc?
Cochran Recovery Services Inc, based in Hastings, Minnesota, is a nonprofit organization specializing in medium-intensity residential treatment for adult men struggling with substance use disorders and co-occurring mental health issues. Established in 1974, the organization underwent management by Nuway Alliance in 2019 to address growing challenges in the field. During the COVID-19 pandemic, Cochran Recovery Services provided quarantine space for clients with the virus, ensuring continuity of care. In 2022, the organization served over 650 individuals, an 18% increase from the previous year, showcasing its vital role in addressing the nation's increasing need for high-quality treatment. However, the organization faces numerous challenges, including complex policies, insurance regulations, and market conditions that threaten its existence. Despite these obstacles, Nuway Alliance, the current managing entity, has made operational, clinical, staffing, and infrastructure investments to strengthen and expand the program. Cochran Recovery Services, known in the community, continues to operate under its original identity while benefiting from Nuway Alliance's expertise. As a part of Nuway Alliance, Cochran Recovery Services aims to preserve treatment capacity, improve quality, and enhance its treatment offering for those in need. The organization plays a significant role in addressing an estimated 11% of Minnesota's adult treatment needs, making it a crucial resource in the state's extended behavioral healthcare system.
Official website here: www.detoxone.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Cochran Recovery Services Inc has achieved a three-star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity's score is entirely based on its accountability practices, reflecting a commitment to transparency and responsible financial management.
The organization has scored highly in various areas, such as having a fully audited financial statement and no material diversion of assets. With a program expense ratio of 94.93%, it demonstrates a strong focus on utilizing funds for its intended purposes, which is a positive indicator for potential donors.
While the overall score is commendable, the reliance on a single beacon score means that other areas of performance, like program effectiveness, are not evaluated in this rating. This limitation highlights the need for potential supporters to seek additional information on the direct impact of Cochran Recovery Services Inc's programs.
This AI summary has been generated from information found on Charity Navigator.
Is Cochran Recovery Services Inc legitimate?
Cochran Recovery Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cochran Recovery Services 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: $1,461,443
For more financial information, click here
Official website here: www.detoxone.org
What is the mission statement of Cochran Recovery Services Inc?
Cochran Recovery Services Inc's mission is to provide treatment for individuals struggling with substance use and mental health disorders. This mission is achieved by offering medium-intensity residential treatment, particularly catering to adult men. Amidst the challenges posed by evolving policies, insurance regulations, and market conditions, Cochran Recovery Services has continued to adapt and improve its programming to better address clients' needs. In 2022, the facility served over 650 individuals, a 18% increase from the previous year, demonstrating its commitment to expanding treatment capacity and providing high-quality care. Cochran Recovery Services, now managed by Nuway Alliance, has benefited from operational and clinical investments, resulting in improved financial stability, clinical innovation, and employee relations, thereby enhancing its treatment offering. Despite being managed by Nuway Alliance, Cochran Recovery Services maintains its identity and brand, known within the community. The organization plays a significant role in meeting Minnesota's treatment needs, serving an estimated 11% of the state's adult treatment needs (22% of the state's publicly funded treatment needs).
Official website here: www.detoxone.org
Who is the CEO of Cochran Recovery Services Inc?
Kenneth Roberts is the Principal Officer of Cochran Recovery Services Inc.
Official website here: www.detoxone.org
What is the revenue of Cochran Recovery Services Inc?
Cochran Recovery Services Inc's revenue in 2022 was $3,804,946.
Official website here: www.detoxone.org
Who are the executives of Cochran Recovery Services Inc and what are their salaries?
The average compensation at Cochran Recovery Services Inc during 2022 was $25,197. There are 58 employees and 5 volunteers at Cochran Recovery Services Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $379,270
- Other: $129,188
- Compensation: $0
- Related: $319,099
- Other: $101,602
- Compensation: $0
- Related: $311,120
- Other: $106,528
- Compensation: $0
- Related: $243,660
- Other: $83,373
- Compensation: $103,633
- Related: $0
- Other: $7,502
Official website here: www.detoxone.org
Where can I find the form 990 for Cochran Recovery Services Inc?
Cochran Recovery Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.detoxone.org
Learn more at the official website: www.detoxone.org
Mission Statement of Cochran Recovery Services Inc
Cochran Recovery Services Inc, a long-standing entity in the behavioral health care sector, is dedicated to providing treatment for adults struggling with substance use and mental health disorders. Established in 1974, this organization has continuously met a vital need in the community, offering medium-intensity residential treatment. In 2019, it came under the management of Nuway Alliance, which has further enhanced its services and capacity.
During challenging times, such as the COVID-19 pandemic, Cochran Recovery Services demonstrated its commitment by providing quarantine space for clients infected with the virus, ensuring uninterrupted care and treatment. In 2022, the organization served over 650 individuals, a significant increase from the previous year, reflecting its effectiveness in addressing the growing need for high-quality treatment.
Cochran Recovery Services faces numerous challenges in the ever-evolving and complex policies, insurance regulations, and market conditions. Despite these daunting obstacles, the organization continues to strive for clinical innovation, financial stability, and improved employee relations. By collaborating with Nuway Alliance, Cochran Recovery Services has been able to enhance its treatment offerings, ultimately benefiting those seeking recovery from substance use disorders and co-occurring mental health conditions.
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Impact
June, 2024
Cochran Recovery Services Inc has a significant impact in providing treatment for individuals with substance use and mental health disorders. The organization offers medium-intensity residential treatment for adult men and has been operational since 1974. In 2019, the management was taken over by Nuway Alliance, leading to enhanced services and increased capacity.
In 2022, Cochran Recovery Services served over 650 individuals, a notable increase from the previous year. The partnership with Nuway Alliance has enabled Cochran Recovery Services to adapt its programming to better meet the needs of clients, particularly during challenging times like the COVID-19 pandemic. By providing quarantine space for clients with the virus, Cochran ensured that individuals could continue receiving the necessary care and treatment.
Furthermore, Nuway Alliance's intervention has not only preserved the existing treatment capacity at Cochran Recovery Services but has also enhanced treatment efficacy and efficiency. The operational and managerial expertise brought by Nuway Alliance has significantly improved the financial stability, clinical innovation, and employee relations within the program.
Overall, Cochran Recovery Services Inc, under the management of Nuway Alliance, plays a crucial role in meeting the treatment needs of individuals with substance use and mental health disorders in the community. By offering high-quality care and adapting to the evolving landscape of behavioral healthcare, Cochran Recovery Services makes a lasting impact on the individuals it serves.
This information is meant to be a general summary of Cochran Recovery Services 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: $2,292
- Program Service Revenue: $3,799,064
- Gross Receipts: $3,804,946
Assets and Liabilities:
- Total Assets: $1,892,112
- Total Liabilities: $574,127
- Net Assets: $1,317,985
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DETOX/CHEM DEP TREATME
Revenue
$3,799,064
Organization Details
Founding Year
1973
Phone
(651) 437-4209Principal Officer
Kenneth Roberts
Main Address
1294 18TH STREET EAST, HASTINGS, MN, 55033
Website
www.detoxone.orgNTEE Category
Code: F20Z - Mental health
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