Overview
What is Progress Industries?
Progress Industries is a nonprofit organization based in Newton, Iowa, with a workforce of 313 employees. They specialize in vocational programs, focusing on providing work services and job preparation for disabled individuals. Through their programs, they aim to teach good work habits and offer assistance to place clients in community jobs. The organization's mission is to transform the lives of people with disabilities by offering valuable opportunities and essential skills, enabling them to fulfill their needs and pursue their dreams.
Official website here: www.progressindustries.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Progress Industries has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The rating is based entirely on their Accountability & Finance score, which stands out at 96%. This indicates that the organization demonstrates strong operational practices, ensuring donor funds are managed effectively and transparently.
One of the key strengths of Progress Industries is its governance structure, with 90% of its board members being independent, which promotes unbiased decision-making. The organization also excels in its financial responsibility, showcasing a program expense ratio of 88.82%, meaning that a significant portion of its expenses directly supports its mission-related activities. Additionally, the nonprofit adheres to various policies, such as conflict of interest and whistleblower protections, which further highlights its commitment to ethical standards.
However, while the organization scores well in financial metrics, the data does not provide specific information on its programmatic outcomes or impact. This lack of detail may leave potential donors and stakeholders with questions regarding the effectiveness of its programs, despite the impressive financial management and accountability practices noted in the rating.
This AI summary has been generated from information found on Charity Navigator.
Is Progress Industries legitimate?
Progress Industries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Progress Industries 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: $243,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,742,937
For more financial information, click here
Official website here: www.progressindustries.org
What is the mission statement of Progress Industries?
Progress Industries is dedicated to transforming the lives of individuals with disabilities by presenting them with opportunities and the essential skills required to meet their needs and chase their dreams. Through their vocational programs, they provide work services and job preparation training for disabled individuals, focusing on instilling good work habits and assisting them in community job placements. Their mission is to offer a chance at self-sufficiency and independence to those who may face significant barriers in the workforce. By equipping individuals with the necessary skills, Progress Industries empowers them to contribute meaningfully to their communities and lead fulfilling lives.
Official website here: www.progressindustries.org
Who is the CEO of Progress Industries?
Sandra K Ham is the President/Ceo of Progress Industries. The CEO's salary of Progress Industries is $120,655 and their total compensation is $155,639.
Official website here: www.progressindustries.org
What is the revenue of Progress Industries?
Progress Industries's revenue in 2023 was $12,941,724.
Official website here: www.progressindustries.org
Who are the executives of Progress Industries and what are their salaries?
The average compensation at Progress Industries during 2023 was $25,515. There are 313 employees and 40 volunteers at Progress Industries.
Here are 11 key members and their salaries (Progress Industries's CEO's salary is $120,655 and their total compensation is $155,639):
- Compensation: $120,655
- Related: $0
- Other: $34,984
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $64,893
- Related: $0
- Other: $15,704
Official website here: www.progressindustries.org
Where can I find the form 990 for Progress Industries?
Progress Industries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.progressindustries.org
Learn more at the official website: www.progressindustries.org
Mission Statement of Progress Industries
Progress Industries, a trailblazing nonprofit organization, strives to transform the lives of individuals with disabilities by offering them the opportunities and essential skills needed to meet their basic needs and chase their dreams. The mission of Progress Industries is multifaceted, focusing on providing vocational programs that encompass work services and job preparation. These programs are meticulously designed to teach and aid clients in cultivating good work habits and general work skills. The ultimate goal is to place clients in community jobs, allowing them to contribute meaningfully to society. Progress Industries' unwavering commitment to empowering individuals with disabilities sets the stage for a world where everyone has the chance to reach their full potential.
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Impact
October, 2024
Progress Industries plays a pivotal role in enriching the lives of individuals with disabilities by equipping them with essential skills and opportunities. Through its vocational programs, it offers work services and job preparation training that empower clients to develop good work habits and gain practical experience. This comprehensive support helps individuals transition into meaningful employment within the community, transforming not just their professional lives but also enhancing their overall well-being and independence. By focusing on fulfilling needs and encouraging aspirations, Progress Industries fosters a more inclusive society where everyone has the chance to contribute and thrive.
This information is meant to be a general summary of Progress Industries. 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.
- Investment Income: $14,014
- Program Service Revenue: $12,098,428
- Gross Receipts: $12,941,724
Assets and Liabilities:
- Total Assets: $5,477,676
- Total Liabilities: $1,295,872
- Net Assets: $4,181,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM GOVERNMENTAL AGENCIES
Revenue
$11,885,469
PROGRAM SERVICE INCOME
Revenue
$212,638
PRIVATE PAY
Revenue
$321
Organization Details
Founding Year
1979
Phone
(641) 792-6119Principal Officer
Sandra K Ham
Main Address
202 N 3RD AVE W, NEWTON, IA, 50208
Website
www.progressindustries.orgNTEE Category
Code: J30Z - Employment
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