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Rise Ltd

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

EIN: 421148364 ✦ Elkader, IA ✦ Designated as a 501(c)(3)

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Overview

What is Rise Ltd?

Rise Ltd. is a nonprofit organization situated in Elkader, Iowa, at 106 Rainbow Drive. Their primary mission is to empower individuals with intellectual disabilities, brain injuries, and mental illness, promoting their independence. They achieve this through the provision of both residential and day program services, which are CARF-accredited. Rise Ltd. supports 72 individuals through Community Living Skills, and houses 20 people in their three group homes. Additionally, they offer Day Habilitation services to 57 individuals, enhancing their daily lives. The organization's total workforce comprises 61 dedicated individuals.


Official website here: www.riseltd.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Rise Ltd demonstrates a strong commitment to accountability and transparency, as evidenced by its perfect 100% score in Accountability & Finance on Charity Navigator. The organization boasts a fully independent board, which enhances its governance structure. Additionally, all necessary policies, including conflict of interest and whistleblower policies, are in place, further ensuring ethical operations.

Financially, Rise Ltd shows robust performance with a program expense ratio of 90.07%, indicating that a significant majority of its resources directly support its programs and services. The organization has successfully maintained a low liabilities to assets ratio of 9.19%, reflecting fiscal health and stability. The recent audit also received full marks, suggesting sound financial practices.

While Rise Ltd appears to excel in many areas, ongoing assessment and transparency will be critical to maintaining its high standards. The organization is well-positioned to continue its impactful work, but as with any nonprofit, sustained funding and effective program delivery will be essential for future success.


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

Is Rise Ltd legitimate?

Rise Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rise Ltd 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: $109,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,653,196

For more financial information, click here


Official website here: www.riseltd.org

What is the mission statement of Rise Ltd?

Rise Ltd's mission is centered around fostering independence. They accomplish this by offering residential and day program services to individuals with intellectual disabilities, brain injury, and mental illness. The primary goal of these services is to enhance the quality of life for the people they serve. Rise Ltd operates group homes with a capacity of 20 beds and apartment complexes with 13 living units, providing Supported Community Living Skills. Furthermore, they offer Day Habilitation services to 57 individuals, which is a program recognized by CARF for its quality.


Official website here: www.riseltd.org

Who is the CEO of Rise Ltd?

Jessica Pensel is the Chair of Rise Ltd.


Official website here: www.riseltd.org

What is the revenue of Rise Ltd?

Rise Ltd's revenue in 2022 was $3,538,465.


Official website here: www.riseltd.org

Who are the executives of Rise Ltd and what are their salaries?

The average compensation at Rise Ltd during 2022 was $28,897. There are 61 employees and 5 volunteers at Rise Ltd.


Here are 7 key members and their salaries:


Allan Nelson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hankey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Vorwald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jade Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audie Baumgartner (Director (Through March 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Pensel (Executive Director)
  • Compensation: $82,108
  • Related: $0
  • Other: $20,858


Official website here: www.riseltd.org

Where can I find the form 990 for Rise Ltd?

Rise Ltd's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.riseltd.org

Learn more at the official website: www.riseltd.org

Mission Statement of Rise Ltd

Rise Ltd, a nonprofit organization, is dedicated to fostering independence among individuals with intellectual disabilities, brain injuries, and mental illness. Their mission is accomplished through the provision of both residential and day program services. By offering these services, Rise Ltd aims to enhance the lives of the people they serve, empowering them to live more independently.

In practice, Rise Ltd provides Supported Community Living Skills to 72 individuals, helping them develop the necessary skills to navigate everyday life. Additionally, the organization operates three group homes with a combined capacity of 20 beds and two apartment complexes with 13 living units, providing residential accommodations for those in need. Furthermore, Rise Ltd offers Day Habilitation services to 57 individuals, a program that is CARF accredited and focuses on fostering independence and personal growth in a supportive environment.

In summary, Rise Ltd's mission is to encourage independence and improve the lives of individuals with intellectual disabilities, brain injuries, and mental illness. Through their residential and day program services, they provide a comprehensive support system that empowers individuals to live more independently and confidently.

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Impact




July, 2024

Rise Ltd's impact can be seen in the significant strides it has made towards encouraging independence among individuals with intellectual disabilities, brain injury, and mental illness. By offering Supported Community Living Skills to 72 individuals and providing Day Habilitation services to 57 individuals, Rise Ltd has directly improved the lives of many in the community. With three group homes and two apartment complexes providing a total of 20 beds and 13 living units respectively, the organization has created supportive environments for those in need. Furthermore, being CARF accredited for its Day Habilitation program reflects Rise Ltd's commitment to upholding high standards of service quality. Through these efforts, Rise Ltd is making a tangible difference in enhancing the lives of the people it serves.




This information is meant to be a general summary of Rise Ltd. 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
$3,538,465 (2022)
Expenses
$2,875,046 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $70,797
  • Program Service Revenue: $2,999,194
  • Gross Receipts: $3,562,116

Assets and Liabilities:

  • Total Assets: $5,607,993
  • Total Liabilities: $247,449
  • Net Assets: $5,360,544

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Programs

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

Net Resident/Consumer

Revenue

$2,744,134

Group Home Room & Boar

Revenue

$236,279

Transportation

Revenue

$136

Organization Details

Founding Year

1980

Principal Officer

Jessica Pensel

Main Address

106 Rainbow Drive, Elkader, IA, 52043

NTEE Category

Code: J33Z - Employment

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