Overview
What is Phelps County Industrial Solutions?
Phelps County Industrial Solutions is a nonprofit organization situated in Rolla, Missouri. Their primary mission is to offer employment opportunities and work experience to individuals with disabilities. They accomplish this by entering into contracts with local companies for tasks such as simple construction, assembly, and various miscellaneous services that require minimal supervision and skills. This innovative approach allows individuals with disabilities to gain valuable work experience, thereby enhancing their employability and improving their overall quality of life. The organization currently employs 70 individuals, demonstrating its commitment to making a significant impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Phelps County Industrial Solutions has received a three-star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scored 75% overall, with its rating being attributed entirely to its accountability and finance metrics. This score is significant as it reflects the charity's financial health and transparency, which are crucial for donor confidence.
The organization demonstrates strong governance practices, with an entirely independent board composed of 10 members, showing a commitment to ethical oversight. Additionally, there are no reported diversions of assets, and the charity adheres to best practices in conflict of interest management and document retention. The program expense ratio is commendable at 81.81%, suggesting that a substantial portion of its budget is directed to programmatic activities rather than administrative costs.
While Phelps County Industrial Solutions exhibits many strengths, the overall rating indicates that there is room for improvement in certain areas to enhance its financial transparency further. Continued focus on maintaining high accountability standards will be essential for fostering trust and attracting ongoing support from donors and the community at large.
This AI summary has been generated from information found on Charity Navigator.
Is Phelps County Industrial Solutions legitimate?
Phelps County Industrial Solutions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phelps County Industrial Solutions 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: $498,797
For more financial information, click here
What is the mission statement of Phelps County Industrial Solutions?
Phelps County Industrial Solutions is committed to providing employment opportunities and work experience for individuals with disabilities. They achieve this by entering into contracts with local companies for simple construction and assembly tasks, as well as various other miscellaneous services that require minimal supervision and skills. The organization's goal is to help these individuals gain valuable work experience, thereby enhancing their overall livelihood and independence. By fulfilling these contracts, Phelps County Industrial Solutions contributes to the local business community while also making a significant impact in the lives of those with disabilities.
Who is the CEO of Phelps County Industrial Solutions?
Laura Taylor is the Board Member of Phelps County Industrial Solutions.
What is the revenue of Phelps County Industrial Solutions?
Phelps County Industrial Solutions's revenue in 2022 was $922,725.
Who are the executives of Phelps County Industrial Solutions and what are their salaries?
The average compensation at Phelps County Industrial Solutions during 2022 was $7,126. There are 70 employees at Phelps County Industrial Solutions.
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Where can I find the form 990 for Phelps County Industrial Solutions?
Phelps County Industrial Solutions's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Phelps County Industrial Solutions
Phelps County Industrial Solutions, as a nonprofit organization, is dedicated to providing valuable work and work experience opportunities for individuals with disabilities. Through strategic partnerships with local companies, the organization contracts out for simple construction and assembly tasks, as well as various other miscellaneous services that require minimal supervision and skills. This arrangement not only benefits the companies by leveraging affordable labor, but it also empowers the handicapped individuals by offering them the chance to gain practical experience, boost their self-confidence, and contribute to the community. By providing these services, Phelps County Industrial Solutions plays a significant role in enriching the lives of those with disabilities and contributing to their overall social inclusion and independence.
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Impact
July, 2024
Phelps County Industrial Solutions has a significant impact on the community by providing work and work experience for handicapped individuals through contracts with local companies for simple construction and assembly as well as other miscellaneous services. By offering these opportunities, the organization helps individuals with disabilities gain valuable skills, confidence, and independence. Additionally, by facilitating employment for this population, Phelps County Industrial Solutions contributes to a more inclusive and diverse workforce in the city of Rolla, Missouri.
This information is meant to be a general summary of Phelps County Industrial Solutions. 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.
- Program Service Revenue: $368,088
- Gross Receipts: $922,725
Assets and Liabilities:
- Total Assets: $1,694,236
- Total Liabilities: $180,103
- Net Assets: $1,514,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$368,088
Organization Details
Principal Officer
Laura Taylor
Main Address
3900 HY POINT BLVD, ROLLA, MO, 65401
NTEE Category
Code: J33Z - Employment
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