Empac Industrial Resources Inc

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

EIN: 431467499 ✦ Sullivan, MO ✦ Designated as a 501(c)(3)

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Overview

What is Empac Industrial Resources Inc?

Empac Industrial Resources Inc, based in Sullivan, Missouri, is a nonprofit organization with a compassionate mission. Situated in PO Box 354, they dedicate their efforts to offering employment opportunities for individuals who are physically and mentally handicapped, serving the Franklin County Missouri area. With a workforce of 199 dedicated individuals, Empac Industrial Resources Inc strives to provide a supportive environment where these individuals can gain valuable work experience and contribute to their community.


Official website here: www.empacgroupinc.com

What are the reviews and ratings of this charity?

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

Empac Industrial Resources Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 100% in the accountability and finance beacon, reflecting its robust governance practices and financial management. The most recent fiscal year reviewed is FY2023, showcasing the charity's commitment to transparency and effective use of resources.

The organization stands out for its entirely independent board, which consists of five members. This independence fosters unbiased decision-making and enhances the charity's credibility. Furthermore, Empac demonstrates strong financial oversight with no material diversion of assets reported, and a solid liabilities-to-assets ratio of 14.29%. The high program expense ratio of 94.75% highlights its focus on delivering mission-driven services.

Despite these strengths, no specific limitations or concerns were noted in the available data. Overall, Empac Industrial Resources Inc appears to be a well-managed organization, with strong governance policies in place, ensuring that a significant majority of funds are utilized effectively for its programs.


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

Is Empac Industrial Resources Inc legitimate?

Empac Industrial Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empac Industrial Resources 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: $1,176,657

For more financial information, click here


Official website here: www.empacgroupinc.com

What is the mission statement of Empac Industrial Resources Inc?

Empac Industrial Resources Inc is committed to providing employment opportunities for individuals who are physically and mentally handicapped. Their mission is centered around offering a platform for these individuals to contribute and gain employment, thereby enhancing their independence and quality of life. By doing so, they aim to foster a more inclusive work environment and contribute to a more diverse workforce. The organization's activities primarily focus on providing employment opportunities in the field, ensuring that individuals with disabilities have equal access to employment opportunities as their able-bodied counterparts.


Official website here: www.empacgroupinc.com

Who is the CEO of Empac Industrial Resources Inc?

Craig Walde is the President of Empac Industrial Resources Inc.


Official website here: www.empacgroupinc.com

What is the revenue of Empac Industrial Resources Inc?

Empac Industrial Resources Inc's revenue in 2023 was $4,724,081.


Official website here: www.empacgroupinc.com

Who are the executives of Empac Industrial Resources Inc and what are their salaries?

The average compensation at Empac Industrial Resources Inc during 2023 was $5,913. There are 199 employees at Empac Industrial Resources Inc.


Here are 5 key members and their salaries:


Craig Walde (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Pettet (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Schwarm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Lock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.empacgroupinc.com

Where can I find the form 990 for Empac Industrial Resources Inc?

Empac Industrial Resources Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.empacgroupinc.com

Learn more at the official website: www.empacgroupinc.com

Mission Statement of Empac Industrial Resources Inc

Empac Industrial Resources Inc, a notable organization, is dedicated to providing employment opportunities for individuals who face physical and mental challenges. Their mission is centered around empowering these individuals by offering them gainful employment opportunities. By doing so, Empac Industrial Resources Inc aims to contribute positively to their lives and help them integrate into mainstream society with dignity and independence. The organization's commitment to this cause is evident in its mission statement, which underscores its commitment to creating equitable employment opportunities for all, regardless of their physical or mental abilities.

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Impact




July, 2024

Empac Industrial Resources Inc's impact can be seen in its dedication to providing employment opportunities for physically and mentally handicapped individuals in the Franklin County, Missouri area. By offering meaningful work opportunities, Empac helps empower individuals with disabilities to thrive in the workforce and contribute positively to society. Through their mission of providing employment for the disabled, Empac not only supports the individuals they directly serve but also promotes inclusivity and diversity in the community. Their work exemplifies the importance of creating a more inclusive and supportive environment for individuals with disabilities to achieve economic independence and fulfill their potential.




This information is meant to be a general summary of Empac Industrial Resources 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
$4,724,081 (2023)
Expenses
$4,364,391 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $16,839
  • Program Service Revenue: $3,589,006
  • Gross Receipts: $4,724,081

Assets and Liabilities:

  • Total Assets: $2,273,489
  • Total Liabilities: $325,098
  • Net Assets: $1,948,391

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Programs

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

SALES

Revenue

$3,589,006

Organization Details

Founding Year

1988

Principal Officer

Craig Walde

Main Address

PO BOX 354, SULLIVAN, MO, 63080

NTEE Category

Code: J30 - Employment

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