Overview
What is Village Of Merici Inc?
Village of Merici Inc. is a nonprofit organization based in Indianapolis, Indiana, dedicated to supporting individuals with intellectual and/or developmental disabilities. Their primary mission is to foster independence, develop purpose-filled lives, and assure a meaningful existence for these adults. They achieve this by building and sustaining a neighborhood village that offers a comprehensive continuum of living support, encompassing residential, occupational, spiritual, and social aspects. Their services include assistance in securing affordable housing, training in healthy lifestyles, daily living skills, and income-generating activities. The Village of Merici Inc. aims to empower these individuals to live successfully in their own residential settings, promoting their personal, social, and vocational competency. With a team of 85 employees, this nonprofit organization is committed to making a significant impact in the lives of those with developmental disabilities.
Official website here: www.villageofmerici.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating).
Village Of Merici Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial integrity. With a perfect score in various governance factors, such as having a fully independent board and robust financial oversight, the organization demonstrates a commitment to maintaining transparency and effective management practices.
The charity's financial health is noteworthy, with a program expense ratio of 73.05%, indicating that a significant portion of its budget is directed towards programs and services rather than administrative costs. The liabilities to assets ratio also reflects a solid financial position, underscoring the organization's ability to manage its debts and obligations effectively.
While the charity excels in accountability, there is no information provided indicating specific programs or initiatives they undertake. This could limit potential donors' understanding of the direct impact of their contributions. Overall, Village Of Merici Inc shows strong governance and financial management, making it a reliable choice for those looking to support a well-run nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Village Of Merici Inc legitimate?
Village Of Merici Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Village Of Merici 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: $92,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,268,638
For more financial information, click here
Official website here: www.villageofmerici.org
What is the mission statement of Village Of Merici Inc?
The Village of Merici Inc. aims to foster independence and ensure purpose-filled lives for adults with developmental disabilities. They achieve this by establishing and sustaining a neighborhood village, offering a continuum of support and diverse options in all aspects of living, including residential, occupational, spiritual, and social. The organization's innovative approach to services focuses on independent living for individuals with intellectual and developmental disabilities. Their service delivery includes providing opportunities for personal, social, and vocational growth. This is accomplished through assistance in finding affordable housing, training in healthy lifestyles and daily living skills, and instruction in income-generating activities.
Official website here: www.villageofmerici.org
Who is the CEO of Village Of Merici Inc?
Colleen Renie is the Board Chairman of Village Of Merici Inc.
Official website here: www.villageofmerici.org
What is the revenue of Village Of Merici Inc?
Village Of Merici Inc's revenue in 2022 was $2,303,196.
Official website here: www.villageofmerici.org
Who are the executives of Village Of Merici Inc and what are their salaries?
The average compensation at Village Of Merici Inc during 2022 was $16,008. There are 85 employees and 20 volunteers at Village Of Merici Inc.
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Official website here: www.villageofmerici.org
Where can I find the form 990 for Village Of Merici Inc?
Village Of Merici Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.villageofmerici.org
Learn more at the official website: www.villageofmerici.org
Mission Statement of Village Of Merici Inc
Village of Merici Inc is dedicated to fostering independence and ensuring purpose-filled lives for adults with developmental disabilities. Their innovative approach to services is centered around independent living. By establishing and sustaining a neighborhood village, they offer a continuum of support and options in various aspects of living, including residential, occupational, spiritual, and social. Their mission is to help individuals with intellectual and/or developmental disabilities promote their personal, social, and vocational competencies, enabling them to live successfully in their own residential settings. Services offered by Village of Merici Inc include assistance in choosing affordable housing, training in healthy lifestyles and daily living skills, and teaching income-generating activities.
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Impact
July, 2024
The Village of Merici Inc, based in Indianapolis, IN, has a significant impact on the lives of adults with developmental disabilities. By fostering independence development and ensuring purpose-filled lives, the organization is instrumental in providing a continuum of support and options in all areas of living, including residential, occupational, spiritual, and social.
Through its support living services, the Village of Merici offers individuals with intellectual and/or developmental disabilities the opportunity to enhance their personal, social, and vocational competency to live successfully in their own residential settings. This includes assistance in choosing and maintaining affordable housing, training in healthy lifestyles and daily living skills, as well as training in income-generating activities.
Overall, the Village of Merici's innovative approach to services for adults with intellectual and developmental disabilities is centered on promoting independent living. By providing necessary support and resources, the organization helps individuals in this community lead fulfilling lives and reach their full potential.
This information is meant to be a general summary of Village Of Merici 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: $47,964
- Program Service Revenue: $1,128,955
- Gross Receipts: $2,480,643
Assets and Liabilities:
- Total Assets: $4,277,989
- Total Liabilities: $189,392
- Net Assets: $4,088,597
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE DELIVERY
Revenue
$1,128,955
Organization Details
Founding Year
2007
Phone
(317) 590-7988Principal Officer
Colleen Renie
Main Address
5707 LAWTON LOOP EAST DRIVE OFC22, INDIANAPOLIS, IN, 462162302
Website
www.villageofmerici.orgNTEE Category
Code: L20 - Housing
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