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Michael J Dias Foundation Inc

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

EIN: 454675913 ✦ Ludlow, MA ✦ Designated as a 501(c)(3)

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Overview

What is Michael J Dias Foundation Inc?

The Michael J Dias Foundation Inc is a non-profit organization dedicated to supporting individuals struggling with addiction. Their primary focus is on providing a sober living facility, a safe environment where individuals can work towards sobriety. Additionally, they engage in substance abuse education, aiming to promote awareness and provide resources for those battling addiction. They have also made a donation to the Baird Middle School All Stars program, demonstrating their commitment to the broader community. Furthermore, the foundation promotes drug awareness, working towards a more informed society about the challenges and resources related to substance abuse.


Official website here: www.mdiasfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating from Charity Navigator.

The Michael J Dias Foundation Inc has achieved an impressive 97% rating, reflecting its strong performance in accountability and finance, which is rated at 93%. The organization benefits from a fully independent board, with 15 members, and has demonstrated no material diversion of assets. Its financial health is also notable, with a program expense ratio of 74.20%, indicating that a significant portion of its resources is directed toward its mission.

In addition to its solid financial practices, the foundation has received a perfect score in culture and community, highlighting its effective feedback collection and usage strategies. This suggests a commitment to engaging with stakeholders and adapting to their needs. Furthermore, it has established comprehensive policies, including those for conflict of interest and whistleblower protection, which enhance its organizational integrity.

Overall, the Michael J Dias Foundation Inc stands out for its transparency and governance, underscoring its dedication to ethical practices. There are no significant limitations noted in the available data, marking it as a strong candidate for potential donors seeking reliable nonprofit organizations.


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

Is Michael J Dias Foundation Inc legitimate?

Michael J Dias Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michael J Dias Foundation 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,854

For more financial information, click here


Official website here: www.mdiasfoundation.org

What is the mission statement of Michael J Dias Foundation Inc?

The Michael J Dias Foundation Inc is dedicated to supporting individuals battling addiction by providing a sober living facility. Its mission includes promoting drug awareness and offering resources for those seeking recovery. Additionally, the foundation has shown its commitment to substance abuse education by donating to the Baird Middle School All Stars program. Overall, the foundation aims to help individuals overcome addiction and achieve a sober lifestyle.


Official website here: www.mdiasfoundation.org

Who is the CEO of Michael J Dias Foundation Inc?

Grace Dias is the Clerk of Michael J Dias Foundation Inc.


Official website here: www.mdiasfoundation.org

What is the revenue of Michael J Dias Foundation Inc?

Michael J Dias Foundation Inc's revenue in 2022 was $458,554.


Official website here: www.mdiasfoundation.org

Who are the executives of Michael J Dias Foundation Inc and what are their salaries?

The average compensation at Michael J Dias Foundation Inc during 2022 was $37,171. There are 5 employees at Michael J Dias Foundation Inc.


Here are 4 key members and their salaries:


Maureen Rooney (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabel Malley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Dias (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Wilczynski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mdiasfoundation.org

Where can I find the form 990 for Michael J Dias Foundation Inc?

Michael J Dias Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mdiasfoundation.org

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

Mission Statement of Michael J Dias Foundation Inc

The Michael J Dias Foundation Inc, a nonprofit organization, is dedicated to combating substance abuse and aiding individuals in their journey towards sobriety. Its primary mission is to establish a sober living facility, offering a safe and supportive environment for those battling addiction. In addition, the foundation promotes drug awareness and provides resources, aiming to educate and empower individuals in the fight against substance abuse. Furthermore, the foundation has shown its commitment to community development by making a donation to the Baird Middle School All Stars program.

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Impact




July, 2024

The Michael J Dias Foundation Inc's impact is focused on providing a sober living facility for individuals battling addiction and promoting substance abuse education and awareness. By offering a safe and supportive environment for those seeking sobriety, the foundation contributes to the recovery and well-being of individuals struggling with substance abuse. Additionally, their donation to the Baird Middle School All Stars program shows a commitment to supporting the community and fostering a drug-free environment. Their work aids in promoting mental health by offering resources and education to combat drug abuse.




This information is meant to be a general summary of Michael J Dias Foundation 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
$458,554 (2022)
Expenses
$407,500 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $264,673
  • Gross Receipts: $481,825

Assets and Liabilities:

  • Total Assets: $647,395
  • Total Liabilities: $79,597
  • Net Assets: $567,798

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Programs

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

SOBER LIVING FACILITY

Revenue

$264,673

Organization Details

Founding Year

2012

Principal Officer

Grace Dias

Main Address

398 EAST ST, LUDLOW, MA, 01056

NTEE Category

Code: F20 - Mental health

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