Overview
What is Recovery Community Development Inc?
Recovery Community Development Inc, based in Bridgeport, Connecticut, is a dedicated nonprofit organization. Their primary focus is on creating and managing affordable, supportive, sober housing for men recovering from addiction. Additionally, they offer vocational training in various trades, empowering these individuals as they embark on their journey towards recovery. The organization's mission is multifaceted, aiming to provide a safe and nurturing environment while equipping men with valuable skills to reintegrate into society.
Official website here: www.recovcd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Recovery Community Development Inc has received a low rating due to its limited accountability and financial transparency. The organization holds a score of 56% overall, reflecting weaknesses primarily in governance, as indicated by the absence of independent board members and missing key policies, including a whistleblower policy and document retention policy. Furthermore, the lack of published board meeting minutes raises concerns about operational transparency.
Despite these issues, the organization demonstrates a commitment to its programs, with a program expense ratio of 87.71%, indicating that a significant portion of its funds is directed toward its mission-related activities. The asset to liability ratio is also strong at 16.63%, suggesting sound financial health in terms of managing debts. However, the absence of financial statements and required documentation on their website casts doubt on their accountability practices.
In summary, while Recovery Community Development Inc shows promise in its program execution, the organization needs to improve its governance and transparency practices. Addressing these limitations will be essential for building trust and credibility with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Recovery Community Development Inc legitimate?
Recovery Community Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Recovery Community Development 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: $80,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,733
For more financial information, click here
Official website here: www.recovcd.org
What is the mission statement of Recovery Community Development Inc?
Recovery Community Development Inc's mission is centered around creating and managing affordable, supportive, and sober living environments for men in the process of recovering from addiction. Additionally, they offer trade skills training to help these individuals gain valuable vocational skills to aid in their reintegration into society. The organization's mission is to provide a supportive environment and practical skills training, aiming to aid men in their recovery journey and enhance their chances of leading fulfilling lives post-addiction.
Official website here: www.recovcd.org
What is the revenue of Recovery Community Development Inc?
Recovery Community Development Inc's revenue in 2023 was $1,250,730.
Official website here: www.recovcd.org
Who are the executives of Recovery Community Development Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Compensation: $0
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- Compensation: $80,892
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- Other: $0
Official website here: www.recovcd.org
Where can I find the form 990 for Recovery Community Development Inc?
Recovery Community Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.recovcd.org
Learn more at the official website: www.recovcd.org
Mission Statement of Recovery Community Development Inc
Recovery Community Development Inc, a notable organization, is dedicated to creating and managing affordable, supportive, and sober housing for men who are recovering from addiction. Additionally, this nonprofit provides trade skills training to these individuals, aiming to empower them on their journey towards recovery. The mission of Recovery Community Development Inc is to offer a conducive living environment that fosters sobriety and personal growth, while simultaneously equipping men with marketable skills to reintegrate into society with renewed purpose and self-sufficiency.
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Impact
July, 2024
Recovery Community Development Inc's impact can be seen in the transformative opportunities it provides for men recovering from addiction. Through their creation and management of affordable, supportive, sober housing, as well as the provision of trade skills training, this organization plays a crucial role in helping individuals rebuild their lives. By focusing on empowering individuals through housing and skill development, Recovery Community Development Inc contributes to the rehabilitation and successful reintegration of men in recovery, ultimately promoting their long-term sobriety and employment prospects.
This information is meant to be a general summary of Recovery Community Development 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 2023.
- Investment Income: $1
- Program Service Revenue: $464,611
- Gross Receipts: $1,259,819
Assets and Liabilities:
- Total Assets: $744,968
- Total Liabilities: $258,749
- Net Assets: $486,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOBER HOUSING
Revenue
$259,502
TRADE SKILLS TRAINING
Revenue
$205,109
Organization Details
Founding Year
2012
Principal Officer
Theodore Deinard
Website
www.recovcd.orgNTEE Category
Code: J20 - Employment
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