Overview
What is Sterling Co Inc?
Sterling Co Inc is a nonprofit organization based in Gadsden, Alabama. With a team of 44 employees, they primarily focus on providing healthcare and management services to organizations catering to mentally disabled adults. By offering comprehensive support, Sterling Co Inc aims to enhance the capabilities of these organizations and improve the quality of care for mentally disabled citizens.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
Sterling Co Inc has received a Three-Star rating from Charity Navigator, reflecting a strong performance in Accountability & Finance with a score of 86%. This rating highlights the organization's commitment to transparency and responsible financial practices, with key indicators such as a high program expense ratio of 98.76%, indicating that a significant portion of its resources is directed toward its mission.
The organization benefits from a fully independent board, which comprises 100% independent members, ensuring unbiased governance. Additionally, it has a robust audit and oversight mechanism in place, with no reported material diversion of assets and a solid liabilities to assets ratio of 32.90%. These factors contribute to a favorable assessment of their operational integrity.
However, there are some limitations noted in their policies, including the absence of a whistleblower policy, which has impacted their overall accountability score. Despite this, Sterling Co Inc demonstrates strong overall governance and financial health, making it a reputable choice for potential donors who prioritize fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Sterling Co Inc legitimate?
Sterling Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sterling Co 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: $1,543,703
For more financial information, click here
What is the mission statement of Sterling Co Inc?
Sterling Co Inc is dedicated to supplying healthcare and management services primarily to organizations catering to mentally disabled adults. Their mission is geared towards enhancing the capabilities of these organizations to effectively serve their mentally disabled clientele. Through their comprehensive healthcare and management offerings, Sterling Co Inc aims to improve the overall well-being and care of these vulnerable individuals. By providing essential services to these organizations, Sterling Co Inc plays a crucial role in ensuring the efficient running of their operations and enhancing the quality of care they deliver.
Who is the CEO of Sterling Co Inc?
Kathy West is the Chair of Sterling Co Inc. The CEO's salary of Sterling Co Inc is $0 and their total compensation is $0.
What is the revenue of Sterling Co Inc?
Sterling Co Inc's revenue in 2022 was $28,135,358.
Who are the executives of Sterling Co Inc and what are their salaries?
The average compensation at Sterling Co Inc during 2022 was $35,084. There are 44 employees at Sterling Co Inc.
Here are 4 key members and their salaries (Sterling Co Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sterling Co Inc?
Sterling Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sterling Co Inc
Sterling Co Inc, a prominent organization, is dedicated to supporting other entities primarily focused on serving mentally disabled adults. Through its mission, Sterling Co Inc extends a helping hand by providing essential healthcare and management services to these organizations.
The nonprofit organization, Sterling Co Inc, serves as a vital partner to various groups committed to the well-being of mentally disabled citizens. By offering healthcare and management services, Sterling Co Inc empowers these organizations to effectively cater to the unique needs of their clientele. The scope of services provided by Sterling Co Inc plays a pivotal role in enhancing the overall capacity and impact of the organizations it collaborates with.
In essence, Sterling Co Inc steps in as a trusted ally, offering healthcare and management solutions to streamline the operations of organizations catering to mentally disabled adults. This enables these organizations to focus more on their core mission, ultimately improving the lives of those they serve.
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Impact
October, 2024
Sterling Co Inc plays a vital role in the healthcare landscape, focusing on providing essential healthcare and management services specifically tailored for organizations that serve mentally disabled citizens. By concentrating on this underserved population, Sterling Co Inc enhances the quality of care available to mentally disabled adults in Gadsden, Alabama, and surrounding areas.
The organization's commitment to supporting these organizations translates into improved healthcare outcomes, increased access to necessary services, and overall better management practices. By fostering collaborative relationships with local healthcare providers, Sterling Co Inc not only addresses immediate healthcare needs but also promotes long-term well-being for individuals with mental disabilities.
Through its focused mission, Sterling Co Inc significantly contributes to building a more inclusive community, ensuring that the complexities of mental disabilities are met with compassion, expertise, and dedicated support. The impact of their work resonates deeply, empowering individuals and enhancing the collective health and welfare of the community they serve.
This information is meant to be a general summary of Sterling Co 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: $7,804
- Program Service Revenue: $28,132,256
- Gross Receipts: $28,278,662
Assets and Liabilities:
- Total Assets: $9,566,623
- Total Liabilities: $3,148,154
- Net Assets: $6,418,469
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BILLING INCOME: FEDERAL
Revenue
$18,934,720
BILLING INCOME: STATE
Revenue
$7,153,054
CONTRACT SERVICES
Revenue
$2,044,482
Organization Details
Founding Year
2013
Phone
(256) 439-1975Principal Officer
Kathy West
Main Address
PO BOX 1457, GADSDEN, AL, 35902
NTEE Category
Code: Z99 - Unknown
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