Overview
What is Vermont Foundation Of Recovery Inc?
Vermont Foundation of Recovery Inc is a non-profit organization headquartered in Essex Junction, Vermont. During the 2022 fiscal year, they managed six Recovery Homes with a total of 37 beds, offering services to 136 individuals struggling with addiction. Their mission is to facilitate the transition from addiction to recovery and, ultimately, to independent living. They achieve this by creating a network of Recovery Homes, providing a supportive environment for individuals to re-assimilate into society as they navigate their recovery journey. The organization is staffed by a team of ten employees dedicated to their cause.
Official website here: www.vermontfoundationofrecovery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars
The Vermont Foundation Of Recovery Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and transparency. While the organization demonstrates strong governance with 100% independent board members and a high program expense ratio of 85.61%, it lacks essential financial disclosures, such as financial statements and its tax form on the website.
Despite its strengths in independent oversight and responsible management of assets, the absence of a whistleblower policy and documentation retention practices raises concerns about its operational transparency. Furthermore, the missing financial statements may hinder potential donors' ability to evaluate the organization’s financial health and operational effectiveness effectively.
Overall, while the Vermont Foundation Of Recovery Inc has commendable aspects in governance and program execution, addressing its transparency issues is crucial for building trust with stakeholders and enhancing its overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Foundation Of Recovery Inc legitimate?
Vermont Foundation Of Recovery Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Foundation Of Recovery 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: $29,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,757
For more financial information, click here
Official website here: www.vermontfoundationofrecovery.org
What is the mission statement of Vermont Foundation Of Recovery Inc?
The Vermont Foundation of Recovery Inc's mission revolves around establishing a network of Recovery Homes. Their goal is to aid individuals battling addiction, facilitating their reintegration into society. This is achieved by offering support throughout the crucial stages of transition, from recovery to independent living. In the fiscal year of 2022-06-30, they managed six Recovery Homes with a capacity of 37 beds. During this period, they provided services to 136 individuals, who resided in these recovery homes.
Official website here: www.vermontfoundationofrecovery.org
Who is the CEO of Vermont Foundation Of Recovery Inc?
David Riegel is the Executive Dir. of Vermont Foundation Of Recovery Inc.
Official website here: www.vermontfoundationofrecovery.org
What is the revenue of Vermont Foundation Of Recovery Inc?
Vermont Foundation Of Recovery Inc's revenue in 2022 was $547,860.
Official website here: www.vermontfoundationofrecovery.org
Who are the executives of Vermont Foundation Of Recovery Inc and what are their salaries?
The average compensation at Vermont Foundation Of Recovery Inc during 2022 was $27,092. There are 10 employees and 4 volunteers at Vermont Foundation Of Recovery Inc.
Here are 8 key members and their salaries:
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Official website here: www.vermontfoundationofrecovery.org
Where can I find the form 990 for Vermont Foundation Of Recovery Inc?
Vermont Foundation Of Recovery Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vermontfoundationofrecovery.org
Learn more at the official website: www.vermontfoundationofrecovery.org
Mission Statement of Vermont Foundation Of Recovery Inc
The Vermont Foundation of Recovery Inc, a non-profit organization, is dedicated to establishing a network of Recovery Homes with the primary aim of assisting individuals struggling with addiction to reintegrate into society. This is achieved by providing support during the critical transitions from addiction, through recovery, and into independent living. Throughout the 6/30/22 fiscal year, this organization operated six Recovery Homes, accommodating a total of 37 beds. In the same year, they provided services to 136 people, enabling them to reside in these recovery houses.
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Impact
July, 2024
Vermont Foundation Of Recovery Inc's impact is clear and significant - providing vital support to individuals suffering from addiction as they make the challenging transition to recovery and independent living. Operating six Recovery Homes with a total of 37 beds in Essex Junction, Vermont, the organization served 136 individuals during the fiscal year ending on June 30, 2022. By offering a safe and supportive environment, Vermont Foundation Of Recovery Inc is playing a crucial role in helping individuals re-assimilate into society and rebuild their lives. Their focus on mental health and commitment to supporting individuals through their journey from addiction to recovery is truly making a difference in the lives of those in need.
This information is meant to be a general summary of Vermont Foundation Of Recovery 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: $289
- Program Service Revenue: $308,093
- Gross Receipts: $566,426
Assets and Liabilities:
- Total Assets: $253,740
- Total Liabilities: $1,399
- Net Assets: $252,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Recovery Services
Revenue
$308,093
Organization Details
Founding Year
2013
Phone
(802) 578-5504Principal Officer
David Riegel
Main Address
PO Box 5490, Essex Junction, VT, 05453
NTEE Category
Code: F22 - Mental health
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