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Options Imagined A Nj Nonprofit Corporation

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

EIN: 473085032 ✦ Toms river, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Options Imagined A Nj Nonprofit Corporation?

Options Imagined A NJ Nonprofit Corporation, located at 3 TRENT DRIVE, TOMS RIVER, NJ, 08757, is a dedicated organization that provides essential services and support to individuals dealing with intellectual and developmental disabilities. Their mission revolves around enhancing the lives of these individuals, offering them the care and assistance they need to lead fulfilling lives. The organization's activities and mission are centered around providing aid and support, ensuring that those affected by these disabilities have the resources and assistance they require to thrive.


Official website here: www.optionsimagined.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52%, One-Star out of Four Star rating.

Options Imagined A Nj Nonprofit Corporation has received a low rating of 52%, which reflects significant concerns regarding its accountability and financial transparency. With a lack of independent board members, the organization fails to meet best practices in governance, raising questions about oversight and decision-making processes. Key policies, such as conflict of interest and whistleblower protections, are notably absent, which further undermines the charity's credibility.

Despite its shortcomings in governance, the organization has a strong program expense ratio of 78.23%, indicating that a substantial portion of its funds is allocated towards its programs rather than administrative costs. This suggests a focus on fulfilling its mission, although the lack of transparency in financial reporting limits the ability to fully assess its operational effectiveness.

Furthermore, while there are no reported diversions of assets, the absence of publicly available financial statements and board meeting minutes contributes to a perception of opacity within the organization. Overall, while Options Imagined may be striving to fulfill its mission, potential donors and supporters should exercise caution and seek additional information before contributing.


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

Is Options Imagined A Nj Nonprofit Corporation legitimate?

Options Imagined A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Options Imagined A Nj Nonprofit Corporation 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: $424,099

For more financial information, click here


Official website here: www.optionsimagined.org

What is the mission statement of Options Imagined A Nj Nonprofit Corporation?

Options Imagined, as a nonprofit organization, is committed to providing services and support to individuals with intellectual and developmental disabilities. Their mission is centered around empowering these individuals to lead fulfilling lives, offering them the resources and assistance they need to overcome the challenges associated with their conditions. The organization's activities encompass a wide range of support services, aiming to enhance the quality of life for these individuals and their families. By providing tailored care and guidance, Options Imagined strives to create an inclusive environment where individuals with intellectual and developmental disabilities can thrive.


Official website here: www.optionsimagined.org

Who is the CEO of Options Imagined A Nj Nonprofit Corporation?

Deborah Lamarco is the Trustee of Options Imagined A Nj Nonprofit Corporation.


Official website here: www.optionsimagined.org

What is the revenue of Options Imagined A Nj Nonprofit Corporation?

Options Imagined A Nj Nonprofit Corporation's revenue in 2022 was $917,833.


Official website here: www.optionsimagined.org

Who are the executives of Options Imagined A Nj Nonprofit Corporation and what are their salaries?


Here are 5 key members and their salaries:


Deborah Lamarco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Desimone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasmine Sorbino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Galiastro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.optionsimagined.org

Where can I find the form 990 for Options Imagined A Nj Nonprofit Corporation?

Options Imagined A Nj Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.optionsimagined.org

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

Mission Statement of Options Imagined A Nj Nonprofit Corporation

Options Imagined A NJ Nonprofit Corporation is dedicated to offering services and support to individuals dealing with intellectual and developmental disabilities. Their mission is to empower these individuals, providing them with the resources they need to live fulfilling lives. By offering a range of services, Options Imagined aims to enhance the quality of life for those affected, enabling them to reach their full potential. Their commitment to this cause is evident in their mission statement, which emphasizes their unwavering dedication to supporting individuals with intellectual and developmental disabilities.

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Impact




July, 2024

Options Imagined in Toms River, NJ has made a significant impact by providing essential services and support to individuals with intellectual and developmental disabilities. Their mission to assist this vulnerable population directly addresses critical needs within the community, ensuring that individuals with disabilities have access to the resources and care they require to lead fulfilling lives. By dedicating their efforts to human services, Options Imagined plays a vital role in enhancing the lives of those who may otherwise face barriers to independence and inclusion. Their work represents a valuable contribution to fostering a more inclusive and supportive society for individuals with disabilities in New Jersey.




This information is meant to be a general summary of Options Imagined A Nj Nonprofit Corporation. 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
$917,833 (2022)
Expenses
$631,091 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $197
  • Program Service Revenue: $859,396
  • Gross Receipts: $917,833

Assets and Liabilities:

  • Total Assets: $1,840,174
  • Total Liabilities: $144,320
  • Net Assets: $1,695,854

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Programs

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

CONTRACT SUPPORT

Revenue

$859,396

Organization Details

Principal Officer

Deborah Lamarco

Main Address

3 TRENT DRIVE, TOMS RIVER, NJ, 08757

NTEE Category

Code: P82 - Human services

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