Overview
What is Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc?
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc is a nonprofit organization based in Methuen, Massachusetts. Established in 2013 with funding from private and state agencies, its primary mission is to provide individuals and families in Massachusetts with gently used, refurbished durable medical equipment (DME) at no cost. This includes items like wheelchairs, scooters, and shower chairs, enabling people with disabilities and seniors to live more safely and independently in their communities. Requipment's community-based reuse partners collect, refurbish, and deliver donated DME throughout the state. In the fiscal year 2022, Requipment coordinated the refurbishment and delivery of approximately 1,553 items with an estimated value of $2.2 million. The organization aims to improve independence for individuals with disabilities or elders by providing free, refurbished DME and assistive technology for various settings, such as home, community, school, or work. Requipment currently employs 11 individuals.
Official website here: www.dmereuse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The charity's overall score is based solely on its accountability and finance beacon, showcasing strong performance in these areas. The organization demonstrates a commitment to transparency, with 100% of its score stemming from its financial practices and governance.
The nonprofit excels with a fully independent board, with 87% of its members being independent, which strengthens its oversight and governance. It has also maintained a solid financial position, evidenced by a low liabilities-to-assets ratio of 26.23%. Additionally, the charity consistently allocates a substantial portion of its budget to program expenses, with a ratio of 75.63%, indicating that most funds are directed towards its mission-driven activities.
There were no significant limitations or concerns noted in the available data, underscoring the organization's responsible management and operational practices. The presence of essential policies, such as conflict of interest and whistleblower policies, further enhances its commitment to ethical standards and governance. Overall, Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc appears to be a well-managed nonprofit with a strong emphasis on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc legitimate?
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Requipment Durable Medical Equipment & Assistive Technology Reuse Program 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: $64,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,957
For more financial information, click here
Official website here: www.dmereuse.org
What is the mission statement of Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc?
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc's mission is centered around enhancing independence for individuals with disabilities or the elderly. They achieve this by providing access to refurbished durable medical equipment and assistive technology at no cost. This equipment, which includes items like wheelchairs, scooters, and shower chairs, can significantly improve the quality of life for those in need, enabling them to live more safely and independently in their communities. The program, which was launched in 2013 with funding from private and state agencies, is committed to preventing equipment from ending up in landfills. By partnering with community-based organizations, Requipment accepts donations, refurbishes the items, and delivers them throughout the state, ensuring that these items are given a useful second life. In 2022 alone, Requipment coordinated the refurbishment and delivery of 1,553 items with an estimated value of $2.2 million.
Official website here: www.dmereuse.org
Who is the CEO of Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc?
Karen Langley is the President/Ceo of Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc. The CEO's salary of Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc is $64,492 and their total compensation is $64,492.
Official website here: www.dmereuse.org
What is the revenue of Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc?
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc's revenue in 2022 was $544,796.
Official website here: www.dmereuse.org
Who are the executives of Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc and what are their salaries?
The average compensation at Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc during 2022 was $26,163. There are 11 employees at Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc.
Here are 9 key members and their salaries (Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc's CEO's salary is $64,492 and their total compensation is $64,492):
- Compensation: $64,492
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- Other: $0
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- Other: $0
Official website here: www.dmereuse.org
Where can I find the form 990 for Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc?
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dmereuse.org
Learn more at the official website: www.dmereuse.org
Mission Statement of Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc is dedicated to enhancing the independence of individuals with disabilities and the elderly. Through its mission, the organization aims to provide free, refurbished durable medical equipment and assistive technology to these individuals, enabling them to live more independently in their homes, communities, schools, or workplaces. By offering a wide range of equipment such as wheelchairs, scooters, and shower chairs, Requipment helps adults, seniors, and families in Massachusetts access the necessary tools to improve their safety and mobility.
The program, launched in 2013 with funding from private and state agencies, has a mission to provide quality, gently used medical equipment to those in need, thereby reducing waste and saving equipment from ending up in landfills. Requipment's community-based reuse partners accept donations, refurbish, and deliver items to individuals across the state, providing a valuable and centralized service for giving donated medical equipment a second life. During the fiscal year 2022, Requipment coordinated the refurbishment and delivery of 1,553 items with an estimated value of $2.2 million, demonstrating the organization's commitment to improving the lives of individuals with disabilities and the elderly in Massachusetts.
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Impact
July, 2024
Requipment Durable Medical Equipment & Assistive Technology Reuse Program Inc has had a significant impact in increasing independence for individuals with disabilities and seniors through access to free refurbished durable medical equipment and assistive technology. Since its launch in 2013, Requipment has provided adults, seniors, and families in Massachusetts with quality, gently used DME, saving valuable equipment from ending up in landfills.
Through Requipment, people with disabilities and seniors can easily find refurbished power and manual wheelchairs, scooters, shower chairs, tub seats, and more to help them live safer and more independently in their community. The program operates without the hassles of medical insurance or doctor's letters, providing equipment at no charge. By coordinating the refurbishment and delivery of 1,553 items in FY 2022 with an estimated value of $2.2 million, Requipment has filled a vital need in the community by giving donated DME a second life with those who need it most.
This information is meant to be a general summary of Requipment Durable Medical Equipment & Assistive Technology Reuse Program 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: $4,051
- Program Service Revenue: $7,326
- Gross Receipts: $544,796
Assets and Liabilities:
- Total Assets: $184,612
- Total Liabilities: $49,951
- Net Assets: $134,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EQUIPMENT DELIVERY
Revenue
$7,326
Organization Details
Founding Year
2015
Phone
(508) 688-9599Principal Officer
Karen Langley
Main Address
PO BOX 311, METHUEN, MA, 01844
Website
www.dmereuse.orgNTEE Category
Code: Q20 - International
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