Envision Industries Inc

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

EIN: 480543705 ✦ Wichita, KS ✦ Designated as a 501(c)(3)

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Overview

What is Envision Industries Inc?

Envision Industries Inc, based in Wichita, Kansas, is a nonprofit organization dedicated to enhancing the lives of visually impaired and blind individuals. Through their product manufacturing activities, they provide a platform for vocational adjustment, training, and employment opportunities for these individuals. The organization's mission extends beyond employment, reaching out to offer rehabilitation, education, and research to inspire and bring opportunities to those in need. With a team of 176 employees, Envision Industries Inc is committed to improving the quality of life for the blind and visually impaired community.


Official website here: www.envisionus.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

Envision Industries Inc has received an 81% score from Charity Navigator, reflecting a solid commitment to accountability and finance. This rating is derived solely from the organization’s strong performance in financial management and transparency, indicating that they effectively oversee their financial resources. The organization's ability to maintain a low liabilities to assets ratio showcases its financial stability, which is a positive sign for potential donors.

The nonprofit has demonstrated thorough compliance with various governance requirements, as evidenced by their well-documented policies, including conflict of interest and whistleblower protections. Furthermore, their program expense ratio stands at an impressive 83.05%, indicating that a significant majority of their expenditures are directed towards their programs rather than administrative costs.

However, while the financial indicators are strong, the organization’s overall rating is limited to just the Accountability & Finance category. There are no additional ratings from other dimensions like Impact or Community Engagement available, which may provide a more comprehensive view of the organization's effectiveness in fulfilling its mission.


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

Is Envision Industries Inc legitimate?

Envision Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Envision Industries 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: $225,653
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,645,809

For more financial information, click here


Official website here: www.envisionus.com

What is the mission statement of Envision Industries Inc?

Envision Industries Inc is dedicated to enhancing the lives of individuals who are blind and visually impaired. Their mission encompasses employment, outreach, rehabilitation, education, and research. By producing goods through a workforce primarily composed of blind and visually impaired individuals, Envision Industries offers vocational adjustment, training, and employment opportunities. These efforts enable people with visual impairments to contribute and gain independence, thus fostering inspiration and opportunity.


Official website here: www.envisionus.com

Who is the CEO of Envision Industries Inc?

Michael Monteferrante is the Ceo/Director/President of Envision Industries Inc. The CEO's salary of Envision Industries Inc is $0 and their total compensation is $719,205.


Official website here: www.envisionus.com

What is the revenue of Envision Industries Inc?

Envision Industries Inc's revenue in 2022 was $16,328,663.


Official website here: www.envisionus.com

Who are the executives of Envision Industries Inc and what are their salaries?

The average compensation at Envision Industries Inc during 2022 was $33,361. There are 176 employees and 10 volunteers at Envision Industries Inc.


Here are 8 key members and their salaries (Envision Industries Inc's CEO's salary is $0 and their total compensation is $719,205):


Michael Monteferrante (Ceo/Director/President)
  • Compensation: $0
  • Related: $646,024
  • Other: $73,181
Clarence Sell Iii (Sr. Vp/Manufacturing & Bsc Ops)
  • Compensation: $0
  • Related: $358,092
  • Other: $56,734
Mark Eaton (Cfo/Director/Officer)
  • Compensation: $0
  • Related: $330,434
  • Other: $43,544
Mike Hyser (Vp, Bus. Dev. & Fed. Affairs)
  • Compensation: $195,113
  • Related: $0
  • Other: $25,333
Barney Macari (General Manager)
  • Compensation: $183,730
  • Related: $0
  • Other: $35,274
Margie Bradley (Plant Manager)
  • Compensation: $111,251
  • Related: $0
  • Other: $25,583
Bikash Gupta (Sr. Financial Analyst)
  • Compensation: $107,038
  • Related: $0
  • Other: $25,998
Paul Parks (Sr. Director Of Safety, Qa)
  • Compensation: $117,889
  • Related: $0
  • Other: $14,446


Official website here: www.envisionus.com

Where can I find the form 990 for Envision Industries Inc?

Envision Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.envisionus.com

Learn more at the official website: www.envisionus.com

Mission Statement of Envision Industries Inc

Envision Industries Inc, a leading organization, is dedicated to enhancing the lives of people who are blind and visually impaired. With a compassionate mission, Envision Industries strives to provide inspiration and opportunities for this community through various means.

At the heart of Envision Industries' mission lies employment. The organization creates a conducive work environment where the majority of its workforce consists of individuals who are blind or visually impaired. By offering vocational adjustment, training, and employment opportunities, Envision Industries empowers these individuals to reach their full potential.

Moreover, Envision Industries extends its reach beyond employment. The organization is committed to outreach, rehabilitation, education, and research. Through these initiatives, Envision Industries aims to broaden opportunities and make a significant impact on the lives of those who are blind or visually impaired.

In essence, Envision Industries Inc serves as a beacon of hope and a catalyst for change for people facing the challenges of blindness or visual impairments. By providing employment opportunities and a multifaceted approach to support, the organization fosters self-sufficiency, independence, and a renewed sense of purpose.

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Impact




October, 2024

Envision Industries Inc significantly enhances the quality of life for individuals who are blind and visually impaired by providing meaningful vocational opportunities and skills training. Through its manufacturing initiatives, the organization employs a workforce comprised largely of people with visual impairments, offering them not only jobs but also a sense of purpose and community.

By focusing on employment, outreach, rehabilitation, education, and research, Envision Industries fosters an environment that inspires individuals, helping them to thrive both personally and professionally. This approach empowers employees, enabling them to gain independence and improve their overall well-being. The organization plays a crucial role in advocating for inclusivity and raising awareness about the capabilities of people with visual impairments, ultimately driving positive change within the community and beyond.




This information is meant to be a general summary of Envision Industries 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.

Revenue
$16,328,663 (2022)
Expenses
$15,814,458 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $43,394,970

Assets and Liabilities:

  • Total Assets: $45,681,732
  • Total Liabilities: $8,086,155
  • Net Assets: $37,595,577

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Organization Details

Founding Year

1933

Principal Officer

Michael Monteferrante

Main Address

610 N MAIN 4TH FLOOR, WICHITA, KS, 67203

NTEE Category

Code: G40 - Disease

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