Overview
What is Progress Enterprises Inc?
Progress Enterprises Inc is a nonprofit organization situated in Jamestown, North Dakota. They are committed to caring for mentally ill adults, offering transitional living facilities in both Jamestown and Devils Lake. Their mission encompasses providing residential services, a work center, and social and recreational sites to support chronically mentally ill adults. As a nonprofit corporation, their main objective is to offer vocational training, crisis intervention, employment opportunities, and social activities for individuals struggling with mental health issues. With a dedicated workforce of 155 individuals, Progress Enterprises Inc plays a significant role in supporting and enhancing the lives of those in need.
Official website here: www.not applicable
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Progress Enterprises Inc has earned a solid Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and financial management. The organization demonstrated high standards with an Accountability & Finance score of 88, showcasing effective oversight and a commitment to transparency in its operations. Key strengths include having a fully independent board and a commendable program expense ratio of nearly 98%, indicating that the vast majority of funds are directed towards its programs.
While the organization shows significant strengths, there are areas of concern regarding its governance practices. Notably, the absence of a conflict of interest policy and a document retention and destruction policy detracts from its overall governance framework. Although these gaps exist, Progress Enterprises Inc maintains a strong financial health with no material diversion of assets reported, ensuring that funds are utilized as intended.
Overall, Progress Enterprises Inc stands out for its financial integrity and commitment to its mission, but the identified governance weaknesses should be addressed to enhance its operational effectiveness. Potential donors can feel confident in the financial management of the organization while encouraging improvements in its policies and procedures for governance.
This AI summary has been generated from information found on Charity Navigator.
Is Progress Enterprises Inc legitimate?
Progress Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Progress Enterprises 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,266,777
For more financial information, click here
Official website here: www.not applicable
What is the mission statement of Progress Enterprises Inc?
Progress Enterprises Inc, as a nonprofit corporation, is dedicated to offering vocational training, crisis intervention, employment opportunities, and social chances for individuals struggling with mental illness. Their mission encompasses providing a work center, as well as residential services and social and recreational sites, to support the overall well-being and empowerment of these individuals. They strive to create an inclusive environment where mentally ill adults can gain essential skills, receive necessary interventions, and engage in social activities, ultimately aiming to improve their quality of life.
Official website here: www.not applicable
Who is the CEO of Progress Enterprises Inc?
Jeff Paiement is the President of Progress Enterprises Inc.
Official website here: www.not applicable
What is the revenue of Progress Enterprises Inc?
Progress Enterprises Inc's revenue in 2023 was $3,825,277.
Official website here: www.not applicable
Who are the executives of Progress Enterprises Inc and what are their salaries?
The average compensation at Progress Enterprises Inc during 2023 was $14,740. There are 155 employees at Progress Enterprises Inc.
Here are 8 key members and their salaries:
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $121,438
- Related: $0
- Other: $0
Official website here: www.not applicable
Where can I find the form 990 for Progress Enterprises Inc?
Progress Enterprises Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.not applicable
Learn more at the official website: www.not applicable
Mission Statement of Progress Enterprises Inc
Progress Enterprises Inc, a nonprofit corporation, is dedicated to providing vital assistance for chronically mentally ill adults. Its mission is twofold. Firstly, the organization offers residential services, work centers, and social and recreational sites to cater to the needs of these individuals. Secondly, Progress Enterprises Inc provides vocational training, crisis intervention, employment opportunities, and social chances for mentally ill adults, aiming to empower them and integrate them back into society.
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Impact
July, 2024
Progress Enterprises Inc provides essential services for chronically mentally ill adults, including residential care, vocational training, crisis intervention, employment support, and social opportunities. By operating transitional living facilities in Jamestown and Devils Lake, they offer a safe and supportive environment for those in need. Their mission to empower individuals with mental illness through various programs and services has a significant impact on improving the quality of life and overall well-being of this vulnerable population. Progress Enterprises Inc plays a vital role in promoting mental health, providing much-needed resources, and fostering community inclusion for individuals affected by mental illness.
This information is meant to be a general summary of Progress Enterprises 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 2023.
- Investment Income: $34,819
- Program Service Revenue: $2,741,114
- Gross Receipts: $26,309,838
Assets and Liabilities:
- Total Assets: $5,717,478
- Total Liabilities: $112,021
- Net Assets: $5,605,457
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Organization Details
Founding Year
1976
Phone
(701) 252-6994Principal Officer
Jeff Paiement
Main Address
PO BOX 2015, JAMESTOWN, ND, 584022015
Website
www.not applicableNTEE Category
Code: E05 - Health
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