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Portco Inc

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

EIN: 541598359 ✦ Suffolk, VA ✦ Designated as a 501(c)(3)

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Overview

What is Portco Inc?

Portco Inc, situated in Suffolk, Virginia, is a dedicated nonprofit organization that prioritizes employment opportunities for individuals with disabilities. With a team of 326 dedicated professionals, Portco Inc strives to empower individuals with diverse abilities by providing them with meaningful work experiences. By doing so, the organization contributes positively to the community and promotes inclusivity in the workplace.


Official website here: www.portco.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 96% - Four-Star out of Four Star Rating**

Portco Inc has received an excellent Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization excels particularly in its commitment to having a majority of independent board members and maintaining rigorous financial practices, with no reported diversions of assets. The organization’s emphasis on transparency, including a robust conflict of interest policy and clear whistleblower protections, further reinforces its strong reputation.

The organization demonstrates fiscal responsibility, with an impressive program expense ratio of nearly 90%, reflecting its dedication to utilizing funds effectively for its mission. Additionally, the nonprofit's liabilities to assets ratio is favorable, showcasing sound financial management. The overall rating indicates that Portco Inc is operating efficiently and responsibly, which is vital for building donor trust and ensuring long-term sustainability.

Currently, no user reviews from GreatNonprofits are available to supplement the organizational analysis.


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

What do the Facebook reviews say about Portco Inc?

Portco Inc has received positive recognition from users, even though it currently has no formal rating on Facebook. One reviewer specifically appreciates the work of a young lady who cleans their office weekly, highlighting the quality of her service and expressing support for the organization's mission.

Overall, the feedback indicates a favorable impression of Portco Inc's employee performance and the impact they have on their work environment. Users acknowledge the valuable contributions of the employees and seem to support the nonprofit’s efforts in providing opportunities for them.


This AI summary has been generated from reviews found on Facebook.

Is Portco Inc legitimate?

Portco Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portco 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,230,178

For more financial information, click here


Official website here: www.portco.org

What is the mission statement of Portco Inc?

Portco Inc's mission is centered around providing employment opportunities for individuals with disabilities. This organization strives to create a platform where individuals with disabilities can seek and secure employment, thereby contributing positively to their lives and the community at large. Through its activities, Portco Inc aims to break down employment barriers and promote inclusion and equal opportunities for all. The organization's mission is to serve as a catalyst for change, fostering an environment where people with disabilities can demonstrate their abilities and talents in the workplace.


Official website here: www.portco.org

Who is the CEO of Portco Inc?

D Mark Wilson is the Board Member of Portco Inc.


Official website here: www.portco.org

What is the revenue of Portco Inc?

Portco Inc's revenue in 2022 was $9,925,397.


Official website here: www.portco.org

Who are the executives of Portco Inc and what are their salaries?

The average compensation at Portco Inc during 2022 was $19,111. There are 326 employees at Portco Inc.


Here are 9 key members and their salaries:


Rev Milton R Blount (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Edmonds (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Holley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Monroe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Townsend (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Underwood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Belinda Daugherty (Chief Operat)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Wahlberg (Senior Execu)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Mark Wilson (President &)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.portco.org

Where can I find the form 990 for Portco Inc?

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


Official website here: www.portco.org

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

Mission Statement of Portco Inc

Portco Inc, a notable organization, is dedicated to providing employment opportunities for individuals with disabilities. The mission of Portco Inc is multifaceted, primarily centered around creating a platform where individuals with disabilities can access and thrive in the employment sector. By offering employment opportunities, Portco Inc aims to empower these individuals, enabling them to contribute to society and lead fulfilling lives. The organization's activities are geared towards breaking down barriers and fostering an inclusive work environment, thereby promoting equality and diversity in the workplace.

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Impact




July, 2024

Portco Inc provides valuable employment opportunities to people with disabilities in Suffolk, VA. By offering these individuals a chance to work and contribute to the workforce, Portco Inc helps enhance their quality of life and promotes inclusivity in the workplace. Through its mission of providing employment opportunities to people with disabilities, Portco Inc is making a positive impact by fostering independence and self-sufficiency among a segment of the population that may face barriers to traditional employment.




This information is meant to be a general summary of Portco 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
$9,925,397 (2022)
Expenses
$10,062,951 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $9,886,031
  • Gross Receipts: $9,925,397

Assets and Liabilities:

  • Total Assets: $1,889,328
  • Total Liabilities: $679,645
  • Net Assets: $1,209,683

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Programs

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

PROGRAM FEES

Revenue

$9,886,031

Organization Details

Founding Year

1991

Principal Officer

D Mark Wilson

Main Address

7025 HARBOUR VIEW BLVD SUITE 110, SUFFOLK, VA, 23435

NTEE Category

Code: J300 - Employment

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