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Industries Of The Blind Inc

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

EIN: 560532308 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Industries Of The Blind Inc?

Industries of the Blind Inc., located in Greensboro, North Carolina, is a dedicated nonprofit organization with a mission to offer employment and personal development opportunities for individuals who are blind or visually impaired. The organization operates a manufacturing and assembly service business, employing both sighted and visually impaired individuals to help them achieve greater independence. This work encompasses fabric cutting, sewing, and assembling various items such as military uniforms, clothing, and commercial goods. Additionally, the team manufactures and assembles office supplies and sanitation products like writing instruments, clipboards, mops, brooms, and various other items. The process not only provides employment but also teaches valuable sewing skills, working with fabrics, and mechanized procedures to its employees. As of September 30, 2022, Industries of the Blind Inc. employs 124 visually impaired individuals and 98 sighted individuals.


Official website here: www.industriesoftheblind.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Star Rating)

Industries Of The Blind Inc has received a strong rating of 89%, which reflects its commitment to accountability and finance. This high score is derived entirely from a single beacon score focused on financial practices, indicating that the organization effectively manages its resources and adheres to transparency standards.

The organization exhibits several strengths, including a fully independent board with 100% of members being independent, and it scored perfectly in several categories such as conflict of interest, whistleblower, and document retention policies. Additionally, the organization has demonstrated effective financial oversight, as evidenced by its low liabilities to assets ratio and the absence of any material diversion of assets.

However, while the program expense ratio is respectable at 64.77%, it indicates that there may be room for improvement in how funds are allocated towards programs versus administrative expenses. Overall, Industries Of The Blind Inc appears to be a reliable nonprofit dedicated to its mission, with strong governance practices in place.


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

Is Industries Of The Blind Inc legitimate?

Industries Of The Blind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Industries Of The Blind 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: $261,336
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,038,509

For more financial information, click here


Official website here: www.industriesoftheblind.com

What is the mission statement of Industries Of The Blind Inc?

Industries of the Blind Inc. is committed to providing opportunities for employment and personal development for individuals who are blind or visually impaired, aiming to help them achieve greater independence. The organization operates a manufacturing, assembly, and distribution service business, employing both sighted and visually impaired individuals. The manufacturing process involves textile cutting and sewing for the production of military uniforms, clothing, and commercial goods. The employees also manufacture and assemble a variety of office supply and sanitation products, such as writing instruments, clipboards, mops, brooms, and other items. This work not only provides employment opportunities but also teaches valuable skills like sewing, working with fabrics, and mechanized procedures to the employees. As of September 30, 2022, the company employs 124 visually impaired and 98 sighted individuals.


Official website here: www.industriesoftheblind.com

Who is the CEO of Industries Of The Blind Inc?

Joshua Gould is the President And Ceo of Industries Of The Blind Inc. The CEO's salary of Industries Of The Blind Inc is $256,641 and their total compensation is $289,289.


Official website here: www.industriesoftheblind.com

What is the revenue of Industries Of The Blind Inc?

Industries Of The Blind Inc's revenue in 2022 was $1,577,199.


Official website here: www.industriesoftheblind.com

Who are the executives of Industries Of The Blind Inc and what are their salaries?

The average compensation at Industries Of The Blind Inc during 2022 was $4,126. There are 315 employees and 30 volunteers at Industries Of The Blind Inc.


Here are 19 key members and their salaries (Industries Of The Blind Inc's CEO's salary is $256,641 and their total compensation is $289,289):


Mark Nelson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Strange (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Tinker (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Huffstetler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irish Thurston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Craft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Gilmore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Strama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gaylord (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Danielle Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Maria Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Oneyear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Sims (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Troutman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Gould (President And Ceo)
  • Compensation: $256,641
  • Related: $0
  • Other: $32,648
Victor Martin (Director Of Finance And It)
  • Compensation: $120,678
  • Related: $0
  • Other: $14,931
Susan Williams (Director Of Human Resources)
  • Compensation: $121,090
  • Related: $0
  • Other: $14,240
John Richtarik (Director Of Mfg, Eng & Quality)
  • Compensation: $117,284
  • Related: $0
  • Other: $6,459


Official website here: www.industriesoftheblind.com

Where can I find the form 990 for Industries Of The Blind Inc?

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


Official website here: www.industriesoftheblind.com

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

Mission Statement of Industries Of The Blind Inc

Industries of the Blind Inc, a nonprofit organization, is committed to providing opportunities for employment and personal development for individuals who are blind or visually impaired. Their mission is to help these individuals achieve greater independence. They accomplish this by operating a manufacturing, assembly, and distribution service business that employs both blind and sighted people. This work provides the blind employees with valuable skills in sewing, working with fabrics, and mechanical procedures. The organization's business includes the production of military uniforms, clothing, and commercial goods through textile cutting and sewing. Additionally, Industries of the Blind Inc manufactures and assembles a variety of office supply and sanitation products, such as writing instruments, clipboards, mops, brooms, and other items. As of September 30, 2022, the organization employs 124 blind individuals and 98 sighted individuals. Through this work, Industries of the Blind Inc is dedicated to empowering those who are visually impaired and enabling them to lead more independent lives.

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Impact




July, 2024

Industries Of The Blind Inc's impact is profound, providing opportunities for employment and personal development to people who are blind or visually impaired. Through its manufacturing, assembly, and distribution service business, the organization empowers both blind and sighted individuals to achieve greater independence. Industries Of The Blind manufactures textiles for military uniforms, clothing, and commercial goods, as well as office supplies and sanitation products. This hands-on work teaches valuable skills such as sewing, fabric handling, and mechanized procedures to its employees.

As of September 30, 2022, Industries Of The Blind employs 124 blind and 98 sighted individuals, demonstrating its commitment to creating inclusive work environments. By offering meaningful employment opportunities, the organization not only facilitates economic empowerment but also fosters personal growth and self-sufficiency among its employees. Industries Of The Blind's dedication to its mission significantly impacts the lives of those it serves, embodying the principles of empowerment and equality.




This information is meant to be a general summary of Industries Of The Blind 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
$1,577,199 (2022)
Expenses
$2,937,425 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $99,885
  • Gross Receipts: $19,939,637

Assets and Liabilities:

  • Total Assets: $14,976,206
  • Total Liabilities: $3,581,392
  • Net Assets: $11,394,814

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Organization Details

Founding Year

1933

Principal Officer

Joshua Gould

Main Address

920 W GATE CITY BLVD, GREENSBORO, NC, 27403

NTEE Category

Code: J30Z - Employment

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