Tri-County 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: 560859662 ✦ Rocky mount, NC ✦ Designated as a 501(c)(3)

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Overview

What is Tri-County Industries Inc?

Tri-County Industries Inc is a nonprofit organization situated in Rocky Mount, North Carolina. Their primary mission is to improve the lives of individuals with disabilities or disadvantages by offering vocational rehabilitation services. These services encompass assessment, employment coaching, job development, placement, and coaching, with a focus on empowering program participants. In 2021, they served 6 individuals in the assessment and employment coaching segment, achieving 87% of their goal for maximizing program completions and 100% satisfaction with the provided services. For their employment coaching services, which include job development, placement, and coaching, they served 26 goals, achieving 11 major benefits, an average of 10.03 hours of client earnings, and 8 successful employment outcomes while maintaining a 92% satisfaction rate. With a workforce of 152 individuals, Tri-County Industries Inc is dedicated to enhancing the livelihoods of those they serve through comprehensive vocational support.


Official website here: www.tciworks.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Tri-County Industries Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial health. The organization scored 96% overall, with its score based purely on accountability and finance metrics. The high rating underscores their commitment to transparency and responsible financial management.

The nonprofit demonstrates several organizational strengths, such as having a fully independent board of members, which enhances governance and decision-making processes. Additionally, they maintain robust financial oversight mechanisms, including regular audits and a strong whistleblower policy, which contribute to their strong accountability practices. Their program expense ratio of 77.63% indicates a significant portion of their budget is directed towards their mission-driven activities.

While the rating highlights commendable aspects of the organization, potential donors may consider any further information on program outcomes or community impact to gain a more comprehensive view of Tri-County Industries Inc's effectiveness. Overall, the organization is positioned as a trustworthy entity with solid financial practices and governance structures.


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

Is Tri-County Industries Inc legitimate?

Tri-County Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County 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: $117,359
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,113,237

For more financial information, click here


Official website here: www.tciworks.com

What is the mission statement of Tri-County Industries Inc?

Tri-County Industries Inc is committed to enhancing the lives of individuals who are disabled or disadvantaged. This is achieved through various services, including work assessments, job training, and job placement. Their vocational rehabilitation program provides assessment, work training, job development, job placement, job coaching, and follow-up services to persons with disabilities. The program is divided into two subgroups: assessment and employment coaching services. The assessment subgroup aims to maximize program completions and satisfaction with services, while the employment coaching services focus on increasing major benefits, client earnings, and successful employment outcomes. The satisfaction with services is consistently high, surpassing the set goals.


Official website here: www.tciworks.com

Who is the CEO of Tri-County Industries Inc?

Margaret Sharpe is the President of Tri-County Industries Inc.


Official website here: www.tciworks.com

What is the revenue of Tri-County Industries Inc?

Tri-County Industries Inc's revenue in 2023 was $2,759,644.


Official website here: www.tciworks.com

Who are the executives of Tri-County Industries Inc and what are their salaries?

The average compensation at Tri-County Industries Inc during 2023 was $8,096. There are 152 employees at Tri-County Industries Inc.


Here are 16 key members and their salaries:


Margaret Sharpe (President)
  • Compensation: $73,257
  • Related: $0
  • Other: $0
Jeanna Bryan (Finance Dire)
  • Compensation: $38,249
  • Related: $0
  • Other: $0
Kristeena Beasley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Chewning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaet Claytor (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gusty Coats (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Engrassia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Loo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daivd Purinai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Roselle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Sawyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Sutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alpesh Thaker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Walston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Priscilla Whitaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tciworks.com

Where can I find the form 990 for Tri-County Industries Inc?

Tri-County Industries Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tciworks.com

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

Mission Statement of Tri-County Industries Inc

Tri-County Industries Inc, as a dedicated organization, strives to enhance the lives of individuals who are disabled or disadvantaged. Their mission is achieved through the provision of work assessment, job training, and job placement services. By offering these resources, Tri-County Industries Inc aims to empower these individuals, helping them to integrate into the workforce and lead more fulfilling lives.

The organization's vocational rehabilitation services are a key component of their mission. These services include assessment, work training, job development, job placement, job coaching, and follow-up services for individuals with disabilities. Tri-County Industries Inc sets specific goals for their programs, such as maximizing the number of successful employment outcomes and client earnings, and strives to meet or exceed these targets. Their commitment to satisfaction with services is evident, with a goal of 90% satisfaction and an actual achievement of 100% in their assessment services, and 92% in their employment coaching services.

In summary, Tri-County Industries Inc is an organization that is dedicated to enhancing the lives of disabled or disadvantaged individuals. They achieve this through a range of vocational rehabilitation services, including assessment, job training, and job placement. The organization sets clear goals for their programs and works diligently to meet or exceed these targets, with a strong focus on client satisfaction.

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Impact




July, 2024

Tri-County Industries Inc's impact can be seen in the transformation of the lives of people who are disabled or disadvantaged through its vocational rehabilitation services. By providing assessment, work training, job development, placement, coaching, and follow-up services, TCI is empowering individuals to gain valuable skills and secure meaningful employment opportunities. This enables them to enhance their independence, confidence, and quality of life. Through its focused efforts in job assessment and employment coaching, TCI is making a significant difference by maximizing program completers and client satisfaction, helping individuals achieve successful employment outcomes, and ultimately contributing to the betterment of the community in Rocky Mount, NC.




This information is meant to be a general summary of Tri-County 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
$2,759,644 (2023)
Expenses
$2,736,965 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $43,643
  • Program Service Revenue: $35,700
  • Gross Receipts: $4,505,566

Assets and Liabilities:

  • Total Assets: $4,343,580
  • Total Liabilities: $425,209
  • Net Assets: $3,918,371

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Programs

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

PRIVATE REHABILITATION

Revenue

$35,700

Organization Details

Founding Year

1966

Principal Officer

Margaret Sharpe

Main Address

1250 ATLANTIC AVENUE, ROCKY MOUNT, NC, 278012710

NTEE Category

Code: J30 - Employment

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