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Wake Enterprises Inc

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

EIN: 561248778 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Wake Enterprises Inc?

Wake Enterprises Inc, established in 1979, is a nonprofit organization situated in Raleigh, North Carolina. Their primary mission is to empower adults with intellectual and developmental disabilities, such as autism, Down syndrome, traumatic brain injuries, and seizure disorders, by offering them both vocational and social opportunities. By doing so, they aim to help these individuals achieve their highest level of independence. Initially, Wake Enterprises became the first agency in North Carolina to provide supported employment in 1982, demonstrating their commitment to advancing opportunities for individuals with disabilities.


Official website here: www.wake-enterprises.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Stars

Wake Enterprises Inc has achieved an impressive 100% rating on Charity Navigator, reflecting strong performance in accountability and finance. This high score signifies that the organization adheres to best practices in financial management, ensuring transparency and responsible use of resources. The assessment is based solely on accountability measures, highlighting the organization's commitment to maintaining a high standard of governance.

The review indicates that Wake Enterprises Inc has a majority of independent board members, which is crucial for unbiased decision-making. Their financial oversight is robust, with an effective audit and oversight committee in place. Additionally, the organization has established comprehensive policies including conflict of interest, whistleblower protections, and document retention, all of which contribute to its strong governance structure.

While the data does not point to any significant limitations, it is noteworthy that the organization has a high program expense ratio of 83.32%, suggesting that a substantial portion of its expenditures directly supports its programs. This focus on programmatic spending further enhances its rating, indicating that Wake Enterprises Inc is effectively channeling resources toward its mission.


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

Is Wake Enterprises Inc legitimate?

Wake Enterprises Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wake-enterprises.org

What is the mission statement of Wake Enterprises Inc?

Wake Enterprises Inc., established in 1979, is committed to aiding individuals with disabilities in achieving their highest level of independence. This non-profit organization, located in North Carolina, was the first to offer supported employment opportunities in the state in 1982. It caters to adults diagnosed with intellectual and developmental disabilities, including conditions such as autism, Down syndrome, traumatic brain injuries, and seizure disorders. Wake Enterprises Inc. provides vocational and social opportunities, aiming to empower its clients to lead fulfilling lives with as much independence as possible.


Official website here: www.wake-enterprises.org

Who is the CEO of Wake Enterprises Inc?

Oshana Watkins is the Director of Wake Enterprises Inc.


Official website here: www.wake-enterprises.org

What is the revenue of Wake Enterprises Inc?

Wake Enterprises Inc's revenue in 2022 was $2,163,605.


Official website here: www.wake-enterprises.org

Who are the executives of Wake Enterprises Inc and what are their salaries?

There 6 volunteers at Wake Enterprises Inc.


Here are 12 key members and their salaries:


Ryan D Smith (Director)
  • Compensation: $2,988
  • Related: $1,428,566
  • Other: $11,560
Oshana Watkins (President)
  • Compensation: $109,804
  • Related: $0
  • Other: $1,441
Deborah Holt Noel (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorrie Gregg Hargreaves (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dixie Blackmon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wyatt Buckingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Scott Daly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Greb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer P Gassen (Secretary)
  • Compensation: $0
  • Related: $147,653
  • Other: $11,138
Joseph F Leone Jr (Treasurer)
  • Compensation: $0
  • Related: $260,860
  • Other: $12,261
Jeffrey Giovino (Executive Vp And Coo)
  • Compensation: $3,647
  • Related: $902,419
  • Other: $7,139
John H Deppeler Iv (Former Director)
  • Compensation: $0
  • Related: $288,583
  • Other: $4,324


Official website here: www.wake-enterprises.org

Where can I find the form 990 for Wake Enterprises Inc?

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


Official website here: www.wake-enterprises.org

Learn more at the official website: www.wake-enterprises.org

Mission Statement of Wake Enterprises Inc

Wake Enterprises Inc, established in 1979, is a mission-driven organization dedicated to aiding individuals with disabilities in achieving their highest level of independence. This nonprofit specializes in serving adults diagnosed with intellectual and developmental disabilities, such as autism, Down syndrome, traumatic brain injuries, and seizure disorders. Wake Enterprises Inc was a trailblazer in the field, becoming the first agency in North Carolina to offer supported employment opportunities in 1982. The organization's mission extends beyond just providing vocational opportunities; it also offers social activities to enrich the lives of its members, fostering a holistic approach to their growth and development.

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Impact




July, 2024

Wake Enterprises Inc has positively impacted the lives of adults with developmental disabilities by providing vocational and social opportunities for them to achieve their maximum level of independence. Founded in 1979, Wake Enterprises Inc became the first agency in North Carolina to offer supported employment in 1982. They serve individuals with a range of disabilities including autism, Down syndrome, traumatic brain injuries, and seizure disorders. By offering these individuals opportunities for employment and social engagement, Wake Enterprises Inc is empowering them to lead fulfilling and independent lives.




This information is meant to be a general summary of Wake 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.

Revenue
$2,163,605 (2022)
Expenses
$2,078,161 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,007
  • Program Service Revenue: $2,010,896
  • Gross Receipts: $2,163,605

Assets and Liabilities:

  • Total Assets: $4,171,392
  • Total Liabilities: $701,985
  • Net Assets: $3,469,407

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Programs

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

Adult Day Services

Revenue

$1,795,765

Contract Sales

Revenue

$199,344

Intercompany Revenue

Revenue

$14,827

Organization Details

Founding Year

1979

Principal Officer

Oshana Watkins

Main Address

3548 Bush Street, Raleigh, NC, 276097509

NTEE Category

Code: J30Z - Employment

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