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Surry-Yadkin Residential Services Inc

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

EIN: 561343446 ✦ Mount airy, NC ✦ Designated as a 501(c)(3)

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Overview

What is Surry-Yadkin Residential Services Inc?

Surry-Yadkin Residential Services Inc, located in Mount Airy, North Carolina, is a nonprofit organization dedicated to supporting developmentally disabled adults. Their primary mission is to provide group homes where these individuals can reside and undergo training to enhance their independence and integrate into the community as productive citizens. They currently manage two six-bed facilities, serving a total of 12 residents. The organization's workforce comprises 71 dedicated individuals, committed to fostering the growth and independence of the individuals they serve.


Official website here: www.surry@surry-yadkin.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Stars

Surry-Yadkin Residential Services Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization achieved a high score of 92%, indicating effective management of its resources and a commitment to transparency. This rating is based solely on their Accountability & Finance score, suggesting a solid foundation in financial practices.

The nonprofit showcases several strengths, including a fully independent board, which scored a perfect 8 out of 8 points for governance. Additionally, it has a favorable liabilities to assets ratio of 19.02%, demonstrating sound financial stability. The organization also meets various criteria related to financial oversight, such as having an audit and oversight committee and documented board meeting minutes.

However, there is one area noted for improvement; Surry-Yadkin Residential Services Inc lacks a whistleblower policy, receiving a score of 0 out of 4 points in that category. Despite this limitation, the overall financial health and governance of the organization remain strong, underscoring its commitment to effective operations and responsible management of donor funds.


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

Is Surry-Yadkin Residential Services Inc legitimate?

Surry-Yadkin Residential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Surry-Yadkin Residential Services 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: $73,414
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,004,760

For more financial information, click here


Official website here: www.surry@surry-yadkin.org

What is the mission statement of Surry-Yadkin Residential Services Inc?

Surry-Yadkin Residential Services Inc is committed to providing group homes for developmentally disabled adults. Their primary objective is to help these adults achieve as much independence as possible in their daily lives and contribute to their communities as productively as they can. To accomplish this, the organization undertakes training programs for the residents of these group homes. This training equips them with the necessary skills to live independently and become active and valued members of society. The organization operates two six-bed homes, serving a total of twelve residents with developmental disabilities.


Official website here: www.surry@surry-yadkin.org

Who is the CEO of Surry-Yadkin Residential Services Inc?

Mark Fuhrmann is the Board Member of Surry-Yadkin Residential Services Inc.


Official website here: www.surry@surry-yadkin.org

What is the revenue of Surry-Yadkin Residential Services Inc?

Surry-Yadkin Residential Services Inc's revenue in 2023 was $1,882,138.


Official website here: www.surry@surry-yadkin.org

Who are the executives of Surry-Yadkin Residential Services Inc and what are their salaries?

The average compensation at Surry-Yadkin Residential Services Inc during 2023 was $15,186. There are 71 employees at Surry-Yadkin Residential Services Inc.


Here are 8 key members and their salaries:


Ray Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Fuhrmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Nelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Jane Elkhaiat (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve White (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fuhrmann (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Denny (Executive Director)
  • Compensation: $73,414
  • Related: $0
  • Other: $0


Official website here: www.surry@surry-yadkin.org

Where can I find the form 990 for Surry-Yadkin Residential Services Inc?

Surry-Yadkin Residential Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.surry@surry-yadkin.org

Learn more at the official website: www.surry@surry-yadkin.org

Mission Statement of Surry-Yadkin Residential Services Inc

Surry-Yadkin Residential Services Inc is dedicated to providing group homes for adults with developmental disabilities. Their primary mission is to equip these individuals with the necessary skills to live as independently as possible in their communities, aiming to foster their transition into becoming productive citizens. To achieve this goal, the organization undertakes training programs for the residents of these group homes.

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Impact




July, 2024

Surry-Yadkin Residential Services Inc's impact lies in its dedicated provision of group homes for developmentally disabled adults. By operating two six-bed ICF/MR homes, the organization serves 12 residents, training them to live as independently as possible in the community as productive citizens. Through their focused efforts, Surry-Yadkin Residential Services Inc plays a crucial role in enhancing the quality of life and independence of individuals with developmental disabilities, fostering their integration into the community.




This information is meant to be a general summary of Surry-Yadkin Residential Services 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
$1,882,138 (2023)
Expenses
$1,796,340 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $100
  • Program Service Revenue: $1,882,038
  • Gross Receipts: $1,882,138

Assets and Liabilities:

  • Total Assets: $1,280,725
  • Total Liabilities: $243,691
  • Net Assets: $1,037,034

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Programs

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

MEDICAID RESIDENT SERV

Revenue

$1,766,272

RESIDENT FEES

Revenue

$115,766

Organization Details

Founding Year

1981

Principal Officer

Mark Fuhrmann

Main Address

PO BOX 926, MOUNT AIRY, NC, 27030

NTEE Category

Code: P73Z - Human services

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