Overview
What is Haywood Vocational Opportunities Inc?
Haywood Vocational Opportunities Inc is a nonprofit organization located at 172 Riverbend St, Waynesville, North Carolina, 28786. Their mission is to provide a work environment for handicapped and disabled individuals through a sheltered workshop. At their center, over 100 clients engage in labor-intensive activities, such as manufacturing medical devices, producing medical drapes, packing medical kits, and taking on various contracts. By offering these opportunities, Haywood Vocational Opportunities Inc aims to help individuals with disabilities gain valuable skills and training, ultimately contributing to their personal growth and independence. With a dedicated workforce of 248 employees, they are committed to making a positive impact on the lives of those they serve.
Official website here: www.hvoinc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Haywood Vocational Opportunities Inc has achieved an impressive 96% rating on Charity Navigator, which reflects its strong commitment to accountability and financial transparency. The organization boasts a fully independent board of directors, with 100% of its members meeting the independence criteria, showcasing a robust governance structure. This high score is further supported by a perfect audit and oversight committee score, indicating thorough financial oversight and management.
The charity's financial performance is noteworthy, with a program expense ratio of 86.93%, meaning the vast majority of its financial resources are directed towards its mission-driven programs. Additionally, the organization effectively maintains a low liabilities to assets ratio of 19.05%, suggesting fiscal responsibility and stability. The presence of comprehensive policies, including conflict of interest and whistleblower protections, demonstrates a commitment to ethical practices and accountability.
No significant limitations were indicated in the data reviewed, highlighting the organization's strengths in governance, financial management, and operational transparency. Overall, Haywood Vocational Opportunities Inc stands out as a highly rated nonprofit with a solid foundation for achieving its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Haywood Vocational Opportunities Inc legitimate?
Haywood Vocational Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haywood Vocational Opportunities 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: $221,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,685,949
For more financial information, click here
Official website here: www.hvoinc.com
What is the mission statement of Haywood Vocational Opportunities Inc?
Haywood Vocational Opportunities Inc is dedicated to empowering handicapped and disabled individuals through a nurturing work environment. Their mission revolves around providing training and employment opportunities, with a focus on producing medical devices and drapes, as well as packing medical kits and undertaking labor-intensive contracts. By engaging in these activities, the organization enables clients to develop essential skills and gain independence. The rehabilitation center caters to over 100 individuals, providing them with the means to contribute to various projects and ultimately lead fulfilling lives.
Official website here: www.hvoinc.com
Who is the CEO of Haywood Vocational Opportunities Inc?
Bill Cole is the Chair of Haywood Vocational Opportunities Inc.
Official website here: www.hvoinc.com
What is the revenue of Haywood Vocational Opportunities Inc?
Haywood Vocational Opportunities Inc's revenue in 2023 was $12,566,485.
Official website here: www.hvoinc.com
Who are the executives of Haywood Vocational Opportunities Inc and what are their salaries?
The average compensation at Haywood Vocational Opportunities Inc during 2023 was $27,851. There are 248 employees and 11 volunteers at Haywood Vocational Opportunities Inc.
Here are 12 key members and their salaries:
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- Compensation: $126,100
- Related: $0
- Other: $13,987
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- Compensation: $75,347
- Related: $0
- Other: $8,945
- Compensation: $114,072
- Related: $0
- Other: $11,318
Official website here: www.hvoinc.com
Where can I find the form 990 for Haywood Vocational Opportunities Inc?
Haywood Vocational Opportunities Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hvoinc.com
Learn more at the official website: www.hvoinc.com
Mission Statement of Haywood Vocational Opportunities Inc
Haywood Vocational Opportunities Inc is a mission-driven organization that focuses on providing training and work opportunities for individuals who are handicapped or disabled. In their sheltered workshop, clients engage in a variety of labor-intensive activities that produce medical devices and supplies, as well as pack medical kits. The organization's commitment to empowering its clients extends beyond just training, as they offer an environment conducive to skill development and productivity.
With over 100 clients, Haywood Vocational Opportunities Inc provides an essential service that goes beyond the production of medical devices and kits. Their workshop serves as a platform for individuals to learn valuable skills, build confidence, and contribute to their community. The organization's dedicated team ensures that each client receives the support they need to succeed in their tasks and reach their full potential. The workshop's activities not only contribute to the production of essential medical supplies but also provide a sense of purpose and accomplishment for the participants.
In summary, Haywood Vocational Opportunities Inc is a vital nonprofit organization that transforms the lives of handicapped and disabled individuals by offering them a nurturing work environment and opportunities for skill development. Through their labor-intensive activities, clients produce medical devices and supplies, contributing to the healthcare industry while gaining valuable experience and independence.
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Impact
October, 2024
Haywood Vocational Opportunities Inc significantly impacts the lives of individuals with disabilities by providing a structured and supportive work environment. Through their sheltered workshop, they create opportunities for clients to engage in meaningful work, such as producing medical drapes and other medical devices, as well as packing medical kits. This hands-on training not only equips over 100 clients with essential job skills but also fosters a sense of purpose and independence.
By facilitating labor-intensive contracts, the organization empowers its clients to contribute to the community and gain valuable experience in the workforce. This model encourages personal growth and social integration, helping individuals thrive both professionally and personally. The focus on employment for individuals with disabilities not only enhances their self-esteem but also promotes inclusivity within society. Overall, Haywood Vocational Opportunities Inc plays a crucial role in enhancing the quality of life for people with disabilities, enabling them to achieve their potential and participate actively in the economy.
This information is meant to be a general summary of Haywood Vocational Opportunities 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,415,172
- Program Service Revenue: $1,009,450
- Gross Receipts: $25,671,410
Assets and Liabilities:
- Total Assets: $19,303,738
- Total Liabilities: $3,680,595
- Net Assets: $15,623,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY ALTERNATIVES
Revenue
$366,206
VOCATIONAL REHAB & SUPPORTIVE
Revenue
$281,426
MENTAL HEALTH SUBSIDIES
Revenue
$281,248
WORK FIRST PROGRAM
Revenue
$52,000
OTHER PROGRAMS
Revenue
$28,570
Organization Details
Founding Year
1989
Phone
(828) 456-4455Principal Officer
Bill Cole
Main Address
172 RIVERBEND ST, WAYNESVILLE, NC, 28786
Website
www.hvoinc.comNTEE Category
Code: J33Z - Employment
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