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Winston-Salem Industries For The Blind Inc

Ifb Solutions

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

EIN: 566001467 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

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Overview

What is Winston-Salem Industries For The Blind Inc?

Winston-Salem Industries for the Blind Inc., operating under the name IFB Solutions, is a nonprofit organization located in Winston-Salem, North Carolina. Their mission is to train, employ, and serve visually-impaired individuals, providing them with essential opportunities to build fulfilling career paths. Through large-scale manufacturing operations, base supply center retail, online stores, remote work opportunities, and community outreach, IFB Solutions offers various employment options for visually impaired individuals. These include entry-level positions in packaging and assembly, as well as competitive and integrated skill-based technical positions supported by extensive in-person training. To extend its support beyond employment, IFB Solutions also offers work-from-home opportunities and community low vision centers. In Fiscal Year 2022, their initiatives resulted in the employment of 413 visually-impaired individuals, generating over 646,000 hours of work.


Official website here: www.ifbsolutions.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating) from Charity Navigator.

Winston-Salem Industries For The Blind Inc has received a commendable score of 81%, indicating a strong emphasis on accountability and finance. This rating is derived entirely from financial metrics, which showcase the organization’s solid governance structure with a fully independent board and the presence of sound financial practices. The charity excels in its program expense ratio and demonstrates compliance with transparency requirements.

However, some limitations were noted, particularly regarding the ratio of liabilities to assets, which did not meet the expectations set by Charity Navigator. Additionally, comprehensive data on key personnel salaries is unavailable, which could impact transparency assessments. Overall, while the organization demonstrates strengths in financial management, these areas warrant attention for a more balanced evaluation.

Not Available.


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

What do the Facebook reviews say about Winston-Salem Industries For The Blind Inc?

92% of 22 reviewers on Facebook recommend Winston-Salem Industries for the Blind Inc. Here is a summary of their reviews:

Many reviewers express appreciation for the organization’s commitment to providing meaningful employment opportunities for individuals with visual impairments. Praise highlights the nonprofit's dedication to promoting workplace equality while respecting the dignity of its employees. This positive sentiment showcases the significant impact of their mission on the individuals they serve.

Overall, the organization appears to be making a positive difference in the lives of those with visual limitations, with users feeling that it truly fulfills its promise in fostering inclusivity and empowerment through employment.


This AI summary has been generated from reviews found on Facebook.

Is Winston-Salem Industries For The Blind Inc legitimate?

Winston-Salem Industries For The Blind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winston-Salem Industries For 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: $1,846,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,384,843

For more financial information, click here


Official website here: www.ifbsolutions.org

What is the mission statement of Winston-Salem Industries For The Blind Inc?

Winston-Salem Industries For The Blind Inc's mission is centered around providing opportunities for individuals who are visually impaired. The organization aims to offer training, employment, and necessary services to this underserved population. Through large-scale manufacturing operations, base supply center retail and online stores, remote work opportunities, and community outreach, IFB Solutions, a division of the organization, creates fulfilling career paths for visually impaired individuals. The packaging and assembly operations serve as critical entry points to employment, while also offering competitive and integrated skill-based technical positions. Additionally, IFB Workforce Services Division provides work-from-home opportunities for those with mobility limitations. The organization also extends its support on a statewide level, through community low vision centers, community outreach, and programming for children who are visually impaired. In fiscal year 2022, this work resulted in the employment of 413 individuals who are visually impaired, generating over 600,000 hours of work.


Official website here: www.ifbsolutions.org

Who is the CEO of Winston-Salem Industries For The Blind Inc?

Daniel Kelly is the Chair, Director of Winston-Salem Industries For The Blind Inc. The CEO's salary of Winston-Salem Industries For The Blind Inc is $523,937 and their total compensation is $545,508.


Official website here: www.ifbsolutions.org

What is the revenue of Winston-Salem Industries For The Blind Inc?

Winston-Salem Industries For The Blind Inc's revenue in 2022 was $11,155,465.


Official website here: www.ifbsolutions.org

Who are the executives of Winston-Salem Industries For The Blind Inc and what are their salaries?

The average compensation at Winston-Salem Industries For The Blind Inc during 2022 was $9,904. There are 932 employees and 53 volunteers at Winston-Salem Industries For The Blind Inc.


Here are 32 key members and their salaries (Winston-Salem Industries For The Blind Inc's CEO's salary is $523,937 and their total compensation is $545,508):


Brenda Diggs (Chair, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Cobham (Vice Chair, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Garner (Secretary, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Stepansky (Asst. Secretary, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Colucci (Treasurer, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Faircloth (Asst. Treasurer, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Carey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walker Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Doughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Fernandes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bianca Marti Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Robert Newell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Plyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Pruette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Rowland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Serrin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Taylor Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Googe (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hampton (Vp Of Human Resources)
  • Compensation: $242,051
  • Related: $0
  • Other: $27,199
David Horton (President / Ceo)
  • Compensation: $523,937
  • Related: $0
  • Other: $21,571
Daniel Kelly (Executive Vp Of Strategy & Programs)
  • Compensation: $339,634
  • Related: $0
  • Other: $28,934
Silas Martin (Chief Operating Officer)
  • Compensation: $289,107
  • Related: $0
  • Other: $21,594
Kenneth Edwards (Chief Revenue Officer)
  • Compensation: $256,529
  • Related: $0
  • Other: $28,104
Vashuda Rangapathy (Vp Of It & E-Commerce)
  • Compensation: $194,802
  • Related: $0
  • Other: $25,525
Randy Buckner (Vp Of Operations Support)
  • Compensation: $182,121
  • Related: $0
  • Other: $21,400
Daniel Carson (Director Of Government Mar)
  • Compensation: $177,310
  • Related: $0
  • Other: $7,092
Nicole Ducouer (Director Of Communications)
  • Compensation: $154,148
  • Related: $0
  • Other: $23,865
Jason Moser (Director Of Financial Plan)
  • Compensation: $160,570
  • Related: $0
  • Other: $16,459
David Newsome (Director Of Base Supply Centers)
  • Compensation: $130,337
  • Related: $0
  • Other: $10,510


Official website here: www.ifbsolutions.org

Where can I find the form 990 for Winston-Salem Industries For The Blind Inc?

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


Official website here: www.ifbsolutions.org

Learn more at the official website: www.ifbsolutions.org

Mission Statement of Winston-Salem Industries For The Blind Inc

Winston-Salem Industries for the Blind, Inc., is a dedicated organization with a mission to provide opportunities for individuals who are blind or visually impaired. Its purpose is threefold: to offer training, employment, and services to this underrepresented population. The organization operates as a qualified AbilityOne agency, providing essential services through large-scale manufacturing operations, base supply center retail and online stores, remote work opportunities, and community outreach.

With a focus on creating fulfilling career paths, Winston-Salem Industries for the Blind builds life-changing opportunities for the critically underemployed population it serves. For those new to the workforce, the organization's packaging and assembly operations offer informed choice as critical entry points to employment. These opportunities not only provide employment but also create a growing number of competitive and integrated skill-based technical positions, supported by extensive in-person training.

Furthermore, the organization's Workforce Services Division offers work-from-home opportunities for individuals who cannot relocate or access transportation. Winston-Salem Industries for the Blind also extends its support beyond employment through its Community Low Vision Centers, community outreach, and programming for children who are blind. This work resulted in the employment of 413 individuals who are blind or visually impaired, generating 646,541 hours worked by people in this community during fiscal year 2022.

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Impact




July, 2024

Winston-Salem Industries For The Blind Inc, through its operation as a qualified AbilityOne agency, has made a significant impact by providing essential training, employment, and services for individuals who are blind or visually impaired. In the fiscal year 2022, the organization employed 413 individuals who are blind or visually impaired, resulting in 646,541 hours of work contributed by this underemployed population.

IFB Solutions' focus on creating fulfilling career paths has led to life-changing opportunities for individuals who are blind or visually impaired. Through large-scale manufacturing operations, base supply center retail and online stores, remote work opportunities, workforce services, and community outreach, IFB Solutions not only offers employment but also supports personal and professional growth.

Furthermore, IFB Solutions' packaging and assembly operations serve as critical entry points to employment, providing informed choices for those new to the workforce. The organization also offers competitive and integrated skill-based technical positions with extensive in-person training. Additionally, IFB's workforce services division provides work-from-home opportunities for those who cannot relocate or access transportation.

On a statewide level, IFB Solutions supports individuals who are blind or visually impaired through community low vision centers, outreach programs, and initiatives for children who are blind. Through its comprehensive approach to training, employment, and services, Winston-Salem Industries For The Blind Inc has made a tangible difference in the lives of individuals facing visual impairments, empowering them to lead independent and fulfilling lives.




This information is meant to be a general summary of Winston-Salem Industries For 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
$11,155,465 (2022)
Expenses
$31,504,747 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $129,082
  • Gross Receipts: $136,909,048

Assets and Liabilities:

  • Total Assets: $69,196,384
  • Total Liabilities: $48,881,971
  • Net Assets: $20,314,413

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Organization Details

Founding Year

1936

Principal Officer

Daniel Kelly

Main Address

7730 NORTH POINT DRIVE, WINSTONSALEM, NC, 27106

NTEE Category

Code: J33Z - Employment

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