Overview
What is Mcleod Addictive Disease Foundation Inc?
Mcleod Addictive Disease Foundation Inc, based in Charlotte, North Carolina, serves as a supporting entity for a tax-exempt organization. The Foundation owns and leases its buildings, equipment, and vehicles to the Mcleod Addictive Disease Center Inc, a related entity. The Center provides comprehensive services for individuals dealing with substance use disorders, offering treatment, behavioral health counseling, and educational programs. By doing so, the Foundation helps empower the Center to continue its mission of providing essential support for those struggling with addiction, fostering a path towards recovery and improved well-being.
What are the reviews and ratings of this charity?
The McLeod Addictive Disease Foundation Inc is not currently rated by Charity Navigator. The absence of a rating signifies that the organization has not been evaluated using Charity Navigator’s metrics, rather than indicating a negative or positive stance. Key aspects such as Accountability & Finance, Impact & Measurement, and others have not been scored due to lacking detailed financial data such as Total Expenses.
Historical ratings centered solely around accountability and finance, echoing past criteria before Charity Navigator broadened its evaluation scope. This suggests that while there are financial disclosures, such as reported salaries of key personnel, there remains inadequate transparency for comprehensive evaluation. Despite this, the organization operates independently and receives substantial support from public or governmental sources.
With no user reviews available on GreatNonprofits, public sentiment and personal experiences from beneficiaries or stakeholders remain undocumented, leaving a gap in qualitative assessment at this point. Further engagement or disclosure could improve future evaluations and understanding of the organization's impact.
This AI summary has been generated from information found on Charity Navigator.
Is Mcleod Addictive Disease Foundation Inc legitimate?
Mcleod Addictive Disease Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcleod Addictive Disease Foundation 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:
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What is the mission statement of Mcleod Addictive Disease Foundation Inc?
The Mcleod Addictive Disease Foundation Inc, in essence, contributes to the fight against substance use disorders by leasing its buildings, equipment, and vehicles to an affiliated tax-exempt organization. This organization, in turn, provides comprehensive services for those struggling with addiction, including treatment, behavioral health counseling, and educational programs. By leasing these assets, the Mcleod Addictive Disease Foundation Inc plays a crucial role in supporting the delivery of vital resources to individuals seeking recovery and striving for improved mental health.
Who is the CEO of Mcleod Addictive Disease Foundation Inc?
Mary Ward is the Trustee of Mcleod Addictive Disease Foundation Inc.
What is the revenue of Mcleod Addictive Disease Foundation Inc?
Mcleod Addictive Disease Foundation Inc's revenue in 2022 was $11,582,429.
Who are the executives of Mcleod Addictive Disease Foundation Inc and what are their salaries?
Here are 16 key members and their salaries:
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- Related: $191,669
- Other: $13,392
Where can I find the form 990 for Mcleod Addictive Disease Foundation Inc?
Mcleod Addictive Disease Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mcleod Addictive Disease Foundation Inc
The Mcleod Addictive Disease Foundation Inc plays a pivotal role in the fight against substance use disorders by leasing its buildings, equipment, and vehicles to the Mcleod Addictive Disease Center Inc. This affiliated tax-exempt organization is dedicated to providing comprehensive treatment for substance use disorders, behavioral health counseling, and education programs. By providing essential assets, the Mcleod Addictive Disease Foundation Inc enables the Mcleod Addictive Disease Center Inc to deliver life-changing services to those struggling with addiction, offering them a pathway towards recovery and a improved quality of life. The Mcleod Addictive Disease Foundation Inc's mission is thus rooted in the altruistic pursuit of supporting those in need, fostering hope, and promoting healing.
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Impact
June, 2024
The impact of Mcleod Addictive Disease Foundation Inc is significant in the realm of mental health. By owning and leasing its resources to the Mcleod Addictive Disease Center Inc, which provides substance use disorder treatment, behavioral health counseling, and education programs, the foundation plays a crucial role in supporting individuals struggling with addiction and related issues. Through this collaboration, the foundation indirectly contributes to improving the lives of those dealing with substance abuse and mental health challenges in Charlotte, NC, and beyond.
This information is meant to be a general summary of Mcleod Addictive Disease Foundation 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 2022.
- Investment Income: $11,582,429
- Gross Receipts: $14,933,893
Assets and Liabilities:
- Total Assets: $14,360,946
- Total Liabilities: $496,275
- Net Assets: $13,864,671
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Organization Details
Founding Year
1970
Phone
(704) 332-9001Principal Officer
Mary Ward
Main Address
500 ARCHDALE DRIVE, CHARLOTTE, NC, 28217
NTEE Category
Code: F22Z - Mental health
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