Piedmont Residential Development Center Inc

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

EIN: 591719434 ✦ Concord, NC ✦ Designated as a 501(c)(3)

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Overview

What is Piedmont Residential Development Center Inc?

Piedmont Residential Development Center Inc, situated in Concord, North Carolina, is a dedicated nonprofit organization that caters to intellectually and physically disabled children and adults. The center offers comprehensive long-term care, encompassing developmental, educational, therapeutic, nursing, and medical services. Their mission is to provide a nurturing environment that supports the growth and well-being of these individuals, ensuring they receive the best possible care. With a team of 95 dedicated professionals, Piedmont Residential Development Center Inc is committed to making a significant difference in the lives of those they serve.


Official website here: www.prdc.org

What are the reviews and ratings of this charity?

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

Piedmont Residential Development Center Inc has earned an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance practices, with a fully independent board and comprehensive policies in place for conflict of interest and whistleblower protection. Its financial health is evidenced by a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its resources is directed towards its charitable programs.

The center’s financial transparency is further supported by its adherence to best practices, such as maintaining detailed board meeting minutes and having a clear document retention policy. These strengths contribute to a favorable view of the organization's management and operational effectiveness.

However, while the rating is positive, potential donors may want to explore specific outcomes and impact metrics beyond financial ratios to gain a fuller understanding of the programmatic effectiveness of Piedmont Residential Development Center Inc. Overall, the organization appears to be a responsible steward of its resources, prioritizing accountability in its operations.


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

Is Piedmont Residential Development Center Inc legitimate?

Piedmont Residential Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piedmont Residential Development Center 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: $2,738,262

For more financial information, click here


Official website here: www.prdc.org

What is the mission statement of Piedmont Residential Development Center Inc?

Piedmont Residential Development Center Inc, a non-profit organization, is dedicated to serving intellectually and physically disabled children and adults. Their primary focus is on providing long-term developmental, educational, therapeutic, nursing, and medical care to those in need. Their mission is to enhance the lives of these individuals, offering them a supportive environment where they can grow and thrive. The center strives to promote their overall well-being, ensuring they receive the necessary care to lead fulfilling lives.


Official website here: www.prdc.org

Who is the CEO of Piedmont Residential Development Center Inc?

Sharon Lipke is the Board Chair of Piedmont Residential Development Center Inc.


Official website here: www.prdc.org

What is the revenue of Piedmont Residential Development Center Inc?

Piedmont Residential Development Center Inc's revenue in 2023 was $4,394,988.


Official website here: www.prdc.org

Who are the executives of Piedmont Residential Development Center Inc and what are their salaries?

The average compensation at Piedmont Residential Development Center Inc during 2023 was $28,824. There are 95 employees at Piedmont Residential Development Center Inc.


Here are 4 key members and their salaries:


Paula Flanagan (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Smith (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Hargett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Cox (Executive Di)
  • Compensation: $156,658
  • Related: $0
  • Other: $4,125


Official website here: www.prdc.org

Where can I find the form 990 for Piedmont Residential Development Center Inc?

Piedmont Residential Development Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.prdc.org

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

Mission Statement of Piedmont Residential Development Center Inc

Piedmont Residential Development Center, Inc., is dedicated to serving intellectually and physically disabled children and adults. This nonprofit organization provides long-term, comprehensive care, encompassing developmental, educational, therapeutic, nursing, and medical needs. By offering such extensive services, Piedmont Residential Development Center, Inc. aims to foster growth and improvement in the lives of those it serves, ensuring they receive the care they require to lead fulfilling lives.

In essence, Piedmont Residential Development Center, Inc. functions as a supportive environment where intellectually and physically disabled individuals can receive the care they need to thrive. By providing a range of services, from developmental and educational programs to therapeutic interventions and medical care, the center ensures that its clients receive a holistic approach to their well-being. This commitment to comprehensive care sets Piedmont Residential Development Center, Inc. apart as a valuable resource for the disabled community.

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Impact




July, 2024

Piedmont Residential Development Center Inc's impact lies in its dedicated service to intellectually and physically disabled children and adults. By providing long-term developmental, educational, therapeutic, nursing, and medical care, PRDC plays a crucial role in improving the quality of life for those with severe and profound disabilities. The organization's Bost Children's Center specifically focuses on offering comprehensive care for individuals facing significant challenges. Located in Concord, NC, Piedmont Residential Development Center Inc embodies its mission to support and empower individuals with disabilities through a range of essential services.




This information is meant to be a general summary of Piedmont Residential Development Center 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
$4,394,988 (2023)
Expenses
$4,177,258 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $5,591
  • Program Service Revenue: $4,222,590
  • Gross Receipts: $4,394,988

Assets and Liabilities:

  • Total Assets: $2,199,618
  • Total Liabilities: $455,586
  • Net Assets: $1,744,032

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Programs

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

MEDICAID

Revenue

$4,067,079

PATIENT LIABILITY FEES

Revenue

$155,511

Organization Details

Founding Year

1976

Principal Officer

Sharon Lipke

Main Address

PO BOX 909, CONCORD, NC, 28026

NTEE Category

Code: P80 - Human services

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