Overview
What is Southeastern Kentucky Rehabilitation Industries Inc?
Southeastern Kentucky Rehabilitation Industries Inc (SEKRI) is a 501(C)3 not-for-profit organization based in Corbin, Kentucky, with a total workforce of 968. Its mission is to provide employment opportunities for significantly disabled individuals in the Appalachian region. With five facilities in southeastern Kentucky and one in northeastern Tennessee, SEKRI has made a significant impact in an economically disadvantaged area by offering much-needed employment. SEKRI operates under the Javits-Wagner-O'Day Act and the Ability One Program, ensuring that at least 75% of the direct labor in their factories is performed by persons considered significantly disabled by government standards. The organization's dedication to the Appalachian region has led to costly modifications in the work environment to accommodate employees, resulting in benefits for both the individuals and the region as a whole. SEKRI is proud of its success in achieving its mission and the positive impact it has on the lives of its employees.
Official website here: www.sekri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Southeastern Kentucky Rehabilitation Industries Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and finance practices. This high score is based entirely on its Accountability & Finance metrics, indicating a solid foundation in financial health and governance. The organization has demonstrated effective oversight, with a majority of independent board members and no material diversion of assets, ensuring transparency and ethical management.
The nonprofit showcases a high commitment to both accountability and financial stewardship, highlighted by a low liabilities to assets ratio of 13.87% and a program expense ratio of 73.27%. These figures suggest that a significant portion of its resources is directed toward its mission-related programs, reinforcing its purpose in serving the community effectively. Additionally, the presence of comprehensive policies, such as conflict of interest and whistleblower protections, further enhances its governance framework.
While the organization excels in its financial practices, some users may seek additional insights into program impact and effectiveness beyond the financial metrics. Overall, Southeastern Kentucky Rehabilitation Industries Inc appears to be a well-managed nonprofit dedicated to its mission, with a strong emphasis on accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Southeastern Kentucky Rehabilitation Industries Inc legitimate?
Southeastern Kentucky Rehabilitation Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Kentucky Rehabilitation Industries 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: $5,389,757
For more financial information, click here
Official website here: www.sekri.org
What is the mission statement of Southeastern Kentucky Rehabilitation Industries Inc?
Southeastern Kentucky Rehabilitation Industries Inc, a not-for-profit organization, is dedicated to providing employment opportunities for significantly disabled individuals in the Appalachian region of the United States. The organization's success is not measured by revenue or contracts filled but by the number of lives positively impacted through growth. Recognized as a region lagging behind in education and employment, the Appalachian area is home to thousands seeking to improve their quality of life. The cycle of unemployment and undereducation makes it challenging for employers to come to the area, and without jobs, the workforce cannot develop the skills employers seek. Southeastern Kentucky Rehabilitation Industries aims to break this cycle and offer disabled individuals a chance to enhance their lives.
Official website here: www.sekri.org
Who is the CEO of Southeastern Kentucky Rehabilitation Industries Inc?
Robert L Miller is the Vice Chairman of Southeastern Kentucky Rehabilitation Industries Inc.
Official website here: www.sekri.org
What is the revenue of Southeastern Kentucky Rehabilitation Industries Inc?
Southeastern Kentucky Rehabilitation Industries Inc's revenue in 2022 was $26,543,661.
Official website here: www.sekri.org
Who are the executives of Southeastern Kentucky Rehabilitation Industries Inc and what are their salaries?
The average compensation at Southeastern Kentucky Rehabilitation Industries Inc during 2022 was $5,568. There are 968 employees at Southeastern Kentucky Rehabilitation Industries Inc.
Here are 12 key members and their salaries:
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- Compensation: $131,164
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- Other: $35,762
- Compensation: $103,937
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- Other: $25,561
- Compensation: $94,209
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- Other: $16,982
- Compensation: $92,298
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- Other: $32,031
- Compensation: $265,258
- Related: $0
- Other: $31,632
Official website here: www.sekri.org
Where can I find the form 990 for Southeastern Kentucky Rehabilitation Industries Inc?
Southeastern Kentucky Rehabilitation Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sekri.org
Learn more at the official website: www.sekri.org
Mission Statement of Southeastern Kentucky Rehabilitation Industries Inc
Southeastern Kentucky Rehabilitation Industries Inc, a 501(c)3 not-for-profit organization, strives to make a significant impact on lives in the Appalachian region by offering employment opportunities to significantly disabled individuals. The organization's mission extends beyond financial success, as the true measure of its achievements lies in the number of lives positively transformed through its growth.
Located in an area that historically lags behind the rest of the country in education and employment, Southeastern Kentucky Rehabilitation Industries Inc serves a community filled with individuals seeking to enhance their quality of life. However, the cycle of poverty and lack of employment opportunities creates a challenging predicament. Employers are reluctant to invest in areas where the workforce remains undereducated and untrained. As a result, the workforce is unable to develop the skills that employers seek.
Southeastern Kentucky Rehabilitation Industries Inc addresses this issue head-on by providing employment opportunities to significantly disabled individuals in the Appalachian region. By doing so, it not only empowers individuals but also contributes to breaking the cycle of poverty and dependence. The organization's unwavering commitment to its mission is essential for creating a self-sustaining community where everyone has the opportunity to thrive.
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Impact
October, 2024
Southeastern Kentucky Rehabilitation Industries Inc (SEKRI) has significantly impacted the Appalachian region by providing meaningful employment opportunities for individuals with significant disabilities. Operating multiple facilities in Southeastern Kentucky and Northeastern Tennessee, SEKRI has chosen to establish itself in an area often overlooked by other businesses, directly contributing to the economic vitality of one of the nation's most impoverished regions.
By focusing on hiring individuals who face substantial barriers to employment, SEKRI plays a crucial role in enhancing the quality of life for those most in need. The organization operates under the Javits-Wagner-O'Day Act and the AbilityOne program, ensuring that at least 75% of labor performed in its factories comes from individuals who meet government standards for significant disabilities. This commitment not only supports the local economy but also targets a population that traditionally struggles to find gainful employment.
The dedication to serving the unique needs of this community has required SEKRI to adapt its work environments to provide optimal conditions for success. While these modifications can be costly, they have been instrumental in creating a supportive workplace that encourages personal growth, skill development, and self-sufficiency.
The success of SEKRI is not quantified by financial metrics or the sheer volume of contracts but rather by the positive transformation of lives within the community. Employees gain self-respect, dignity, and essential job skills through their roles, many of which lead to improved futures for themselves and their families. In essence, SEKRI’s mission to empower individuals not only benefits the employees but also fosters a more resilient and engaged community in the Appalachian region.
This information is meant to be a general summary of Southeastern Kentucky Rehabilitation Industries 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: $40,394
- Program Service Revenue: $26,266,303
- Gross Receipts: $26,606,642
Assets and Liabilities:
- Total Assets: $28,420,684
- Total Liabilities: $3,302,221
- Net Assets: $25,118,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT PRODUCED SALES
Revenue
$26,266,303
Organization Details
Founding Year
1971
Phone
(606) 524-6224Principal Officer
Robert L Miller
Main Address
1205 W CUMBERLAND GAP PKWY, CORBIN, KY, 40701
Website
www.sekri.orgNTEE Category
Code: E50Z - Health
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