Overview
What is Pacesetters Inc?
Pacesetters Inc, a nonprofit organization based in Cookeville, Tennessee (PO Box 49018), specializes in providing residential services for adults with intellectual disabilities. They offer support that includes assistance with daily living activities and household chores, essential for their residents' health and safety. This assistance encompasses budget management, appointment attendance, and skill-building for community living. Their mission is to empower and value people with developmental disabilities in Tennessee's Upper Cumberland region, enabling them to be active members of society. With a dedicated workforce of 274 employees, Pacesetters Inc aims to enhance the lives of those they serve.
Official website here: www.pacesetterstn.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% - Four-Star out of Four Star rating
Pacesetters Inc has achieved an impressive Four-Star rating from Charity Navigator, with a score of 96%. This high rating indicates strong performance in accountability and finance, reflecting the organization’s commitment to transparency and effective management of funds. Key aspects contributing to this score include a fully independent board, comprehensive financial audits, and robust policies regarding conflicts of interest and whistleblower protections.
The nonprofit demonstrates excellent financial health, with a program expense ratio of 85.67%, signifying that the majority of its resources are directed toward its mission-driven activities. Additional strengths include maintaining a low liabilities-to-assets ratio of 6.76%, which highlights sound financial stability. The organization also effectively manages its documentation processes, evidenced by clear retention and destruction policies, along with accessible board meeting minutes.
While the data does not highlight specific challenges or areas for improvement, the overall evaluation suggests that Pacesetters Inc operates with a high level of integrity and efficiency. This strong financial foundation coupled with strict adherence to governance practices positions the organization favorably for continued impact in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Pacesetters Inc legitimate?
Pacesetters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacesetters 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: $156,271
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,549,663
For more financial information, click here
Official website here: www.pacesetterstn.com
What is the mission statement of Pacesetters Inc?
Pacesetters Inc is dedicated to empowering and supporting individuals with developmental disabilities to become valued members of society. Their mission is to enable participants to live independently in a community by providing essential assistance with daily living activities and household chores. This includes budget management, attending appointments, and building interpersonal and social skills. They offer residential services for adults, with room and board fees collected for some but not all settings. Pacesetters Inc aims to enhance the quality of life for those they serve, promoting inclusion and self-sufficiency.
Official website here: www.pacesetterstn.com
Who is the CEO of Pacesetters Inc?
Larry Rector is the Operations D of Pacesetters Inc.
Official website here: www.pacesetterstn.com
What is the revenue of Pacesetters Inc?
Pacesetters Inc's revenue in 2022 was $11,880,092.
Official website here: www.pacesetterstn.com
Who are the executives of Pacesetters Inc and what are their salaries?
The average compensation at Pacesetters Inc during 2022 was $28,124. There are 274 employees and 10 volunteers at Pacesetters Inc.
Here are 14 key members and their salaries:
- Compensation: $59,549
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- Other: $0
- Compensation: $47,933
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- Other: $0
- Compensation: $21,169
- Related: $0
- Other: $0
- Compensation: $18,455
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pacesetterstn.com
Where can I find the form 990 for Pacesetters Inc?
Pacesetters Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pacesetterstn.com
Learn more at the official website: www.pacesetterstn.com
Mission Statement of Pacesetters Inc
Pacesetters Inc, a nonprofit organization, is dedicated to empowering and supporting people with developmental disabilities in their journey towards becoming valued members of society. The mission of Pacesetters Inc is to enable individuals with intellectual disabilities to live independently in a community setting.
Through its residential services, Pacesetters Inc offers room and board for adults with intellectual disabilities, while those living in apartment settings do not incur any fees. The organization's dedicated team provides essential assistance with daily living activities and household chores to ensure the health and safety of the enrollees. This support extends beyond the basics, with budget management, appointment attendance, and interpersonal and social skills training offered to help participants thrive.
Pacesetters Inc is committed to fostering a sense of independence and self-reliance in its clients, enabling them to live with dignity and contribute positively to their communities. By addressing the unique challenges faced by individuals with developmental disabilities, Pacesetters Inc plays a vital role in creating a more inclusive and compassionate society.
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Impact
October, 2024
Pacesetters Inc plays a significant role in enhancing the lives of individuals with developmental disabilities in the Tennessee Upper Cumberland region. By providing residential services tailored for adults with intellectual disabilities, the organization ensures that participants can live in a supportive and nurturing environment.
Residents benefit from direct assistance with daily living activities such as household chores, budget management, and attending appointments, all essential for their health and safety. Pacesetters Inc also focuses on developing interpersonal and social skills, empowering individuals to become valued members of their communities. The organization’s commitment to not charging fees for adults living in apartment settings further reflects its dedication to inclusivity and support.
Through its efforts, Pacesetters Inc fosters independence and integration, helping participants navigate life in a way that promotes dignity and respect, ultimately creating a more inclusive society for everyone.
This information is meant to be a general summary of Pacesetters 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: $14,048
- Program Service Revenue: $11,333,681
- Gross Receipts: $11,946,813
Assets and Liabilities:
- Total Assets: $10,157,146
- Total Liabilities: $830,123
- Net Assets: $9,327,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$10,819,059
CLIENT FEES
Revenue
$194,830
FOOD STAMPS
Revenue
$160,149
TENNCARE
Revenue
$159,643
Organization Details
Founding Year
1971
Phone
(931) 537-9100Principal Officer
Larry Rector
Main Address
PO BOX 49018, COOKEVILLE, TN, 38506
Website
www.pacesetterstn.comNTEE Category
Code: P82Z - Human services
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