Overview
What is Schott Memorial Center Inc?
Schott Memorial Center Inc is a nonprofit organization dedicated to serving the deaf and disabled community. Their mission is to offer growth and development programs that empower these individuals, enabling them to become valuable contributors to society. The Center provides various resources, such as residential living facilities, workshops, and additional related programs, catering to their unique needs. This commitment to support and empower the disabled community aims to foster their independence and integration into society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
Schott Memorial Center Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial management practices. The overall score is derived solely from its accountability and finance metrics, which are crucial for donor trust and transparency. A score of 90 indicates that the organization is effectively managing its resources and adhering to best practices in financial oversight.
The charity boasts a fully independent board, with all eight members meeting the criteria for independence, which contributes to its high score. The organization has also implemented robust financial governance measures, such as an active audit and oversight committee and the absence of any material diversion of assets. This level of accountability is indicative of a commitment to ethical standards and sound financial practices.
While the organization performs well in several areas, including maintaining a program expense ratio of nearly 80%, it is essential for potential donors to consider ongoing evaluations of the charity's operational effectiveness and the impact of its programs. Overall, Schott Memorial Center Inc exemplifies strong financial health and governance, making it a reliable option for those looking to support nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Schott Memorial Center Inc legitimate?
Schott Memorial Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schott Memorial 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: $660,595
For more financial information, click here
What is the mission statement of Schott Memorial Center Inc?
The Schott Memorial Center Inc, through its mission, aims to offer programs for individuals who are both deaf and disabled. This mission is focused on providing growth and development opportunities that enable these individuals to become active contributors to society. The Center achieves this by offering residential living facilities, workshops, and various related programs, all designed to empower these individuals and enhance their ability to participate fully in society.
Who is the CEO of Schott Memorial Center Inc?
Ileana Ramirez-Cueli is the Executive Di of Schott Memorial Center Inc.
What is the revenue of Schott Memorial Center Inc?
Schott Memorial Center Inc's revenue in 2023 was $1,299,726.
Who are the executives of Schott Memorial Center Inc and what are their salaries?
The average compensation at Schott Memorial Center Inc during 2023 was $27,525. There are 24 employees at Schott Memorial Center Inc.
Here are 9 key members and their salaries:
- Compensation: $70,276
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- Other: $0
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- Compensation: $0
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- Other: $0
Where can I find the form 990 for Schott Memorial Center Inc?
Schott Memorial Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Schott Memorial Center Inc
Schott Memorial Center, a nonprofit organization, is dedicated to providing programs for individuals who are deaf and disabled. The mission of Schott Memorial Center is to create growth and development opportunities that empower these individuals, enabling them to become active and valuable members of society. To achieve this goal, the center offers a range of services, including residential living facilities, workshops, and various related programs. These initiatives are designed to provide the necessary support and resources for the deaf and disabled individuals, enabling them to lead fulfilling lives and contribute positively to their communities.
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Impact
July, 2024
Schott Memorial Center Inc has a significant impact on the lives of individuals who are deaf and disabled in Cooper City, FL. By providing programs and services tailored to their specific needs, the Center actively promotes their growth, development, and empowerment. Through its residential living facilities, workshops, and other related programs, Schott Memorial Center Inc plays a vital role in enabling these individuals to become contributing members of society. This organization's commitment to human services is evident in the tangible support it provides to a historically marginalized population, fostering inclusion and promoting independence.
This information is meant to be a general summary of Schott Memorial 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $50,811
- Program Service Revenue: $806,645
- Gross Receipts: $1,299,726
Assets and Liabilities:
- Total Assets: $1,063,865
- Total Liabilities: $22,647
- Net Assets: $1,041,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CENTER AND PROGRAM SERVICES
Revenue
$457,113
RESIDENTIAL COMMUNITY
Revenue
$333,982
MINISTRIES AND OTHER
Revenue
$15,550
Organization Details
Founding Year
1994
Phone
(954) 434-3306Principal Officer
Ileana Ramirez-Cueli
Main Address
6591 SOUTH FLAMIGO ROAD, COOPER CITY, FL, 33330
NTEE Category
Code: P33 - Human services
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