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Dominion Resource 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: 651221448 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Dominion Resource Center Inc?

Dominion Resource Center Inc is a Maryland-based nonprofit organization dedicated to making a positive impact on the lives of 100 developmentally challenged individuals. They operate eight homes, offering supportive independent living arrangements that significantly enhance their quality of life. Established with the sole purpose of providing rehabilitation services to those with developmental and intellectual disabilities, Dominion Resource Center Inc has been an essential resource in Maryland, serving a total of 1000 clients through its 13 homes. With a team of 100 employees, this nonprofit strives to improve the daily lives and overall wellbeing of those they serve.


Official website here: www.dominionresource.net

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.

Dominion Resource Center Inc has achieved an exceptional score of 100%, reflecting its strong performance in Accountability and Finance. The organization showcases a fully independent board, with all members meeting the criteria for independence. Key elements such as financial oversight and transparency are well-managed, as evidenced by their solid audit and oversight committee practices and the posting of essential documents on their website.

The nonprofit also demonstrates commendable financial health with a low liabilities to assets ratio of 19.09%, highlighting its effective management of resources. Additionally, a program expense ratio of 82.70% indicates that a significant majority of its funding is allocated directly to programs rather than administrative costs, further emphasizing its commitment to the mission.

Overall, Dominion Resource Center Inc sets a high standard for accountability and financial responsibility within the nonprofit sector. Its strong governance policies, including conflict of interest and whistleblower protections, further enhance its credibility and trustworthiness.


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

Is Dominion Resource Center Inc legitimate?

Dominion Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dominion Resource 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: $438,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,797,781

For more financial information, click here


Official website here: www.dominionresource.net

What is the mission statement of Dominion Resource Center Inc?

Dominion Resource Center Inc was established with a commitment to assist individuals dealing with developmental and intellectual disabilities. The organization's primary goal is to offer rehabilitation services, improving their lives through dedicated care. With 13 operational homes, they catered to over 1000 clients, providing them with supportive independent living arrangements. These homes significantly enhanced the quality of life for 100 developmentally challenged individuals by offering essential rehabilitative services.


Official website here: www.dominionresource.net

Who is the CEO of Dominion Resource Center Inc?

Felix Owolabi is the Director of Dominion Resource Center Inc. The CEO's salary of Dominion Resource Center Inc is $0 and their total compensation is $0.


Official website here: www.dominionresource.net

What is the revenue of Dominion Resource Center Inc?

Dominion Resource Center Inc's revenue in 2023 was $11,955,960.


Official website here: www.dominionresource.net

Who are the executives of Dominion Resource Center Inc and what are their salaries?

The average compensation at Dominion Resource Center Inc during 2023 was $22,366. There are 100 employees at Dominion Resource Center Inc.


Here are 7 key members and their salaries (Dominion Resource Center Inc's CEO's salary is $0 and their total compensation is $0):


Valencia Hagler Bey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnie Parrot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Segun Afolabi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Floyd Fowlkes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tunde Onafide (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felix Owolabi (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayode Adebayo (Finance Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dominionresource.net

Where can I find the form 990 for Dominion Resource Center Inc?

Dominion Resource Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.dominionresource.net

Learn more at the official website: www.dominionresource.net

Mission Statement of Dominion Resource Center Inc

Dominion Resource Center Inc, a nonprofit organization, was established with a commitment to making a difference in the lives of individuals with developmental and intellectual disabilities residing in Maryland. With a mission to provide essential rehabilitation services, the organization operated 13 homes accommodating a substantial community of 1000 clients.

The primary goal of Dominion Resource Center Inc was to offer opportunities that enhanced the quality of life for its residents. In doing so, the organization operated eight homes, each accommodating ten developmentally challenged individuals. These homes provided a supportive living environment, enabling residents to experience a sense of independence and personal growth.

At the heart of Dominion Resource Center Inc's mission was the belief that every individual deserves the chance to live a fulfilling life, regardless of their developmental or intellectual abilities. Through the provision of rehabilitative services, the organization aimed to empower its clients and help them reach their full potential. By creating an atmosphere of acceptance and support, Dominion Resource Center Inc fostered an environment where individuals could grow and thrive, ultimately contributing to a more inclusive and compassionate society.

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Impact




October, 2024

Dominion Resource Center Inc significantly impacts individuals with developmental and intellectual disabilities by offering comprehensive rehabilitation services in Maryland. Operating 13 homes that cater to around 1,000 clients, it provides a supportive environment that fosters independent living. This approach not only enhances the quality of life for those served but also promotes a sense of community and belonging among residents. By focusing on rehabilitation and support, Dominion Resource Center Inc empowers individuals to lead more fulfilling lives, ensuring they have access to the resources and care necessary for their development and well-being. Through its dedicated services, the organization plays a vital role in enriching the lives of individuals facing developmental challenges, ultimately contributing to a more inclusive society.




This information is meant to be a general summary of Dominion Resource 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
$11,955,960 (2023)
Expenses
$9,114,492 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $11,730,161
  • Gross Receipts: $11,955,960

Assets and Liabilities:

  • Total Assets: $10,058,640
  • Total Liabilities: $1,920,713
  • Net Assets: $8,137,927

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Programs

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

DDA Service Fees

Revenue

$11,725,396

Room and Board

Revenue

$4,765

Organization Details

Founding Year

2005

Principal Officer

Felix Owolabi

Main Address

5513 YORK ROAD, Baltimore, MD, 21212

NTEE Category

Code: F30 - Mental health

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