Overview
What is Racine Vocational Ministry Inc?
Racine Vocational Ministry Inc, located at 214 Seventh Street, Racine, Wisconsin 53403, is a distinguished nonprofit organization. Their primary mission is to uplift the unemployed and underemployed individuals in the communities of Racine and Kenosha, enabling them to contribute positively to their local environments. Through comprehensive employment training services and ongoing mentorship, RVM aims to foster self-sufficiency and productivity among its beneficiaries. The organization's efforts have been recognized as best practices by the US Attorney's Office of the Eastern District of Wisconsin and the International Association of Chief's of Police. In 2022, RVM maintained a one-year recidivism rate of 1%, significantly lower than the state average. Over the three-year period of 2020-2022, their recidivism rate was 5.85%, representing an 85.5% reduction compared to the state average. In collaboration with the Wisconsin Department of Corrections and Kenosha County Human Services, RVM also oversees Kenosha Vocational Ministry, reinforcing their commitment to fostering community growth and development.
Official website here: www.rvmracine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%
Racine Vocational Ministry Inc has achieved a Three-Star out of Four Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The overall score is based entirely on the Accountability & Finance beacon, where the organization scored 79%. This score indicates a solid commitment to transparency and responsible financial management, which is crucial for donor trust.
The organization excels in several key areas, including a perfect score for its financial statements and no material diversion of assets. Additionally, Racine Vocational Ministry Inc has comprehensive policies in place, such as conflict of interest and whistleblower policies, which contribute to its accountability framework. With an impressive program expense ratio of 88.02%, the majority of its funds are directed toward its mission-driven programs.
However, while the financial health indicators are strong, the rating is solely based on financial metrics without consideration for programmatic impact or effectiveness. Potential donors may want to explore more about the organization's outcomes and community impact to gain a fuller understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Racine Vocational Ministry Inc legitimate?
Racine Vocational Ministry Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racine Vocational Ministry 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: $269,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.rvmracine.org
What is the mission statement of Racine Vocational Ministry Inc?
Racine Vocational Ministry, as an organization, focuses on empowering individuals who are unemployed or underemployed. Its mission is to help these individuals become productive members of their communities. This is achieved through the provision of employment training services and subsequent mentoring. The ministry has shown significant success in reducing recidivism rates compared to the state average. For instance, RVM maintained a 1% recidivism rate for one year and a 5.85% rate for 2020-2022, representing an 85.5% reduction. The organization's effectiveness has earned it recognition as a best practice by the US Attorney's Office of the Eastern District of Wisconsin, endorsed by the International Association of Chief's of Police.
Official website here: www.rvmracine.org
Who is the CEO of Racine Vocational Ministry Inc?
James Schatzman is the President of Racine Vocational Ministry Inc.
Official website here: www.rvmracine.org
What is the revenue of Racine Vocational Ministry Inc?
Racine Vocational Ministry Inc's revenue in 2022 was $525,837.
Official website here: www.rvmracine.org
Who are the executives of Racine Vocational Ministry Inc and what are their salaries?
The average compensation at Racine Vocational Ministry Inc during 2022 was $38,453. There are 7 employees at Racine Vocational Ministry Inc.
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Official website here: www.rvmracine.org
Where can I find the form 990 for Racine Vocational Ministry Inc?
Racine Vocational Ministry Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rvmracine.org
Learn more at the official website: www.rvmracine.org
Mission Statement of Racine Vocational Ministry Inc
Racine Vocational Ministry, a notable organization, is dedicated to empowering the unemployed and underemployed individuals residing in Racine and Kenosha. Its mission is to transform these individuals into productive members of their community. To achieve this, Racine Vocational Ministry offers employment training services and follows up with mentoring support.
The organization has demonstrated remarkable success in its mission. The annual recidivism rate, which is typically high in Wisconsin, averages 15% for various risk categories. However, Racine Vocational Ministry has managed to maintain a significantly lower rate of 1% for one year. Over a three-year period, the organization's recidivism rate stands at 5.85%, which represents an 85.5% reduction compared to the state average. These impressive results have earned Racine Vocational Ministry recognition as a best practice by the US Attorney's Office of the Eastern District of Wisconsin, as well as the International Association of Chief's of Police.
The organization's impact is not limited to employment training and mentoring. Racine Vocational Ministry's mission extends to fostering the development of responsible, self-sufficient individuals who can contribute positively to their communities. By providing these individuals with the necessary tools and support, the organization plays a significant role in promoting social and economic growth.
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Impact
July, 2024
Racine Vocational Ministry Inc's impact is notable in empowering the unemployed and underemployed individuals of Racine and Kenosha to become productive members of their community. One key indicator of their success is the low rate of recidivism among program participants. While the average rate of annual recidivism in Wisconsin is 15% for various risk levels, Racine Vocational Ministry has maintained an exceptionally low rate of 1% for one year in 2022. Their three-year rate for 2020-2022 stands at 5.85%, showcasing an impressive 85.5% reduction compared to the state average.
Such outcomes have garnered recognition for Racine Vocational Ministry as a best practice organization, acknowledged by the US Attorney's Office of the Eastern District of Wisconsin and the International Association of Chief's of Police. Additionally, the organization collaborates closely with the Wisconsin Department of Corrections and Kenosha County Human Services, supported by the Kenosha Job Center, to further extend their impact through initiatives like the Kenosha Vocational Ministry.
By providing employment training services and ongoing mentoring, Racine Vocational Ministry is actively contributing to building a more resilient and self-sufficient community in Racine and Kenosha. Their commitment to empowering individuals for long-term success demonstrates their significant impact on the local workforce and overall community well-being.
This information is meant to be a general summary of Racine Vocational Ministry 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: $188
- Gross Receipts: $525,837
Assets and Liabilities:
- Total Assets: $342,896
- Total Liabilities: $24,862
- Net Assets: $318,034
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Organization Details
Founding Year
2002
Phone
(262) 633-8660Principal Officer
James Schatzman
Main Address
214 Seventh Street, Racine, WI, 53403
Website
www.rvmracine.orgNTEE Category
Code: B90 - Education
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