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The Reach Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731503689 ✦ Weleetka, OK ✦ Designated as a 501(c)(3)

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Overview

What is The Reach Corporation?

The Reach Corporation, situated in Weleetka, Oklahoma, is a nonprofit organization devoted to offering long-term residential care for individuals with developmental disabilities. Their mission is to assist and empower these individuals in achieving their personal objectives, recognizing the collective contribution of their employees. They provide a supportive environment that encourages self-discovery and personal growth, employing a workforce of 252 dedicated individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Charity Navigator 67%)

The Reach Corporation currently holds a Two-Star out of Four Star rating on Charity Navigator, reflecting its need for improvement in specific organizational practices. The rating is primarily based on a strong Accountability & Finance score, indicating transparency regarding the use of funds and governance, particularly with a fully independent board. However, deficiencies were noted in areas such as financial statement accessibility and the lack of established policies around conflict of interest and whistleblower protections.

While the organization excels in maintaining low liabilities and high program expenditure ratios, it has room for growth in its governance and operational policies. The absence of a webpage linking to its tax forms further impacts its rating, suggesting a need for better public transparency. Additionally, The Reach Corporation has not been currently assessed for its impact and organizational culture, which could provide a more comprehensive picture of its effectiveness.

User reviews from GreatNonprofits could not be retrieved, limiting insights into personal experiences with the organization. Overall, stakeholders may find The Reach Corporation's financial management robust but should consider its governance and operational weaknesses when evaluating its effectiveness.


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

Is The Reach Corporation legitimate?

The Reach Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Reach Corporation 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: $3,653,132

For more financial information, click here

What is the mission statement of The Reach Corporation?

The Reach Corporation's mission is centered around assisting and supporting individuals with developmental disabilities. This organization strives to help these individuals identify and achieve their personal goals, emphasizing the collective effort of their employees. Their mission extends beyond just providing support; they also recognize and value the contributions of each team member in this endeavor. Furthermore, The Reach Corporation provides supervised long-term residential care to individuals with developmental disabilities, ensuring their well-being and personal growth.

Who is the CEO of The Reach Corporation?

M Geoffrey Bailey is the President of The Reach Corporation.

What is the revenue of The Reach Corporation?

The Reach Corporation's revenue in 2022 was $7,819,170.

Who are the executives of The Reach Corporation and what are their salaries?

The average compensation at The Reach Corporation during 2022 was $14,497. There are 252 employees at The Reach Corporation.


Here are 3 key members and their salaries:


M Geoffrey Bailey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Beck (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Humphrey (Sec/Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Reach Corporation?

The Reach Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Reach Corporation

The Reach Corporation, a nonprofit organization, is dedicated to assisting and supporting individuals with developmental disabilities. Their mission is centered around helping these individuals discover and actualize their personal goals. Recognizing the collective effort of their employees, The Reach Corporation aims to foster an environment where everyone plays a significant role in this transformative journey. In essence, their mission is to empower people with developmental disabilities, enabling them to reach their full potential.

The Reach Corporation's approach is unique in that it provides supervised long-term residential care to these individuals. This residential care serves as a supportive environment, allowing individuals to grow at their own pace and achieve their goals. The organization's mission is not just about providing care but also about recognizing the collective effort of its employees. By working together, they aim to create a nurturing and inclusive atmosphere that encourages personal growth and development for those with developmental disabilities.

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Impact




July, 2024

The Reach Corporation's impact is evident in its provision of supervised long-term residential care to individuals with developmental disabilities. By assisting and supporting these individuals in discovering and actualizing their personal goals, The Reach Corporation acknowledges the collective effort of its employees in creating a nurturing and empowering environment. Through its mission to empower individuals with developmental disabilities to reach their full potential, The Reach Corporation plays a crucial role in promoting inclusivity and fostering independence within the community.




This information is meant to be a general summary of The Reach Corporation. 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
$7,819,170 (2022)
Expenses
$7,423,103 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,549
  • Program Service Revenue: $7,031,419
  • Gross Receipts: $7,819,170

Assets and Liabilities:

  • Total Assets: $2,207,839
  • Total Liabilities: $1,492,397
  • Net Assets: $715,442

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Programs

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

MEDICAID

Revenue

$6,355,971

PATIENT FEES

Revenue

$675,448

Organization Details

Founding Year

2004

Principal Officer

M Geoffrey Bailey

Main Address

PO BOX 217, WELEETKA, OK, 74880

NTEE Category

Code: J30 - Employment

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