Overview
What is Abg Wellness Group Inc?
Abg Wellness Group Inc is a nonprofit organization based in Milwaukee, Wisconsin. With 48 employees, they offer mental health services to disadvantaged individuals, aiming to support those in need by providing essential mental health care. Their mission is deeply rooted in caring for the community, striving to make a positive impact on the lives of those they serve.
Official website here: www.abgwellnessgroup.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Needs Improvement (Two-Star out of Four Star rating, 69%)
Abg Wellness Group Inc has received a "Needs Improvement" rating from Charity Navigator, indicating areas where the organization can enhance its accountability and financial practices. While the organization boasts a high score for having a fully independent board, it lacks essential financial statements and several key policies, which has contributed to its overall low evaluation.
The nonprofit shows a strong commitment to its mission, demonstrated by a 100% program expense ratio, meaning all funds are directed towards programs. Additionally, the absence of material asset diversion indicates sound management of resources. However, the lack of transparency and missing policies regarding conflict of interest, whistleblower protection, and document retention raise concerns about governance practices.
Overall, while Abg Wellness Group Inc has strengths in its focus on program delivery and governance by independent board members, it is crucial for the organization to address its financial reporting and policy deficiencies to improve its rating and instill greater confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Abg Wellness Group Inc legitimate?
Abg Wellness Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abg Wellness Group 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: $907,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,392,982
For more financial information, click here
Official website here: www.abgwellnessgroup.org
What is the mission statement of Abg Wellness Group Inc?
The mission of Abg Wellness Group Inc, as stated, is geared towards serving disadvantaged individuals by providing essential mental health services. This organization is committed to making a positive impact on the lives of people who may face challenges in accessing such services. By offering mental health support, Abg Wellness Group Inc aims to contribute to the overall well-being and health of these individuals, thereby improving their quality of life. Through its services, the organization strives to create a supportive environment where everyone can receive the assistance they need to manage their mental health effectively.
Official website here: www.abgwellnessgroup.org
Who is the CEO of Abg Wellness Group Inc?
Alex Goldman is the President of Abg Wellness Group Inc.
Official website here: www.abgwellnessgroup.org
What is the revenue of Abg Wellness Group Inc?
Abg Wellness Group Inc's revenue in 2022 was $4,122,642.
Official website here: www.abgwellnessgroup.org
Who are the executives of Abg Wellness Group Inc and what are their salaries?
The average compensation at Abg Wellness Group Inc during 2022 was $68,754. There are 48 employees at Abg Wellness Group Inc.
Here are 3 key members and their salaries:
- Compensation: $457,200
- Related: $0
- Other: $0
- Compensation: $450,002
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.abgwellnessgroup.org
Where can I find the form 990 for Abg Wellness Group Inc?
Abg Wellness Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.abgwellnessgroup.org
Learn more at the official website: www.abgwellnessgroup.org
Mission Statement of Abg Wellness Group Inc
Abg Wellness Group Inc, a nonprofit organization, is dedicated to delivering mental health services to individuals who are disadvantaged. Its mission is centered around providing these essential services to those who might otherwise struggle to access them. Through their work, they aim to make a significant difference in the lives of those they serve, ensuring they receive the mental health support they need. By offering mental health services, Abg Wellness Group Inc is committed to improving the overall well-being of the disadvantaged individuals they assist, contributing to a healthier, more balanced community.
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Impact
June, 2024
Abg Wellness Group Inc's impact is felt through the provision of mental health services to disadvantaged individuals in Milwaukee, Wisconsin. By offering support and assistance to those in need, the organization plays a vital role in promoting mental wellness and improving the overall well-being of the community. Their mission to provide accessible mental health services to those facing challenges contributes to fostering a healthier and more resilient society. Through their commitment to mental health, Abg Wellness Group Inc positively impacts the lives of individuals who may not otherwise have access to such crucial services.
This information is meant to be a general summary of Abg Wellness Group 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.
- Program Service Revenue: $4,122,642
- Gross Receipts: $4,122,642
Assets and Liabilities:
- Total Assets: $1,200,530
- Total Liabilities: $84,727
- Net Assets: $1,115,803
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Counseling
Revenue
$4,122,642
Organization Details
Founding Year
2016
Principal Officer
Alex Goldman
Main Address
11414 Park Place STE 202, Milwaukee, WI, 532243500
Website
www.abgwellnessgroup.orgNTEE Category
Code: F30 - Mental health
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