Overview
What is Benco?
Benco is a nonprofit organization situated in Corvallis, Oregon, with the address 165 NE Conifer Blvd, ZIP code 97330. Their primary mission is to offer housing, food, and life skills training for approximately 40-60 adults with intellectual disabilities. They achieve this goal through two distinct programs: group homes and supported living. These programs provide essential support and assistance in accessing governmental programs for individuals and families who require such help. Benco's residential services aim to improve the quality of life for people with intellectual disabilities or other developmental disabilities in Benton County, Oregon. With a team of 135 dedicated employees, Benco strives to create an inclusive and supportive environment for its clients.
Official website here: www.bencocorvallis.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
Benco has earned an impressive Four-Star rating from Charity Navigator, primarily reflecting its strong performance in Accountability & Finance. The organization demonstrates robust financial practices, including 100% independent board members and high scores in areas like financial oversight and conflict of interest policies. This strong governance structure is indicative of a commitment to transparency and proper management of resources.
The charity reported a strong program expense ratio of over 86%, indicating that a significant majority of its spending is directed towards its programs, which is a positive sign of its operational focus. However, it’s worth noting that Benco is not currently evaluated for impact, culture, or leadership, which may limit insights into its overall effectiveness and community alignment.
Unfortunately, user reviews from GreatNonprofits could not be retrieved. This lack of feedback limits the opportunity to gauge broader public sentiment and personal experiences related to Benco’s services and impact. Overall, while the financial and accountability metrics are solid, prospective supporters may wish to seek out additional information to assess the charity's effectiveness in delivering its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Benco legitimate?
Benco is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benco 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: $98,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,083,473
For more financial information, click here
Official website here: www.bencocorvallis.com
What is the mission statement of Benco?
Benco's mission is centered around providing residential services for individuals with intellectual disabilities or other developmental disabilities. The organization operates two distinct programs: group homes and supported living. These programs aim to offer support and assistance in accessing governmental programs for both individuals and their families. The main objective is to enhance their quality of life. Benco provides housing, food, and living skills training for approximately 40 to 60 adult residents, facilitating their overall well-being and independence.
Official website here: www.bencocorvallis.com
Who is the CEO of Benco?
Alison Smith is the Executive Di of Benco.
Official website here: www.bencocorvallis.com
What is the revenue of Benco?
Benco's revenue in 2023 was $7,583,877.
Official website here: www.bencocorvallis.com
Who are the executives of Benco and what are their salaries?
The average compensation at Benco during 2023 was $38,382. There are 135 employees at Benco.
Here are 8 key members and their salaries:
- Compensation: $98,159
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Official website here: www.bencocorvallis.com
Where can I find the form 990 for Benco?
Benco's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bencocorvallis.com
Learn more at the official website: www.bencocorvallis.com
Mission Statement of Benco
Benco, a nonprofit organization, is committed to providing residential services for individuals with intellectual disabilities or other developmental disabilities. The organization operates two distinct programs: group homes and supported living. These programs aim to offer support and assistance in accessing governmental programs for individuals and families. By providing housing, food, and living skills training, Benco serves approximately 40-60 adults with intellectual disabilities, enabling them to live as independently as possible. The organization's mission is to enhance the lives of these individuals, promoting their inclusion and well-being in society.
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Impact
July, 2024
Benco's impact lies in providing essential residential services in Benton County, Oregon for individuals with intellectual and developmental disabilities. Through its group homes and supported living programs, Benco offers housing, food, and living skills training to approximately 40-60 adults in need. Additionally, the organization plays a vital role in assisting these individuals and their families in accessing government programs and support services. Benco's work directly enhances the quality of life for those with disabilities in the community, promoting independence and inclusion for all.
This information is meant to be a general summary of Benco. 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: -$8,781
- Program Service Revenue: $7,585,237
- Gross Receipts: $7,592,877
Assets and Liabilities:
- Total Assets: $5,718,398
- Total Liabilities: $1,129,945
- Net Assets: $4,588,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL LIVING
Revenue
$6,789,009
SUPPORTED LIVING
Revenue
$430,658
CLIENT ROOM & BOARD
Revenue
$318,138
SERVICE PAYMENTS
Revenue
$24,745
IN HOME SUPPORT
Revenue
$19,073
Organization Details
Founding Year
1997
Phone
(541) 753-5040Principal Officer
Alison Smith
Main Address
165 NE CONIFER BLVD, CORVALLIS, OR, 97330
Website
www.bencocorvallis.comNTEE Category
Code: P80Z - Human services
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