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Reachout Inc

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

EIN: 061400614 ✦ Hamden, CT ✦ Designated as a 501(c)(3)

Overview

What is Reachout Inc?

Reachout Inc, located in Hamden, Connecticut, is a nonprofit organization that specializes in offering early intervention services for children from birth to three years of age at no cost to families. The organization's mission is centered around providing assistance to these young individuals, ensuring that their developmental needs are met without placing financial burdens on their families. With a dedicated workforce of 24 individuals, Reachout Inc aims to contribute positively to the lives of these young children, facilitating their growth and development during their formative years.


Official website here: www.reachoutinc.org

Is Reachout Inc legitimate?

Reachout Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reachout 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.

Here are some key statistics you may want to consider:

Executive Compensation: $98,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,283,243

For more financial information, click here


Official website here: www.reachoutinc.org

What is the mission statement of Reachout Inc?

Reachout Inc is committed to providing assistance to children from birth to three years of age, completely free of charge for the families. Their primary mission is to support these young children through various early intervention programs. The organization covers the costs associated with these programs, excluding general and administrative expenses. This initiative aims to provide essential support to families during their children's crucial developmental years. Reachout Inc's mission underscores its dedication to ensuring that every child, regardless of financial circumstances, has access to necessary aid during their formative years.


Official website here: www.reachoutinc.org

Who is the CEO of Reachout Inc?

Elaine Balsley is the Executive Director of Reachout Inc.


Official website here: www.reachoutinc.org

What is the revenue of Reachout Inc?

Reachout Inc's revenue in 2022 was $1,648,682.


Official website here: www.reachoutinc.org

Who are the executives of Reachout Inc and what are their salaries?

The average compensation at Reachout Inc during 2022 was $57,563. There are 24 employees at Reachout Inc.

Here are 8 key members and their salaries:

    Elaine Balsley (Executive Director)
  • Compensation: $98,259
  • Related: $0
  • Other: $0

    • Monique Drucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Styron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Esposito Mpt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Sager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Nappo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Aloi (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Rehermann (Secretarytreasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.reachoutinc.org

    Where can I find the form 990 for Reachout Inc?

    The Reachout Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.reachoutinc.org

    Learn more at the official website: www.reachoutinc.org

    Mission Statement of Reachout Inc

    Reachout Inc, a nonprofit organization, is dedicated to extending a helping hand to children from their birth up to the age of three. Unlike many services, Reachout Inc provides this assistance completely free of charge for the families involved. This mission is a testament to their commitment to supporting the early developmental needs of young children, recognizing the crucial role these formative years play in shaping their future. The organization's primary focus is on delivering an early intervention program for these children, ensuring that families do not bear the financial burden during this critical period. This mission of Reachout Inc underscores their dedication to promoting the well-being and growth of children in their formative years, ultimately setting them up for a stronger foundation in life.

    Impact

    This information is meant to be a general summary of Reachout Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Reachout Inc has a significant impact on children from birth to three years of age by providing essential assistance at no cost to their families. Through its early intervention program, Reachout Inc ensures that these children receive the necessary support and resources to thrive and reach their full potential. This invaluable service not only benefits the children directly but also has a lasting positive impact on their families and communities. By offering education and assistance in a critical stage of development, Reachout Inc plays a crucial role in shaping a brighter future for these young children.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $70,719
  • Program Service Revenue: $1,573,468
  • Gross Receipts: $1,840,898

    • Assets and Liabilities:
  • Total Assets: $1,285,750
  • Total Liabilities: $260,239
  • Net Assets: $1,025,511
  • Programs

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

    FEES FROM GOVERNMENT

    Revenue

    $1,493,500

    SERVICE FEES PRIVATE

    Revenue

    $79,968

    Organization Details

    Founding Year

    1994

    Principal Officer

    Elaine Balsley

    Main Address

    60 CONNOLLY PKWY NO 17A, HAMDEN, CT, 06514

    NTEE Category

    Code: B28I - Education

    If you are a representative of Reachout Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.