Nexus Inc

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

EIN: 237246765 ✦ Woburn, MA ✦ Designated as a 501(c)(3)

Overview

What is Nexus Inc?

Nexus Inc is a nonprofit organization situated in Woburn, Massachusetts, with a mission to provide high-quality living facilities and residential alternatives for individuals with developmental challenges. Established with a goal to enhance the lives of these individuals, Nexus Inc employs 106 dedicated individuals. Their services promote opportunities for personal growth and aim to deliver the best possible quality of life, offering a supportive environment that caters to the unique needs of each resident.


Is Nexus Inc legitimate?

Nexus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nexus 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,624,463

For more financial information, click here


What is the mission statement of Nexus Inc?
Who is the CEO of Nexus Inc?
What is the revenue of Nexus Inc?
Who are the executives of Nexus Inc and what are their salaries?
Where can I find the form 990 for Nexus Inc?

Mission Statement of Nexus Inc

Nexus Inc, a renowned nonprofit organization, is dedicated to offering residential alternatives for individuals with developmental challenges. Their mission is centered around promoting the highest possible quality of life for these individuals and providing them with opportunities for personal growth. By offering community-based mental health services and living facilities, Nexus Inc strives to create an environment that supports and nurtures the developmentally challenged individuals in their care. The organization's primary goal is to empower these individuals, enabling them to live fulfilling lives and reach their full potential. Nexus Inc's residential alternatives are designed to foster a sense of community, providing a supportive environment where individuals can thrive and grow.

Impact

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




Thursday, August 15, 2024

Nexus Inc's impact can be seen in its commitment to providing residential alternatives for developmentally challenged individuals in Woburn, MA. By offering community-based mental health services and living facilities, Nexus Inc is dedicated to promoting the highest quality of life possible and creating opportunities for its residents. This organization plays a crucial role in enhancing the well-being and independence of individuals with developmental challenges in the community.





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 2023.

  • Investment Income: $62,152
  • Program Service Revenue: $564,557
  • Gross Receipts: $5,754,425

    • Assets and Liabilities:
  • Total Assets: $3,863,473
  • Total Liabilities: $2,300,710
  • Net Assets: $1,562,763
  • Programs

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

    RESIDENTIAL CHARGES

    Revenue

    $363,832

    HOUSING ASSISTANCE REV

    Revenue

    $111,051

    FOOD STAMP REVENUE

    Revenue

    $85,195

    OTHER INCOME

    Revenue

    $4,479

    Organization Details

    Founding Year

    1972

    Principal Officer

    Greg Mcgowan

    Main Address

    888 MAIN STREET, WOBURN, MA, 01801

    NTEE Category

    Code: Z99Z - Unknown

    If you are a representative of Nexus 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.