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Recoversource Inc

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

EIN: 411753679 ✦ Grand rapids, MN ✦ Designated as a 501(c)(3)

Overview

What is Recoversource Inc?

Recoversource Inc is a nonprofit organization committed to assisting individuals who are in recovery, or are concerned about recovery, from chemical dependency. The primary focus of Recoversource is to offer insurance products as a membership benefit to those in need. By becoming dues-paying members, individuals gain access to these crucial insurance services, which can play a vital role in their ongoing recovery journey. Recoversource's mission is centered around recovery from chemical dependency, with membership criteria designed to cater to this target audience.


Is Recoversource Inc legitimate?

Recoversource Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Recoversource Inc submitted a form 990EZ, 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.


What is the mission statement of Recoversource Inc?

The mission of Recoversource Inc is geared towards enrolling individuals and support groups who are either in recovery or concerned about recovery from chemical dependency. By becoming dues-paying members, these individuals gain access to insurance products. Recoversource's primary focus is on supporting the recovery from substance abuse, aiming to provide a safety net during this critical period.


Who is the CEO of Recoversource Inc?

Steve Whitehead is the Secretary of Recoversource Inc.


What is the revenue of Recoversource Inc?

Recoversource Inc's revenue in 2023 was $120,137.


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

Here are 3 key members and their salaries:

    George Wilbur (President/Exec Director/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Whitehead (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Kane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Where can I find the form 990EZ for Recoversource Inc?

    The Recoversource Inc’s most recent form 990EZ was submitted in 2023 and can be accessed here


    Mission Statement of Recoversource Inc

    Recoversource Inc, a nonprofit organization, is committed to a noble mission. Their primary objective is to enroll individuals and support groups who are in recovery from, or are concerned about recovering from, chemical dependency. By becoming dues-paying members, these individuals gain access to a range of insurance products. The organization's membership criteria are focused on those who are on the path to recovery from substance abuse, making it a safe haven for those seeking support and assistance in their journey. Recoversource Inc aims to empower its members and help them navigate the challenges of recovery, providing them with the resources they need to rebuild their lives.

    Impact

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




    Monday, June 17, 2024

    Recoversource Inc's impact is significant in the realm of mental health and recovery from chemical dependency. The organization is dedicated to enrolling individuals and support groups as dues-paying members, providing them with access to insurance products. By focusing on those in recovery or concerned about recovery from chemical dependency, Recoversource plays a crucial role in supporting individuals on their journey to sobriety and overall well-being. Through their work, they are able to provide much-needed resources and assistance to those in need, ultimately contributing to the betterment of individuals and communities dealing with addiction issues.





    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: $39
  • Program Service Revenue: $110,867
  • Gross Receipts: $120,137

    • Assets and Liabilities:
  • Total Assets: $67,742
  • Total Liabilities: $1,200,607
  • Net Assets: -$1,132,865
  • Organization Details

    Principal Officer

    Steve Whitehead

    Main Address

    PO BOX 309, GRAND RAPIDS, MN, 55744

    NTEE Category

    Code: F20Z - Mental health

    If you are a representative of Recoversource 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.