Network Inc

Organization Overview

Network Inc is located in Andover, CT. The organization was established in 1991. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Network Inc employed 459 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Network Inc generated $23.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $23.3m during the year ending 06/2021. While expenses have increased by 10.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE QUALITY SUPPORT SERVICES TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE COMMUNITY BASED RESIDENTIAL SUPPORT SERVICES FOR 156 INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES FOCUSING ON EACH PERSON'S UNIQUE ABILITIES. PROVIDE INDIVIDUAL AND FAMILY SUPPORT SERVICES INCLUDING PERSONAL SUPPORT, HABILITATION SERVICES, AND SUPPORTED LIVING FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.


PROVIDE DAY SUPPORT OPTIONS FROM COMMUNITY EXPERIENCE PROGRAMS TO SUPPORTED EMPLOYMENT FOR 114 INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Pearson
Executive Director
$116,389
Margaret Beglinger
Cfo/aed
$104,366
James F Keenan
Vice President
$0
Ted Cheslick
Treasurer
$0
Lisa K Anderson
Secretary
$0
Sam Ricciardi
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,043
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,043
Total Program Service Revenue$23,351,994
Investment income $2,769
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,215
Net Gain/Loss on Asset Sales $70,030
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $23,443,256

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Network Inc has recieved totaling $1,123.

Awarding OrganizationAmount
Vyuha Inc

Miramar, FL

PURPOSE: GENERAL SUPPORT

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$123
View Grant Recipient Profile

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