Chesterwye Center Inc
Nonprofit profile at a glance
- EIN
- 520973964
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Grasonville, MD, USA
- Phone
- 4108277048
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Developmentally Disabled Centers
Reported finances
- Revenue
- $10,202,670
- Expenses
- $7,915,824
- Assets
- $6,673,989
- Liabilities
- $873,683
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- MICHAEL YATES (EXECUTIVE DIRECTOR)
- ELAINE CURL (PRESIDENT)
- DIANE MCCOMB (VICE PRESIDENT)
Highest reported compensation
- MARIA VILLACORTE (DSP): $163,236 total reported compensation
- CRAIG GIBSON (DSP): $150,832 total reported compensation
- MICHAEL YATES (EXECUTIVE DIRECTOR): $142,510 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To assist adults with developmental and intellectual disabilities to pursue community membership through employment, community living, natural supports, and developing meaningful relationships in their community.
What it reported doing in 2024
Day program and other supported employment activities provide vocational training and activities that are meaningful to each adult person with an intellectual / developmental disability. Support services provides guidance to the community and families to support meaningful community engagement to adults over age 21 with an intellectual / developmental disability. Also includes other miscellaneous non-allocable program revenues.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.1%; rating input score 70
- Program expense ratio: 90.9%; rating input score 91
- Fundraising efficiency: $9.74 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 22.4%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 12.5%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 70.1% of revenue deployed · 90.9% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $7.2M in reported program spending
- Leadership: top reported pay $163K · 18 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $1.4M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 13/100.