Lassid Ministries Inc
- Assets
- $120.6k
- Revenue
- $539.9k
- Investments
- $0.0
- Employees
- 13
- Location
- Milwaukee, WI
- Founding
- 05/2003
- Data as of
- 12/2021
- EIN
- 04-3698740
Organization Overview
Lassid Ministries Inc, operating under the name Convergence Resource Center, is located in Milwaukee, WI. The organization was established in 2003. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Convergence Resource Center employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Convergence Resource Center 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 12/2021, Convergence Resource Center generated $539.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $523.2k during the year ending 12/2021. While expenses have increased by 27.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES SERVICES TO WOMEN REBUILDING THEIR LIVES AFTER TRAUMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRC PROVIDED TRAINING, RAISED AWARENESS, AND EDUCATED THE COMMUNITY BY PARTICIPATING IN 60 EVENTS. EVENTS INCLUDED NO STUDIOS: DR. DEBBIE LASSITER, CEO, WAS A PANELIST AT THE JUSTICE SUMMIT. WISCONSIN DEPARTMENT OF CORRECTIONS - CRC PROVIDED TRAINING FOR LAW ENFORCEMENT, PROBATION AND PAROLE, SOCIAL WORKERS AND SERVICE PROVIDES.SOLACE SUPPORT LINE LOGGED 108.87 HOURS OF SUPPORT. IT IS A WARM LINE OF SUPPORT FOR HUMAN TRAFFICKING SURVIVORS TO REACH OUT AND TALK TO SOMEONE. THIS YEAR WE TRAINED INDIVIDUALS IN OTHER STATES TO MAN THE PHONE LINES SO THAT OUR ONSITE CASE MANAGERS COULD BE FREED UP TO HELP MORE CLIENTS.2,737.35 HOURS WERE LOGGED FOR EARNED SUVIVOR SUPPORT HELPING SURVIVORS PROVIDE A BRIDGE TO EMPLOYMENT. CRC HELPED 43 TRAFFICKING AND TRAUMA SURVIVORS. SURVIVORS RECEIVE A STIPEND WHILE RECEIVING ALL OF THE SERVICES NEEDED FOR THEIR HEALING AND GAIN WORK EXPERIENCE TO PREPARE FOR PERMANENT EMPLOYMENT.
CRC PROVIDED TRAINING, RAISED AWARENESS, AND EDUCATED THE COMMUNITY BY PARTICIPATING IN 60 EVENTS. EVENTS INCLUDED NO STUDIOS: DR. DEBBIE LASSITER, CEO, WAS A PANELIST AT THE JUSTICE SUMMIT. WISCONSIN DEPARTMENT OF CORRECTIONS - CRC PROVIDED TRAINING FOR LAW ENFORCEMENT, PROBATION AND PAROLE, SOCIAL WORKERS AND SERVICE PROVIDES.SOLACE SUPPORT LINE LOGGED 108.87 HOURS OF SUPPORT. IT IS A WARM LINE OF SUPPORT FOR HUMAN TRAFFICKING SURVIVORS TO REACH OUT AND TALK TO SOMEONE. THIS YEAR WE TRAINED INDIVIDUALS IN OTHER STATES TO MAN THE PHONE LINES SO THAT OUR ONSITE CASE MANAGERS COULD BE FREED UP TO HELP MORE CLIENTS.2,737.35 HOURS WERE LOGGED FOR EARNED SUVIVOR SUPPORT HELPING SURVIVORS PROVIDE A BRIDGE TO EMPLOYMENT. CRC HELPED 43 TRAFFICKING AND TRAUMA SURVIVORS. SURVIVORS RECEIVE A STIPEND WHILE RECEIVING ALL OF THE SERVICES NEEDED FOR THEIR HEALING AND GAIN WORK EXPERIENCE TO PREPARE FOR PERMANENT EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Debbie Lassiter Executive Dir. | OfficerTrustee | 40 | $74,972 |
Carla Mckiver CFO | Officer | 40 | $56,912 |
Dr Thelma Newby President | OfficerTrustee | 5 | $0 |
Jillaine Bauer Vice President | OfficerTrustee | 5 | $0 |
Shirley Mallett Director | Trustee | 2 | $0 |
Mark Krueger Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $299,732 |
| Membership dues | $0 |
| Fundraising events | $12,349 |
| Related organizations | $0 |
| Government grants | $286,206 |
| All other contributions, gifts, grants, and similar amounts not included above | $243,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $542,281 |
| Total Program Service Revenue | $2,250 |
| Investment income | $168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,800 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $539,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,973 |
| Compensation of current officers, directors, key employees. | $59,596 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,772 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,752 |
| Payroll taxes | $17,857 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,122 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,212 |
| Advertising and promotion | $8,189 |
| Office expenses | $13,825 |
| Information technology | $4,691 |
| Royalties | $0 |
| Occupancy | $47,193 |
| Travel | $154 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,103 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,058 |
| All other expenses | $0 |
| Total functional expenses | $523,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,302 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,251 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $120,553 |
| Accounts payable and accrued expenses | $5,567 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,567 |
| Net assets without donor restrictions | $114,986 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $120,553 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lassid Ministries Inc has recieved totaling $78,364.
| Awarding Organization | Amount |
|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: MENTAL HEALTH SUPPORT FOR HUMAN TRAFFICKING SURVIVORS AND JUSTICE INVOLVED WOMEN | $39,000 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: MENTAL HEALTH SUPPORT FOR HUMAN TRAFFICKING SURVIVORS AND JUSTICE INVOLVED WOMEN | $39,000 |
Herbert H Kohl Charities Inc Milwaukee, WI PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $114 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Church Of The Brethren Benefit Trust Inc Elgin, IL | $509,755,287 | $50,694,165 |
Relevant Radio Inc Lincolnshire, IL | $100,083,301 | $30,552,688 |
Advent House Ministries Inc Lansing, MI | $1,296,917 | $17,350,571 |
Mel Trotter Ministries Grand Rapids, MI | $13,737,280 | $17,550,593 |
Josiah Venture Nfp Wheaton, IL | $16,890,117 | $13,544,001 |
Alpha Usa Naperville, IL | $4,051,813 | $10,198,645 |
Wesley Village Inc Macomb, IL | $11,643,378 | $8,896,317 |
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
International Messengers Clear Lake, IA | $5,781,763 | $6,946,691 |
Interim Pastor Ministries Inc Orleans, MI | $699,514 | $5,433,287 |
American Lutheran Church Elk Horn, IA | $6,340,352 | $5,973,020 |
Training Leaders International Minneapolis, MN | $2,737,195 | $5,107,369 |