Pesi Inc
- Assets
- $92.5m
- Revenue
- $38.8m
- Investments
- $748.3k
- Employees
- 170
- Location
- Eau Claire, WI
- Founding
- 01/2010
- Data as of
- 12/2020
- EIN
- 26-3896894
Organization Overview
Pesi Inc is located in Eau Claire, WI. The organization was established in 2010. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2021, Pesi Inc employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pesi 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 12/2020, Pesi Inc generated $38.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $27.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (13.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pesi Inc has awarded 41 individual grants totaling $1,293,166. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND TRAINING TO HEALTH CARE PROFESSIONALS, COUNSELING PROFESSIONALS, AND THE GENERAL PUBLIC THROUGH SEMINARS AND ADDITIONAL EDUCATIONAL PRODUCTS INCLUDING PUBLICATIONS, CDS, DVDS, AND ONLINE/ON-DEMAND COURSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PESI INC. PROVIDES CUTTING EDGE CONTINUING EDUCATION TO PROFESSIONALS ACROSS THE NATION. WE WORK ALONGSIDE THE WORLD'S LEADING EXPERTS TO CREATE SEMINARS, CONFERENCES, VIDEOS, AND BOOKS THAT MEET THE NEEDS OF ADULT LEARNERS. ALL OF OUR CONTINUING EDUCATION SEMINARS AND PRODUCTS ASSURE THAT PROFESSIONALS CAN MEET THE CHANGING DEMANDS OF THEIR WORK BY PROVIDING PRACTICAL STRATEGIES, METHODS, AND INTERVENTIONS THEY CAN USE IMMEDIATELY TO IMPROVE THE OUTCOMES OF THEIR CLIENTS.AS A NON-PROFIT ORGANIZATION, OUR MISSION IS TO EDUCATE AND INSTRUCT THE GENERAL PUBLIC, PUBLIC ORGANIZATIONS, PRIVATE INDUSTRY, STUDENTS AND PROFESSIONALS TO ASSIST THEM IN ACQUIRING, DEVELOPING AND ENHANCING THEIR KNOWLEDGE AND SKILLS, AND TO ASSIST OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS IN THE CONDUCT OF SIMILAR ACTIVITIES. YOU CAN ATTEND ONE OF OUR LIVE SEMINARS NATIONWIDE. WE HAVE A ROBUST CONTINUING EDUCATION LIBRARY AVAILABLE, WHERE YOU CAN ACCESS OUR PRODUCTS AND DIGITAL LIBRARY ANYWHERE IN THE WORLD AT ANY TIME YOU NEED NEW INFORMATION TO HELP YOUR CLIENTS OR IF YOU HAVE A CREDIT DEADLINE LOOMING.LOCATED IN EAU CLAIRE, WI, PESI EMPLOYS AROUND 170 EMPLOYEES DEDICATED TO PRODUCING THE HIGHEST QUALITY EVENTS AND PRODUCTS. WE ARE SO CONFIDENT IN THE QUALITY OF OUR EVENTS AND PRODUCTS THAT WE STAND BEHIND THEM WITH A 100% SATISFACTION GUARANTEE. CHANCES ARE, THE PEOPLE YOU STUDIED IN GRADUATE SCHOOL AND THE AUTHOR OF THE LATEST PROFESSIONAL BOOK YOU READ, HAVE CONTINUING EDUCATION OFFERINGS THROUGH US. WE ARE ALSO PROUD PARTNERS WITH MANY OF THE NATION'S LEADING CONFERENCES, PUBLISHERS, ASSOCIATIONS, AND INSTITUTES TO HELP THEM CONNECT THE LATEST EVIDENCE-BASED CONTENT TO YOU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Conner Executive Director/secretary | OfficerTrustee | 40 | $528,129 |
Michael Olson Deputy Director | Officer | 40 | $496,092 |
Elizabeth Hanutke VP Of Cs & International Operations | Officer | 40 | $273,893 |
Matthew Mickelson Vice President Sales & Marketing | Officer | 40 | $270,821 |
Vicki Pflieger Vice President Of Finance | Officer | 40 | $260,954 |
Dave Wolfe Vp-It | Officer | 40 | $229,371 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pitney Bowes Presort Services Inc Postage/mailing | 12/30/21 | $7,981,558 |
Ce21 Llc Continuing Education | 12/30/21 | $2,895,624 |
Documation Printing | 12/30/21 | $2,406,636 |
Trauma Research Foundation Inc Speaker/author | 12/30/21 | $2,352,571 |
Headspring Llc Website Development | 12/30/21 | $766,896 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $38,028,912 |
| Investment income | $647,808 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,780,825 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,575 |
| 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. | $1,267,836 |
| Compensation of current officers, directors, key employees. | $1,014,268 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,280,680 |
| Pension plan accruals and contributions | $262,655 |
| Other employee benefits | $899,610 |
| Payroll taxes | $423,370 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $199,221 |
| Fees for services: Accounting | $45,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,786 |
| Fees for services: Other | $148,111 |
| Advertising and promotion | $5,476,918 |
| Office expenses | $123,240 |
| Information technology | $0 |
| Royalties | $2,148,181 |
| Occupancy | $275,502 |
| Travel | $6,159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,692,287 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $259,984 |
| Insurance | $57,025 |
| All other expenses | $36,899 |
| Total functional expenses | $27,358,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,758,247 |
| Savings and temporary cash investments | $43,413,161 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,790,575 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,279,134 |
| Prepaid expenses and deferred charges | $1,822,518 |
| Net Land, buildings, and equipment | $916,050 |
| Investments—publicly traded securities | $34,031,989 |
| Investments—other securities | $748,324 |
| Investments—program-related | $0 |
| Intangible assets | $1,301,815 |
| Other assets | $472,814 |
| Total assets | $92,534,627 |
| Accounts payable and accrued expenses | $3,651,592 |
| Grants payable | $0 |
| Deferred revenue | $2,220,477 |
| 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 | $1,754,200 |
| Total liabilities | $7,626,269 |
| Net assets without donor restrictions | $84,908,358 |
| 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 | $92,534,627 |
Grants Awarded
Over the last fiscal year, Pesi Inc has awarded $521,548 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF EAU CLAIRE PURPOSE: GENERAL SUPPORT | $482,728 |
Eau Claire, WI PURPOSE: GENERAL SUPPORT | $19,820 |
Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Eau Claire, WI PURPOSE: GENERAL SUPPORT | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agrace Hospicecare Incorporated Fitchburg, WI | $127,559,308 | $81,380,739 |
Hospice Of Michigan Inc Ann Arbor, MI | $47,973,819 | $70,125,455 |
Journeycare Inc Glenview, IL | $93,764,887 | $69,461,099 |
Hospice Care Of Southwest Michigan Kalamazoo, MI | $74,966,417 | $46,603,506 |
Meridian Hospice Downers Grove, IL | $42,738,076 | $35,043,303 |
Pesi Inc Eau Claire, WI | $92,534,627 | $38,780,825 |
Unity Limited Partnership De Pere, WI | $36,485,228 | $33,072,896 |
Joliet Area Community Hospice Corporation Joliet, IL | $49,346,001 | $29,848,676 |
Angela Hospice Home Care Inc Livonia, MI | $33,847,217 | $24,800,453 |
Arbor Hospice Inc Ann Arbor, MI | $20,612,418 | $23,975,905 |
Saint Anne Of Winona Minneapolis, MN | $16,379,206 | $17,452,810 |
Hospice Of Southern Il Inc Belleville, IL | $18,418,166 | $14,186,638 |