Bosma Industries For The Blind Inc, operating under the name Bosma Enterprises, is located in Indianapolis, IN. The organization was established in 1989. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Bosma Enterprises employed 238 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bosma Enterprises 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 06/2022, Bosma Enterprises generated $116.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $104.3m during the year ending 06/2022. While expenses have increased by 7.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BOSMA ENTERPRISES, CREATING OPPORTUNITIES FOR INDIVIDUALS WHO ARE BLIND OR VISUALLY IMPAIRED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOSMA PROVIDES WORK OPPORTUNITIES FOR INDIVIDUALS WHO ARE LEGALLY BLIND OR VISUALLY IMPAIRED THROUGH ITS SERVICE AND MANUFACTURING OPERATIONS. ADDITIONALLY, BOSMA HAS DEVELOPED SITUATIONAL ASSESSMENT AND VOCATIONAL SKILLS TRAINING PROGRAMS FOR THESE INDIVIDUALS ALONG WITH OFFERING REHABILITATION PROGRAMS. A PLACEMENT SERVICE PROGRAM FOR INDIVIDUALS WHO ARE LEGALLY BLIND OR VISUALLY IMPAIRED AND MEET ELIGIBILITY REQUIREMENTS PROVIDES OPPORTUNITIES FOR PLACEMENT INTO COMPETITIVE EMPLOYMENT IN THE COMMUNITY.
THE BOSMA REHABILITATION (BR) PROGRAM OFFERS COMPREHENSIVE VISION REHABILITATION SERVICES TO MEET THE NEEDS OF ADULTS WHO ARE BLIND OR VISUALLY IMPAIRED. PARTICIPANTS WORK WITH PROFESSIONAL STAFF TO CREATE A TEACHING PLAN THAT IS CUSTOMIZED TO MEET THEIR INDIVIDUAL GOALS. ALL TRAINING TAKES PLACE AT THE REHABILITATION CENTER IN INDIANAPOLIS, INDIANA, OVER A PERIOD OF APPROXIMATELY 4 MONTHS. THE AREAS OF INSTRUCTION INCLUDE, BUT ARE NOT LIMITED TO, DAILY LIVING SKILLS, ASSISTIVE TECHNOLOGY, COUNSELING, EDUCATIONAL SERVICES, FUNCTIONAL VISION AND LIGHTING ASSESSMENTS, KEYBOARDING, MANUAL SKILLS, AND ORIENTATION AND MOBILITY. SEE SCHEDULE O FOR CONTINUATION: CONTINUED FROM PAGE 2, LINE 4B: THE ITINERANT REHABILITATION TEACHING (IRT) PROGRAM IS DESIGNED TO MEET THE INDIVIDUAL REHABILITATION NEEDS OF CLIENTS THROUGHOUT INDIANA BY PROVIDING COMPREHENSIVE VISION REHABILITATION SERVICES FOR PEOPLE STRUGGLING TO ADJUST TO VISION LOSS. THESE SERVICES ARE COMMUNITY-BASED WHEREIN TRAINED INSTRUCTORS TRAVEL TO THE CLIENT'S HOME TO PROVIDE INSTRUCTION ON ADAPTIVE TECHNOLOGIES AND BASIC MODIFICATIONS TO ALLOW THESE INDIVIDUALS TO RETAIN THEIR INDEPENDENCE. ONE OF THE GROWING IRT PROGRAMS PROVIDES ADDITIONAL SERVICES FOR PEOPLE OVER THE AGE OF 55. A FOCUS GROUP PROVIDES INSTRUCTION AND CLASSES RELATED TO DEALING WITH VISION LOSS IN A GROUP SETTING AT PUBLIC LOCATIONS SUCH AS LIBRARIES AND SENIOR CENTERS. IT ALSO INCLUDES ADJUSTMENT COUNSELING AIMED AT DEALING WITH THE EMOTIONAL IMPACT OF VISION LOSS. IN ADDITION, THE PROGRAM ALSO ASSESSES OTHER BARRIERS TO INDEPENDENT LIVING AND SHORT-TERM WRAP-AROUND SERVICES DESIGNED TO HELP THE INDIVIDUAL REMAIN IN THE HOME. THE EMPLOYMENT SERVICES (ES) PROGRAM PREPARES INDIVIDUALS WHO ARE LEGALLY BLIND OR VISUALLY IMPAIRED FOR EMPLOYMENT. IT COMPLETES ASSESSMENT OF THEIR INTERPERSONAL AND WORK-RELATED SKILLS, EDUCATES THEM ABOUT THE CORPORATE AND WORKPLACE CULTURE, AND HELPS TO IDENTIFY THEIR CAREER GOALS. THE ES PROGRAM ASSISTS THE INDIVIDUAL TO FIND AND MAINTAIN EMPLOYMENT BY PROVIDING INSTRUCTION IN JOB-SEARCH TECHNIQUES, INTERVIEW SKILLS, NETWORKING TECHNIQUES, WORKSITE ASSESSMENTS, IDENTIFYING NECESSARY JOB ACCOMMODATIONS, ON-SITE JOB COACHING, AND REFERRAL FOR OTHER SUPPORT SERVICES REQUIRED IN THE WORKPLACE AND COMMUNITY. THE EMPLOYMENT SPECIALISTS PROVIDE CONSULTATION TO EMPLOYERS IN THE COORDINATION OF NECESSARY JOB MODIFICATIONS AND ADDRESS THEIR CONCERNS IN HIRING PEOPLE WHO ARE BLIND OR VISUALLY IMPAIRED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Mittman President/ce | Officer | 40 | $300,603 |
Jay Geshay Cso | Officer | 40 | $209,103 |
Douglas Pingel VP Operation | Officer | 40 | $196,203 |
Dana Werner Chief Oper. | Officer | 40 | $192,584 |
Teresa Watson CFO | Officer | 40 | $191,076 |
Lise Pace VP Of Ext. A | Officer | 40 | $180,927 |
Statement of Revenue | |
---|---|
Federated campaigns | $87,636 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $231,948 |
Government grants | $181,448 |
All other contributions, gifts, grants, and similar amounts not included above | $117,071 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $618,103 |
Total Program Service Revenue | $115,131,961 |
Investment income | $130,839 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $82,379 |
Net Gain/Loss on Asset Sales | $1,438 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $116,517,311 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $896,000 |
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. | $1,895,453 |
Compensation of current officers, directors, key employees. | $1,209,382 |
Compensation to disqualified persons | $225,079 |
Other salaries and wages | $4,173,710 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,036,171 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $346,699 |
Fees for services: Accounting | $81,325 |
Fees for services: Lobbying | $175,078 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $35,868 |
Fees for services: Other | $0 |
Advertising and promotion | $630,745 |
Office expenses | $134,463 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $316,271 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $99,869 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $433,399 |
Insurance | $59,086 |
All other expenses | $1,020,095 |
Total functional expenses | $104,335,524 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $27,597,098 |
Savings and temporary cash investments | $1,327,445 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,492,599 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $34,497,661 |
Prepaid expenses and deferred charges | $626,596 |
Net Land, buildings, and equipment | $12,906,353 |
Investments—publicly traded securities | $5,636,209 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,350,359 |
Total assets | $91,434,320 |
Accounts payable and accrued expenses | $9,836,775 |
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 | $825,109 |
Total liabilities | $10,661,884 |
Net assets without donor restrictions | $80,772,436 |
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 | $91,434,320 |
Over the last fiscal year, Bosma Industries For The Blind Inc has awarded $896,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Indianapolis, IN | | $746,000 |
Wichita, KS PURPOSE: REHABILITATION | $150,000 |
Over the last fiscal year, we have identified 7 grants that Bosma Industries For The Blind Inc has recieved totaling $149,045.
Awarding Organization | Amount |
---|---|
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Program and/or Operating Support | $74,037 |
Central Indiana Community Foundation Inc Indianapolis, IN PURPOSE: Student Training and Employment Program | $27,000 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: General Support | $25,000 |
United Way Of Central Indiana Inc Indianapolis, IN PURPOSE: Donor Choice | $7,858 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: SUMMER YOUTH PROGRAM | $7,500 |
Nicholas H Noyes Jr Memorial Foundation Inc Carmel, IN PURPOSE: GENERAL OPERATING SUPPORT | $7,500 |
Beg. Balance | $13,046,253 |
Earnings | -$1,591,845 |
Admin Expense | $40,139 |
Net Contributions | $194,875 |
Ending Balance | $11,609,144 |
Organization Name | Assets | Revenue |
---|---|---|
Bosma Industries For The Blind Inc Indianapolis, IN | $91,434,320 | $116,517,311 |
The Thresholds Chicago, IL | $94,634,488 | $99,875,195 |
Challenge Unlimited Inc Alton, IL | $19,551,518 | $27,029,176 |
Pathfinder Services Inc Huntington, IN | $23,373,697 | $26,929,652 |
Epic Peoria, IL | $12,938,374 | $20,980,141 |
New Star Inc Chicago Heights, IL | $17,179,353 | $15,946,241 |
Employment Solutions Inc Lexington, KY | $14,556,479 | $16,573,430 |
Opportunities Inc Of Jefferson County Fort Atkinson, WI | $79,445,205 | $15,358,946 |
Opportunity Development Centers Inc Wisconsin Rapids, WI | $10,220,285 | $10,954,753 |
Southern Indiana Resource Solutions Inc Boonville, IN | $5,969,301 | $8,999,588 |
Kaskaskia Workshop Inc Centralia, IL | $10,704,130 | $7,342,064 |
Opportunity House Inc Sycamore, IL | $8,989,857 | $6,978,636 |