Sandco Industries
- Assets
- $4.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 108
- Location
- Clyde, OH
- Founding
- 06/1973
- Data as of
- 12/2023
- EIN
- 34-1112041
Organization Overview
Sandco Industries is located in Clyde, OH. The organization was established in 1973. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 12/2023, Sandco Industries employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sandco Industries 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 12/2023, Sandco Industries generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEANFUL WORK OPPORTUNITIES AND RELATED SERVICE FOR ELIGIBLE INDIVIDUALS. THE ORGANIZATION WAS ESTABLISHED TO OPERATE A WORKSHOP AND SPECIAL TRAINING CENTER FOR ADULTS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION HVT - OPERATING WORKSHOPS FOR ADULTS WITH DEVELOPMENTAL DISABILITIES RESIDING IN SANDUSKY COUNTY, OHIO WITH A FOCUS ON ASSEMBLY WORK FOR OUTSIDE ORGANIZATIONS. TO PROVIDE AND CREATE MEANINGFUL WORK OPPORTUNITIES AND RELATED SERVICE FOR ELIGIBLE INDIVIDUALS WITH A FOCUS ON ASSISTING INDIVIDUALS WITH CHALLENGES IN THE AREA OF EMPLOYMENT CUSTOMIZED TO MEET THEIR PERSONAL WANTS AND NEEDS.
LIFE ENRICHMENT - SEMI-RETIREMENT DAY PROGRAM FOR SENIORS TO PARTICIPATE IN VARIOUS ACTIVITIES
TRANSPORATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Stiltner CEO | OfficerTrustee | 40 | $83,302 |
Loren Branski Business Mgr | OfficerTrustee | 40 | $53,676 |
Caleb Wynbissinger President | OfficerTrustee | 1 | $0 |
E Miles Foos Vice President | OfficerTrustee | 1 | $0 |
Russ Kiser Treasurer | OfficerTrustee | 1 | $0 |
Andrea Gibson Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,764 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,082 |
| Total Program Service Revenue | $1,299,544 |
| Investment income | $67,651 |
| 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 | $36,508 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,056,641 |
| 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. | $136,974 |
| Compensation of current officers, directors, key employees. | $136,974 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $672,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $90,600 |
| Payroll taxes | $80,339 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,553 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,904 |
| Office expenses | $35,635 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,147 |
| Travel | $2,916 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,187 |
| Interest | $50,103 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,263 |
| Insurance | $30,684 |
| All other expenses | $853 |
| Total functional expenses | $1,447,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $575,291 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $179,009 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,270 |
| Prepaid expenses and deferred charges | $21,781 |
| Net Land, buildings, and equipment | $2,351,874 |
| Investments—publicly traded securities | $1,368,977 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,128 |
| Total assets | $4,517,330 |
| Accounts payable and accrued expenses | $137,359 |
| 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 | $1,060,375 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,197,734 |
| Net assets without donor restrictions | $3,291,083 |
| Net assets with donor restrictions | $28,513 |
| 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 | $4,517,330 |