Gateway Services Inc
- Assets
- $5.9m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 137
- Location
- Princeton, IL
- Founding
- 04/1970
- Data as of
- 06/2024
- EIN
- 36-2683686
Organization Overview
Gateway Services Inc is located in Princeton, IL. The organization was established in 1970. As of 06/2024, Gateway Services Inc employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Services 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 06/2024, Gateway Services Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $6.2m during the year ending 06/2024. While expenses have increased by 4.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE GENERAL WELFARE OF THE DEVELOPMENTALLY DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRAINING AND SUPPORT FOR HANDICAPPED PERSONS
PARTICIPATING PROVIDER OF TRANSPORTATOIN TO ALL DISADVANTAGED PERSONS LOCATED WITHIN BUREAU COUNTY ILLINOIS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Wright CEO | Officer | 40 | $90,000 |
Lynnette Smith Treasurer | OfficerTrustee | 5 | $0 |
Andrew Russell President | OfficerTrustee | 5 | $0 |
Jim Angel Director | Trustee | 5 | $0 |
Chantha Chhim Vice President | OfficerTrustee | 5 | $0 |
Jay Schneider Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,549,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $386,063 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,935,113 |
| Total Program Service Revenue | $4,843,103 |
| Investment income | $305,150 |
| 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 | $7,083,366 |
| 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. | $90,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,018,459 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $478,171 |
| Payroll taxes | $329,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $7,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,940 |
| Fees for services: Other | $15,548 |
| Advertising and promotion | $2,581 |
| Office expenses | $161,041 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,842 |
| Travel | $5,078 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,093 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,636 |
| Insurance | $71,580 |
| All other expenses | $59,475 |
| Total functional expenses | $6,228,383 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $916,193 |
| Savings and temporary cash investments | $278,942 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $999,739 |
| 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 | $32,572 |
| Net Land, buildings, and equipment | $746,105 |
| Investments—publicly traded securities | $2,930,499 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,904,050 |
| Accounts payable and accrued expenses | $407,336 |
| 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 | $407,336 |
| Net assets without donor restrictions | $5,496,714 |
| 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 | $5,904,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Choices For People Center For Citizens With Disabilities Inc Rolla, MO | $10,075,214 | $11,511,160 |
Gateway Services Inc Princeton, IL | $5,904,050 | $7,083,366 |
Abilities Services Inc Crawfordsville, IN | $5,400,510 | $4,361,023 |
Passages Inc Columbia City, IN | $0 | $4,886,280 |
Happiness Bag Players Inc Terre Haute, IN | $2,413,122 | $2,953,559 |
Advocates For Access PEORIA Heights, IL | $1,243,619 | $1,239,053 |