Carc Industries is located in Chicago, IL. The organization was established in 1993. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2021, Carc Industries employed 333 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carc 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 06/2021, Carc Industries generated $78.5k 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 (9.6%) each year. All expenses for the organization totaled $62.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. 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
CARC INDUSTRIES COMMITS TO PROVIDE PERSONS WITH DISABILITIES OR OTHER SPECIAL NEEDS QUALITY SERVICES WHICH PROMOTE CHOICE, INDEPENDENCE AND COMMUNITY INTEGRATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARC INDUSTRIES OFFERS EMPLOYMENT PROGRAMS ACROSS SEVERAL CHICAGO-AREA LOCATIONS. EMPLOYMENT SERVICES PLACE OUR CLIENTS IN POSITIVE, WORK ENVIRONMENTS WHERE THEY'RE GIVEN THE OPPORTUNITY TO DEVELOP THEIR COLLABORATION SKILLS AS WELL AS DEVELOP A TRUE SENSE OF PRIDE AND SELF-CONFIDENCE. ADDITIONALLY, THE CARC INDUSTRIES CLIENT TEAM PROVIDES PRODUCTION, ASSEMBLY AND PACKAGING SERVICES TO COMPANIES THROUGHOUT THE MIDWEST. ONE OF ITS MAJOR INITIATIVES IS THE PRODUCTION OF LOW-COST COMFORT PILLOWS FOR TRANSPORTATION COMPANIES. DURING FY2021, THE LOW-COST COMFORT PILLOWS INITIATIVE WAS CEASED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Durbin Board Chair | OfficerTrustee | 0.1 | $0 |
Brittany Scott-Nanry Treasurer | OfficerTrustee | 0.1 | $0 |
Heather Nornes Immediate Past Chair | OfficerTrustee | 0.1 | $0 |
Julie M Dreixler Vice Chairman | OfficerTrustee | 0.1 | $0 |
Mark Jak Vice Chairman | OfficerTrustee | 0.1 | $0 |
Chrisonia Butler Secy. Ex-Officio/dir. Board | Officer | 0.1 | $0 |
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 | $0 |
Investment income | $0 |
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 | $78,497 |
Miscellaneous Revenue | $0 |
Total Revenue | $78,497 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $26,296 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,067 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,075 |
Total functional expenses | $62,652 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $32,819 |
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 | $293,635 |
Total assets | $326,454 |
Accounts payable and accrued expenses | $16,321 |
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 | $11,751 |
Total liabilities | $28,072 |
Net assets without donor restrictions | $298,382 |
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 | $326,454 |
Over the last fiscal year, we have identified 1 grants that Carc Industries has recieved totaling $510,000.
Awarding Organization | Amount |
---|---|
Foundation For Human Development Chicago, IL PURPOSE: FUNDING TO ASSIST WITH DIVERSIFICATION OF DAY PROGRAMS, ANNUAL GIVING MATCH. | $510,000 |
Organization Name | Assets | Revenue |
---|---|---|
Hadley Institute For The Blind And Visually Impaired Winnetka, IL | $99,224,802 | $15,744,483 |
Sycamore School Inc Indianapolis, IN | $14,641,130 | $8,887,687 |
Keshet Northbrook, IL | $16,526,441 | $12,193,321 |
Miriam Foundation St Louis, MO | $35,729,458 | $12,133,437 |
Science And Arts Academy Des Plaines, IL | $14,489,626 | $8,495,124 |
Central Institute For The Deaf Saint Louis, MO | $112,272,850 | $15,856,277 |
St Mary Of Providence Chicago, IL | $15,184,661 | $10,461,875 |
Churchill Center And School For Learning Disabilities Town Country, MO | $27,869,304 | $9,197,555 |
Shepherds Baptist Ministries Inc Union Grove, WI | $10,932,314 | $7,438,958 |
Esperanza Community Services Chicago, IL | $4,534,723 | $6,648,217 |
New Horizon Center For Developmentally Disabled Chicago, IL | $8,510,741 | $6,104,902 |
Brehm Preparatory School Inc Carbondale, IL | $10,590,627 | $6,676,790 |