Carpenters Place
- Assets
- $4.6m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 33
- Location
- Rockford, IL
- Founding
- 08/2000
- Data as of
- 06/2022
- EIN
- 36-4352283
Organization Overview
Carpenters Place is located in Rockford, IL. The organization was established in 2000. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 06/2022, Carpenters Place employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carpenters Place 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, Carpenters Place generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 4.3% 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
CARPENTER'S PLACE PROVIDES THE TOOLS NECESSARY FOR REBUILDING THE LIVES OF THE HOMELESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASE MANAGEMENT PROGRAM: FOR THE FISCAL YEAR ENDING JUNE 30, 2022, 645 HOMELESS MEN AND WOMEN WERE IN THE CARPENTER'S PLACE CASE MANAGEMENT PROGRAM. THE GOAL OF THE PROGRAM IS TO IDENTIFY, PROVIDE, AND/OR SECURE THE SERVICES NEEDED TO REBUILD THE LIVES OF THE HOMELESS ADULTS SO THEY CAN REACH SELF-SUFFICIENCY. DURING THIS PERIOD, 43 OBTAINED HOUSING AND 34 SECURED EMPLOYMENT. TO LEAD TO THIS SUCCESS, A SAMPLING OF SERVICES RECEIVED INCLUDE: 16 RECEIVED MENTAL HEALTH TREATMENT/COUNSELING/MEDICATION, AND 145 SECURED AN ID CARD OF DRIVERS LICENSE.
HOUSING PROGRAM: CARPENTER'S PLACE PROVIDES HOUSING FOR 37 HOMELESS ADULTS. THE TARGET POPULATIONS FOR THIS PROGRAM INCLUDE: 3 VETERANS, 14 CHRONICALLY HOMELESS ADULTS, 8 WOMEN WITH NO ATTENDANT CHILDREN, 4 HOMELESS ADULTS WITH MENTAL ILLNESS, AND 8 MEN WHO OBTAINED NEW EMPLOYMENT, BUT HAD NOT YET BECOME SELF-SUPPORTING. EACH HOUSING PROGRAM HAS A MANAGER THAT PROVIDES OVERSIGHT AND CASE MANAGEMENT FOR PARTICIPANTS.
DAY SHELTER PROGRAM: CARPENTER'S PLACE PROVIDES A DAY SHELTER WHERE HOMELESS MEN AND WOMEN CAN ACCESS SERVICES AND BE SAFE FROM THE DANGERS OF THE STREETS AND INCLEMENT WEATHER. FOR THE FISCAL YEAR ENDING JUNE 30, 2022, AN AVERAGE OF 50 INDIVIDUALS CAME TO THE DAY SHELTER DAILY TOTALING 1,026 UNIQUE VISITORS AND 14,070 VISITS. IN THE SAME TIME, 15,419 MEALS WERE SERVED, 2,001 SHOWERS WERE TAKEN, 1,674 PHONES CALLS WERE MADE ON A PHONE THAT IS AVAILABLE FOR HOUSING, EMPLOYMENT, AND MEDICAL CALLS BY THE HOMELESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Beto President | OfficerTrustee | 2 | $0 |
Jim Derry Past Preside | OfficerTrustee | 2 | $0 |
Frank Perrecone Vice Preside | OfficerTrustee | 2 | $0 |
Aaron Vaiden Secretary | OfficerTrustee | 2 | $0 |
George T Ralph Treasurer | OfficerTrustee | 2 | $0 |
Ken Buss Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Staff Management Inc Payroll & Hr | 6/29/22 | $1,085,141 |
Cord Construction Construction | 6/29/22 | $457,780 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $565,103 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,956,826 |
| Noncash contributions included in lines 1a–1f | $266,581 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,521,929 |
| Total Program Service Revenue | $65,030 |
| Investment income | $630 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $137,786 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,727,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $480,711 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,335 |
| Compensation of current officers, directors, key employees. | $37,881 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $728,537 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $94,331 |
| Payroll taxes | $106,356 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,950 |
| Fees for services: Other | $55,896 |
| Advertising and promotion | $7,240 |
| Office expenses | $8,443 |
| Information technology | $13,969 |
| Royalties | $0 |
| Occupancy | $170,443 |
| Travel | $4,700 |
| 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 | $46,300 |
| Insurance | $0 |
| All other expenses | $18,285 |
| Total functional expenses | $1,997,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $567,989 |
| Savings and temporary cash investments | $1,125,633 |
| Pledges and grants receivable | $464,214 |
| Accounts receivable, net | $0 |
| 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 | $27,105 |
| Net Land, buildings, and equipment | $1,061,367 |
| Investments—publicly traded securities | $1,379,932 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,626,240 |
| Accounts payable and accrued expenses | $203,390 |
| Grants payable | $69,663 |
| Deferred revenue | $53,825 |
| 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 | $326,878 |
| Net assets without donor restrictions | $3,042,764 |
| Net assets with donor restrictions | $1,256,598 |
| 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 | $4,626,240 |