Peoria Production Shop Inc
- Assets
- $32.7m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 428
- Location
- Peoria, IL
- Founding
- 07/1953
- Data as of
- 03/2023
- EIN
- 37-0716125
Organization Overview
Peoria Production Shop Inc is located in Peoria, IL. The organization was established in 1953. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 03/2023, Peoria Production Shop Inc employed 428 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoria Production Shop 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 03/2023, Peoria Production Shop Inc generated $8.5m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $7.7m during the year ending 03/2023. 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 EMPLOYMENT OPPORTUNITIES ENABLING INDIVIDUALS WITH DISABILITIES TO ACHIEVE FINANCIAL AND SOCIAL INDEPENDENCE REGARDLESS OF AGE, SEX, RACE, CREED OR ECONOMIC STATUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING- PROVIDES TRAINING & REHABILITATION OPPORTUNITIES TO INDIVIDUALS WITH DISABILITIES IN A SHELTERED WORKSHOP ENVIRONMENT. NUMBER OF INDIVIDUALS WITH DISABILITIES BENEFITTED THIS YEAR WAS 229.
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 |
|---|---|---|---|
Daniel Laturno President & CEO | Officer | 40 | $245,532 |
Elizabeth Dailey CFO | 40 | $166,311 | |
James Smith Director Of Operations | 40 | $118,624 | |
Jeremiah Brown Production Manager (bartonville) | 40 | $82,183 | |
Pamela Creager Director Of Hr | 40 | $81,841 | |
Erika Wilson Hr Manager | 40 | $82,546 |
Financial Statements
| 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 | $2,765 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,765 |
| Total Program Service Revenue | $3,849,270 |
| Investment income | $274,356 |
| 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 | $2,246,078 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,533,116 |
| 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. | $789,370 |
| Compensation of current officers, directors, key employees. | $118,405 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,918,481 |
| Pension plan accruals and contributions | $393,643 |
| Other employee benefits | $0 |
| Payroll taxes | $121,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,812 |
| Fees for services: Accounting | $30,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $52,239 |
| Fees for services: Other | $272,740 |
| Advertising and promotion | $207,706 |
| Office expenses | $58,214 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,084 |
| Travel | $127,463 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $187,832 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $172,868 |
| Insurance | $23,537 |
| All other expenses | $140,010 |
| Total functional expenses | $7,739,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $177,263 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,590,567 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,732,237 |
| Prepaid expenses and deferred charges | $243,477 |
| Net Land, buildings, and equipment | $4,244,385 |
| Investments—publicly traded securities | $8,830,477 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,928,067 |
| Total assets | $32,746,473 |
| Accounts payable and accrued expenses | $10,605,112 |
| 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 | $2,419,886 |
| Total liabilities | $13,024,998 |
| Net assets without donor restrictions | $19,711,475 |
| Net assets with donor restrictions | $10,000 |
| 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 | $32,746,473 |