Svrc Industries Inc

Organization Overview

Svrc Industries Inc is located in Saginaw, MI. The organization was established in 1967. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 12/2021, Svrc Industries Inc employed 265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Svrc Industries 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 12/2021, Svrc Industries Inc generated $10.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $8.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREATE AND SUSTAIN OPPORTUNITIES AND SUPPORT SYSTEMS FOR PERSONS WITH BARRIERS TO EMPLOYMENT AND COMMUNITY ACCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GREAT LAKES BAY MI WORKS PATH - TO PROVIDE ASSISTANCE TO INDIVIDUALS SEEKING EMPLOYMENT


PRODUCTION/MANUFACTURING SERVICES - TO PROVIDE VOCATIONAL TRAINING, WORK EXPERIENCE AND EXTENDED WORK ADJUSTMENT IN REAL WORK SITUATIONS.


MY CHOICE PROGRAM - TO PROVIDE VOCATIONAL TRAINING, WORK EXPERIENCE AND EXTENDEND WORK ADJUSTMENT IN REAL WORK SITUATIONS.


ISD SCHOOL-BASED PROGRAMS - PROVIDE SCHOOL-BASED PROGRAMS AND SERVICES, SUCH AS SPEECH/LANGUAGE, TEACHERS, SCHOOLTOWORK, AND OTHER AIDS TO THE DISTRICT. SHIAWASSEE WIOA/PATH PROGRAM - PROVIDE EMPLOYMENT/TRAINING SERVICES TO ASSIST INDIVIDUALS IN FINDING/QUALIFYING FOR MEANINGFUL EMPLOYMENT. GREAT LAKES BAY MI WORKS WIOA YOUTH PROVIDE CAREER EXPLORATION AND GUIDANCE, SUPPORT FOR EDUCATIONAL ATTAINMENT, OPPORTUNITIES FOR OCCUPATIONAL SKILLS TRAINING, AND EMPLOYMENT OR OTHER POSTSECONDARY EDUCATION ENROLLMENT. GREAT LAKES BAY MI WORKS WIOA PROGRAM - PROVIDE EMPLOYMENT/TRAINING SERVICES TO ASSIST INDIVIDUALS IN FINDING/QUALIFYING FOR MEANINGFUL EMPLOYMENT. MANAGMENT SERVICES FOR LEARN TO EARN ACADEMY. MANAGEMENT SERVICES TO THE SVRC MARKETPLACE.


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Board, Officers & Key Employees

Name (title)Compensation
Dean Emerson
CEO
$205,140
Debra Synder
President/co
$162,354
Donna Green
Controller
$119,567
Gilberto Guevara
Chairperson
$0
Amy Mikolaiczik
Secretary/tr
$0
Charleen Boland
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,958,362
All other contributions, gifts, grants, and similar amounts not included above$7,630
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,965,992
Total Program Service Revenue$2,050,391
Investment income $79,249
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $202,491
Net Gain/Loss on Asset Sales -$9,683
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,824,855

Grants Awarded

Over the last fiscal year, Svrc Industries Inc has awarded $180,512 in support to 2 organizations.

Grant RecipientAmount

SAGINAW INTERMEDIATE SCHOOL DISTRICT

PURPOSE: SCHOOL-BASED PROGRAMS FOR PERSONS WITH DISABILITIES; HELP OFFSET COST OF SPECIAL EDUCATION MILLAGE.

$170,512

SAGINAW COUNTY COMMUNITY MENTAL HEALTH AUTHORITY

PURPOSE: ASSIST WITH VOCATIONAL AND TRANSPORTATION SERVICES FOR PERSONS WITH DISIBILITIES.

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Svrc Industries Inc has recieved totaling $3,000.

Awarding OrganizationAmount
Frank N Andersen Foundation

Bridgeport, MI

PURPOSE: RAMPS FOR DISABLED

$3,000
View Grant Recipient Profile

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