Love Inc Of Wexford And Osceola Counties
- Assets
- $495.5k
- Revenue
- $409.4k
- Investments
- $0.0
- Employees
- 23
- Location
- Cadillac, MI
- Founding
- 03/1993
- Data as of
- 12/2020
- EIN
- 38-3067784
Organization Overview
Love Inc Of Wexford And Osceola Counties is located in Cadillac, MI. The organization was established in 1993. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Love Inc Of Wexford And Osceola Counties employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Inc Of Wexford And Osceola Counties 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 12/2020, Love Inc Of Wexford And Osceola Counties generated $409.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $314.3k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
AS A CLEARNINGHOUSE, WE ENERGIZE AND INVOLVE THE PEOPLE IN LOCAL CHURCHES, IN COORDINATION WITH HELPING ORGANIZATIONS AND AGENCIES, TO RESPOND TO INDIVIDUAL AND FAMILY NEEDS IN WEXFORD AND OSCEOLA COUNTIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESALE STORE OPERATIONS
COORDINATION OF NEEDS AND SERVICES WITH CHURCH VOLUNTEERS TO RESPOND TO INDIVIDUAL AND FAMILY NEEDS IN WEXFORD AND OSCEOLA COUNTIES
THE HIGHER GROUND FAMILY LIVING CENTER PROGRAM FOCUSES ON IMPROVING THE LIVES OF FAMILIES WITH ADULT CLASSES SUCH AS BUDGETING, MEAL PREPARATION, PARENTING, AND SELF-HELP GROUPS. ADDITIONALLY, TEENS AND CHILDREN PARTICIPATE IN AGE-APPROPRIATE CLASSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Ball Board Secretary | OfficerTrustee | 1 | $0 |
Mark Featherston Board Treasurer | OfficerTrustee | 1 | $0 |
Jim Mort Board Chair | OfficerTrustee | 1 | $0 |
Berniece Verbrugge Board Vice Chair | OfficerTrustee | 1 | $0 |
Rachel Reinink Executive Director | Officer | 40 | $0 |
Jessica Kroes Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,175 |
| Investment income | $16 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,381 |
| 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 | $409,381 |
| Statement of Expenses | |
|---|---|
| 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. | $45,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,528 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,099 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $665 |
| Office expenses | $7,766 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $575 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,543 |
| Payments to affiliates | $8,714 |
| Depreciation, depletion, and amortization | $14,626 |
| Insurance | $10,187 |
| All other expenses | $0 |
| Total functional expenses | $314,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,012 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $495,467 |
| Accounts payable and accrued expenses | $1,182 |
| 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 | $9,286 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,468 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $484,999 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Love Inc Of Wexford And Osceola Counties has recieved totaling $226.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $226 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Northeast Michigan Community Service Agency Inc Alpena, MI | $18,757,719 | $61,175,867 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |