Kandu Industries Inc
- Assets
- $13.6m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 252
- Location
- Milton, WI
- Founding
- 06/1965
- Data as of
- 12/2023
- EIN
- 39-1023165
Organization Overview
Kandu Industries Inc is located in Milton, WI. The organization was established in 1965. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 12/2023, Kandu Industries Inc employed 252 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kandu 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 12/2023, Kandu Industries Inc generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $3.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICE OPTIONS TO ROCK COUNTY RESIDENTS WITH DISABILITIES OR BARRIERS TO EMPLOYMENT THAT RESULT IN GREATER INDEPENDENCE, SOCIAL INTEGRATION, AND PERSONAL WELL-BEING.
Describe the Organization's Program Activity:
REHABILITATION SERVICES OFFERS A FLEXIBLE, RESPONSIVE, AND COMMUNITY-BASED PROGRAM FOR PEOPLE WITH DEVELOPMENTAL DELAYS WITH IDENTIFIED DEMENTIA AND/OR ALZHEIMER'S. THE PROGRAM ALSO SERVES ELDERLY WITHOUT DEVELOPMENTAL DISABILITIES. THE DAY SERVICE PROGRAM OFFERS THE OPPORTUNITY TO GROW PHYSICALLY, INTELLECTUALLY, EMOTIONALLY, AND SOCIALLY. THROUGH ONGOING INTERACTION WITH THE KANDU STAFF AND THE COMMUNITY, CHOICES ARE PROVIDED TO ENABLE EACH INDIVIDUAL TO REALIZE THEIR POTENTIALS AND PERSONAL EXPECTATIONS IN LIFE.
COMMERCIAL OPERATIONS PROVIDE WORK EXPERIENCE TO INDIVIDUALS IN AN ENVIRONMENT WITH SUPERVISION AND SUPPORT. WORK EXPERIENCES ARE OBTAINED IN THE DEPARTMENTS TO INCLUDE PRODUCTION AND CATERING. JOB TRAINING IS PROVIDED, AS NEEDED, TO THE INDIVIDUALS TO ENSURE THEIR SUCCESS. INDIVIDUALS ARE PROVIDED MANY JOB ASSIGNMENTS TO ASSIST WITH DEVELOPMENT OF SKILLS AND ENCOURAGE FLEXIBILITY. THIS PROGRAM PREPARES INDIVIDUALS FOR COMMUNITY EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Chappelle President | OfficerTrustee | 0.5 | $0 |
Michael Davis Vice President | OfficerTrustee | 0.5 | $0 |
Matt Bordwell Treasurer | OfficerTrustee | 0.5 | $0 |
Aron Bussan Secretary | OfficerTrustee | 0.5 | $0 |
Ethan Lee Director | Trustee | 0.5 | $0 |
Rick Wilson Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jp Cullen & Sons Inc Construction Services | 12/30/23 | $148,560 |
Computer Magic It Services | 12/30/23 | $101,778 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $109,879 |
| Related organizations | $0 |
| Government grants | $184,211 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,242,927 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,537,017 |
| Total Program Service Revenue | $2,733,570 |
| Investment income | $43,322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $602,967 |
| Net Income from Fundraising Events | $12,691 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$784,562 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,224,238 |
| 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. | $70,476 |
| Compensation of current officers, directors, key employees. | $11,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,741,569 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $212,894 |
| Payroll taxes | $138,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,162 |
| Fees for services: Accounting | $36,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,835 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $220,398 |
| Advertising and promotion | $46,838 |
| Office expenses | $87,524 |
| Information technology | $3,228 |
| Royalties | $0 |
| Occupancy | $109,488 |
| Travel | $34,270 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $198,170 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $197,793 |
| Insurance | $38,869 |
| All other expenses | $369 |
| Total functional expenses | $3,141,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,214,629 |
| Pledges and grants receivable | $589,800 |
| Accounts receivable, net | $438,006 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $153,457 |
| Prepaid expenses and deferred charges | $37,637 |
| Net Land, buildings, and equipment | $10,841,182 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $284,782 |
| Total assets | $13,559,493 |
| Accounts payable and accrued expenses | $393,792 |
| 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 | $5,976,503 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $88,817 |
| Total liabilities | $6,459,112 |
| Net assets without donor restrictions | $6,076,034 |
| Net assets with donor restrictions | $1,024,347 |
| 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 | $13,559,493 |