Greenco Industries Inc
- Assets
- $3.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 133
- Location
- Monroe, WI
- Founding
- 02/1976
- Data as of
- 12/2021
- EIN
- 39-1144785
Organization Overview
Greenco Industries Inc is located in Monroe, WI. The organization was established in 1976. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 12/2021, Greenco Industries Inc employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenco 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, Greenco Industries Inc generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER INDEPENDENCE AND ALLOW DISABLED ADULTS TO ACHIEVE AND MAINTAIN THEIR MAXIMUM POTENTIAL AS CITIZENS WORKING, FUNCTIONING AND LIVING IN THE COMMUNITY BY PROVIDING WORK SERVICES, DAY SERVICES AND RESIDENTIAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOCATIONAL OPERATIONS - ADULT TRAINING PROGRAMS DESIGNED TO ASSIST PERSONS IN ACHEIVING AND MAINTANING THEIR MAXIMUM POTENTIAL AS CITIZENS.
WORKSHOP OPERATIONS - TRAINING FOR DEVELOPMENTALLY DISABLED ADULTS BY HAVING THEM PERFORM SIMPLE PIECEWORK OPERATIONS FOR OUTSIDE BUSINESSES.
SUPPORTING LIVING SERVICES - THE ORGANIZATION MAINTAINS FIVE LICENSED ADULT FAMILY HOMES AND TWO SUPPORTED LIVING APARTMENTS. SUPPORTIVE LIVING ALLOWS ADULTS TO LIVE IN A SUPPORTIVE HOME SETTING WITH SUPERVISION ON A DAILY BASIS.
JANITORIAL SERVICES - JANITORIAL JOBS ARE SECURED AND DEVELOPMENTALLY DISABLED ADULTS ARE TRAINED IN PERFORMING THEM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Klein CEO | Officer | 42 | $125,512 |
Rob Hodgson President | OfficerTrustee | 1 | $0 |
Scott Stocker Vice Preside | OfficerTrustee | 1 | $0 |
John Kundert Secretary | OfficerTrustee | 1 | $0 |
Teri Laborde Treasurer | OfficerTrustee | 1 | $0 |
Ron Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $9,770 |
| Government grants | $2,318,228 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,327,998 |
| Total Program Service Revenue | $535,799 |
| Investment income | $17,651 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,881,448 |
| 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. | $149,400 |
| Compensation of current officers, directors, key employees. | $14,487 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,815,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $208,662 |
| Payroll taxes | $148,461 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,277 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $606 |
| Office expenses | $13,909 |
| Information technology | $8,513 |
| Royalties | $0 |
| Occupancy | $120,643 |
| Travel | $35,813 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,095 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,988 |
| Insurance | $78,576 |
| All other expenses | $9,928 |
| Total functional expenses | $2,838,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,376 |
| Savings and temporary cash investments | $1,839,607 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $265,519 |
| 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 |
| Net Land, buildings, and equipment | $1,163,924 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,779 |
| Total assets | $3,291,205 |
| Accounts payable and accrued expenses | $70,846 |
| 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 | $73,349 |
| Total liabilities | $144,195 |
| Net assets without donor restrictions | $3,086,922 |
| Net assets with donor restrictions | $60,088 |
| 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 | $3,291,205 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greenco Industries Inc has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Work Skills Corporation Brighton, MI | $12,915,306 | $19,905,891 |
Epic Peoria, IL | $12,938,374 | $20,980,141 |
New Star Inc Chicago Heights, IL | $17,179,353 | $15,946,241 |
First Resources Corp Sigourney, IA | $9,340,910 | $15,811,214 |
Cedar Valley Services Inc Austin, MN | $19,653,627 | $16,645,958 |
Christian Opportunity Center Pella, IA | $13,962,431 | $13,502,776 |
New Horizons Rehabilitation Services Inc Auburn Hills, MI | $18,392,704 | $14,428,866 |
Progress Industries Newton, IA | $5,056,933 | $12,560,187 |
Opportunities Inc Of Jefferson County Fort Atkinson, WI | $79,445,205 | $15,358,946 |
Proact Inc Eagan, MN | $22,369,538 | $14,695,525 |
Opportunity Development Centers Inc Wisconsin Rapids, WI | $10,220,285 | $10,954,753 |
Merrick Inc Vadnais Heights, MN | $10,586,883 | $11,695,877 |