Cots Inc
- Assets
- $3.3m
- Revenue
- $1.6m
- Investments
- $136.4k
- Employees
- 13
- Location
- Appleton, WI
- Founding
- 08/1998
- Data as of
- 12/2023
- EIN
- 39-1913179
Organization Overview
Cots Inc is located in Appleton, WI. The organization was established in 1998. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Cots Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cots 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, Cots Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
"ENDING HOMELESSNESS IN THE FOX VALLEY." BY PROVIDING TEMPORARY TRANSITIONAL SHELTER AND BASIC NEEDS FOR HOMELESS MEN, WOMEN, YOUNG ADULTS AND SINGLE MOTHER FAMILIES IN OUTAGAMIE, WINNEBAGO AND CALUMET COUNTIES. OUR GOAL IS TO RESPECTFULLY PROVIDE HOMELESS INDIVIDUALS A SAFE AND AFFORDABLE PLACE TO LIVE, FOOD, HOUSEHOLD NEEDS AND TRAINING ON BASIC LIVING SKILLS ENABLING THEM TO TRANSITION TO SELF-SUFFICIENCY AND INDEPENDENT LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUE TO IMPROVE ON LIVING FACILITIES FOR THOSE IN NEED. CONTINUE TO WORK WITH OTHER SHELTER PROVIDERS TO INCREASE REFERRAL SOURCES AND PROVIDE INCLUSIVE CONTINUUM OF CARE FOR RESIDENTS TO ENSURE SUCCESSFUL TRANSITION TO PERMANENT HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Degoey Director | Trustee | 1 | $0 |
Greg Gill Jr Director | Trustee | 1 | $0 |
Ryan Peterson Director | Trustee | 1 | $0 |
John Schmidt Director | Trustee | 1 | $0 |
Kristene Stacker Director | Trustee | 1 | $0 |
Joe Wilz Director | Trustee | 1 | $0 |
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 | $1,296,836 |
| Noncash contributions included in lines 1a–1f | $28,045 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,296,836 |
| Total Program Service Revenue | $192,567 |
| Investment income | $34,814 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $108,000 |
| 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 | $1,632,542 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $313,551 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,489 |
| Payroll taxes | $24,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,610 |
| Advertising and promotion | $1,837 |
| Office expenses | $29,550 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $187,699 |
| Travel | $3,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $79 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,049 |
| Insurance | $40,929 |
| All other expenses | $0 |
| Total functional expenses | $1,019,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $477,329 |
| Savings and temporary cash investments | $1,498,370 |
| Pledges and grants receivable | $132,091 |
| Accounts receivable, net | $5,224 |
| 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 | $3,000 |
| Net Land, buildings, and equipment | $1,032,401 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $136,373 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,793 |
| Total assets | $3,320,581 |
| Accounts payable and accrued expenses | $40,763 |
| Grants payable | $0 |
| Deferred revenue | $11,893 |
| 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 | $43,143 |
| Total liabilities | $95,799 |
| Net assets without donor restrictions | $2,701,443 |
| Net assets with donor restrictions | $523,339 |
| 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 | $3,320,581 |